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Global Scans · Proximity Tech · Weekly Summary


  • Viking CCS will reuse existing pipelines and utilise decommissioned gas fields in the Southern North Sea to provide UK industries with a competitive option for the transport and storage of their CO2 emissions. Splash247
  • The underlying factors that would support an increase in prices for construction sand and gravel are expected to be present in 2024, especially in and near metropolitan areas. Rock Products Magazine
  • Regarding the Oil & Gas Decarbonization Charter, TotalEnergies fully supports the OGDC signed by over 50 Oil & Gas compagnies in favour of net zero operations by 2050, the elimination of routine flaring by 2030 and near-zero methane emissions. Global Witness
  • Both the US and Chinese governments do seem eager to prevent any further escalation of trade hostilities, particularly since rhetoric against China is going to get more heated in the US as the election season draws near. CNN
  • The strong performance of the US economy and falling growth in China together make it less obvious that China's economy will someday overtake that of the US in terms of annual GDP, a proposition that was once considered a near certainty. CNN
  • To resist additional Russian offensives in the near future, and protect troops from Moscow's intense artillery and bombing, Ukraine will need to strengthen its defences and fortifications. Yahoo News
  • At the current rate, the United States may well face a set of choices, both of which can be unacceptable: taking unknown or unquantified risks on fielding AI-enabled systems, or entering a conflict with mostly traditional military systems while adversaries move forward with the first choice. War on the Rocks
  • The US economy is in danger of overheating and inflation is up once more, so the Fed has a more difficult task on its hands, Field adds. Morningstar UK
  • The near-term impact of AI on the cyber threat report outlines further ways in which AI will impact the effectiveness of cyber operations and the cyber threat over the next two years - including social engineering and malware. FinExtra
  • Oil prices are expected to stay elevated in the near term, but evolving strategies in the US shale sector mean output is not growing as quickly as in previous years. World Pipelines
  • The positive macro signaling also applied to proprietary modeling that cautiously looks into the near future - 2-3 months, which is about as far as it goes for high-confidence forecasting of US business cycle risk. investing.com
  • Oil prices are expected to stay elevated in the near term, but evolving strategies in the U.S. shale sector mean output is not growing as quickly as in previous years. rigzone.com
  • Upside risks to inflation include the heightened geopolitical tensions especially in the Middle East which could push energy prices and freight costs higher in the near term and hamper global trade. The Telegraph
  • While South Africa and Nigeria may not witness a rapid surge in the near term, ongoing reforms in both nations are expected to yield positive outcomes over time. Investors King
  • Rio Tinto plc will drive development of Australia's largest solar power project near Gladstone, after agreeing to buy all electricity from the 1.1 GW Upper Calliope Solar Farm to provide renewable power to Rio Tinto's Gladstone operations. DirectorsTalk Interviews
  • OpenAI's abandonment of the long-standing transparency pledge obscures information that could shed light on the recent near-implosion of a company with crucial influence over the future of AI and could help outsiders understand its vulnerabilities. Wired
  • More than four dozen major oil and gas producing firms, including some nationally held entities, embraced an Oil and Gas Decarbonization Charter at COP 28, aiming to end routine flaring and achieve near-zero emissions by 2030, moving toward net-zero emissions by 2050. Brookings
  • Mounting pressures to cut costs and rebuild revenue via digital transformation will propel more U.S. businesses to closely consider the GCC option in the near future. JD Supra
  • The Dickson Lake Lithium Project covers 464 single-cell mining claims and approximately 9,780 hectares and is near a Brunswick Exploration Lithium Project, Imagine Lithium's Jackpot Deposit and Rock Tech's Georgia Lake Deposit. Vital Battery Metals Inc
  • In the near future, it is planned to create an Uzbek-Chinese agro-industrial park, an agro-innovation park, and an Uzbek-Chinese biotechnological cluster, which will also contribute to the deepening of bilateral cooperation in the production of high-tech products and the creation of new jobs. The Gulf Observer
  • We expect the yuan to remain under pressure in the near term given the bearish expectations for China growth in 2024. BusinessMirror

Last updated: 05 February 2024



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