BP sells Jadestone an interest in oil-producing areas off the coast of Australia

Oil and gas company Jadestone Energy, which is listed on AIM and has its headquarters in Singapore, is growing its presence offshore Australia as a result of an agreement it reached with BP to purchase the oil major's stake in oil-producing fields that are a part of a project run by Australia...

After securing $50 billion in investment in just two years, the government of Odisha attracts foreign direct investment from the UAE

The Government of Odisha in India is attracting Foreign Direct Investment (FDI) in industries like metals and metal downstream, chemicals and petrochemicals, textiles and apparel, including technical textiles, food processing, seafood processing, ESDM, logistics, and clean energy on the back of t...

UAE Accelerates Efforts to Reach 5 Million Bpd Production Capacity

Along with its goals of being self-sufficient in gas and becoming the pre-eminent oil storage and supply centre in the Middle East, the UAE's top priority is to increase crude oil output to at least 5 million barrels per day (BPD) as soon as practicable. In this backdrop, Abu Dhabi National O...

European scientists suggest a limitation in use of BPA, a hormone disruptor present in plastics and food

The proposed restriction is "a headstone for BPA in Europe," says Laura Vandenberg, an endocrinologist at the University of Massachusetts, Amherst, who deems it "a significant thing." Environmental and public health activists applaud the idea, which will be open for public com...

Will Crypto stay in Pakistan

Highlights:

• The State Bank of Pakistan (SBP) wants to ban all cryptocurrency transactions in Pakistan

Pakistan government is determined to ban cryptocurrency, and have sent a document to Sindh High Court, stating cryptocurrencies to be are ille...

Europe’s Limits for BPA

For decades, scientists have known the harmful effects of bisphenol A or BPA on human health. BPA is used in products such as food storage containers. The science on the chemical is causing European regulators to propose stronger limits.

The European Food Safety Authority (EFSA) has ann...

OMCs plan to set up EV charging stations at petrol pumps

Indian Oil and BPCL, Oil marketing companies are planning to set-up e-vehicle charging infrastructure at existing fuel pumps. Both the companies are betting on electric vehicles, which is now a major section of the automobile sector in the country.

Highlights

Healthcare BPO Market was Valued at US$ 223.59 Bn in 2020 Owing to Rapid

Absolute Markets Insights (AMI) reports a robust forecast for the healthcare BPO market during the 2021-2029 period. In its newly released report, AMI anticipates the market will grow at 9.3% over the forecast period owing to increasing investments by healthcare organizations towards adoption of ...

INDIAN TRAVELLERS PROHIBITED FROM CARRYING COW DUNG CAKES IN LUGGAGE BY US CUSTOMS

Highlights

• The USCBP in a press release said that cow dung cakes from India are prohibited in the US

• The USCBP considers coaching cakes to be potential carriers of the highly contagious Foot and Mouth Disease that affects hoofed animals

An Indian travel...

ASHOK LEYLAND STARTS DELIVERING BULLETPROOF VEHICLES TO INDIAN AIR FORCE

HIGHLIGHTS

• Lockheed Martin and Ashok Leyland have developed LBPV and delivered the first lot to Indian Air Force.
• The LBPV can tackle a vast range of off road terrain.
• The new vehicle can protect occupants from ballistic attacks and blasts....

US BORDER AGENTS ARREST TWO YEMENIS ON A TERROR WATCHLIST AS THEY CROSSED MEXICO BORDER ILLEGALLY

Highlights

• In a press release, CBP said the men, arrested in the month of January and March near a port of entry in California, were on a US government watchlist for terrorism suspects and a no-fly list

• The CBP further said one of the men, ageing 33, was taken in...

US CUSTOMS AND BORDER PROTECTION REOPENS FOR PUBLIC COMMENTS

Highlights

• CBP is likely to only conduct pilot programs to collect biometrics at exit, at a limited number of air and sea ports under the existing regulations

• According to the CBP, it has employed strong technical security safeguards and has limited the amount of...

LIGHTSOURCE BP ACQUIRED 1.06 GW SOLAR ENERGY PORTFOLIO OF RIC ENERGY IN SPAIN

Highlights:

• The company ‘Lightsource bp’ has acquired the 1.06-gigawatt solar project portfolio from the RIC Energy in Spain
• Lightsource bp and RIC Energy will be working together for developing the 14 solar energy sites across Spain
...

Covid-19 Update: Global Business Document Work Process Management (BPO) Market is Expected to Grow at a CAGR of 14.2% Over the Forecast Period, Owing to the Growing Demand for Optimizing Document Management amongst Businesses, Coupled with the Digitization of Documents in Industries, says Absolute Markets Insights

Document management forms a prominent aspect of business operations. Efficient handling of documents is essential to ensure smooth functioning of businesses. The digitization efforts across industries is leading to the growth of online document management systems that have remote collaboration ca...

US TO BLOCK PALM OIL IMPORTS FROM MALAYSIAN COMPANY FGV

Highlights

• FGV, based out of Malaysia is one of the largest crude palm oil producers in the world and has been facing allegations from rights groups over labour and human rights abuses since very long period of time

• This ban was the result of a year-long investig...

UNITED KINGDOM: PORT OWNER AND OPERATOR ADOPTS DRONE TECHNOLOGY FOR ASSET MANAGEMENT

Highlights:

• A port owner and operator in United Kingdom has successfully adopted drone technology into its asset management policies and practices
• PwC’s specialist team of drone digital transformation have been utilised for adoption of drone technology in the as...

DELHI: 2 PEOPLE ARRESTED FOR SEXUALLY ASSAULTING A 14-YEAR-OLD COVID POSITIVE GIRL AT COVID CENTRE

Highlights

• The girl was assaulted and filmed in the washroom of the COVID care centre said the police

• The police said both the accused have been arrested and sent to the judicial custody

• This COVID care centre is operated by the Indo-Tibetan Bord...

HERE IS HOW FACEBOOK HELPED RELIANCE TO REMOVE THE TAG OF OIL CONGLOMERATE

Highlights

• Facebook invested $5.7 billion in Reliance Jio Platforms Ltd. for the stake of 9.9 % 

• Following Facebook, total 12 companies decided to invest millions in Jio Platforms and helped Reliance Industries Limited become net-debt free

• R...

Jio-bp: UK OIL GROUP BP PAYS $1 BILLION TO RELIANCE FOR A PETROL STATION VENTURE

According to the recent reports, BP has paid a whopping sum of $1 billion to Reliance Industries to set up a joint network of thousands of petrol pumps across the country of India in order to capitalize the country’s positively dynamic energy demand. 
According to the statement ...

SAFE-HAVEN YEN CHANGED AS THE EQUITIES STEADY

Highlights:

• USD/JPY pair traded at 109.74 which accounts for a slump by 0.03% from the previous trading.
• USD/CNY pair has surged by 0.1% and settled at 6.9855.
• GBP/USD pair has also experienced a change and settled at 1.3046.