Latest news with #storagefacilities
Daily Mail
02-08-2025
- Business
- Daily Mail
ANDREW NEIL: The Industrial Revolution hit working class jobs but the rise of AI will decimate middle-class employment
I have a friend in storage. Not the most glamorous business, to be sure, but lucrative. It's made him rich and his business is still expanding as he creates new storage facilities for companies and individuals across the country. It's a well-run business but in the past year he's discovered how artificial intelligence, or AI, can make his companies even more productive and profitable.
Al Arabiya
01-07-2025
- Business
- Al Arabiya
Ukraine gas reserves exceed 8 billion cubic meters: Analyst
Gas reserves in Ukrainian storage facilities exceeded 8 billion cubic meters (bcm) as of June 28 but remain at the lowest level in the last 11 years, analysis firm ExPro said on Tuesday. Ukraine has been forced to ramp up gas withdrawals from storage and increase imports this winter and spring after Russian missile attacks damaged production facilities in the east of the country. ExPro said that storage facilities were almost 26 percent full, and the volumes were 19.6 percent, or by 1.9 bcm, lower than at the same date year earlier. The consultancy said gas injection volumes remained higher than last year and between June 1 and 28, 1.25 bcm of gas was pumped into storage facilities. It noted that since the beginning of this year's gas injection season on April 17, 2.6 bcm of gas had been pumped into storage facilities. Ukrainian energy minister said last month Ukraine had to import at least 4.6 bcm of gas for the 2025/26 winter heating season.
