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...fuel production will also vary geographically depending on both demand, historic industry and availability of raw materials. We see a fair amount of concern in Europe over the repurposing of...
...drive for energy efficiency is demand destruction. With more efficient engines, demand for refinery products such as petrol continues to decrease but, until the recent recession this has been offset...
...with demand for crude expected to rise to 101 million bpd in 2025, and to hold steady to 2030. This is later projected to fall to 98 million bpd by...
...potentially, hydrogen for HGVs. “With increased electrification, the demand for liquid fuels reduces. As technology advances and demand drops, the availability of lower carbon liquid fuels will increase for those...
...80% in 2019 to around 55% to 20% by 2050. This is the first in modern history incorporating scenarios showing a continued decrease in fossil fuels demand. The rise in...
...significant demand for the growing Hydrogen Hub in the region, supporting the Council’s commitment to deliver a thriving hydrogen economy in the area, and creating the demand for more highly...
...cater to a wide array of industry needs. We find that demand can vary based on the current market trends and the specific requirements of our clients. “Some of our...
...an expected increase of 2 million b/d for demand for the year. Hittle said: “Prices are currently weighed down by expectations of slow demand growth, despite the EU oil import...
...and demand dynamics, and financing needs, according to the EIC. Speaking on the occasion of the UK’s first official Hydrogen Week – taking place on 13 -19 February 2023 –...
...recently published review into refining and fuel imports. Oil demand will reduce in the coming decades, but by 2030 the UK is still expected to consume some 50 million tonnes...
...transportation can affect oil prices due to the impact on the balance of supply and demand; if supply is limited and cannot meet demand as a result, prices generally rise....
...the UK and how it is fixed in terms of vulnerabilities to supply continuity and security and measures to try to safeguard and protect these. Supply/demand balances & compulsory holdings...
...might have had to pivot to meet demand better, shift their target audience to boost sales or combine both. Pivoting is a strategic move that you can take to ensure...
...including plans to decarbonise its activities and produce sustainable fuel there. It has been reported that the plunging demand for fuel during the pandemic has forced Essar Oil UK to...
...industries such as transport, cement manufacture and steelmaking. Interestingly, existing hydrogen demand scenarios show estimates for future use of the fuel vary between 6% and 25% of final worldwide energy...
...reducing oil demand, but some industry forecasts were acknowledging a flattening off in long-term demand last year, before the pandemic began. “All companies in the sector will be looking at...
...in demand during 2023. When demand unexpectedly dropped due to covid, OPEC+ was left with an oversupply leading to a substantial drop in price. OPEC+ are keen to maintain the...
...chain to accommodate fluctuating demand is key and we believe that we control our forecast and demand as well as anyone along with having flexibility from our refinery production to...