Sat.Jan 11, 2025

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Hydrogen Hybrid Power NASA

Energy Central

Aviation

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Rising Oil Prices: A Pre-Inauguration Frenzy or Market Reality?

Crude Oil Futures

Oil prices have been on the rise just 10 days before the inauguration of the second Trump administration. The energy markets that thrive on speculations and sentiments usually fail to gauge the combination of the latter in order to come up with a reliable forecast in the long run; in this context, the current rally will not spell out a booming oil markets in the coming months, despite the hype.

Oil 52
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Breakthrough for methanol could start in Leuna

Energy Central

E Methanol Methanol, an important basic chemical in the chemical industry and a potential alternative to diesel, is currently mainly produced from fossil fuels such as natural gas. The French energy group Total produces around 700,000 tonnes of methanol annually at the Leuna Chemical Park alone. Leuna has been the centre of fossil methanol production in Europe for over a century.