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Woodside production forecast misses forecasts, stocks fall

Australias Woodside Energy Group Ltd WDS.AX on Thursday downgraded its 2022 production outlook and flagged a possible delay in a US oil project inheri

Australias Woodside Energy Group Ltd WDS.AX on Thursday downgraded its 2022 production outlook and flagged a possible delay in a US oil project inherited from BHP Groups oil assets, sending its shares down 4% oil and gas producer, following its merger with BHPs oil division, said its Phase 2 Mad Dog oil project in the Gulf of Mexico, scheduled to come on stream in 2022, could face upside costs. delays after problems were identified in some equipment. The drop in production came as Woodside reported secondquarter profits more than doubled to $3.44 billion, including a monthly contribution from BHP assets, buoyed by soaring oil prices and gas following the Russian invasion of Ukraine. Read More..

B2B Tech News | 3 years ago          

Cassava Technologies raises $50 million investment from C5 Capital

Cassava Technologies, an African continentwide integrated technology company, has announced that it has accepted a $ 50 million investment from C5 Cap

Cassava Technologies, an African continentwide integrated technology company, has announced that it has accepted a $ 50 million investment from C5 Capital. This investment is part of an extended round of financing to accelerate cassava growth. Cassava will be the African market access partner for the advanced companies in the C5 portfolio, to give the best technologies in the field of cybersecurity, satellite and space, and clean energy. Cassava is a leading provider of cybersecurity, space, and energy solutions for the private and public sectors. The company has partnered with C5 Capital to launch a network of Cyber ​​Security Operations Centers CSOCs across Africa.CSOC enables you to deliver cyber security services and operations across continents. According to industry reports, cyber security threats will cost Africa nearly $ 4.1 billion in the gross domestic product GDP by 2021. Read More..

B2B Tech News | 3 years ago          

NASA computer image of Antarctica from space

The image is not a photo, but a visualization of Antarctica created in 2007 using data from NASAs Terra and Aqua satellites orbiting the Earth. The v

The image is not a photo, but a visualization of Antarctica created in 2007 using data from NASAs Terra and Aqua satellites orbiting the Earth. The visualization shows the state of sea ice on September 21, 2005. THE FACTS For the past few days, Twitter users have shared the computergenerated visualization of Earth, which shows sea ice on the continent. Antarctica seen from space! Although the visualization represents the continent based on real data, it is not a photograph. It was created by combining satellite data to visualize the continents sea ice conditions on September 21, 2005, according to a NASA climate scientist. Read More..

B2B Tech News | 3 years ago          

The CEO of Japans Renesas says there are no plans to build a chip factory in the United States.

Japanese semiconductor company Renesas Electronics Corp. says that there are no plans to build a factory for the production of microcircuits in the Un

Japanese semiconductor company Renesas Electronics Corp. says that there are no plans to build a factory for the production of microcircuits in the United States. CEO Hidetoshi Shibata I dont believe there are good products in Europe or America. Inhouse manufacturing is the process of creating chips on wafers, roundpolished silicon wafers. Shibata said there are risks in concentrating production in Japan, adding that earthquakes sometimes disrupt production. The companys shareholders are Toyota Motor Corp and automotive supplier Denso Corp. Read More..

B2B Tech News | 3 years ago          

Axiom Space and Hungary have signed a memorandum of understanding on expanding relations in space

A memorandum of understanding between the Hungarian government and Axiom Space has been signed MOU. On July 20, 2022, in Washington, D.C., the agreeme

A memorandum of understanding between the Hungarian government and Axiom Space has been signed MOU. On July 20, 2022, in Washington, D.C., the agreement was signed. The Hungarian to Orbit HUNOR program, which seeks to send a Hungarian astronaut to the International Space Station, is the primary objective of the new agreement. To advance inspace manufacturing capabilities, support scientific research and technology demonstrations in microgravity, and motivate the next generation of strong and competent STEM workers, Axiom Space has signed an agreement with Hungary. The agreement highlights Axiom Spaces shared desire to advance science and use space for peaceful purposes. Read More..

B2B Tech News | 3 years ago          

Gaganyaan canceled mission this year solar, lunar missions in 2023

The Major mission deadlines have been updated by the Indian Space Research Organization ISRO. The space observatory, XpoSat, is the third scientific m

The Major mission deadlines have been updated by the Indian Space Research Organization ISRO. The space observatory, XpoSat, is the third scientific mission that the space agency has planned for the coming year. However, the ISRO Gaganyaan missions first abort demonstration is not expected until later in the year. An Indian spacecraft will travel 1.5 million kilometers to the L1, or Lagrangian point, between the Sun and Earth as part of the Aditya L1 mission. After the Astrosat, the XpoSat will be Indias second astronomical observatory in orbit. A soft Moon landing is the goal of the landerrover mission Chandrayaan 3, which will be the third lunar mission. Read More..

B2B Tech News | 3 years ago          

Tata Steel has partnered with BHP of Australia to explore lowemission steel production technology

Tata Steel Home has partnered with BHP of Australia to jointly research lowcarbon iron and steelmaking technology. The partnership aims to help both c

Tata Steel Home has partnered with BHP of Australia to jointly research lowcarbon iron and steelmaking technology. The partnership aims to help both companies move towards climate change goals and support India’s ambition to become carbon neutral by 2070. Tata and PHP steel wants to collaborate in ways to reduce the intensity of the furnace line, use a biopsy through these two and use carbon recording and the use of CCU in steel production. We believe that strategic cooperation is very important to accelerate measurement technologies, so collaboration with BHP is an important step for the United States, said Vice President of the Tata Steel Strategic Chairman. Read More..

B2B Tech News | 3 years ago          

Kenyas current currency shortage is selfinflicted

As the gap between Kenya’s exports and imports continues to widen, the country’s trade deficit stands at 1 trillion. Kenya earns foreign currency

As the gap between Kenya’s exports and imports continues to widen, the country’s trade deficit stands at 1 trillion. Kenya earns foreign currency in several ways First, through the sale of domestically produced goods to foreign markets exports. Second, remittances to citizens working abroad and their relatives. Third, tourists visit the country and spend their foreign currency within the country. Instead, they focus on things they’re great at creating, like Kanye West albums or SpaceX rockets. When CBK Governor Patrick Njoroge took office in mid2015, currency holdings rose from $ 96 to $ 107 in nominal terms. This blew up the bubble, allowing the government to increase the foreign debt by issuing Eurobonds with $ 5.1 billion over the period. Read More..

B2B Tech News | 3 years ago          



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