nogtec.com - Nogtec - The All-in-One Africa Oil & Gas Website

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By Neil Collins You may have noticed that the big oil companies had rather a good time last year. They could hardly fail to make bonanza profits given what was happening to the price of their principal products. Shares in both Shell and BP were among the best UK performers of 2022, and portfolio managers …

By Cyril Widdershoven The global oil sector is reeling from a combination of negative oil prices, storage overload, demand destruction, and calls for a renewable energy revolution in the post-COVID-19 era. US and European oil market analysts appear to be pinning their hopes on a rebound in oil demand from Asia. Even international financial institutions, …

By Jon LeSage | – The hydrogen fuel cell market has a serious player emerging in South Korean automaker Hyundai Motor Corp., which is jumping into the hydrogen truck market to compete with Nikola, Toyota, and Tesla’s Cybertruck and Semi. Hyundai and Yeosu Gwangyang Port Corp. are partnering to commercialize hydrogen fuel-cell trucks in South Korea. An agreement between the automaker …

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