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Shifts in resid markets provide potential margin uplift for refiners

McKinsey

In the second half of 2015, the price of residual fuel oil (resid) declined markedly relative to crude. If sustained, it could result in growing margins for complex refiners.

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Decarbonization – The titanic challenge of our times 

Yokogawa

Nevertheless, there are some limitations concerning electrification when we look at: IndustryFor energy-intensive processes (above 200C), we need to look for alternatives, as electricity will not be able to provide enough heat sustainably. So, what and how we process is setting the limits of what is good or bad.

Energy 52
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Five Trends Defining the Future of Energy Flexibility

True Energy

Gain insights into leveraging new technologies and adapting to regulatory changes to advance grid modernization and sustainability efforts in the energy sector. That number is nearly double the total 2015 electric load. Energy flexibility requirements are set to double in the EU between now and 2030.

Energy 52
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What 2024 Taught Us: From Offshore Discoveries to Net Zero Ambitions, What Mattered Most

Rextag

ExxonMobils latest discovery at Guyanas Stabroek block expanded its tally to over 30 discoveries since 2015. While progress was made, affordability, security, and sustainability challenges highlighted the need for balanced, inclusive solutions. The events of 2024 underscored the complexity of the energy transition.