Sunday, September 1, 2024

DOE is Landlord to the World’s Fastest Computer

The recently launched IBM-built Summit supercomputer was announced as No. 1 at ISC High Performance in Frankfurt, Germany. And the DOE has it. The U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL) is the official home to what has recently been designated the fastest supercomputer in the world. The designation recognizes the IBM-built system as the science community’s most powerful

Canadian Shutdown Wipes Out Half of OPEC’s Production Boost

A Syncrude transformer failure takes 360 MBOPD offline On Friday OPEC secured an agreement to add production back onto the market in order to avoid a possible oil shortage due to declining production in Venezuela and Iran. A disruption in Canada, however, has now singlehandedly wiped out half of OPEC’s added output, at least in the short term. Syncrude’s oil

More North Sea Gas: Shell Returns to Overlooked Fram Field with New Plan

Downsized development will use tieback Shell’s recent $556 million sale of North Sea properties has not diminished the company’s interest in the basin, as Shell has approved its second North Sea project this year. The Fram field is getting a second chance at life, after Shell abandoned the play as uneconomic in 2013. First appraised in 2009, Shell planned to

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