OIL & FUEL SECTOR NEWS HABERLERİ

Looking For a Drop-in Group I Substitute? The Answer is ‘Nynas NYBASE®’ Introduced to replace Group I base oils – which are becoming scarce due to ongoing changes in the refining industry – Nynas NYBASE® “drop-in” base oils are... 

Oil major Royal Dutch Shell on Thursday outlined the details of its near-term and long-term plans to transition to cleaner energy, saying its oil production and total carbon emissions have already peaked. Shell said it aims to reduce net carbon emissions... 

Getting a grip just got easier. Our NYTEX® range of naphthenic oils for winter tyres can improve rolling resistance and traction without compromising other properties. Curious to find out what else we know about tyre oils? Check out our website and... 

Europeans got more of their electricity from renewable sources than fossil fuels for the first time last year, according to an annual report from Ember and Agora Energiewende. The report, which has been tracking EU’s power sector since 2015, found... 

The International Energy Agency on Tuesday cut its 2021 global oil demand forecast, citing soaring Covid-19 cases and renewed lockdown measures that will further limit mobility. The IEA said it now expects world oil demand to recover by 5.5 million barrels... 

Even though the United States has achieved the long-sought goal of energy self-sufficiency, energy security remains a strategic and economic challenge. Despite “self–sufficiency,” the U.S. still imports significant quantities of oil and natural... 

The taking of impairments to oil and gas assets can become a point of controversy in the oil and gas business, often because they are the result of a complex decisions and judgments made by each individual company about current and future market conditions. As... 

The overarching challenge of COVID-19 is expected to impair the growth rates in almost all economies over the medium-term. The average OECD growth rate will stand at 0.7% p.a. in the period from 2019 to 2025, compared to the pre-COVID-19 projected growth... 

China has become the center of gravity for global energy markets. While energy demand growth has slowed or stopped in the Organisation for Economic Co-operation and Development (OECD) countries, China’s primary energy demand increased by more than 45%... 

The widening rift between the world’s two largest economies – the United States and China – has had analysts and market observers using the phrase ‘Cold War’ to describe how far the two global superpowers could go in their increasingly heated... 

As the Energy Newspaper family; For more than 6 years, we have started our activities for Energy Systems Engineers at the beginning of September as our 7/24 online energy news platform that advances with an objective, up-to-date and principled sectoral... 

Herculean global action to roll back the economic carnage of the coronavirus is about to bump into a new problem: climate change. With as much as $15 trillion in economic stimulus on offer – an unfathomable 17% of global GDP – we’ll see spending...