Category Archives: Oil and gas Industry

ThrowbackThursday - jsb market research

IFRIC: Cryptos are Intangible Assets, SmartStream Technologies Adopts AI & ML Tech and more news

The last week observed a few ups and downs in diverse global industries. JSB Market Research’s new ThrowbackThursday series is a new weekly update for its readers. Now, get a closer view of the market every week! 

NEXT Biometrics Receives $100,000 order for fingerprint sensors

NEXT Biometrics has got the order worth  $100,000 for its fingerprint sensors. Fingerprint sensor will be fused into a biometric smart card reader. NEXT expects to dispatch the order by late 2019 or next year. NEXT is the growing company in the biometrics market.

FinTech company, Neon, to expand its mobile banking 

Zurich based FinTech company, Neon, has raised $5 million to broaden its mobile banking solutions. Several ventures in the market have started increasing their investments in Neon.

IFRIC : Cryptocurrencies are “Intangible Assets”

IFRIC recent announcement disclosed that cryptocurrencies such as bitcoins are neither cash nor equity instruments, they are intangible assets. This claim will hamper the market of the countries which follow the IFRS standards. The decision will entitle regulatory authorities to establish a legally sound structure for taxing cryptocurrency businesses and legitimizing them. 

Rehabilitation of Nigerian oil refineries by 2020 

Largest oil and gas producer of Africa, Nigeria is set to rehabilitate its four oil refineries by 2020 to sustain its oil refining capacity. The gesture will push the oil industry in Africa.

SmartStream technologies implements AI and machine learning Tech

SmartStream Technologies is set to implement Artificial Intelligence algorithms that will benefit business users to lessen their time to manage data and to be less dependent on the operation team. The new launched  SmartStream Air is globally accessible and can produce accurate results.

– Written by Supriya Khedekar

Business Writer

jsbThrowback Thusrday

Finance industries face most Cyber trouble, California powers FCV with 40 new hydrogen fuel stations and more news

The last week observed a few ups and downs in diverse global industries. JSB Market Research’s new ThrowbackThursday series a new weekly update for its readers. Now, get a closer view of the market every week! 

Subsea 7 gives a push to its new oil and gas projects 

Subsea 7 plans to continue its Engineering Conversion Program. The company invests in skilled engineers for building new careers in subsea oil and gas industry. The new project installation engineers will be given the responsibility for the delivery and execution of its upcoming ventures. 

California powers FCV with 40 new hydrogen fuel stations

Forty new Hydrogen Fuelling stations in California encourage fuel cell viability with its active presence. Fuel Cell Vehicles owners driving from San Diego to Lake Tahoe now will not lose out of hydrogen fuel as the new stations get them covered. It has encouraged other regions in the states to push forward hydrogen fuel stations sooner than later. 

Finance industries face most Cyber trouble 

Recent cybersecurity research reports found that there’s more threat of cybersecurity in the financial industries. For finance institutes, brokerage firms and other banking organizations, SQL injection attacks, Ransomware, and cross-site scripting are said to be the highest expected threats. 

US Trade War to affect medical device technologies market 

The medical devices market feels the heat on an international level due to the US trade war with China. Though the latest innovations in the technologies of medical devices such as 3D biopsies, improved CMR surgical has big promises, the trade war hampers its global growth. 

Saudi Arabia emerges as the largest outbound travel market

As per the recent Saudi Arabia outbound travel and tourism report, the residents of Saudi Arabia are the biggest spenders when it comes to traveling abroad. For Saudis, UAE, Bahrain, and Jordan are the top destinations for traveling. 

  – Written by Gauri Ludbe 

Business Writer

Autonomous Vehicles Explore Off roads, India tops global port projects & more news

The last week observed a few ups and downs in diverse global industries. JSB Market Research’s new ThrowbackThursday series a new weekly update for its readers. Now, get a closer view of the market every week! 

Global Semi Fully Autonomous Vehicle Market

The potentiality of semi and fully autonomous cars are being tested around the world. With this, the demand for autonomous vehicles has encouraged market development and growth. 

The last week explore the future of autonomous vehicles on to farms, construction sites, and mines. 

2018 Global Cream cheese Industry

As food industry experiments with various local and international cuisines, it boosts the demand for the cream cheese industry. The cheese process industry is taking a global shape as new international ventures join the global market. 

Global Port Construction Projects

India tops with global port construction projects. The present port construction projects valued at $39.4 Billion, countries like India, Iran, US are becoming some of the major contributors of the global port construction market

Global FPSO Industry

More than 60 planned and announced FPSOs are expected to start operations globally by 2025. It will be interesting to see how the FPSO industry will take shape shortly. 

Global Jet Fuel Oil Market

Recent research and developments are likely to explore the projects of carbon-negative jet fuel oil. This will bring about a new turn in the already growing global jet fuel oil industry.

  – Written by Gauri Ludbe 

Business Writer