42SCIENCE
⚡ Markets: A breakthrough in refining efficiency would be a major long-term disruption, boosting margins for adopters and potentially lowering refined product prices. This could negatively impact less efficient legacy refineries.refining_stocks
Researchers in China report they have developed a new technique for refining crude oil that could reduce the energy required by approximately 90%. If scalable, the technology could significantly lower production costs and the carbon footprint of the global refining industry.
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