Page 6 - Downstream Operations News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Investors don’t have to guess, explains Julian Emanuel, chief equity and derivatives strategist at BTIG. A stock with a high short interest may pop after earnings because numbers that elicit a shrug could be enough to put upside pressure on a stock—and force short sellers to buy back their borrowed stock. Earnings revisions—the changes analysts are making to their estimates—are also a good way to judge whether a company faces high or low expectations. If revisions have been rising, the bar might be high, while lowered estimates could mean it’s easier for a company to clear it. Fina...

By Solomon Asowata The year 2020 has undoubtedly been one of the most difficult years for the oil and gas industry globally in the last few decades. It saw the Coronavirus pandemic grip nations across the globe, necessitating countries and states to lock down their borders for some time, thereby preventing movement of persons, goods and services for months unless under special circumstances. This restriction of movement affected many sectors of the economy, but one of the worst hit was the oil and gas industry which fuels mobility of mankind and businesses across the globe. With a sharp drop ...

20.12.2020 OMV: OMV, the integrated, international oil, gas and petrochemicals company headquartered in Vienna, currently investing in the Schwechat Refinery so it will be able to substitute large quantities of fossil diesel with biodiesel in an innovative co-processing approach. With this process, the hydrogenated vegetable oil should lead to an annual reduction in OMV’s carbon footprint of up to 360,000 metric tons of fossil CO2. This is equivalent to the annual emissions of around 200,000 cars driving an average of 12,000 km per year. The product meets the highest quality standards and c...

OMV invests €200M in biofuel production New production at Schwechat Refinery will convert up to 160,000 metric tons of liquid biomass into carbon-neutral fuels. Last update: December 18, 2020 Austrian oil company OMV will invest around €200 million in the Schwechat Refinery to substitute large quantities of fossil diesel with biodiesel in an innovative co-processing approach. With this process, the hydrogenated vegetable oil should lead to an annual reduction in OMV’s carbon footprint of up to 360,000 metric tons of fossil CO2. This is equivalent to the annual emissions of around 2...

OMV invests around EUR 200 mn in biofuel production at Schwechat Refinery édité le 16/12/2020 - Plus de news de "OMV" - Voir la fiche entreprise de "OMV" OMV, the integrated, international oil, gas and petrochemicals company headquartered in Vienna, is committed to the Paris Agreement and EU climate targets and has set itself ambitious climate goals. OMV has pledged to reach net-zero emissions in operations (Scope 1 and 2) by 2050 or sooner. On its long-term path to net zero, OMV has set concrete interim targets: By 2025, at least 60% of the product portfolio should consist of natural gas a...