Engineering

The single oil spill that can disrupt the global energy supply

Over the last year, the world's energy market has been highly volatile. The warmer-than-average winter in Europe helped avoid a gas crisis this year, but the forecast for the next winter is unclear as instabilities persist. ...

Business

Honeywell to pay $160 mn to settle US, Brazil bribe case

US industrial giant Honeywell will pay $160 million to settle criminal and civil probes in Brazil and the United States over bribes in order to win business from two national oil companies, the government said Monday.

Automotive

Italian EV startup takes on US, Chinese rivals with design

Elon Musk's Tesla paved the way nearly two decades ago. Now, the global transition to fully electric vehicles is littered with startups, inspired by a new era in mobility and drawn by the lower cost of building EVs compared ...

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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