Business

Plane speaking: IEA says aviation to hold back oil recovery

Demand for petrol and diesel is set to heal by the end of the year but the coronavirus crisis is likely to leave scars on the airline industry and the oil market, the International Energy Agency said on Tuesday.

Energy & Green Tech

Virus sparks record drop in energy investment: IEA

The energy industry is set to suffer a record drop in investment due to the coronavirus fallout, the IEA said on Wednesday, and while renewables are likely to fare better than oil, any swift economic recovery could create ...

Hi Tech & Innovation

Mazda files patent for hybrid rotary engine (Update)

Rotary engines that once powered the gorgeous Mazda RX-7 two-seater, rear-wheel drive coupe—a five-time winner of a coveted spot on Car and Driver's Ten Best autos list—were phased out by 2012. Their popularity in the ...

Energy & Green Tech

Co-combustion of wood and oil-shale reduces carbon emissions

Utilization of fossil fuels, which represents an increasing environmental risk, can be made more environmentally friendly by adding wood—as concluded based on the preliminary results of the year-long study carried out by ...

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Oil

An oil is a substance that is in a viscous liquid state ("oily") at ambient temperatures or slightly warmer, and is both hydrophobic (immiscible with water) and lipophilic (miscible with other oils, literally). This general definition includes compound classes with otherwise unrelated chemical structures, properties, and uses, including vegetable oils, petrochemical oils, and volatile essential oils. Oil is a nonpolar substance.

The term oil is often used colloquially to refer to petroleum.

This text uses material from Wikipedia, licensed under CC BY-SA