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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

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As nickel is used in the production of EV batteries, any sanctions placed on Russian nickel will cause EV manufacturing prices to increase further, threatening adoption and decarbonization. The evolving situation in Russia and Ukraine has already caused unprecedented increases in the price of nickel.

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Saudis Expand Price War Downstream

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The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil. In case of Saudi Arabia, the price of crude oil would be extremely low. The crude is so cheap it’s pretty much free for them, the margins are going to be massive. By offering almost 2.8 In fact, at $5.60

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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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