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The IEA Sees The End Of Oil And Gas Investment (But Don't Bet On It) forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Air France-KLM launches first long-haul flight with eco-fuel 18 May, 2021 11:30 PM 3 minutes to read Other Air France-KLM sent into the air what the company called its first long-haul flight powered by sustainable aviation fuel - petroleum mixed with a synthetic jet fuel derived from waste cooking oils. The fuel used for the Paris-to-Montreal flight is part of efforts by the industry worldwide to experiment with alternative sources as regulators and governments tighten emissions rules for the coming decades. Other airlines and plane-makers are also experimenting with using varying levels of biofuels or different kinds of sustainable fuel. The passenger jet took off with sustainable fuel making up 16 per cent of its supply for the journey. Air France-KLM announced its initiative by the tarmac at Charles de Gaulle Airport in Paris. Joining France-KLM CEO Benjamin Smith at the event were Total oil company CEO Patrick Pouyanne and Airbus President Guillaume Fau ....
Daqing Oil worker emphasizes study, innovation By TIAN XUEFEI and ZHOU HUIYING in Harbin | China Daily | Updated: 2021-05-17 08:37 Share CLOSE Liu Li repairs a valve at Daqing Oilfield in Heilongjiang province. [Photo provided to China Daily] Six months later, Liu Li still feels a thrill when she remembers the moment she received the National Role Model Worker medal at a gathering in Beijing s Great Hall of the People in honor of model workers and other exemplary individuals last November. In fact, the industrious 47-year-old has received a number of awards for her work ethic, professionalism and technical innovations since joining the second oil extraction plant at the Daqing Oilfield Company, a subsidiary of the China National Petroleum Corp, in 1993. ....
Wholesale inflation rises to 10.5% in April May 17, 2021 Inflation for crude petroleum and natural gas, and mineral oils surges during the month Wholesale inflation surged to double digit at 10.5 per cent in April. This is quiet contrary to retail inflation which dropped to 4.29 per cent in April, which is three months low. Experts feel that with latest number, possibility of any interest rate cut by Monetary Policy Committee (MPC) has waned further. Wholesale rate of inflation was 7.39 per cent in March and negative 1.57 per cent in April last year. “The annual rate of inflation in April 2021 is high primarily because of rise in prices of crude petroleum, mineral oils viz petrol, diesel etc, and manufactured products as compared to the corresponding month of the previous year,” a statement by the Commerce & Industry Ministry said on Monday. Wholesale inflation, based on Wholesale Price Index (WPI), is also known as factory or producers’ inflation. It ....
Governor Ifeanyi Ugwuanyi at the scene of the accident An accident involving a petroleum tanker at Ekulu Bridge, Abakpa Nike, Enugu East Local Government Area, claimed one life on Saturday. According to an eyewitness who pleaded anonymity, the tanker fully loaded with petroleum product lost control and fell into a ditch. When contacted, the Executive Secretary, Enugu State Emergency Management Agency (SEMA), Mrs Nkechi Eneh, confirmed the incident. Eneh said that the SEMA team promptly responded to the distress call in order to apply safety measures toward safeguarding lives and property. She said that the state government provided a crane and manpower for the removal of the vehicle, evacuation of the product and reopening of the road for vehicular and human movements. ....