Topic
storage
Commodities DOF Secures TotalEnergies FSO Replacement Contract for Nigerian Crude Storage Vessel
Norwegian offshore vessel owner DOF has won a contract from TotalEnergies for the subsea construction, mooring, disconnection of an existing FSO, and connection of a replacement unit for the FSO Unity. The contract, valued in the $50-100M range, involves four vessels and approximately 330 vessel-days, with offshore execution planned for Q4 2027 and Q1 2028. The FSO Unity stores up to 2.4 million barrels of crude oil from multiple Nigerian offshore fields.
Commodities India Plans 30-Day LPG Storage Buffer After Iran War Exposes Hormuz Supply Risk
State-run OMCs in India are developing a 30-day strategic LPG reserve to mitigate supply risks highlighted by the Iran conflict, with BPCL investing roughly Rs 5,000 crore to nearly double its storage capacity. The plan includes expanded onshore, underground, and floating storage, alongside import diversification from the US, Europe, and Russia. India imports nearly 60% of its LPG, with about 90% of those imports passing through the Strait of Hormuz.
Commodities Kharif Sowing Slumps 23% as Delayed Monsoon Hits India's Key Crops; Reservoir Storage at 26%
Kharif sowing in India has slumped 23% to 182.72 lakh hectares as of June 25, 2026, compared to 236.46 lakh hectares a year ago, due to a delayed and deficient southwest monsoon. Key reservoirs are at 26.37% of full capacity, with 29 reservoirs below 50% of normal storage. Paddy acreage fell 25.17%, pulses 30.47%, and oilseeds 53.33%, raising concerns for agricultural output.
Commodities Storage in India’s 166 Major Reservoirs Drops to 27.5% of Capacity on Monsoon Deficit
Storage in India's 166 major reservoirs dropped to 27.5% of total capacity this week, driven by a deficient South-West Monsoon due to El Niño. Rainfall since the monsoon began is 48.5 mm versus a normal of 80.6 mm, a 40% deficit as of June 18. Central India, key for kharif production, recorded a 62% deficit, raising concerns for crop sowing.
Technology How AI-ready NAS is rewriting enterprise data management for AI workloads
Traditional Network Attached Storage (NAS) is evolving from a passive digital filing cabinet into an active intelligent processing layer. AI-ready NAS systems with integrated GPUs and NPUs allow enterprises to run AI workloads directly on storage infrastructure, reducing latency, controlling agent sprawl, and cutting cloud costs.
Technology Google Slashes Gemini AI Plus Price to $4.99, Doubles Storage to 400GB
Google has reduced the price of its Gemini AI Plus subscription from $7.99 to $4.99 per month and doubled included storage from 200GB to 400GB. The move positions the plan as a cheaper alternative to OpenAI's ChatGPT Go, which costs $8 monthly. Subscribers gain access to enhanced Gemini capabilities, video generation, NotebookLM, and 200 Google Flow credits.
Technology Ugreen Prime Day Sale Slashes Price of NASync DH2300 and Other NAS Models
Ugreen is hosting its own Prime Day sale, offering significant discounts on its NAS devices. The NASync DH2300 two-bay NAS and UPS bundle is priced at $276, down from $345. The standalone NAS is $186.99. The device features an eight-core processor, 4GB of memory, RAID support, and up to 64TB storage capacity, making it a cost-effective private cloud solution for home users and small offices.
Technology Teamgroup Launches 28GB/s PCIe 6.0 SSD, But Consumer PCs Can't Use It Yet
Teamgroup announced the T-CREATE MASTER Ai I6E E1.S SSD at Computex 2026, achieving 28GB/s sequential reads via PCIe 6.0. However, the drive uses an E1.S form factor and requires PCIe 6.0 support absent from current consumer motherboards, limiting it to enterprise and hyperscaler deployments. The company also introduced 64GB RDIMM modules and secured patents for a One Click Data Destruction mechanism.
Technology This advanced SSD can remotely destroy its data via built-in 4G LTE, making it ideal for security-conscious enterprises
Teamgroup unveiled the T-CREATE EXPERT P35SG external SSD at Computex 2026, featuring a built-in 4G LTE modem that enables remote irreversible data wiping. The hardware-level destruction process, combined with a physical button for local activation, ensures data cannot be recovered even after advanced forensic attempts.
Technology Unlocking Business Value with Enterprise Storage
Enterprise storage technology is evolving from a cost center to a strategic asset, offering rapid ROI and significant cost savings. By leveraging software-defined storage and automation, businesses can achieve payback in under a year, enhancing both operational efficiency and revenue growth.
Supply Chain India's Reservoir Storage Crisis: Strategic Implications
India's reservoir storage has plummeted to 30% capacity, posing significant risks to supply chains reliant on water resources. Strategic responses are crucial for resilience.