Indian Oil Corporation

LanzaTech Announces First Quarter 2024 Financial Results and Reiterates Full Year 2024 Outlook

Retrieved on: 
Donnerstag, Mai 9, 2024

CHICAGO, May 09, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (Nasdaq: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable raw materials, today reported its financial and operating results for the first quarter 2024 and reiterated its previously issued financial outlook for full year 2024.

Key Points: 
  • Cost of revenues in the first quarter of 2024 totaled $6.8 million, driving gross profit of $3.5 million, up 87% year-over-year.
  • Net loss totaled $(25.5) million for the first quarter of 2024, compared to a net loss of $(63.3) million in the prior year period.
  • The Company continues to expect its financial performance to be significantly back-end weighted to the second half of 2024.
  • LanzaTech will host a conference call today, May 9, 2024, at 8:30 A.M. EDT to review the Company's financial results, discuss recent events and conduct a question-and-answer session.

Qlik Sets the Pace for Real-World AI Business Transformations Across Industries

Retrieved on: 
Dienstag, April 16, 2024

PHILADELPHIA, April 16, 2024 (GLOBE NEWSWIRE) -- Qlik®, a global leader in data integration, analytics, and artificial intelligence (AI), has enabled the integration of AI across industries, driving substantial business outcomes. In its latest effort to make AI more approachable for enterprises at all stages of technological adoption, Qlik announces the AI Accelerator. This service is designed as an initial foray for companies looking to explore the possibilities AI can offer, acting as an entry point into the broader landscape of AI-driven analytics.

Key Points: 
  • Empowering Businesses to Embark on AI with Ease, Qlik also Introduces a Rapid-Deployment AI Accelerator
    PHILADELPHIA, April 16, 2024 (GLOBE NEWSWIRE) -- Qlik® , a global leader in data integration, analytics, and artificial intelligence (AI), has enabled the integration of AI across industries, driving substantial business outcomes.
  • In its latest effort to make AI more approachable for enterprises at all stages of technological adoption, Qlik announces the AI Accelerator.
  • The impact of Qlik's AI solutions demonstrates the practical benefits and strategic value of deploying AI on top of solid data foundations.
  • Digital Marketing: RevLocal improved customer retention by 7% through predictive analysis using Qlik AutoML, highlighting the direct correlation between AI application and business growth.

India Biofuels Market Size to Surpass US$ 10.31 Billion by 2030 | Exhibiting a CAGR of 22% Says CoherentMI

Retrieved on: 
Dienstag, Februar 20, 2024

First generation technology is expected to dominate the biofuels market in India, as it is well-established and has a larger production capacity.

Key Points: 
  • First generation technology is expected to dominate the biofuels market in India, as it is well-established and has a larger production capacity.
  • These initiatives make the biofuels market in India more attractive for both domestic and international investors, creating a favorable market opportunity.
  • In conclusion, the India Biofuels Market offers significant opportunities for growth due to the increasing demand for renewable energy sources and government initiatives and policies.
  • The key players in the market are well-positioned to capitalize on these opportunities and contribute to the development of the biofuels market in India.

India Biofuels Market Size to Surpass US$ 10.31 Billion by 2030 | Exhibiting a CAGR of 22% Says CoherentMI

Retrieved on: 
Dienstag, Februar 20, 2024

First generation technology is expected to dominate the biofuels market in India, as it is well-established and has a larger production capacity.

Key Points: 
  • First generation technology is expected to dominate the biofuels market in India, as it is well-established and has a larger production capacity.
  • These initiatives make the biofuels market in India more attractive for both domestic and international investors, creating a favorable market opportunity.
  • In conclusion, the India Biofuels Market offers significant opportunities for growth due to the increasing demand for renewable energy sources and government initiatives and policies.
  • The key players in the market are well-positioned to capitalize on these opportunities and contribute to the development of the biofuels market in India.

Indian Oil Corporation completes second round of investment in Phinergy, bringing its holding in the company to 17%

Retrieved on: 
Mittwoch, Februar 14, 2024

TEL AVIV, Israel, Feb. 14, 2024 /PRNewswire/ -- Phinergy (TASE: PNRG) - which develops metal-air technology that produces electricity by combining oxygen from the air with metals - is delighted to announce that multinational energy giant, Indian Oil Corporation, has completed its second round of investment in the company in the amount of $12.5 million. This brings Indian Oil's holding in Phinergy to 17%, purchased in two installments for a total of $25 million, based on an average company value of $146 million.

Key Points: 
  • This brings Indian Oil's holding in Phinergy to 17%, purchased in two installments for a total of $25 million, based on an average company value of $146 million.
  • Over the years, Phinergy has established strategic activity in the Indian subcontinent, comprising a comprehensive energy ecosystem and applications in the world of telecom backup power.
  • David Mayer, CEO of Phinergy, says: "Phinergy is consistently moving towards its business goals, while increasing its presence in Israel, Europe and India.
  • We are proud that our partner in India - Indian Oil Corporation - has decided to increase its holding, after years of fruitful cooperation in building a comprehensive ecosystem in the Indian subcontinent.

Indian Oil Corporation completes second round of investment in Phinergy, bringing its holding in the company to 17%

Retrieved on: 
Mittwoch, Februar 14, 2024

TEL AVIV, Israel, Feb. 14, 2024 /PRNewswire/ -- Phinergy (TASE: PNRG) - which develops metal-air technology that produces electricity by combining oxygen from the air with metals - is delighted to announce that multinational energy giant, Indian Oil Corporation, has completed its second round of investment in the company in the amount of $12.5 million. This brings Indian Oil's holding in Phinergy to 17%, purchased in two installments for a total of $25 million, based on an average company value of $146 million.

Key Points: 
  • This brings Indian Oil's holding in Phinergy to 17%, purchased in two installments for a total of $25 million, based on an average company value of $146 million.
  • Over the years, Phinergy has established strategic activity in the Indian subcontinent, comprising a comprehensive energy ecosystem and applications in the world of telecom backup power.
  • David Mayer, CEO of Phinergy, says: "Phinergy is consistently moving towards its business goals, while increasing its presence in Israel, Europe and India.
  • We are proud that our partner in India - Indian Oil Corporation - has decided to increase its holding, after years of fruitful cooperation in building a comprehensive ecosystem in the Indian subcontinent.

India Compressed Bio Gas (CBG) Market Evaluation 2023-2030 - ResearchAndMarkets.com

Retrieved on: 
Mittwoch, Dezember 13, 2023

The "Evaluating Compressed Bio Gas (CBG) Market in India by 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Evaluating Compressed Bio Gas (CBG) Market in India by 2030" report has been added to ResearchAndMarkets.com's offering.
  • CBG is also referred to as bio-CNG and could be directly used in vehicles that usually use CNG or compressed natural gas which is a fossil fuel.
  • CBG is also used as an alternative to natural gas for cooking and in other industries like cement and steel.
  • JBM Group, Adani Gas, Torrent Gas and Petronet LNG for setting up of Compressed Bio-Gas (CBG) plants, and with technology providers in CBG sectors IndianOil, Praj Industries, CEID Consultants & Bharat Biogas Energy for facilitating availability of technology for the projects.

HDFC Bank, Himalaya, and IndianOil are among the Winners of the 2023 - 2024 World Branding Awards

Retrieved on: 
Freitag, Dezember 8, 2023

The 17th edition of the World Branding Awards honoured the success and achievements of some of the World’s Best Brands as National, Regional, and Global Winners.

Key Points: 
  • The 17th edition of the World Branding Awards honoured the success and achievements of some of the World’s Best Brands as National, Regional, and Global Winners.
  • The 2023 - 2024 World Branding Awards saw over 1,500 brands from more than 40 countries nominated as “Brand of the Year”.
  • The prestigious Award Ceremony was held at the home of the awards, Kensington Palace, United Kingdom.
  • The World Branding Awards is the premier awards of the World Branding Forum, a registered non-profit organisation.

India Compressed Bio Gas (CBG) Market Report 2023-2030: Fuel of Future for Enabling Tryst of India for Energy Transition & Security

Retrieved on: 
Dienstag, Dezember 12, 2023

DUBLIN, Dec. 12, 2023 /PRNewswire/ -- The "Evaluating Compressed Bio Gas (CBG) Market in India by 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 12, 2023 /PRNewswire/ -- The "Evaluating Compressed Bio Gas (CBG) Market in India by 2030" report has been added to ResearchAndMarkets.com's offering.
  • This report enables companies both on the demand and supply side of market to take informed decision when it comes to making investment & also choosing CBG as they undergo their energy transition journey.
  • Biogas is fuel produced by the anaerobic decomposition of organic waste such as agricultural waste, plant waste and organic municipal waste.
  • CBG is also referred to as bio-CNG and could be directly used in vehicles that usually use CNG or compressed natural gas which is a fossil fuel.

LanzaTech Global, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Donnerstag, November 9, 2023

CHICAGO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (Nasdaq: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable raw materials, today reported its financial and operating results for the third quarter of 2023.

Key Points: 
  • Operating revenues of $19.6 million for third quarter 2023, an increase of 143% over third quarter 2022
    CHICAGO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (Nasdaq: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable raw materials, today reported its financial and operating results for the third quarter of 2023.
  • Gross margins improved by 10.5 percentage points to 27% during the third quarter of 2023 from the second quarter 2023, driven by beneficial shift in revenue mix.
  • As of September 30, 2023, LanzaTech had $136.9 million in total cash, restricted cash, and investments compared to $161.1 million at the end of second quarter 2023.
  • LanzaTech will host a conference call today, November 9, 2023, at 8:30 A.M. EST to review the Company's financial results, discuss recent events and conduct a question-and-answer session.