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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

Green Car Congress

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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Mercedes-Benz Trucks launching 3rd generation of OM 471 heavy-duty diesel

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For example, the geometry of the piston recess, the injection nozzle design and the parameters of the cylinder head relevant for gas exchange were subject to an extensive optimization process. Reduced friction losses and pressure control with low-viscosity oil. Newly-developed exhaust gas aftertreatment system.

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There’s Only One Kind Of “Just” Transition I Want To See

Creative Greenius

Oil, gas and coal workers have all known for more than a dozen years that their work was helping to destroy people’s health and well being. So the justice I want to see is first, second and third for the victims in the sacrifice zones created by the oil, gas and coal companies. None of them are innocent bystanders.

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Shell introduces new lifecycle approach to cut carbon footprint of aviation lubricants

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Shell Aviation has introduced a new lifecycle sustainability approach for its AeroShell aviation lubricants to avoid, reduce and then compensate for lifecycle carbon emissions, improving aircraft performance while helping customers meet their net-zero greenhouse gas (GHG) or carbon emissions ambitions.

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Big Oil Betting On Electric Vehicles

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Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.

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Neste-led project verified 50% methane emission reduction at palm oil mills using belt filter press

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Crude palm oil is one of the more than ten renewable raw materials that Neste uses to produce a range of renewable products, including renewable diesel. Palm oil represents approximately 20% of Neste’s renewable raw material usage annually. Increased pressure is created as the belt passes over rollers which decrease in diameter.

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The New Oil Cartel Threatening OPEC

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When reports emerged that India and China are in talks about forming an oil buyers’ club , OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. The timing is right. The boom in U.S.

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