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Industrial Automation machines assist to simplify the tasks and they (robots) can be operated in the most dangerous situations where a man cannot be capable to do. This is the reason why they have gained a prominent place in the industries.

Oil prices have edged up as the Organization of the Petroleum Exporting Countries (OPEC) and its partners are set to extend output cuts until at least the end of 2019 at their meeting in Vienna.

Offshore oil and gas operators in the Gulf of Mexico have evacuated a number of rigs and platforms in response to Tropical Storm Barry. The storm entered the Gulf of Mexico on 10 July, making landfall in Louisiana as a Category 1 hurricane on 13 July.

Facebook has unveiled its plans to launch its cryptocurrency Libra, and it's clear that the social media giant has bold ambitions.Characterising the cryptocurrency as "a new global currency powered by blockchain technology", the company has designed Libra to be a robust, borderless currency backed by low-volatility assets in a pool known as the Libra Reserve.

Norwegian oil exploration and development company Aker BP has installed the Valhall Flank West topsides on the Valhall field, located offshore Norway in the North Sea.

Oil prices have increased after a massive fire damaged Philadelphia Energy Solutions' major refinery on the US East Coast. Front-month Brent crude futures rose 84 cents at $65.89 per barrel, while US West Texas Intermediate (WTI) crude futures edged up $1.08 at $58.91 per barrel, Reuters reported.

The technology from FIS hopes to be a crucial part of Australia-based Volt's overall platform. It will provide a highly scalable, cost-effective platform to serve customers.

Oil prices continued their upward trend for the fourth consecutive day on Tuesday on expectations that the US Federal Reserve will cut interest rates for the first time in more than ten years to support the growth in demand for fuel in the country.

BHP Petroleum Operations president Geraldine Slattery said: "This is an important milestone for BHP in Trinidad and Tobago. Ruby aligns well with our strategy of maximising value from our existing assets, bringing competitive near-term value and volume growth."

Crude prices jumped more than 1% after Yemeni separatists carried out a drone attack on a Saudi Arabian oil facility during the weekend. Brent crude climbed 78 cents to $59.42 a barrel, while US crude gained 64 cents to trade at $55.51 per barrel, reported Reuters.

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Due to the intelligent development of automobiles, the application range of PCB pick and place machine in the automotive field is becoming more and more extensive. The popularity of new energy vehicles, the invention of driverless cars. Cars are not only a means of transportation but also a platform for technology, for example, the deuterogenic automotive PCB assembly. Whether it is circuit control or communication functions, it needs to be realized by the pick and place machine. Our pick and place machine has established in-depth cooperative relations with BYD and other auto companies.

Oil prices have slightly edged higher on China's factory data but are on track for a weekly loss.Brent crude futures were down $0.27 at $59.89 a barrel, while US West Texas Intermediate (WTI) crude futures were down $0.32 at $54.50 per barrel, reported Reuters.

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The PayPal investment in Tink will give it access to Tink's account aggregation technology. Furthermore, this will allow PayPal to significantly improve the produce experiences it offers to customers in Europe.

Global oil prices dropped due to weaker demand outlook and a surprise increase in the US crude inventories. Brent crude futures slipped $1.69 to $60.60 a barrel, while US West Texas Intermediate crude futures were down $1.56 to trade at $51.71 per barrel, reported Reuters.

Total has commenced production from the Culzean gas condensate field located offshore the coast of Aberdeen in the UK.