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AEMO wants emergency gas powers to boost Victoria’s supply, but will it help?

The move is primarily aimed at bolstering Victorias supply, but its impact will be felt across Australias east coast. Until relatively recently, Victo

The move is primarily aimed at bolstering Victorias supply, but its impact will be felt across Australias east coast. Until relatively recently, Victoria was the main supplier – and user – of gas in eastern Australia. Its dominance lay in the discovery of gas fields off Victoria in the 1960s, which led to a wave of industrial development. According to Australias energy regulator, Victorias gas reserves are expected to run out by 2023 and the company will become an importer of fuel. Pressure from financiers and investors to move away from fossil fuels is depriving companies of the money needed to develop oil and gas. The largest source of gas in Australia today in Queensland, which accounts for more than threequarters of all gas produced in Eastern Australia. Read More..

B2B Tech News | 2 years ago        

South African, Kenya Airways has signed a codejoining agreement

South African Airways and Kenya Airways have signed a codesharing agreement for flights to and from their respective countries. The deal, effective im

South African Airways and Kenya Airways have signed a codesharing agreement for flights to and from their respective countries. The deal, effective immediately, will see each airline sell the other’s flights under its own code. The deal gives travelers from South Africa more options to fly to African destinations including Nairobi, Dar es Salaam, Entebbe, Mombasa and Kisumu. The development of this partnership will include Zanzibar, Kilimanjaro, Juba, Dola, Lusaka, Ghana and Nigeria subject to government approval. KQ is a member of Sky Group, the second largest airline network belonging to the Star Alliance of South Africa, the largest airline club with 28 members. Read More..

B2B Tech News | 2 years ago        

Oil company Aker BP plans to increase its dividend in the second half of this year after positive quarterly results

Earnings before interest, taxes, depreciation, and amortization EBITDA for AprilJune rose to $ 1.75 billion from $ 855 million a year ago. The company

Earnings before interest, taxes, depreciation, and amortization EBITDA for AprilJune rose to $ 1.75 billion from $ 855 million a year ago. The company recently bought Norwegian assets from Swedens Lundin Energy in a cashandstock deal. Norway is the second largest energy supplier in Europe after Russia. High oil and gas prices contributed to strong cash flow, allowing us to complete the Lundin transaction without adding new debt while improving our credit ratings, said CEO Karl Johnny Hersvik in a statement. Read More..

B2B Tech News | 2 years ago        

Digital Health Market to grow by USD 207.34 billion by 2025, Use of AI in Digital Health is a Major Trend to Fuel the Market Growth

From 2020 to 2025, the digital healthcare industry is expected to grow to $ 207.3 billion at a CAGR of 20.16%. A major trend supporting the expansion

From 2020 to 2025, the digital healthcare industry is expected to grow to $ 207.3 billion at a CAGR of 20.16%. A major trend supporting the expansion of the digital healthcare market is the use of artificial intelligence in healthcare. North America accounted for 46% of market growth during the forecast period. Alphabet Inc., Apple Inc., Cisco Systems Inc., General Electric Co., International Business Machines Corp., Koninklijke Philips N.V., McKesson Corp., Qualcomm Inc., Samsung Electronics Co., Ltd. and Siemens Healthineers AG are just a few of the market vendors covered in the Digital Health Market report. Read More..

B2B Tech News | 2 years ago        

General Dynamics IT won a $ 908 million Air Force Network contract in Europe

U.S. Air Forces in Europe will receive network support and data transmission technology. Contracts will be concluded in Germany, Italy, Turkey, the Un

U.S. Air Forces in Europe will receive network support and data transmission technology. Contracts will be concluded in Germany, Italy, Turkey, the United Kingdom, and other parts of Europe. Brian Sheridan says This requires aviators across Europe to mobilize and apply knowledge, tools, and data. Over the years, the Virginiabased General Dynamics division will develop, operate and maintain existing infrastructure and Internet systems. The Defense Department did not name the other bidders, but the 764th Enterprise Sustainment Wing at Ramstein Air Force Base, Germany, received an indefinite supply, an indefinite amount contract on July 14, according to the Defense Department. Read More..

B2B Tech News | 2 years ago        

Saudi Arabias venture capital tripled to $ 584 million in the first half of 2022

Venture capital funding in Saudi Arabia more than tripled in the first half of 2022 to $ 584 million, surpassing the total of 2021. This achievement h

Venture capital funding in Saudi Arabia more than tripled in the first half of 2022 to $ 584 million, surpassing the total of 2021. This achievement has allowed the kingdom to remain second in the Middle East and North Africa in terms of total funds. Technology is a powerful pillar of the Saudi Vision 2030 program, which aims to diversify the economy. The worlds largest oil exporter is estimated to spend about $ 33 billion on ICT development by 2022. The food and beverage sector led VC funding in the kingdom in the first half of 2022. Read More..

B2B Tech News | 2 years ago        

Greymatter Innovationz GMI, a leading provider of digital transformation, is opening its upcoming innovation center in Guadalajara, Mexico.

For its clients in North America, the Innovation Hub will provide digital technology services. Within the next 24 months, Greymatter intends to increa

For its clients in North America, the Innovation Hub will provide digital technology services. Within the next 24 months, Greymatter intends to increase the number of employees at its Nearshore Guadalajara Hub from its current 30+ to 300+. The company has been developing an international shipping model with delivery teams based in the United States, Mexico, and India. Greymatter was created in the digital age, giving us the chance to completely reimagine how we develop capacity, capability, and culture. Read More..

B2B Tech News | 2 years ago        

Industry says Beetaloo Basin gas could solve Australia’s energy crisis

The Beetaloo Basin contains enough shale gas to power Australia for an estimated 200 years. The gas industry is holding it up as one essential solutio

The Beetaloo Basin contains enough shale gas to power Australia for an estimated 200 years. The gas industry is holding it up as one essential solution to Australias energy crisis. The Northern Territory government is keen to allow the industry to move from exploration to full production next year. Farmers and some Aboriginal traditional owners are using analysis to step up arguments that the risks to their businesses and livelihoods of pushing towards full production are too high. He says if fracking goes ahead there will be no space left for him and his cattle to do their business on his land. He has also questioned what a future with more gas would mean for climate change, saying this year will be the sixthdriest in 100 years. Read More..

B2B Tech News | 2 years ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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