China cuts crude oil imports due to falling fuel demand
Along with the imported volumes, the utilization of the Chinese refining capacity also decreased: in 2023, the total refining output ...
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Tag: Internal Combustion Engines
Demand for gasoline in China falls due to electric vehicle adoption
The situation is also affected by non-fuel factors, including the slowdown in the Chinese economy. According to the October forecast ...
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China and India to provide at least half of global refinery capacity increase
The largest project in China will be the new Yulong Refinery with a capacity of 400,000 bpd, which is slated ...
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Crude oil demand unlikely to peak before 2030, Rystad Energy predicts
The photo is sourced from Zee Business Ground transport remains the largest segment of the oil market. Rystad Energy estimates ...
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ICE vehicles still dominate in car sales in OECD countries
The growth in the popularity of hybrids and EVs is to a great extent underpinned by the growth of their ...
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New generation gas turbines improve efficiency of power generation at CHPPs – research
The photo is sourced from electrek.co Overall, there are four types of power generation facilities operating in the USA: the ...
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