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SUVs accounted for 48 per cent of global car sales in 2023, reaching a new record and further strengthening the defining automobile trend of the early 21st century – the shift towards ever larger and heavier cars. There are various…

An integrated energy, fuel, raw material, and chemical company, OMV, based in Vienna, is transforming into a leading company in sustainable fuels while playing a key role in the circular economy. The company is going through an important transformation to…

The Council today adopted a regulation on tracking and reducing methane emissions. It is part of the ‘Fit for 55’ package. The regulation introduces new requirements on measuring, reporting and verifying methane emissions in the energy sector. Mitigation measures, such…

Within technological engineering, one of the narrower disciplines is called materials engineering – an area whose focus is understanding the various characteristics of materials to create new materials with improved properties to make them more resistant, stronger, more durable, more…

The chemical industry is an important segment of the global economy because it employs more than 15 million people worldwide and has global annual revenues of 5.7 trillion dollars, according to data from the Planet Tracker analytical centre. We could…

In May 2022, the European Commission launched the REPowerEU Plan in response to war in Ukraine and its use of energy resources as an economic weapon. The Plan’s main objectives were to save energy, diversify energy supplies, and produce more…

The decarbonization of heavy industry is one of the biggest challenges in fighting climate change because this sector consumes huge amounts of energy. For this reason, the use of fossil fuels is still the most cost-effective. The industrial sector is…