OIL & FUEL SECTOR NEWS HABERLERİ

Shell (SHEL.L) said on Monday it would acquire Danish biogas producer Nature Energy for nearly $2 billion, as it looks to boost its low-carbon business amid growing interest in biogas. Reuters had reported last month Shell was among a number of companies... 

NYTEX® BIO 6200 is one of the most important sustainability products right now. Important feature of Nynas’ strategy for continued global growth is the launch of products that support their customers’ long-term sustainability work. This is true not... 

Europe needs to ramp up efforts to cut its dependency from Russian fossil fuel imports in the face of the latest crisis, German Chancellor Olaf Scholz said in Brussels on Friday. “All together, we are very, very well prepared for the difficult challenge... 

Global primary energy demand jumped by 5.8 percent last year and exceeded the pre-pandemic levels of 2019 by 1.3 percent, BP said in its annual Statistical Review of World Energy 2022 on Tuesday. Primary energy in 2021 grew by its largest amount in... 

The International Energy Agency said that world oil demand will increase by more than 2% in 2023, reaching a record level of 101.6 million barrels per day (bpd). The Paris-based IEA also said in its monthly report that supply was restricted due to the... 

Fossil fuels have surpassed renewables to become the European Union’s largest source of power generation as use of natural gas reached its highest point in a decade, the bloc’s statistics office said on Thursday. While Eurostat says renewables... 

Manufacturing, electricity, and oil and gas organizations around the world are experiencing a digital transformation that is leading to increasingly interconnected IT and OT environments. Some organizations are looking to leverage new technology, such... 

Rigorously tested and approved for use in market-leading Buchholz relays, Nynas’ NYTRO® BIO 300X transformer liquid offers a more sustainable cooling solution. Following a long and comprehensive evaluation programme, Elektromotoren und Gerätebau Barleben... 

OPEC on Thursday cut its forecast for growth in world oil demand in 2022 for a second straight month, citing the impact of Russia’s invasion of Ukraine, rising inflation and the resurgence of the Omicron coronavirus variant in China. The Organization... 

The European Commission plans to unveil a 195 billion euro plan to stop importing Russian fossil fuels by 2027, combining a faster rollout of renewable energy and energy savings with a switch to alternative gas supplies, draft documents show. The draft... 

OPEC on Tuesday cut its forecast for growth in world oil demand in 2022 citing the impact of Russia’s invasion of Ukraine, rising inflation as crude prices soar and the resurgence of the Omicron coronavirus variant in China. In a monthly report,... 

How is the Russia/Ukraine war changing global energy markets? The Russia/Ukraine war has huge implications for energy markets, particularly energy policy and corporate strategies. Gas prices will remain high until 2026 at least. Europe wants to rapidly...