World's largest oil company, Saudi Aramco, reported a 3% decline in second-quarter profits to $29.1 billion due to lower crude production but still plans to pay $124.2 billion in dividends this year.
Energy
Vershuin's Boost-E™: Improving Sustainability, Enhancing Energy Efficiency
The need for innovative solutions has never been more pressing. Fortunately, the founders of Vershuin Energy have not only innovated a way to address this catastrophic global waste problem, but they have turned it into a sustainable opportunity. "We offer a technical solution with a small footprint that packs a knockout punch. Why kick your waste down the road when you can process it into something powerful on-site?" asserts CEO and co-founder Savanna Speciale.
Achieve Superior Performance with DAYY Photonics' Industry-Leading Light Sources
Photonics fuels progress in everything from internet speed to advanced medical scans. Central to this industry are light sources, which are crucial for making all kinds of light-based gadgets and tools work. DAYY Photonics is dedicated to developing industry-leading light sources and custom photonic solutions, offering a range of products designed to meet the diverse needs of the industry.
Scotland-England Electric Link to Power 2 Million Homes, Construction Starts 2028
Regulators have approved a £4.3 billion subsea cable project between Scotland and England, designed to enhance renewable energy transfer and boost energy security.
Savitha Sridharan and Orora Global Inc.: Providing Renewable Energy for All
Most of us can't imagine a world without lights, refrigeration, air conditioning, and the ability to charge our cellular devices. For millions of people living in developing countries, electricity is a luxury they do not have access to; in Asia and India alone, there are nearly 600 million people who live without electricity. Recognizing this lack, computer engineer, MBA holder, ultramarathoner, and entrepreneur Savitha Sridharan founded Orora Global Inc. to address energy poverty and ultimately promote equitable and sustainable development that empowers women, children, and families around the world.
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Enginuity Power Systems is an energy solutions company based in Alexandria, VA. Specializing in ultra-high-efficiency energy systems, the company offers products for residential, commercial, industrial, and government applications. Key features of its E-Series systems include a lightweight design, multi-fuel capability, scalability, and quiet operation.
Climate change is one of the most serious threats facing our planet today. Rising CO₂ levels in the atmosphere are causing global warming and making our oceans more acidic.
We live in a time when digital connectivity is no longer a luxury but a necessity, which means access to reliable digital infrastructure is more important than ever before. Yet, millions of people across the globe, particularly in remote and underserved communities, continue to face significant barriers to accessing high-speed internet. This digital divide hinders educational advancements, limits healthcare access, and impedes economic growth. In response to this global problem, Greensparc, a company that provides edge infrastructure-as-a-service (IaaS), uses sustainable micro-data centers to close the connectivity gap.
In an era plagued by climate crises, social inequality, and economic uncertainty, visionary entrepreneur Kenneth W. Welch Jr. is rewriting the rules of corporate responsibility. His brainchild, "Global's Corporate Machine," a groundbreaking model blending business acumen with humanitarian aims to tackle the world's most pressing growth, development, economic, and detrimental challenges holding back or plaguing our "Planet, Head-on."
Marathon Oil was fined $241.5 million for air quality violations at its Fort Berthold Indian Reservation oil and gas plants.
Texas Oil and gas operations will resume operations following Hurricane Beryl's widespread power outages to almost 2.3 million Texans.
EDF, France’s state energy company, has appeared to pull out of the bidding race to build mini-nuclear reactors in the United Kingdom, saying that it was refining its small modular reactor design.
Efforts to integrate effective vibration sensors into smart tires have faced challenges related to energy consumption and practicality. Current sensors consume too much energy, leading to frequent battery replacements. Their short lifespans make them impractical and costly. While many have struggled to find a way around these limitations, one company has succeeded. POLYN Technology specializes in fabless semiconductor solutions integrating pre-trained AI models into its Neuromorphic Analog Signal Processors (NASP).
Escalating geopolitical tensions between Israel and Hezbollah and Hurricane Beryl's potential impact on Gulf Coast refineries push US crude oil prices to reach a two-month high.
