GS Group is starting to invest heavily in future growth businesses ranging from solar power, nuclear power and electric vehicles (EVs) to biotechnology, according to industry officials, Monday. The move comes as GS Group Chairman Huh Tae-soo has been pushing to invest in new businesses with partners for future growth. GS Group is promoting more than 15 new businesses in diverse fields such as hydrogen and biofuel, plastic recycling, EV charging, battery recycling, small module reactors (SMR) and ammonia development and distribution.
No matter what path is taken to a low carbon future, natural gas is critical to a successful journey, and Canada’s gas sector is ready to drive the bus. [Gas in Transition, Volume 2, Issue 5]
Suriname’s state-owned oil company, Staatsolie, Wednesday announced it has signed a production sharing contract with a subsidiary of the US-based Chevron Corporation for exploring and producing oil at a shallow-water block.
The agreement i