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Cellulosic biogasoline company Cool Planet completes second close of D Round, raises another $19.4M; $60M total

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Cool Planet will use a portion of the equity raise to finalize engineering design for the company’s first commercial facility. This work will be supported by leading international engineering firm, URS Corporation, as the company recently announced.

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BP takes delivery of 6 new LNG tankers

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The vessels will help service a 20-year liquefaction contract with the Freeport LNG facility in Texas, as well as other international LNG projects in BP’s global portfolio. Equipped with next-generation engine technology, the new ships are designed to be about 25% more fuel efficient than their predecessors.

Trinidad 150
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Borgward expanding to the Middle East; westwards from China

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Borgward will systematically continue to globalize its activities by entering the markets of Middle Eastern countries such as Bahrain, Kuwait, Qatar, the United Arab Emirates (UAE), and Iran. In accordance with this roadmap, the company will expand westwards from China before entering the European market.

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India’s automotive aftermarket is likely to grow to USD 14 billion by 2028: ACMA-E&Y study  | Autocar Professional

Baua Electric

The study focuses on seven product categories namely engine parts, suspension and braking parts, transmission parts, braking parts, rubber components, cooling systems, and filters, while tires and consumables such as batteries, coolants, and lubricants were not covered.

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Indian automotive aftermarket expected to reach USD 14 billion by 2028: E&Y report – ET Auto

Baua Electric

The report that focuses on seven product categories, engine parts, suspension & braking parts, transmission parts, braking parts, rubber components, cooling systems and filters, does not cover tyres and consumables such as batteries, coolants, and lubricants.

Auto 52
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Video Friday: Ameca Humanoid

Cars That Think

Engineered Arts ] Looks like Flexiv had a tasty and exceptionally safe Thanksgiving! The Faculty of Electrical Engineering of the CTU in Prague wishes you a Merry Christmas and much success, health and energy in 2022! [ Apparently, the eventual plan is to get Ameca to walk. But also kind of lonely :( [ Flexiv ] Thanks, Yunfan!

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Opinion: How Much Longer Can OPEC Hold Out?

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OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. As per its state run oil company PDVSA, the country loses about $700 million a year with every $1 drop in the international oil price.