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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

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China already has a strong position in the battery metal supply chain, and buying Russian nickel on the cheap as a result of sanctions would further strengthen its globally competitive position. —Daniel Clarke, Analyst specializing in batteries on the Thematic Research Team at GlobalData.

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MAN propane-fueled ME-LGIP to power Chinese VLGC

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With a viable, convenient and comparatively cheap fuel already onboard, it makes sense to use a fraction of the cargo to power the vessel with an important, side-benefit being its positive, environmental performance. MAN Energy Solutions expects strong demand for the ME-LGIP engine from VLGCs and coastal vessels.

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Saudis Expand Price War Downstream

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The crude is so cheap it’s pretty much free for them, the margins are going to be massive. Given current market conditions, the Asian demand for diesel has reduced mainly due to the weakening Chinese market, while demand for gasoline is increasing in India, Pakistan, Thailand, the Philippines and Vietnam.