Morning Brief (ET Bureau)
Rachita Prasad | 22:25 Min | February 26, 2021, 8:00 AM IST
Reliance Industries is carving out its oil-to-chemicals business into a separate company as it looks to build a “New Reliance.” Joseph Chang, Global Editor at Independent Commodity Intelligence Services (ICIS), and Harshvardhan Dole, VP at IIFL, discuss what’s ahead for the conglomerate’s monetisation plans, challenges to the reorganisation and what shareholders should expect.
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Ukraine can play key role in Europe’s energy Green Deal UkraineAlert by Aura Sabadus
The International Renewable Energy Agency (IRENA), World Bank, and EU have all argued that Ukraine could become a world leader in renewable production. (Patrick Batard/ABACAPRESS.COM via REUTERS)
Ukrainian oil and gas giant Naftogaz has unveiled its strategy to 2025, identifying the need to achieve carbon neutrality as one of its three long-term objectives. This vision, and in particular the company’s declared interest in pursuing projects aligned with the EU’s green targets, should start a much-needed domestic debate about Ukraine’s options and how these would fit within Europe’s push for net zero emissions by 2050.
Uzma Bhd's share price climbed to an 11-month high of 76.5 sen this morning following news that the upstream support service provider has been granted two licences by the Energy Commission (EC) to import liquefied natural gas (LNG) into the country.
Covid-19 Impact on Base Oil Market Size, Sales, Share and Forecasts by 2030
Base oil market was valued at ~US$ 34 Bn in 2019 and is anticipated to expand at a CAGR of ~2% during the forecast period, Rise in production and sale of automobiles is a major factor driving the global market
tmrFebruary 1, 2021
Base Oils Fortified with New Additive Combinations for Excellent Anti-wear Performance
There is a growing demand for ultra-high viscosity lubricants that are extensively used in heavily loaded, low speed open gears. This is evident since industrial oils are estimated to account for the second-highest revenue among all applications in the base oil market, where the global value is anticipated to reach ~
Ukraine’s historic gas sector reforms are under threat UkraineAlert by Aura Sabadus
The transformation of Ukraine s gas sector is widely seen as one of the relatively few reform success stories since the country s 2014 Revolution of Dignity. Recent political decisions are now placing this progress in doubt. (Gareth Fuller via REUTERS)
Since 2014’s Euromaidan Revolution, Ukraine has introduced comprehensive gas sector reforms that have attracted attention not only in Western capitals but also across Eastern Europe. This international interest is understandable. Within the space of just five years, Ukraine’s gas sector ceased to be a source of widespread corruption and became a model for neighboring countries seeking to reform their own energy industries.