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National Grid opens consultation on North Humber to High Marnham power line

National Grid has launched a public consultation on its latest proposals for the planned North Humber to High Marnham overhead electricity transmission line The link would run for approximately 90km between two new substations at Birkhill Wood and High Marnham. National Grid said that the North Humber to High Marnham line will reinforce the electricity transmission network and help provide much-needed additional capacity between the North of England and the Midlands. Project director for North Humber to High Marnham Monica Corso Griffiths commented: “As demand for electricity is set to double, we need to increase the capacity of the network between the North of England and the Midlands. This will support the government’s decarbonisation targets, so that people living and working in these areas and beyond can benefit from the new renewable sources of energy planned to connect. “We’re looking forward to sharing our detailed plans for North Humber to High Marnham with communities over the next eight weeks. We encourage anyone interested to take part in our consultation and share their views on the plans.” National Grid previously consulted communities on its early proposals for the project at two non-statutory consultations in 2023 and 2024. Since then, it has carefully reviewed the feedback received alongside the outcome of technical and environmental studies. This work has fed into the development of detailed plans, including a preferred route alignment. National Grid is now seeking feedback on these detailed plans ahead of submitting an application for development consent to the Planning Inspectorate next year. The eight-week consultation begins 18 February and runs until 15 April 2025. The Humber is a growing hub of the UK’s green energy transition, with several industries, including carbon capture and storage and hydrogen, taking advantage of its industrial legacy to access infrastructure and skills. The region is

Read More »

What is the North Sea Transition Taskforce?

“There’s a lot at stake for the government,” said the head of the North Sea Transition Taskforce as he reflected on energy policy. The taskforce was set up by the British Chambers of Commerce (BCC) to be a Bank of England style body for energy policy, following a recommendation from Aberdeen and Grampian Chamber of Commerce (AGCC). The idea behind the initiative was to inform government policy to support domestic energy firms while the UK moves towards net zero targets. North Sea Transition Taskforce chairman, Philip Rycroft, told Energy Voice: “The fact there is a taskforce demonstrates that there was a deep dissatisfaction in the industry about current state of play, a frustration about where government policy was going, and this is an opportunity for government to hear through a task force that has emerged from the industry and with other interests on it as well about what a good transition looks like.” He added that it is “in the government’s interest” to listen to the outcomes from the taskforce, which is set to produce its inaugural report next month. This comes following the second meeting of the North Sea Transition Taskforce which took place in Aberdeen city centre before its members were taken on a tour of various businesses and energy hubs across the city, including Aberdeen Harbour. © Supplied by Kenny Elrick/DCTMNorth Sea Transition Taskforce chairman, Philip Rycroft. On why the government should take onboard what the taskforce has to say, Rycroft added that the work being done by the “covers all of their agendas”. “It’s about growth. It’s about the optimal pathway in net zero. It’s about receipts for the public purse. It’s about good jobs. It’s about the business infrastructure that supports productivity growth, all the things that government is looking for,” he listed. He suggested

Read More »

Galp Sees 75 Percent Drop in Quarterly Profit

Lisbon-based Galp Energia SGPS S.A. has reported a replacement cost-adjusted (RCA) net income of EUR 71 million ($74.1 million) for the fourth quarter of 2024, 75 percent below the fourth quarter of 2023. Full-year RCA net profit was EUR 961 million ($1 billion), 4 percent below the corresponding 2023 figure. However, the company’s co-CEOs Maria João Carioca and João Diogo Marques da Silva said it was a strong quarter “in a year of consistent delivery, at or above headline guidance across all business units”. Galp posted RCA earnings before interest, taxes, depreciation, and amortization (EBITDA) of EUR 3.3 billion ($3.4 billion) for 2024. It ended the year with EUR 1.2 billion ($1.26 billion) in net debt, down compared to year-end 2023. “These results not only depict 2024 as a year of strong execution for Galp but also lay the foundations for future growth and value creation. In 2025 and 2026 we will continue to execute our key growth projects, the hallmark of Galp’s portfolio, combining a disciplined approach towards a low capital intensity plan”, the co-CEOs said. Galp said that its investments during the fourth quarter reached EUR 500 million ($522.3 million), mainly channeled toward the execution of upstream projects, such as the Namibia appraisal campaign and Bacalhau. The company also said it continued pursuing industrial low-carbon projects. During the quarter under review, Galp reported a year-on-year drop in production of 110,000 barrels of oil equivalent per day (boepd). The drop reflected the disposal of the 10 percent stake in Area 4 in Mozambique. However, Galp said its Industrial and Midstream sectors performed better in the fourth quarter, with raw materials processed at the Sines refinery reaching 22 million boe, substantially higher year-on-year. Supply and trading volumes of natural gas and liquefied natural gas (LNG) reached 11.8 terawatt hours (TWh), higher

Read More »

EPointZero, Masdar, TotalEnergies Partner on Sustainable Energy Solutions

Abu Dhabi Future Energy Company PJSC-Masdar, TotalEnergies SE and EPointZero have signed a new agreement to improve clean energy access in developing economies across Africa and Asia.  The three companies said in a joint media release that under the Framework for Action agreement, Masdar and TotalEnergies will strengthen their cooperation to provide reliable and sustainable electricity to local communities in Africa and support its long-term energy systems transformation, and jointly develop new clean energy opportunities in Southeast Asia. Additionally, TotalEnergies and EPointZero will explore partnership opportunities to support India’s clean energy ambitions, including through solar, wind, and energy storage, the companies said. The agreement was signed at the third plenary meeting of the UAE-France High-Level Business Council in Paris by Masdar Chief Executive Officer Mohamed Jameel Al Ramahi, TotalEnergies President for Gas Renewable and Power Stéphane Michel, and IHC Chief Strategy and Growth Officer Peter Abraam, the media release said. “Enabled by the strength of the UAE-France bilateral relationship, Masdar is proud to be working with TotalEnergies to help deliver clean energy access across Southeast Asia and Africa. This agreement reflects our shared commitment to empowering local communities, driving socio-economic growth and sustainable progress, and advancing the global energy transformation. It is heartening to see the UAE-France Framework for Cooperation in Artificial Intelligence signed last week, and we look forward to continuing to utilize cutting-edge clean energy technologies to drive access and sustainable growth”, Mohamed Jameel Al Ramahi, CEO of Masdar, said. “By supporting the development of the country’s Oil and Gas reserves, TotalEnergies has been a key partner of Abu Dhabi for more than 80 Years. We are now delighted to extend our partnership with Abu Dhabi to the development of renewable energies in emerging markets in Asia and Africa”, Stéphane Michel, President for Gas Renewable and Power at

Read More »

Ex-OpenAI CTO Mira Murati unveils Thinking Machines: A startup focused on multimodality, human-AI collaboration

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Ever since Mira Murati departed OpenAI last fall, many have wondered about the former CTO’s next move. Well, now we know (or, at least have a rough idea).  Murati took to X today to announce her new venture Thinking Machines Lab, an AI research and product company with a goal to “advance AI by making it broadly useful and understandable through solid foundations, open science and practical applications.” Murati posted: “We’re building three things: Helping people adapt AI systems to work for their specific needs; Developing strong foundations to build more capable AI systems; Fostering a culture of open science that helps the whole field understand and improve these systems.” Thinking Machine’s team of roughly two dozen engineers and scientists is stacked with other OpenAI alums — including co-founder and deep reinforcement learning pioneer John Schulman and ChatGPT co-creator Barret Zoph — which could position the startup to make significant strides in AI research and development.  As of the posting of this article, the company’s newly-launched X account @thinkymachines had already amassed roughly 14,000 followers.  Model intelligence, multimodality, strong infrastructure  Thinking Machines — not to be mistaken with the now defunct supercomputer and AI firm of the 1980s — isn’t yet offering specific examples of intended projects, but suggests a broad focus on multimodal capabilities, human-AI collaboration (as opposed to purely agentic systems) and strong infrastructure. The goal is to build more “flexible, adaptable and personalized AI systems,” the company writes on its new website.  Multimodality is “critical” to the future of AI, Thinking Machines says, as it allows for more natural and efficient communication that captures intent and supports deeper integration. “Instead of focusing solely on making fully autonomous AI systems, we

Read More »

How to Fine-Tune DistilBERT for Emotion Classification

The customer support teams were drowning with the overwhelming volume of customer inquiries at every company I’ve worked at. Have you had similar experiences? What if I told you that you could use AI to automatically identify, categorize, and even resolve the most common issues? By fine-tuning a transformer model like BERT, you can build an automated system that tags tickets by issue type and routes them to the right team. In this tutorial, I’ll show you how to fine-tune a transformer model for emotion classification in five steps: By the end, you’ll have a fine-tuned model that classifies emotions from text inputs with high accuracy, and you’ll also learn how to interpret these predictions using SHAP. This same approach can be applied to real-world use cases beyond emotion classification, such as customer support automation, sentiment analysis, content moderation, and more. Let’s dive in! Choosing the Right Transformer Model When selecting a transformer model for Text Classification, here’s a quick breakdown of the most common models: For this tutorial, I chose to fine-tune DistilBERT because it offers the best balance between performance and efficiency. Step 1: Setup and Installing Dependencies Ensure you have the required libraries installed: Step 2: Load and Preprocess Data I used the Emotions dataset for NLP by Praveen Govi, available on Kaggle and licensed for commercial use. It contains text labeled with emotions. The data comes in three .txt files: train, validation, and test. Each line contains a sentence and its corresponding emotion label, separated by a semicolon: Parsing the Dataset into a Pandas DataFrame Let’s load the dataset: Understanding the Label Distribution This dataset contains 16k training examples and 2k examples for the validation and testing. Here’s the label distribution breakdown: The bar chart above shows that the dataset is imbalanced, with the majority of

Read More »

National Grid opens consultation on North Humber to High Marnham power line

National Grid has launched a public consultation on its latest proposals for the planned North Humber to High Marnham overhead electricity transmission line The link would run for approximately 90km between two new substations at Birkhill Wood and High Marnham. National Grid said that the North Humber to High Marnham line will reinforce the electricity transmission network and help provide much-needed additional capacity between the North of England and the Midlands. Project director for North Humber to High Marnham Monica Corso Griffiths commented: “As demand for electricity is set to double, we need to increase the capacity of the network between the North of England and the Midlands. This will support the government’s decarbonisation targets, so that people living and working in these areas and beyond can benefit from the new renewable sources of energy planned to connect. “We’re looking forward to sharing our detailed plans for North Humber to High Marnham with communities over the next eight weeks. We encourage anyone interested to take part in our consultation and share their views on the plans.” National Grid previously consulted communities on its early proposals for the project at two non-statutory consultations in 2023 and 2024. Since then, it has carefully reviewed the feedback received alongside the outcome of technical and environmental studies. This work has fed into the development of detailed plans, including a preferred route alignment. National Grid is now seeking feedback on these detailed plans ahead of submitting an application for development consent to the Planning Inspectorate next year. The eight-week consultation begins 18 February and runs until 15 April 2025. The Humber is a growing hub of the UK’s green energy transition, with several industries, including carbon capture and storage and hydrogen, taking advantage of its industrial legacy to access infrastructure and skills. The region is

Read More »

What is the North Sea Transition Taskforce?

“There’s a lot at stake for the government,” said the head of the North Sea Transition Taskforce as he reflected on energy policy. The taskforce was set up by the British Chambers of Commerce (BCC) to be a Bank of England style body for energy policy, following a recommendation from Aberdeen and Grampian Chamber of Commerce (AGCC). The idea behind the initiative was to inform government policy to support domestic energy firms while the UK moves towards net zero targets. North Sea Transition Taskforce chairman, Philip Rycroft, told Energy Voice: “The fact there is a taskforce demonstrates that there was a deep dissatisfaction in the industry about current state of play, a frustration about where government policy was going, and this is an opportunity for government to hear through a task force that has emerged from the industry and with other interests on it as well about what a good transition looks like.” He added that it is “in the government’s interest” to listen to the outcomes from the taskforce, which is set to produce its inaugural report next month. This comes following the second meeting of the North Sea Transition Taskforce which took place in Aberdeen city centre before its members were taken on a tour of various businesses and energy hubs across the city, including Aberdeen Harbour. © Supplied by Kenny Elrick/DCTMNorth Sea Transition Taskforce chairman, Philip Rycroft. On why the government should take onboard what the taskforce has to say, Rycroft added that the work being done by the “covers all of their agendas”. “It’s about growth. It’s about the optimal pathway in net zero. It’s about receipts for the public purse. It’s about good jobs. It’s about the business infrastructure that supports productivity growth, all the things that government is looking for,” he listed. He suggested

Read More »

Galp Sees 75 Percent Drop in Quarterly Profit

Lisbon-based Galp Energia SGPS S.A. has reported a replacement cost-adjusted (RCA) net income of EUR 71 million ($74.1 million) for the fourth quarter of 2024, 75 percent below the fourth quarter of 2023. Full-year RCA net profit was EUR 961 million ($1 billion), 4 percent below the corresponding 2023 figure. However, the company’s co-CEOs Maria João Carioca and João Diogo Marques da Silva said it was a strong quarter “in a year of consistent delivery, at or above headline guidance across all business units”. Galp posted RCA earnings before interest, taxes, depreciation, and amortization (EBITDA) of EUR 3.3 billion ($3.4 billion) for 2024. It ended the year with EUR 1.2 billion ($1.26 billion) in net debt, down compared to year-end 2023. “These results not only depict 2024 as a year of strong execution for Galp but also lay the foundations for future growth and value creation. In 2025 and 2026 we will continue to execute our key growth projects, the hallmark of Galp’s portfolio, combining a disciplined approach towards a low capital intensity plan”, the co-CEOs said. Galp said that its investments during the fourth quarter reached EUR 500 million ($522.3 million), mainly channeled toward the execution of upstream projects, such as the Namibia appraisal campaign and Bacalhau. The company also said it continued pursuing industrial low-carbon projects. During the quarter under review, Galp reported a year-on-year drop in production of 110,000 barrels of oil equivalent per day (boepd). The drop reflected the disposal of the 10 percent stake in Area 4 in Mozambique. However, Galp said its Industrial and Midstream sectors performed better in the fourth quarter, with raw materials processed at the Sines refinery reaching 22 million boe, substantially higher year-on-year. Supply and trading volumes of natural gas and liquefied natural gas (LNG) reached 11.8 terawatt hours (TWh), higher

Read More »

EPointZero, Masdar, TotalEnergies Partner on Sustainable Energy Solutions

Abu Dhabi Future Energy Company PJSC-Masdar, TotalEnergies SE and EPointZero have signed a new agreement to improve clean energy access in developing economies across Africa and Asia.  The three companies said in a joint media release that under the Framework for Action agreement, Masdar and TotalEnergies will strengthen their cooperation to provide reliable and sustainable electricity to local communities in Africa and support its long-term energy systems transformation, and jointly develop new clean energy opportunities in Southeast Asia. Additionally, TotalEnergies and EPointZero will explore partnership opportunities to support India’s clean energy ambitions, including through solar, wind, and energy storage, the companies said. The agreement was signed at the third plenary meeting of the UAE-France High-Level Business Council in Paris by Masdar Chief Executive Officer Mohamed Jameel Al Ramahi, TotalEnergies President for Gas Renewable and Power Stéphane Michel, and IHC Chief Strategy and Growth Officer Peter Abraam, the media release said. “Enabled by the strength of the UAE-France bilateral relationship, Masdar is proud to be working with TotalEnergies to help deliver clean energy access across Southeast Asia and Africa. This agreement reflects our shared commitment to empowering local communities, driving socio-economic growth and sustainable progress, and advancing the global energy transformation. It is heartening to see the UAE-France Framework for Cooperation in Artificial Intelligence signed last week, and we look forward to continuing to utilize cutting-edge clean energy technologies to drive access and sustainable growth”, Mohamed Jameel Al Ramahi, CEO of Masdar, said. “By supporting the development of the country’s Oil and Gas reserves, TotalEnergies has been a key partner of Abu Dhabi for more than 80 Years. We are now delighted to extend our partnership with Abu Dhabi to the development of renewable energies in emerging markets in Asia and Africa”, Stéphane Michel, President for Gas Renewable and Power at

Read More »

Ex-OpenAI CTO Mira Murati unveils Thinking Machines: A startup focused on multimodality, human-AI collaboration

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Ever since Mira Murati departed OpenAI last fall, many have wondered about the former CTO’s next move. Well, now we know (or, at least have a rough idea).  Murati took to X today to announce her new venture Thinking Machines Lab, an AI research and product company with a goal to “advance AI by making it broadly useful and understandable through solid foundations, open science and practical applications.” Murati posted: “We’re building three things: Helping people adapt AI systems to work for their specific needs; Developing strong foundations to build more capable AI systems; Fostering a culture of open science that helps the whole field understand and improve these systems.” Thinking Machine’s team of roughly two dozen engineers and scientists is stacked with other OpenAI alums — including co-founder and deep reinforcement learning pioneer John Schulman and ChatGPT co-creator Barret Zoph — which could position the startup to make significant strides in AI research and development.  As of the posting of this article, the company’s newly-launched X account @thinkymachines had already amassed roughly 14,000 followers.  Model intelligence, multimodality, strong infrastructure  Thinking Machines — not to be mistaken with the now defunct supercomputer and AI firm of the 1980s — isn’t yet offering specific examples of intended projects, but suggests a broad focus on multimodal capabilities, human-AI collaboration (as opposed to purely agentic systems) and strong infrastructure. The goal is to build more “flexible, adaptable and personalized AI systems,” the company writes on its new website.  Multimodality is “critical” to the future of AI, Thinking Machines says, as it allows for more natural and efficient communication that captures intent and supports deeper integration. “Instead of focusing solely on making fully autonomous AI systems, we

Read More »

How to Fine-Tune DistilBERT for Emotion Classification

The customer support teams were drowning with the overwhelming volume of customer inquiries at every company I’ve worked at. Have you had similar experiences? What if I told you that you could use AI to automatically identify, categorize, and even resolve the most common issues? By fine-tuning a transformer model like BERT, you can build an automated system that tags tickets by issue type and routes them to the right team. In this tutorial, I’ll show you how to fine-tune a transformer model for emotion classification in five steps: By the end, you’ll have a fine-tuned model that classifies emotions from text inputs with high accuracy, and you’ll also learn how to interpret these predictions using SHAP. This same approach can be applied to real-world use cases beyond emotion classification, such as customer support automation, sentiment analysis, content moderation, and more. Let’s dive in! Choosing the Right Transformer Model When selecting a transformer model for Text Classification, here’s a quick breakdown of the most common models: For this tutorial, I chose to fine-tune DistilBERT because it offers the best balance between performance and efficiency. Step 1: Setup and Installing Dependencies Ensure you have the required libraries installed: Step 2: Load and Preprocess Data I used the Emotions dataset for NLP by Praveen Govi, available on Kaggle and licensed for commercial use. It contains text labeled with emotions. The data comes in three .txt files: train, validation, and test. Each line contains a sentence and its corresponding emotion label, separated by a semicolon: Parsing the Dataset into a Pandas DataFrame Let’s load the dataset: Understanding the Label Distribution This dataset contains 16k training examples and 2k examples for the validation and testing. Here’s the label distribution breakdown: The bar chart above shows that the dataset is imbalanced, with the majority of

Read More »

National Grid opens consultation on North Humber to High Marnham power line

National Grid has launched a public consultation on its latest proposals for the planned North Humber to High Marnham overhead electricity transmission line The link would run for approximately 90km between two new substations at Birkhill Wood and High Marnham. National Grid said that the North Humber to High Marnham line will reinforce the electricity transmission network and help provide much-needed additional capacity between the North of England and the Midlands. Project director for North Humber to High Marnham Monica Corso Griffiths commented: “As demand for electricity is set to double, we need to increase the capacity of the network between the North of England and the Midlands. This will support the government’s decarbonisation targets, so that people living and working in these areas and beyond can benefit from the new renewable sources of energy planned to connect. “We’re looking forward to sharing our detailed plans for North Humber to High Marnham with communities over the next eight weeks. We encourage anyone interested to take part in our consultation and share their views on the plans.” National Grid previously consulted communities on its early proposals for the project at two non-statutory consultations in 2023 and 2024. Since then, it has carefully reviewed the feedback received alongside the outcome of technical and environmental studies. This work has fed into the development of detailed plans, including a preferred route alignment. National Grid is now seeking feedback on these detailed plans ahead of submitting an application for development consent to the Planning Inspectorate next year. The eight-week consultation begins 18 February and runs until 15 April 2025. The Humber is a growing hub of the UK’s green energy transition, with several industries, including carbon capture and storage and hydrogen, taking advantage of its industrial legacy to access infrastructure and skills. The region is

Read More »

What is the North Sea Transition Taskforce?

“There’s a lot at stake for the government,” said the head of the North Sea Transition Taskforce as he reflected on energy policy. The taskforce was set up by the British Chambers of Commerce (BCC) to be a Bank of England style body for energy policy, following a recommendation from Aberdeen and Grampian Chamber of Commerce (AGCC). The idea behind the initiative was to inform government policy to support domestic energy firms while the UK moves towards net zero targets. North Sea Transition Taskforce chairman, Philip Rycroft, told Energy Voice: “The fact there is a taskforce demonstrates that there was a deep dissatisfaction in the industry about current state of play, a frustration about where government policy was going, and this is an opportunity for government to hear through a task force that has emerged from the industry and with other interests on it as well about what a good transition looks like.” He added that it is “in the government’s interest” to listen to the outcomes from the taskforce, which is set to produce its inaugural report next month. This comes following the second meeting of the North Sea Transition Taskforce which took place in Aberdeen city centre before its members were taken on a tour of various businesses and energy hubs across the city, including Aberdeen Harbour. © Supplied by Kenny Elrick/DCTMNorth Sea Transition Taskforce chairman, Philip Rycroft. On why the government should take onboard what the taskforce has to say, Rycroft added that the work being done by the “covers all of their agendas”. “It’s about growth. It’s about the optimal pathway in net zero. It’s about receipts for the public purse. It’s about good jobs. It’s about the business infrastructure that supports productivity growth, all the things that government is looking for,” he listed. He suggested

Read More »

Galp Sees 75 Percent Drop in Quarterly Profit

Lisbon-based Galp Energia SGPS S.A. has reported a replacement cost-adjusted (RCA) net income of EUR 71 million ($74.1 million) for the fourth quarter of 2024, 75 percent below the fourth quarter of 2023. Full-year RCA net profit was EUR 961 million ($1 billion), 4 percent below the corresponding 2023 figure. However, the company’s co-CEOs Maria João Carioca and João Diogo Marques da Silva said it was a strong quarter “in a year of consistent delivery, at or above headline guidance across all business units”. Galp posted RCA earnings before interest, taxes, depreciation, and amortization (EBITDA) of EUR 3.3 billion ($3.4 billion) for 2024. It ended the year with EUR 1.2 billion ($1.26 billion) in net debt, down compared to year-end 2023. “These results not only depict 2024 as a year of strong execution for Galp but also lay the foundations for future growth and value creation. In 2025 and 2026 we will continue to execute our key growth projects, the hallmark of Galp’s portfolio, combining a disciplined approach towards a low capital intensity plan”, the co-CEOs said. Galp said that its investments during the fourth quarter reached EUR 500 million ($522.3 million), mainly channeled toward the execution of upstream projects, such as the Namibia appraisal campaign and Bacalhau. The company also said it continued pursuing industrial low-carbon projects. During the quarter under review, Galp reported a year-on-year drop in production of 110,000 barrels of oil equivalent per day (boepd). The drop reflected the disposal of the 10 percent stake in Area 4 in Mozambique. However, Galp said its Industrial and Midstream sectors performed better in the fourth quarter, with raw materials processed at the Sines refinery reaching 22 million boe, substantially higher year-on-year. Supply and trading volumes of natural gas and liquefied natural gas (LNG) reached 11.8 terawatt hours (TWh), higher

Read More »

EPointZero, Masdar, TotalEnergies Partner on Sustainable Energy Solutions

Abu Dhabi Future Energy Company PJSC-Masdar, TotalEnergies SE and EPointZero have signed a new agreement to improve clean energy access in developing economies across Africa and Asia.  The three companies said in a joint media release that under the Framework for Action agreement, Masdar and TotalEnergies will strengthen their cooperation to provide reliable and sustainable electricity to local communities in Africa and support its long-term energy systems transformation, and jointly develop new clean energy opportunities in Southeast Asia. Additionally, TotalEnergies and EPointZero will explore partnership opportunities to support India’s clean energy ambitions, including through solar, wind, and energy storage, the companies said. The agreement was signed at the third plenary meeting of the UAE-France High-Level Business Council in Paris by Masdar Chief Executive Officer Mohamed Jameel Al Ramahi, TotalEnergies President for Gas Renewable and Power Stéphane Michel, and IHC Chief Strategy and Growth Officer Peter Abraam, the media release said. “Enabled by the strength of the UAE-France bilateral relationship, Masdar is proud to be working with TotalEnergies to help deliver clean energy access across Southeast Asia and Africa. This agreement reflects our shared commitment to empowering local communities, driving socio-economic growth and sustainable progress, and advancing the global energy transformation. It is heartening to see the UAE-France Framework for Cooperation in Artificial Intelligence signed last week, and we look forward to continuing to utilize cutting-edge clean energy technologies to drive access and sustainable growth”, Mohamed Jameel Al Ramahi, CEO of Masdar, said. “By supporting the development of the country’s Oil and Gas reserves, TotalEnergies has been a key partner of Abu Dhabi for more than 80 Years. We are now delighted to extend our partnership with Abu Dhabi to the development of renewable energies in emerging markets in Asia and Africa”, Stéphane Michel, President for Gas Renewable and Power at

Read More »

Oil Settles Higher as OPEC+ Weighs Supply Delay

Oil snapped a three-session losing streak to settle near $72 a barrel after OPEC+ delegates said the cartel may postpone supply increases set to begin in April. It would be the fourth time the Saudi Arabia-led producer group has delayed plans to revive output. That’s eased worries about a supply surplus developing this year. The International Energy Agency is calling for an overhang of 450,000 barrels a day and, in the US, inventories are sitting at a three-month high while one measure of market tightness is flashing signs of oversupply. Prices have tumbled since US President Donald Trump’s inauguration, with his hawkish positions on everything from trade to foreign policy dragging oil to 2025 lows. Money managers have slashed their net bullish position on crude, while market gauges including time spreads are flashing signs of weakness. Another bearish headwind for crude emerged Tuesday, with the US and Russia agreeing to appoint teams to negotiate an end to the war in Ukraine. Russia’s invasion in 2022 prompted nations to put sanctions on its oil industry, and a peace agreement may include rolling back those restrictions, adding more supplies to the global market. In the near-term, though, a disruption to Kazakh oil flows via a major export pipeline could rein in supplies in the region. Oil Prices: WTI for March delivery rose 1.6% from Friday’s close to settle at $71.85 a barrel in New York. Futures didn’t settle on Monday due to the US Presidents’ Day holiday. Brent for April settlement advanced 0.8% to settle at $75.84 a barrel. What do you think? We’d love to hear from you, join the conversation on the Rigzone Energy Network. The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect

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TotalEnergies, Air Liquide Plan $628 Million Hydrogen Venture

TotalEnergies SE and Air Liquide SA plan a €600 million ($628 million) joint venture to produce green hydrogen for the French oil giant’s refinery in the Netherlands, along with a supply deal for its petrochemical plant in Belgium. The two companies aim to build a 250-megawatt electrolyzer powered by wind energy near the Zeeland refinery, Total said in a statement Tuesday. Separately, Total also agreed to buy green hydrogen for its Antwerp facility from a 200-megawatt electrolyzer that Air Liquide plans to build near Rotterdam. Total’s continued drive to reduce emissions at its refineries with low-carbon hydrogen, following other recent deals with Air Liquide and Air Products & Chemicals Inc., contrasts with a more cautious approach from its peers. “The partnership with Air Liquide takes on a new dimension and marks a new step in TotalEnergies’ ambition to decarbonize the hydrogen consumed by its refineries in Europe by 2030,” said Vincent Stoquart, President, Refining & Chemicals at TotalEnergies said in the statement. The joint project near the Zeeland refinery is expected to be commissioned in 2029, and the one that will supply the Antwerp plant should start operating by the end of 2027, Total said. A final investment decision still hasn’t been reached. Thanks to its existing hydrogen pipeline network, Air Liquide will also be able to serve other Dutch and Belgian customers, the French industrial gas company said in a separate statement.   Under the agreement, Total will supply the two electrolyzers with power from an offshore wind project in the Netherlands, while Air Liquide will also buy clean power from a Vattenfall wind farm off the Dutch coast. Upon completion, the two projects would represent a combined investment of more than €1 billion, and avoid annual emissions equivalent to as much as 500,000 tons of carbon dioxide, Air Liquide said. The company

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Microsoft will invest $80B in AI data centers in fiscal 2025

And Microsoft isn’t the only one that is ramping up its investments into AI-enabled data centers. Rival cloud service providers are all investing in either upgrading or opening new data centers to capture a larger chunk of business from developers and users of large language models (LLMs).  In a report published in October 2024, Bloomberg Intelligence estimated that demand for generative AI would push Microsoft, AWS, Google, Oracle, Meta, and Apple would between them devote $200 billion to capex in 2025, up from $110 billion in 2023. Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025. Both figures, though, are way higher than Microsoft’s 2020 capital expenditure of “just” $17.6 billion. The majority of the increased spending is tied to cloud services and the expansion of AI infrastructure needed to provide compute capacity for OpenAI workloads. Separately, last October Amazon CEO Andy Jassy said his company planned total capex spend of $75 billion in 2024 and even more in 2025, with much of it going to AWS, its cloud computing division.

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John Deere unveils more autonomous farm machines to address skill labor shortage

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Self-driving tractors might be the path to self-driving cars. John Deere has revealed a new line of autonomous machines and tech across agriculture, construction and commercial landscaping. The Moline, Illinois-based John Deere has been in business for 187 years, yet it’s been a regular as a non-tech company showing off technology at the big tech trade show in Las Vegas and is back at CES 2025 with more autonomous tractors and other vehicles. This is not something we usually cover, but John Deere has a lot of data that is interesting in the big picture of tech. The message from the company is that there aren’t enough skilled farm laborers to do the work that its customers need. It’s been a challenge for most of the last two decades, said Jahmy Hindman, CTO at John Deere, in a briefing. Much of the tech will come this fall and after that. He noted that the average farmer in the U.S. is over 58 and works 12 to 18 hours a day to grow food for us. And he said the American Farm Bureau Federation estimates there are roughly 2.4 million farm jobs that need to be filled annually; and the agricultural work force continues to shrink. (This is my hint to the anti-immigration crowd). John Deere’s autonomous 9RX Tractor. Farmers can oversee it using an app. While each of these industries experiences their own set of challenges, a commonality across all is skilled labor availability. In construction, about 80% percent of contractors struggle to find skilled labor. And in commercial landscaping, 86% of landscaping business owners can’t find labor to fill open positions, he said. “They have to figure out how to do

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2025 playbook for enterprise AI success, from agents to evals

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More 2025 is poised to be a pivotal year for enterprise AI. The past year has seen rapid innovation, and this year will see the same. This has made it more critical than ever to revisit your AI strategy to stay competitive and create value for your customers. From scaling AI agents to optimizing costs, here are the five critical areas enterprises should prioritize for their AI strategy this year. 1. Agents: the next generation of automation AI agents are no longer theoretical. In 2025, they’re indispensable tools for enterprises looking to streamline operations and enhance customer interactions. Unlike traditional software, agents powered by large language models (LLMs) can make nuanced decisions, navigate complex multi-step tasks, and integrate seamlessly with tools and APIs. At the start of 2024, agents were not ready for prime time, making frustrating mistakes like hallucinating URLs. They started getting better as frontier large language models themselves improved. “Let me put it this way,” said Sam Witteveen, cofounder of Red Dragon, a company that develops agents for companies, and that recently reviewed the 48 agents it built last year. “Interestingly, the ones that we built at the start of the year, a lot of those worked way better at the end of the year just because the models got better.” Witteveen shared this in the video podcast we filmed to discuss these five big trends in detail. Models are getting better and hallucinating less, and they’re also being trained to do agentic tasks. Another feature that the model providers are researching is a way to use the LLM as a judge, and as models get cheaper (something we’ll cover below), companies can use three or more models to

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OpenAI’s red teaming innovations define new essentials for security leaders in the AI era

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More OpenAI has taken a more aggressive approach to red teaming than its AI competitors, demonstrating its security teams’ advanced capabilities in two areas: multi-step reinforcement and external red teaming. OpenAI recently released two papers that set a new competitive standard for improving the quality, reliability and safety of AI models in these two techniques and more. The first paper, “OpenAI’s Approach to External Red Teaming for AI Models and Systems,” reports that specialized teams outside the company have proven effective in uncovering vulnerabilities that might otherwise have made it into a released model because in-house testing techniques may have missed them. In the second paper, “Diverse and Effective Red Teaming with Auto-Generated Rewards and Multi-Step Reinforcement Learning,” OpenAI introduces an automated framework that relies on iterative reinforcement learning to generate a broad spectrum of novel, wide-ranging attacks. Going all-in on red teaming pays practical, competitive dividends It’s encouraging to see competitive intensity in red teaming growing among AI companies. When Anthropic released its AI red team guidelines in June of last year, it joined AI providers including Google, Microsoft, Nvidia, OpenAI, and even the U.S.’s National Institute of Standards and Technology (NIST), which all had released red teaming frameworks. Investing heavily in red teaming yields tangible benefits for security leaders in any organization. OpenAI’s paper on external red teaming provides a detailed analysis of how the company strives to create specialized external teams that include cybersecurity and subject matter experts. The goal is to see if knowledgeable external teams can defeat models’ security perimeters and find gaps in their security, biases and controls that prompt-based testing couldn’t find. What makes OpenAI’s recent papers noteworthy is how well they define using human-in-the-middle

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Three Aberdeen oil company headquarters sell for £45m

Three Aberdeen oil company headquarters have been sold in a deal worth £45 million. The CNOOC, Apache and Taqa buildings at the Prime Four business park in Kingswells have been acquired by EEH Ventures. The trio of buildings, totalling 275,000 sq ft, were previously owned by Canadian firm BMO. The financial services powerhouse first bought the buildings in 2014 but took the decision to sell the buildings as part of a “long-standing strategy to reduce their office exposure across the UK”. The deal was the largest to take place throughout Scotland during the last quarter of 2024. Trio of buildings snapped up London headquartered EEH Ventures was founded in 2013 and owns a number of residential, offices, shopping centres and hotels throughout the UK. All three Kingswells-based buildings were pre-let, designed and constructed by Aberdeen property developer Drum in 2012 on a 15-year lease. © Supplied by CBREThe Aberdeen headquarters of Taqa. Image: CBRE The North Sea headquarters of Middle-East oil firm Taqa has previously been described as “an amazing success story in the Granite City”. Taqa announced in 2023 that it intends to cease production from all of its UK North Sea platforms by the end of 2027. Meanwhile, Apache revealed at the end of last year it is planning to exit the North Sea by the end of 2029 blaming the windfall tax. The US firm first entered the North Sea in 2003 but will wrap up all of its UK operations by 2030. Aberdeen big deals The Prime Four acquisition wasn’t the biggest Granite City commercial property sale of 2024. American private equity firm Lone Star bought Union Square shopping centre from Hammerson for £111m. © ShutterstockAberdeen city centre. Hammerson, who also built the property, had originally been seeking £150m. BP’s North Sea headquarters in Stoneywood, Aberdeen, was also sold. Manchester-based

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2025 ransomware predictions, trends, and how to prepare

Zscaler ThreatLabz research team has revealed critical insights and predictions on ransomware trends for 2025. The latest Ransomware Report uncovered a surge in sophisticated tactics and extortion attacks. As ransomware remains a key concern for CISOs and CIOs, the report sheds light on actionable strategies to mitigate risks. Top Ransomware Predictions for 2025: ● AI-Powered Social Engineering: In 2025, GenAI will fuel voice phishing (vishing) attacks. With the proliferation of GenAI-based tooling, initial access broker groups will increasingly leverage AI-generated voices; which sound more and more realistic by adopting local accents and dialects to enhance credibility and success rates. ● The Trifecta of Social Engineering Attacks: Vishing, Ransomware and Data Exfiltration. Additionally, sophisticated ransomware groups, like the Dark Angels, will continue the trend of low-volume, high-impact attacks; preferring to focus on an individual company, stealing vast amounts of data without encrypting files, and evading media and law enforcement scrutiny. ● Targeted Industries Under Siege: Manufacturing, healthcare, education, energy will remain primary targets, with no slowdown in attacks expected. ● New SEC Regulations Drive Increased Transparency: 2025 will see an uptick in reported ransomware attacks and payouts due to new, tighter SEC requirements mandating that public companies report material incidents within four business days. ● Ransomware Payouts Are on the Rise: In 2025 ransom demands will most likely increase due to an evolving ecosystem of cybercrime groups, specializing in designated attack tactics, and collaboration by these groups that have entered a sophisticated profit sharing model using Ransomware-as-a-Service. To combat damaging ransomware attacks, Zscaler ThreatLabz recommends the following strategies. ● Fighting AI with AI: As threat actors use AI to identify vulnerabilities, organizations must counter with AI-powered zero trust security systems that detect and mitigate new threats. ● Advantages of adopting a Zero Trust architecture: A Zero Trust cloud security platform stops

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Ex-OpenAI CTO Mira Murati unveils Thinking Machines: A startup focused on multimodality, human-AI collaboration

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Ever since Mira Murati departed OpenAI last fall, many have wondered about the former CTO’s next move. Well, now we know (or, at least have a rough idea).  Murati took to X today to announce her new venture Thinking Machines Lab, an AI research and product company with a goal to “advance AI by making it broadly useful and understandable through solid foundations, open science and practical applications.” Murati posted: “We’re building three things: Helping people adapt AI systems to work for their specific needs; Developing strong foundations to build more capable AI systems; Fostering a culture of open science that helps the whole field understand and improve these systems.” Thinking Machine’s team of roughly two dozen engineers and scientists is stacked with other OpenAI alums — including co-founder and deep reinforcement learning pioneer John Schulman and ChatGPT co-creator Barret Zoph — which could position the startup to make significant strides in AI research and development.  As of the posting of this article, the company’s newly-launched X account @thinkymachines had already amassed roughly 14,000 followers.  Model intelligence, multimodality, strong infrastructure  Thinking Machines — not to be mistaken with the now defunct supercomputer and AI firm of the 1980s — isn’t yet offering specific examples of intended projects, but suggests a broad focus on multimodal capabilities, human-AI collaboration (as opposed to purely agentic systems) and strong infrastructure. The goal is to build more “flexible, adaptable and personalized AI systems,” the company writes on its new website.  Multimodality is “critical” to the future of AI, Thinking Machines says, as it allows for more natural and efficient communication that captures intent and supports deeper integration. “Instead of focusing solely on making fully autonomous AI systems, we

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How to Fine-Tune DistilBERT for Emotion Classification

The customer support teams were drowning with the overwhelming volume of customer inquiries at every company I’ve worked at. Have you had similar experiences? What if I told you that you could use AI to automatically identify, categorize, and even resolve the most common issues? By fine-tuning a transformer model like BERT, you can build an automated system that tags tickets by issue type and routes them to the right team. In this tutorial, I’ll show you how to fine-tune a transformer model for emotion classification in five steps: By the end, you’ll have a fine-tuned model that classifies emotions from text inputs with high accuracy, and you’ll also learn how to interpret these predictions using SHAP. This same approach can be applied to real-world use cases beyond emotion classification, such as customer support automation, sentiment analysis, content moderation, and more. Let’s dive in! Choosing the Right Transformer Model When selecting a transformer model for Text Classification, here’s a quick breakdown of the most common models: For this tutorial, I chose to fine-tune DistilBERT because it offers the best balance between performance and efficiency. Step 1: Setup and Installing Dependencies Ensure you have the required libraries installed: Step 2: Load and Preprocess Data I used the Emotions dataset for NLP by Praveen Govi, available on Kaggle and licensed for commercial use. It contains text labeled with emotions. The data comes in three .txt files: train, validation, and test. Each line contains a sentence and its corresponding emotion label, separated by a semicolon: Parsing the Dataset into a Pandas DataFrame Let’s load the dataset: Understanding the Label Distribution This dataset contains 16k training examples and 2k examples for the validation and testing. Here’s the label distribution breakdown: The bar chart above shows that the dataset is imbalanced, with the majority of

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AI can fix bugs—but can’t find them: OpenAI’s study highlights limits of LLMs in software engineering

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Large language models (LLMs) may have changed software development, but enterprises will need to think twice about entirely replacing human software engineers with LLMs, despite OpenAI CEO Sam Altman’s claim that models can replace “low-level” engineers. In a new paper, OpenAI researchers detail how they developed an LLM benchmark called SWE-Lancer to test how much foundation models can earn from real-life freelance software engineering tasks. The test found that, while the models can solve bugs, they can’t see why the bug exists and continue to make more mistakes.  The researchers tasked three LLMs — OpenAI’s GPT-4o and o1 and Anthropic’s Claude-3.5 Sonnet — with 1,488 freelance software engineer tasks from the freelance platform Upwork amounting to $1 million in payouts. They divided the tasks into two categories: individual contributor tasks (resolving bugs or implementing features), and management tasks (where the model roleplays as a manager who will choose the best proposal to resolve issues).  “Results indicate that the real-world freelance work in our benchmark remains challenging for frontier language models,” the researchers write.  The test shows that foundation models cannot fully replace human engineers. While they can help solve bugs, they’re not quite at the level where they can start earning freelancing cash by themselves.  Benchmarking freelancing models The researchers and 100 other professional software engineers identified potential tasks on Upwork and, without changing any words, fed these to a Docker container to create the SWE-Lancer dataset. The container does not have internet access and cannot access GitHub “to avoid the possible of models scraping code diffs or pull request details,” they explained. The team identified 764 individual contributor tasks, totaling about $414,775, ranging from 15-minute bug fixes to weeklong feature

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Learning How to Play Atari Games Through Deep Neural Networks

In July 1959, Arthur Samuel developed one of the first agents to play the game of checkers. What constitutes an agent that plays checkers can be best described in Samuel’s own words, “…a computer [that] can be programmed so that it will learn to play a better game of checkers than can be played by the person who wrote the program” [1]. The checkers’ agent tries to follow the idea of simulating every possible move given the current situation and selecting the most advantageous one i.e. one that brings the player closer to winning. The move’s “advantageousness” is determined by an evaluation function, which the agent improves through experience. Naturally, the concept of an agent is not restricted to the game of checkers, and many practitioners have sought to match or surpass human performance in popular games. Notable examples include IBM’s Deep Blue (which managed to defeat Garry Kasparov, a chess world champion at the time), and Tesauro’s TD-Gammon, a temporal-difference approach, where the evaluation function was modelled using a neural network. In fact, TD-Gammon’s playing style was so uncommon that some experts even adopted some strategies it conjured up [2]. Unsurprisingly, research into creating such ‘agents’ only skyrocketed, with novel approaches able to reach peak human performance in complex games. In this post, we explore one such approach: the DQN approach introduced in 2013 by Mnih et al, in which playing Atari games is approached through a synthesis of Deep Neural Networks and TD-Learning (NB: the original paper came out in 2013, but we will focus on the 2015 version which comes with some technical improvements) [3, 4]. Before we continue, you should note that in the ever-expanding space of new approaches, DQN has been superseded by faster and more refined state-of-the-art methods. Yet, it remains an ideal stepping

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Retrieval Augmented Generation in SQLite

This is the second in a two-part series on using SQLite for Machine Learning. In my last article, I dove into how SQLite is rapidly becoming a production-ready database for web applications. In this article, I will discuss how to perform retrieval-augmented-generation using SQLite. If you’d like a custom web application with generative AI integration, visit losangelesaiapps.com The code referenced in this article can be found here. When I first learned how to perform retrieval-augmented-generation (RAG) as a budding data scientist, I followed the traditional path. This usually looks something like: In fact I actually wrote an article about my experience building a RAG system in LangChain with Pinecone. There is nothing terribly wrong with using a RAG framework with a cloud vector database. However, I would argue that for first time learners it overcomplicates the situation. Do we really need an entire framework to learn how to do RAG? Is it necessary to perform API calls to cloud vector databases? These databases act as black boxes, which is never good for learners (or frankly for anyone).  In this article, I will walk you through how to perform RAG on the simplest stack possible. In fact, this ‘stack’ is just Sqlite with the sqlite-vec extension and the OpenAI API for use of their embedding and chat models. I recommend you read part 1 of this series to get a deep dive on SQLite and how it is rapidly becoming production ready for web applications. For our purposes here, it is enough to understand that SQLite is the simplest kind of database possible: a single file in your repository.  So ditch your cloud vector databases and your bloated frameworks, and let’s do some RAG. SQLite-Vec One of the powers of the SQLite database is the use of extensions. For those of

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The Future of Data: How Decision Intelligence is Revolutionizing Data

In the past few years, technology and AI have evolved more than ever. As I read about the new concepts in tech and learn new skills and techniques each day, I feel in a state of limbo — there is so much content to consume and yet, very little content that I could create.  In the rapidly expanding technological world of today, AI is taking over as it gets increasingly integrated into the various aspects of our lives. With the growing concerns around AI usage, it is quintessential to have tools and applications that build trust in Artificial Intelligence, support business automation, and drive faster, more accurate decision-making. That is exactly where Decision Intelligence (DI) comes into the picture. In this blog, I want to introduce the readers to the concept of Decision Intelligence — a very nuanced and rapidly growing concept. This will be your guide to knowing the what, why, and how of Decision Intelligence. Introduction to Decision Intelligence A good decision is often defined by its outcome. But how do you ensure that you’re making the best choice? This is where Decision Intelligence (DI) becomes important for organizations making focused, contextual, and personalized decisions. Decision Intelligence is an interdisciplinary field that uses AI to enhance all aspects of decision-making across all areas of a Business. It blends concepts of Data Science (statistics, machine learning, AI, analytics) with Behavioral Sciences (psychology, neuroscience, economics, and managerial sciences) to understand how decisions are made and how outcomes are measured.  What is the difference between Decision Intelligence and Artificial Intelligence? Artificial Intelligence is about creating systems or machines that can do tasks that usually need human intelligence, like learning from experience, recognizing patterns, solving problems, understanding language, and making decisions. Decision Intelligence (DI) can be considered a subset where it uses AI to build a

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National Grid opens consultation on North Humber to High Marnham power line

National Grid has launched a public consultation on its latest proposals for the planned North Humber to High Marnham overhead electricity transmission line The link would run for approximately 90km between two new substations at Birkhill Wood and High Marnham. National Grid said that the North Humber to High Marnham line will reinforce the electricity transmission network and help provide much-needed additional capacity between the North of England and the Midlands. Project director for North Humber to High Marnham Monica Corso Griffiths commented: “As demand for electricity is set to double, we need to increase the capacity of the network between the North of England and the Midlands. This will support the government’s decarbonisation targets, so that people living and working in these areas and beyond can benefit from the new renewable sources of energy planned to connect. “We’re looking forward to sharing our detailed plans for North Humber to High Marnham with communities over the next eight weeks. We encourage anyone interested to take part in our consultation and share their views on the plans.” National Grid previously consulted communities on its early proposals for the project at two non-statutory consultations in 2023 and 2024. Since then, it has carefully reviewed the feedback received alongside the outcome of technical and environmental studies. This work has fed into the development of detailed plans, including a preferred route alignment. National Grid is now seeking feedback on these detailed plans ahead of submitting an application for development consent to the Planning Inspectorate next year. The eight-week consultation begins 18 February and runs until 15 April 2025. The Humber is a growing hub of the UK’s green energy transition, with several industries, including carbon capture and storage and hydrogen, taking advantage of its industrial legacy to access infrastructure and skills. The region is

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What is the North Sea Transition Taskforce?

“There’s a lot at stake for the government,” said the head of the North Sea Transition Taskforce as he reflected on energy policy. The taskforce was set up by the British Chambers of Commerce (BCC) to be a Bank of England style body for energy policy, following a recommendation from Aberdeen and Grampian Chamber of Commerce (AGCC). The idea behind the initiative was to inform government policy to support domestic energy firms while the UK moves towards net zero targets. North Sea Transition Taskforce chairman, Philip Rycroft, told Energy Voice: “The fact there is a taskforce demonstrates that there was a deep dissatisfaction in the industry about current state of play, a frustration about where government policy was going, and this is an opportunity for government to hear through a task force that has emerged from the industry and with other interests on it as well about what a good transition looks like.” He added that it is “in the government’s interest” to listen to the outcomes from the taskforce, which is set to produce its inaugural report next month. This comes following the second meeting of the North Sea Transition Taskforce which took place in Aberdeen city centre before its members were taken on a tour of various businesses and energy hubs across the city, including Aberdeen Harbour. © Supplied by Kenny Elrick/DCTMNorth Sea Transition Taskforce chairman, Philip Rycroft. On why the government should take onboard what the taskforce has to say, Rycroft added that the work being done by the “covers all of their agendas”. “It’s about growth. It’s about the optimal pathway in net zero. It’s about receipts for the public purse. It’s about good jobs. It’s about the business infrastructure that supports productivity growth, all the things that government is looking for,” he listed. He suggested

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Galp Sees 75 Percent Drop in Quarterly Profit

Lisbon-based Galp Energia SGPS S.A. has reported a replacement cost-adjusted (RCA) net income of EUR 71 million ($74.1 million) for the fourth quarter of 2024, 75 percent below the fourth quarter of 2023. Full-year RCA net profit was EUR 961 million ($1 billion), 4 percent below the corresponding 2023 figure. However, the company’s co-CEOs Maria João Carioca and João Diogo Marques da Silva said it was a strong quarter “in a year of consistent delivery, at or above headline guidance across all business units”. Galp posted RCA earnings before interest, taxes, depreciation, and amortization (EBITDA) of EUR 3.3 billion ($3.4 billion) for 2024. It ended the year with EUR 1.2 billion ($1.26 billion) in net debt, down compared to year-end 2023. “These results not only depict 2024 as a year of strong execution for Galp but also lay the foundations for future growth and value creation. In 2025 and 2026 we will continue to execute our key growth projects, the hallmark of Galp’s portfolio, combining a disciplined approach towards a low capital intensity plan”, the co-CEOs said. Galp said that its investments during the fourth quarter reached EUR 500 million ($522.3 million), mainly channeled toward the execution of upstream projects, such as the Namibia appraisal campaign and Bacalhau. The company also said it continued pursuing industrial low-carbon projects. During the quarter under review, Galp reported a year-on-year drop in production of 110,000 barrels of oil equivalent per day (boepd). The drop reflected the disposal of the 10 percent stake in Area 4 in Mozambique. However, Galp said its Industrial and Midstream sectors performed better in the fourth quarter, with raw materials processed at the Sines refinery reaching 22 million boe, substantially higher year-on-year. Supply and trading volumes of natural gas and liquefied natural gas (LNG) reached 11.8 terawatt hours (TWh), higher

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EPointZero, Masdar, TotalEnergies Partner on Sustainable Energy Solutions

Abu Dhabi Future Energy Company PJSC-Masdar, TotalEnergies SE and EPointZero have signed a new agreement to improve clean energy access in developing economies across Africa and Asia.  The three companies said in a joint media release that under the Framework for Action agreement, Masdar and TotalEnergies will strengthen their cooperation to provide reliable and sustainable electricity to local communities in Africa and support its long-term energy systems transformation, and jointly develop new clean energy opportunities in Southeast Asia. Additionally, TotalEnergies and EPointZero will explore partnership opportunities to support India’s clean energy ambitions, including through solar, wind, and energy storage, the companies said. The agreement was signed at the third plenary meeting of the UAE-France High-Level Business Council in Paris by Masdar Chief Executive Officer Mohamed Jameel Al Ramahi, TotalEnergies President for Gas Renewable and Power Stéphane Michel, and IHC Chief Strategy and Growth Officer Peter Abraam, the media release said. “Enabled by the strength of the UAE-France bilateral relationship, Masdar is proud to be working with TotalEnergies to help deliver clean energy access across Southeast Asia and Africa. This agreement reflects our shared commitment to empowering local communities, driving socio-economic growth and sustainable progress, and advancing the global energy transformation. It is heartening to see the UAE-France Framework for Cooperation in Artificial Intelligence signed last week, and we look forward to continuing to utilize cutting-edge clean energy technologies to drive access and sustainable growth”, Mohamed Jameel Al Ramahi, CEO of Masdar, said. “By supporting the development of the country’s Oil and Gas reserves, TotalEnergies has been a key partner of Abu Dhabi for more than 80 Years. We are now delighted to extend our partnership with Abu Dhabi to the development of renewable energies in emerging markets in Asia and Africa”, Stéphane Michel, President for Gas Renewable and Power at

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Ex-OpenAI CTO Mira Murati unveils Thinking Machines: A startup focused on multimodality, human-AI collaboration

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Ever since Mira Murati departed OpenAI last fall, many have wondered about the former CTO’s next move. Well, now we know (or, at least have a rough idea).  Murati took to X today to announce her new venture Thinking Machines Lab, an AI research and product company with a goal to “advance AI by making it broadly useful and understandable through solid foundations, open science and practical applications.” Murati posted: “We’re building three things: Helping people adapt AI systems to work for their specific needs; Developing strong foundations to build more capable AI systems; Fostering a culture of open science that helps the whole field understand and improve these systems.” Thinking Machine’s team of roughly two dozen engineers and scientists is stacked with other OpenAI alums — including co-founder and deep reinforcement learning pioneer John Schulman and ChatGPT co-creator Barret Zoph — which could position the startup to make significant strides in AI research and development.  As of the posting of this article, the company’s newly-launched X account @thinkymachines had already amassed roughly 14,000 followers.  Model intelligence, multimodality, strong infrastructure  Thinking Machines — not to be mistaken with the now defunct supercomputer and AI firm of the 1980s — isn’t yet offering specific examples of intended projects, but suggests a broad focus on multimodal capabilities, human-AI collaboration (as opposed to purely agentic systems) and strong infrastructure. The goal is to build more “flexible, adaptable and personalized AI systems,” the company writes on its new website.  Multimodality is “critical” to the future of AI, Thinking Machines says, as it allows for more natural and efficient communication that captures intent and supports deeper integration. “Instead of focusing solely on making fully autonomous AI systems, we

Read More »

How to Fine-Tune DistilBERT for Emotion Classification

The customer support teams were drowning with the overwhelming volume of customer inquiries at every company I’ve worked at. Have you had similar experiences? What if I told you that you could use AI to automatically identify, categorize, and even resolve the most common issues? By fine-tuning a transformer model like BERT, you can build an automated system that tags tickets by issue type and routes them to the right team. In this tutorial, I’ll show you how to fine-tune a transformer model for emotion classification in five steps: By the end, you’ll have a fine-tuned model that classifies emotions from text inputs with high accuracy, and you’ll also learn how to interpret these predictions using SHAP. This same approach can be applied to real-world use cases beyond emotion classification, such as customer support automation, sentiment analysis, content moderation, and more. Let’s dive in! Choosing the Right Transformer Model When selecting a transformer model for Text Classification, here’s a quick breakdown of the most common models: For this tutorial, I chose to fine-tune DistilBERT because it offers the best balance between performance and efficiency. Step 1: Setup and Installing Dependencies Ensure you have the required libraries installed: Step 2: Load and Preprocess Data I used the Emotions dataset for NLP by Praveen Govi, available on Kaggle and licensed for commercial use. It contains text labeled with emotions. The data comes in three .txt files: train, validation, and test. Each line contains a sentence and its corresponding emotion label, separated by a semicolon: Parsing the Dataset into a Pandas DataFrame Let’s load the dataset: Understanding the Label Distribution This dataset contains 16k training examples and 2k examples for the validation and testing. Here’s the label distribution breakdown: The bar chart above shows that the dataset is imbalanced, with the majority of

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