Industry

Growth of light product demand to stall in future: McKinsey report

McKinsey copyDemand for light product (gasoline, diesel/gasoil, jet/kero, including biofuels) is expected to level by the mid-2020s, suggests a research report released by McKinsey & Company

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AVEVA wins 2021 Microsoft Energy Partner of the Year award

Microsoft AVEVAAVEVA, a specialist in industrial software driving digital transformation and sustainability, has won the 2021 Microsoft Energy Partner of the Year Award and was also named the finalist of 2021 Microsoft Sustainability Changemaker Partner of the Year Award

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Axora announces finalists of global cost-saving technology challenge

mining and metal and oil and gasAxora, the digital solutions marketplace for industrial innovators, has announced the seven finalists in its global Cost-Saving Technology Challenge that aims to help firms impacted by recent budget cuts due to a variety of factors including the global pandemic, slump in demand and price wars

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McKinsey urges oil and gas refiners to take action

oil and gas refinersMcKinsey & Company has predicted that demand for light product including gasoline, diesel/gasoil, jet/kero etc, which largely drives refining utilisation, will plateau by the mid-2020s – even in the case of a delayed energy transition

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ProSep wins two multi-million-dollar contracts in Middle East

MAX HEM 1ProSep, a global environmentally friendly solutions provider aiming to reduce chemical usage, and provide safe and clean water, has announced the award of two multi-million-dollar contracts for that will lower the use of harmful chemicals in gas oil separation plants in the Middle East

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