December: Coal demand to remain flat to , resulting in a decade of stagnation
Oil demand will remain robust through , and the United States will will be able to meet higher demand through , the energy policy adviser said. use advanced technology to squeeze oil and natural gas from rock formations. About half of that growth is projected to come from China and India. Tracking Clean Energy Progress Are the sectors and technologies critical to the How will the electricity market of the future work? on Communications, Climate Action and Environment meeting Dublin, Irlande . Energy & Development in Sub-Saharan African Resource-Rich CountriesIEA India Energy Outlook Meeting on the neutral global platform that the IEF provides to strengthen international Modi, Prime Minister of India inaugurated the IEF16 Ministerial Meeting. sector shall continue to provide around three-quarters of energy demand in , President of the OPEC Conference ; H.E. Rick Perry.
She also highlighted the relationship between various technical parameters like friction, wear rate, viscosity and oil film thickness in the choice of the right lubricant for the application.
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He talked about the impact of design culture and attention to finer details in his career spanning over 4 decades in the development of sports cars and concept vehicles. His passion for motor sport started very early and was involved in developing varied models in South Africa till He then moved to the UK and joined Brabham.
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His association with Shell has been for a very long period in developing varied innovative lube systems including the dry sump gear box- oil taken out of transmission, cleaned and pumped back to the required points. That is why we have been working closely with Shell as technical partners since Rick Finn, Corporate Strategy team of Infineum UK, a world leader in many of the products in its supply program spoke about his company being involved in the manufacture of additives used in lubricants and fuel; and the same playing a supportive role in contributing for the fuel efficiency exercises of companies like Shell.
Following the main speakers, there was a panel discussion moderated by Mr. Apart from the role of lubricants in contributing indirectly to the energy challenge and the choice specific to the Indian conditions, interesting points concerning the role of lube domain players in the context of new developments for mobility like electric cars were raised and discussed.
Panel members opined that the initiatives are to be welcomed but they did not see any serious threat to IC engines in terms of performance and economy factors in the near future; and hence their focus would be address the fuel efficiency and emission challenges. Mansi Madan Tripathy, CMO, Shell Lubricants, during her closing remarks mentioned that it was about the right time to collaborate for addressing the energy challenges that affect even a common man on the road; and a degree approach was important.
Sundararajan T, HOD Mechanical, IIT Madras, proposed the vote of thanks bringing to an end a day of stimulating deliberations on energy challenges confronting every nation, cutting across diverse cultures, business ethos and environments.
Nitin Prasad, Country Head, Shell Lubricants India Following the curtains down on an interesting energy challenge program, we managed to squeeze in a time slot amidst the packed schedule of Mr.
16th International Energy Forum Ministerial - IEF16 | IEF
Nitin Prasad, Country Head, Shell Lubricants, to get his observations on the deliberations and the role of Shell in India — read on for the excerpts from the engaging interactions: Can you brief us about the entry of Shell into India, initial years, business metamorphosis and the journey milestones?
After the exit in mid s following nationalisation of oil companies, Shell made its re-entry in collaborating with BP for the supply of lubricants and there has been no looking back since then. There are several milestones in the growth story and to pick-up a few may be a difficult task. Shell India has been manufacturing lubricants since at the state of the art lube oil blending plant at Taloja, near Mumbai.
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Tell us about your operational set-up, products for the market in general and CV sector in particular. Shell is a major private sector supplier of crude products and chemicals to India. With over 3, staff in the country, Shell has a significant technology center, a financial business services center and operates an LNG receiving and re-gasification terminal.
It has also a downstream business marketing fuels, lubricants and specialty products. Shell Lubricants India has the corporate office in Gurgaon, 6 regional offices and about distributors across the country to meet the customer requirements. Rimula R4 range CI-4 Plus oil launched recently is being positioned for this new development and we expect customers to shift to this in future.
Apart from the mineral oil lubricants, we have a full range of synthetic, semi-synthetic oil lubricants. Heads of Delegation at the IEF Delegates took note of the contributions by the OPEC Fund for International Development OFIDand the Gas Exporting Countries Forum GECFacknowledging that global agreements on shared goals, and energy access concluded under the aegis of the United Nations inare in the early phases of implementation and that despite progress, collective efforts must be stepped up to achieve universal energy access and alleviate energy poverty by IEF16 delegates focussed on the limited volume of upstream oil and gas sector investments as a consequence of the downward price cycle, and the risks and opportunities that new unconventional production resilience brings to the stability of oil and gas markets globally.
Ministers and industry leaders welcomed enhanced dialogue on the role of new and existing energy producers and innovative cooperative arrangements to collectively shoulder the responsibility of maintaining oil and gas market stability and ensure investment moves forward in a timely and cost-effective manner in both short and longer cycle oil and gas projects. Delegates welcomed the rapid development of new energy technologies and the competitive disciplines a more diverse and vibrant market environment creates for the industry at large.
To ensure successful energy sector transformations, IEF16 delegates acknowledged that more dialogue is needed on new policy and technology deployment to facilitate cost-effective transitions between new and existing technologies.
Delegates recognised that failure to protect investments of existing assets in favour of new technologies will deter the effective mobilisation of capital in new projects as well.
IEF16 delegates noted that global shifts in energy demand and supply patterns, as well as rapid technology advances alter world energy market dynamics and compel corresponding governance structures including the institutional set up of the IEF energy dialogue to respond to evolving producer-consumer relations.
IEF16 delegates also acknowledged that as energy markets are governed by complexity, enhanced dialogue on probable energy pathways will improve market transparency and work to achieve shared goals together.
They noted that institutional cooperation has gone from strength to strength to make different outlook projections more comparable, raise the energy dialogue to a higher level and welcomed sharpened focus on reducing differences in historical baseline data, improving fuel type classifications and the modernisation of country classifications.