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Chemicals & Energy: Page 115

DNV: Oil and Gas Industry Finding 'New Normal'

DNV GL has released its annual oil and gas industry benchmark study, and the survey of 700 industry executives and professionals found that confidence is at roughly the same level as last year, with about one third of respondents expecting growth in 2017.

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Holding Supply Chains Accountable for Carbon Emissions Saves Money, CDP Reports

A sustainable supply chain will result in a lot fewer carbon emissions, reports CDP, which looked at 89 supply chain members that cut those heat-trapping emissions by 434 million tons in 2016.

U.K. Offshore Wind Costs Fall Nearly a Third in Four Years

The cost of producing electricity from wind farms off the coast of Britain has fallen 32 percent in the past four years, meeting a government target four years early, an industry report said.

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China Shipbuilding Pushing Technology Envelope

China Shipbuilding Industry Corp (CSIC) has begun to upgrade the design of its first-ever floating nuclear power platform ready for a wider spectrum of applications. The company is also expanding its submersible construction activities.

Tesla: Battery Revolution Just Reached Critical Mass

Tesla Motors Inc. is making a huge bet that millions of small batteries can be strung together to help kick fossil fuels off the grid. The idea is a powerful one - one that's been used to help justify the company's $5bn factory near Reno, Nev. - but batteries have so far only appeared in a handful of true, grid-scale pilot projects.

BP: Global Energy Demand to Increase 30 Percent by 2035

BP's Energy Outlook predicts that global energy demand will increase about 30 percent by 2035, driven by increasing prosperity in developing countries, partially offset by rapid gains in energy efficiency.

Hewlett-Packard, General Motors Save Suppliers $12Bn By Reducing Emissions

Hewlett-Packard, General Motors and Bank of America are among the major purchasers that are saving billions and reducing emissions by working with their suppliers to improve environmental management, according to a CDP report.

More Piracy Near Philippines Forces Ships To Change Routes

A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels through other waters, increasing costs and extending the time it takes to transport goods such as Australian iron ore to key Asian destinations, according to Reuters.

AI Adoption Linked To Faster Revenue Growth, Research Shows

Organizations who reported faster growth in revenue over the past three years were also more likely to be further ahead in using artificial intelligence, according to new research by IT consulting company Infosys.

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More Pay, Greater Confidence Lift U.S. Retail Sales - But Brick-and-Mortar Chains Lag

Americans stepped up their auto buying and online shopping in December, reflecting a boost in confidence after the election and a solid increase in pay.

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VW Dropped From Trusted-Cargo Program Over Cheating Scandal

The emissions-cheating scandal that has cost Volkswagen AG more than $20bn has also made it harder to import its cars to the U.S.

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Solar Could Beat Coal To Become The Cheapest Power On Earth

Solar power is now cheaper than coal in some parts of the world. In less than a decade, it's likely to be the lowest-cost option almost everywhere.

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