Online Assessment Tool Highlighted at GeoConvention 2021

Following several major incidents, the energy industry is keen to use only those operations practitioners who, when responsible for delivering work used in safety-critical aspects of planning and executing wells, can demonstrate their competency. The legal – and environmental – consequences of failing to prove this are serious; yet demonstrating competency can be challenging for these practitioners.
S.Korean antitrust agency fines Google $177 mln for abusing market dominance

SEOUL, Sept 14 (Reuters) – South Korea’s antitrust regulator on Tuesday fined Alphabet Inc’s (GOOGL.O) Google 207 billion won ($176.64 million), saying the U.S. technology giant abused its dominant market position to restrict competition in the mobile operating system (OS) market. The Korea Fair Trade Commission (KFTC) investigated Google for allegedly preventing local smartphone makers […]
Due to the country’s resource boom, Indonesia’s exports and imports are expected to remain strong in August!

The world was put on hold for a long time as a result of the pandemic. All of those works are now being resumed one at a time around the world. According to a Reuters poll released on Tuesday, Indonesia’s exports and imports increased in August, fueled by high prices for the country’s main commodities […]
Calix, an Australian firm, has received funding for its carbon capture technology!

Calix Ltd, based in Australia, announced on Wednesday that it has found a buyer for a stake in its carbon capture technology unit, valuing the company at A$350 million ($256 million). Calix’s stock rose 20% to a historic high only after the company announced that Carbon Direct, a New York-based investor, had invested 15 million […]
Investor group sets tough climate blueprint for Big Oil

Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production.
Factbox: How Macau is revising its multi-billion dollar gaming industry

Macau’s government begins a 45-day public consultation on Wednesday to gauge public opinion on changes to its gaming law ahead of the rebidding process of its multi-billion dollar casinos next year.
Federer-backed shoemaker ON prices IPO above range, valued at over $6 bln

On Holding AG (ONON.N), a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.
Mexico may consider southern states for semiconductor production

As Mexico aims to boost its manufacturing of semiconductors, it may build production facilities in its southern states, where much-needed water is available, according to Economy Minister Tatiana Clouthier.
Analysis: China’s house of cards: Evergrande threatens wider real estate market

China Evergrande is teetering between a messy meltdown with far-reaching impacts, a managed collapse or the less likely prospect of a bailout by Beijing for what was once the country’s top-selling property developer.
Marketmind: Pandeconomics part 2

Slowly but surely, global policymakers are entering a new phase of their economic response to the pandemic.