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The main gas pipeline from Russia to Europe is restored after a break

The Nord Stream 1 pipeline to Germany has been closed for annual maintenance since July 11. German officials feared that the pipeline supplying a thir

The Nord Stream 1 pipeline to Germany has been closed for annual maintenance since July 11. German officials feared that the pipeline supplying a third of Germanys gas would never reopen. Germany says only 30% of its pipeline capacity is currently flowing. German officials denied the comments. She cited technical issues with equipment sent by her partner Siemens Energy to Canada for overhaul but was not returned due to sanctions against Russias invasion of Ukraine. But Russian company Gazprom reported on Thursday that only 30 percent of its pipeline capacity had been delivered, Klaus Muller, Germanys electricity grid regulator, wrote on Twitter. Read More..

B2B Tech News | 3 years ago          

Wipro, NTPC and other stocks are in todays news

The BSE Sensex rose more than 600 points to 55,398 on Wednesday. Asian markets were mixed on Thursday morning. Wipro reported that in the quarter ende

The BSE Sensex rose more than 600 points to 55,398 on Wednesday. Asian markets were mixed on Thursday morning. Wipro reported that in the quarter ended June 2022, connected revenues decreased by 21% to Rs 2,563 trillion. IndusInd Bank registered an increase in turnover of 61% from one year to another, of 1,631 million lei. Tata Communications reported an 83.63% increase in consolidated profit to Rs 543.76 crore. NTPC has a contract with the Moroccan Agency for Sustainable Energy MASEN. Read More..

B2B Tech News | 3 years ago          

Shell Gulf’s battle to introduce LNG in Australia is intensifying

Shell told customers Monday that it could not ship liquefied natural gas LNG shipments from its Prelude plant in northwestern Australia due to union a

Shell told customers Monday that it could not ship liquefied natural gas LNG shipments from its Prelude plant in northwestern Australia due to union action over a wage dispute that was extended until July 21. Shell has stopped production and will hire workers for its largescale floating equipment Monday night. The company has issued a Notice of Failure to the customer for all future downloads. This situation could easily be resolved if management stopped the strange and aggressive tactics of industrial relations, said Zach Duncalf, coordinator of the Offshore Alliance. Shell will close Prelude on Monday, starting with a night shift. Read More..

B2B Tech News | 3 years ago          

In Uganda, Wazi Vision is changing lives through innovative eye care

Wazi Vision is the first company in East Africa to design and manufacture glasses for African facial features. Ive been reading everything since I got

Wazi Vision is the first company in East Africa to design and manufacture glasses for African facial features. Ive been reading everything since I got these glasses, says Ugandan entrepreneur Jane Nabbosais at the eye exam camp. This is a source of pride for CMO founder Geogette Ochieng Ndabukiye. The heels people wear are not about looks. Free services are usually reserved for people who cannot get an ophthalmologist, but vision problems are still common in this country. Read More..

B2B Tech News | 3 years ago          

Bitzos $ 2 billion growth shows the power of crypto innovation in Latin America

Bitz cryptocurrency was founded in 2014 and currently has 4 million users in Mexico, El Salvador, Brazil, Colombia, and Argentina. It allows users to

Bitz cryptocurrency was founded in 2014 and currently has 4 million users in Mexico, El Salvador, Brazil, Colombia, and Argentina. It allows users to trade different currencies using pesos, among other features including international show fees. By mid2021, Bitzo secured seven rounds of funding and raised $ 314 million, surpassing a $ 2 billion valuation, confirming it as the first cryptounicorn company in Latin America. Crypto is a better choice than the Argentine peso, said Bitzo cofounder Rosella Diaz Ortiz, citing one of the highest inflation rates in the world. According to the World Bank, about 6 billion people worldwide have bank accounts. But cryptocurrency is not everything because the adoption bubble and national debt are rising, and the industry is suffering from fraud and theft. Read More..

B2B Tech News | 3 years ago          

Due to Alpecs profit, Alfa Mexicos secondquarter net profit doubled

Alfas earnings were increased by its food distribution subsidiary, Sigma, and its petrochemical division, Alpek. Earnings before interest, taxes, and

Alfas earnings were increased by its food distribution subsidiary, Sigma, and its petrochemical division, Alpek. Earnings before interest, taxes, and amortization EBITDA increased by 42% year on year to $ 14.15 billion. However, Alfa slightly lowered its overall forecasts due to the poor performance of Sigma in Europe and the release of Axtel. The company also reduced EBITDA by 11%. Analyst Spinoff could mean more value for shareholders. It will be significant to consider OCTALs attractive cash flow, the reopening of Corpus Christi, Texas PET and PTA facilities, ESGs recent commitment to reduce emissions, and the possible exit of Alpha Read More..

B2B Tech News | 3 years ago          

Spain rejects EU plan to reduce gas consumption by 15% due to concerns

According to Teresa Ribera, Minister for Ecological Transition, Spains government has rejected a plan to reduce gas consumption by 15% in light of the

According to Teresa Ribera, Minister for Ecological Transition, Spains government has rejected a plan to reduce gas consumption by 15% in light of the possibility that Russia will reduce gas supplies to Europe. She claims that Spains industry has made a special sacrifice to ensure supply security. The average consumption over the previous five years is to be reduced voluntarily by 15%, according to the European Commission. This equates to 55 terawatt hours in the case of Spain, out of a total average of 367.28 TWh. The government will support the position of the Spanish industry, which has paid a special price to guarantee the security of supply, and no matter what happens, Spanish families wont experience gas or electricity cuts in their homes, the minister said. Read More..

B2B Tech News | 3 years ago          

Japan reduced the gasoline subsidy to 36.6 yen per liter

According to the industry ministry, Japan has reduced its gasoline subsidy for oil distributors for seven days starting on Thursday from 36.9 yen to 3

According to the industry ministry, Japan has reduced its gasoline subsidy for oil distributors for seven days starting on Thursday from 36.9 yen to 36.6 yen 26.5 cents per liter. The temporary subsidy plan was implemented in January to lessen the impact of high crude prices brought on by limited global supply, which was later made worse by the conflict in Ukraine. Read More..

B2B Tech News | 3 years ago          



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