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Oil Industry Faces Huge Worker Shortage

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The rig count has rebounded from the lows seen in late May, a small indication that oil companies in the US could begin drilling anew. Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies.

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NIO and Sinopec enter strategic partnership; launch of inaugural Gen2 battery swap station

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Over the next few years, Sinopec plans to deploy 5,000 battery charging and swapping stations. In March 2021, Nio announced that it had completed 2,000,000 battery swaps using its first-generation swapping stations.

Batteries 413
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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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Based on visual interpretation of high-resolution (30 m) satellite images, a new study in the journal Global Change Biology: Bioenergy determined that industrial plantations covered over 3.1 When peat swamps are drained for agriculture, the peat begins to decompose, and is an enormous source of carbon emissions. Earlier post.).

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SwRI develops device to test friction, wear associated with EV fluids

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The electrification of the automotive industry has accelerated over recent years, with future projections showing an exponential growth in market share for both light and heavy-duty applications. The new tool adds to SwRI’s testing capabilities and allows the lubricant industry to efficiently test and optimize lubricant formulation.

DC 284
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Opinion: Global Oil Supply More Fragile Than You Think

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Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. Now a prevailing sense that oil prices may stay lower for longer has hit the markets. In other words, oil traders are now feeling much gloomier about oil prices several years out than they were at the beginning of 2015.

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Mahle showcasing new SCT motor at IAA Transportation

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MAHLE achieved the necessary technological leap for the SCT electric motor by using an innovative, integrated oil cooling system. Its offerings range from pedelecs and e-scooters to passenger cars and delivery vans, as well as heavy-duty commercial vehicles, off-road vehicles, and industrial applications. Fuel cell peripherals.

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Neste Oil joins aireg to promote the deployment of biofuels in aviation

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Neste Oil has joined the Aviation Initiative for Renewable Energy in Germany (aireg), which advances the development and deployment of renewable liquid fuels in aviation. —Neste Oil Vice President Kaisa Hietala, responsible for market development. —Neste Oil Vice President Kaisa Hietala, responsible for market development.

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