The nation of 1.3 billion people can make at least 2 million tons of biodiesel annually by processing used cooking oil from restaurant chains, says the head of an Indian government panel that’s looking at the potential for fuels derived from plants.
A group of gunmen blew up a bomb at the Bai Hassan oil field in Iraq’s northern province of Kirkuk on Wednesday, China’s news agency Xinhua reported, citing a provincial police chief
The Nigerian oil industry risks sinking deeper into crisis in the months ahead with more disruptions to oil output and exports as the government’s dialogue with militant groups has failed to curb violence in the Niger Delta.
The first commercial planes in Africa to use biofuels carried 300 passengers between Johannesburg and Cape Town on July 15.
With the balancing forces of natural gas infrastructure development in China and an insipidus drop in NGV sales last year, the air in the building was of cautious optimism that NGVs will soon come to have a second spring.
One of the biggest mysteries in the oil market resides in the war-torn nation of Libya.
Move over Tesla, the 1970s is here and it wants its legacy back. The headline isn’t wrong; the car above really is the fastest road-legal electric vehicle in the world.
“Energy poverty comes at a high cost,” says Prof. Ahmed Rahnema, holder of the Fuel Freedom Foundation chair at IESE. Along with Yossie Hollander, the foundation’s chairman, he shares how the solution includes generating knowledge and getting local businesses involved.
Europe is dependent on foreign and often geopolitically unstable regions such as Russia, Libya and Iraq for 80% of its imported oil, according to a report.
Saudi Arabia has a big advantage because its oil is cheap to produce and largely unregulated. The same cannot be said about the United States, where the shale oil industry is being slowly asphyxiated by the collapse in oil prices over the last two years.
