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U.S. plans to release another 20 million barrels of oil reserves
Time of Update: 2022-09-26
S. government said that as part of its policy to reduce inflation, in order to support supply and stabilize oil prices, the United States will sell more than 125 million barrels of oil on the basis of the strategic oil reserve.
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EU governments reach deal on gas rationing this winter
Time of Update: 2022-09-26
On July 26th, Brussels, Belgium, European Union Energy Commissioner Kadri Simsson attended the emergency meeting of EU energy ministers .
(Photo courtesy of Vision China) On July 26th, Brussels, Belgium, European Union Energy Commissioner Kadri Simsson attended the emergency meeting of EU energy ministers .
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Continental Tire Holds New Energy Vehicle Tire eContact Launch Conference in Hainan
Time of Update: 2022-09-26
Recently, the German Continental Tire held a new energy vehicle tire eContact launch conference in Hainan and a test drive trip to Hainan .
Recently, the German Continental Tire held a new energy vehicle tire eContact launch conference in Hainan and a test drive trip to Hainan .
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Fuller's revenue and profit doubled in the first half of the year
Time of Update: 2022-09-26
. Compared with the same period last year, although Fuller’s overall revenue and net profit both increased in the first half of the year, net profit declined slightly in the second quarter .
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Empowering "Carbon" Lutron Green Future
Time of Update: 2022-09-26
. Huntsman executives talk about helping China's low-carbon transitionHuntsman executives talk about helping China's low-carbon transition On July 26, Huntsman Group released the 2021 Sustainability Report entitled "Lighting the Future: Helping Achieve Sustainable Development", which comprehensively expounded the positive achievements of Huntsman Group in the field of sustainable development in the past year.
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Towards "zero carbon" - Covestro executives talk about the new development of Shanghai integrated base
Time of Update: 2022-09-26
Adhere to the cycle towards "zero carbon"Adhere to the cycle towards "zero carbon" Adhere to the cycle towards "zero carbon" When asked about the future development direction of the Shanghai base, Chen Yun, head of operations in the Asia-Pacific region of Covestro's functional materials business unit and general manager of the Shanghai Integrated Base, said: "The third decade will be a new stage of the base's development.
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Earnings exceed expectations, oil service giants basically maintain optimistic forecasts
Time of Update: 2022-09-26
The performance of the Big Three in the first half of the year was good Schlumberger, the world's largest oil service company, has achieved a beautiful report card in the second quarter of 2022, and its profitability has risen to a higher level than the first quarter, and its growth rate has doubled year-on-year .
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PetroChina International Corporation's operating performance hit a new high
Time of Update: 2022-09-26
At the same time, the company completed the export task of refined oil products in the first half of the year with high quality and efficiency, and the implementation rate of the export plan reached 100% .
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Linde Gas Northeastern University signed a school-enterprise strategic cooperation agreement
Time of Update: 2022-09-26
The low-carbon sustainable transformation of the industry provides exemplary application results On July 21, Linde announced that the company signed a strategic cooperation agreement with the Industrial Technology Research Institute of Northeastern University.
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The second half of the global olefin market is uncertain
Time of Update: 2022-09-26
. In Europe, slow regional economic growth and high inflation are expected to lead to weaker demand for polyolefins in the second half of the year and a slowdown in the olefins market .
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IEA slashes global gas demand forecast
Time of Update: 2022-09-26
Rapidly developing and implementing a clean energy transition policy will help ease price competition and allow price-sensitive emerging markets access to natural gas supplies, resulting in rapid improvements in air quality and carbon intensity, the IEA said .
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Linde builds "spontaneous green power" project in China
Time of Update: 2022-09-25
Power supply” to ensure the stable supply of packaged gas for local large-scale enterprise customers According to the introduction of Linde, at present, Linde Qiangsheng uses solar energy to generate electricity on site, which can provide 90% of the peak load of green solar power for the site, realizing the "self-production and self-use" of the power required for operation and the "green" with zero carbon footprint.
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Bohai Drilling International Market Won "Praise"
Time of Update: 2022-09-25
(Photo courtesy of the company) Sinochem News News on July 14th, news came from PetroChina Bohai Drilling Company that in the first half of this year, Bohai Drilling provided excellent projects for Party A in various countries in the international market, which were widely praised and received a total of 33 commendations.
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South Korean government unveils new energy plan
Time of Update: 2022-09-25
1 percent in 2021 to 30 percent in 2030, reversing the phasing out of nuclear energy proposed by former President Moon Jae-in To help reduce fossil fuel consumption, South Korea will increase the share of nuclear energy in the country's power mix from 27.
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Europe calls for sustainable aviation fuels
Time of Update: 2022-09-25
The European Commission's proposal only allows the use of e-fuel and EU-regulated feedstock biofuels as SAF, while the European Parliament's proposal adds renewable energy and hydrogen to this .
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S&P Global: Aromatics market remains volatile
Time of Update: 2022-09-25
. Strong demand for gasoline blending has boosted aromatics value chain prices in recent months, while supplies of aromatics from reformate and steam cracking have generally been weak, according to S&P Global .
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IEA: Global naphtha demand plummets
Time of Update: 2022-09-25
The latest July oil market report released by the IEA shows that global demand for naphtha fell sharply in March this year, down 480,000 tons per day compared with February and 370,000 tons per day compared with March 2021 .
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European gas diversification takes initial effect
Time of Update: 2022-09-25
However, judging from the current actions of European market participants, the EU and European countries, natural gas diversification has become the consensus of all parties, and the process will continue with initial results .
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Global Renewable Energy Generation Equipment Cost Reduction
Time of Update: 2022-09-25
According to a report released by the International Renewable Energy Agency (IRENA) recently, about two-thirds of the world's new renewable energy power generation facilities in 2021 will cost less than the cheapest G20 coal-fired.
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Shell CEO: Energy demand in parts of Europe limited
Time of Update: 2022-09-25
Continental Europe could be bracing for a "very difficult" winter due to factors such as geopolitical conflicts, requiring limited energy supplies and the prospect of sharp price increases, Shell Chief Executive Officer (CEO) Van Beurden said.
