SustainableFuel

China's Gasoline Demand Set to Decline Rapidly from 2025, According to Sinopec

4 days ago

In a striking revelation that could reshape the global oil market, Sinopec, one of China's largest oil refiners, has forecasted a significant decrease in the nation's gasoline demand starting from 2025. This projection, made public in a recent corporate report, marks a pivotal shift in the world's largest importer of crude oil, stirring concern among energy analysts about the implications for global oil prices and supply chains.

Brazil's Ethanol Producers Surge Following Petrobras Joint Venture Announcement

1 month ago

In a significant boost for the Brazilian ethanol industry, local producers are experiencing a rally spurred by Petrobras's newly announced plans to establish a joint venture. This strategic move involves collaborating with sugar and ethanol producer Grupo São Martinho, marking a pivotal moment in the sector's efforts to solidify its position in the renewable energy landscape.