#Jet Kerosene Market

[allthebrazilianpolitics]

Petrobras raises jet fuel prices by 17 percent

Jet fuel will become 17 percent more expensive, Brazilian oil and gas giant Petrobras announced Thursday. The move comes amid discussions between airlines and the government — the company’s controlling shareholder — over how to calculate the price of aviation kerosene (QAV). 

Fuel prices are adjusted monthly to reduce volatility for airlines. As with other fuels, changes are based on international prices and foreign exchange rates in an effort to “reach a balance with international markets.”

The move could lead to higher airfares. In a statement, Brazilian airline association Abear noted that jet fuel prices have risen 37.8 percent since February 2022. Last December, the average price of jet fuel purchased in the country was nearly 45 percent more expensive than in the U.S.

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[chemanalystdata]

Jet Kerosene Prices | Pricing | Trend | News | Database | Chart | Forecast

 Jet Kerosene Prices commonly referred to as aviation turbine fuel (ATF), is a critical component of the aviation industry, serving as the primary fuel for jet engines. The price of jet kerosene is a significant factor influencing the operational costs of airlines, and by extension, the ticket prices for passengers. The fluctuations in jet kerosene prices are driven by a myriad of factors, ranging from global crude oil prices to geopolitical tensions, supply chain dynamics, and environmental regulations. Understanding these factors is essential for anyone involved in the aviation sector, from airline executives to investors, as well as for passengers who are indirectly affected by changes in fuel costs.

One of the primary determinants of jet kerosene prices is the global price of crude oil. Since jet fuel is derived from crude oil through a refining process, any increase or decrease in crude oil prices directly impacts the cost of jet kerosene. The relationship between crude oil and jet fuel prices is not linear, however, as refining costs, transportation, and distribution expenses also play a role. Additionally, the price of crude oil is influenced by various factors, including supply and demand dynamics, production levels set by the Organization of the Petroleum Exporting Countries (OPEC), and the geopolitical landscape in oil-producing regions. For instance, conflicts in the Middle East, which is home to many of the world’s largest oil reserves, can lead to disruptions in oil supply, thereby driving up prices. Similarly, economic sanctions on major oil producers can restrict supply and contribute to higher crude oil prices, which subsequently elevate jet kerosene prices.

Get Real Time Prices for Jet Kerosene: https://www.chemanalyst.com/Pricing-data/jet-kerosene-23

Another significant factor affecting jet kerosene prices is the refining capacity available globally. Jet fuel competes with other petroleum products like gasoline, diesel, and heating oil for refining capacity. During periods of high demand for these other products, particularly in colder months when heating oil demand spikes, refiners may allocate less capacity to jet fuel production, leading to tighter supply and higher prices. Additionally, the age and efficiency of refineries, as well as their geographic location, can affect production costs and, consequently, the price of jet kerosene. Refineries in regions with access to cheaper crude or more efficient processes may be able to produce jet fuel at a lower cost, influencing the global pricing landscape.

The demand for jet kerosene is another critical factor that influences its price. The demand for air travel is highly cyclical, with peak periods typically occurring during the summer vacation season and the end-of-year holidays. During these times, the increased demand for flights leads to higher fuel consumption, which can drive up jet kerosene prices. Conversely, during off-peak seasons or in times of economic downturn, when fewer people travel, the reduced demand for jet fuel can lead to lower prices. Moreover, the rise of low-cost carriers and the expansion of air travel in emerging markets have contributed to increasing demand for jet kerosene globally, putting upward pressure on prices over the long term.

Environmental regulations also play a significant role in determining jet kerosene prices. As concerns over climate change and carbon emissions have grown, governments around the world have implemented stricter regulations on aviation emissions. These regulations often require airlines to use cleaner, more expensive fuel blends or to invest in technologies that improve fuel efficiency. Compliance with these regulations can increase the cost of jet kerosene, as airlines pass on the higher costs of fuel or fuel-saving technologies to consumers. Additionally, the development of alternative fuels, such as biofuels, which are often more expensive to produce than traditional jet kerosene, could further influence pricing in the future as airlines seek to reduce their carbon footprints.

Geopolitical tensions are another factor that can cause volatility in jet kerosene prices. Political instability in key oil-producing regions, such as the Middle East, can lead to disruptions in oil supply chains, causing spikes in crude oil prices and, consequently, jet fuel prices. Additionally, trade policies and tariffs between major economies can impact the cost of importing and exporting crude oil and refined products, influencing the price of jet kerosene. For instance, a trade dispute between major oil producers could lead to tariffs on oil exports, raising the cost of jet kerosene in importing countries. Similarly, sanctions on oil-producing nations can restrict their ability to export, leading to supply shortages and higher prices.

Currency exchange rates also impact jet kerosene prices, particularly in countries that import large quantities of fuel. Since jet fuel is typically priced in U.S. dollars, fluctuations in exchange rates can affect the cost of fuel in local currencies. For example, a stronger U.S. dollar makes jet fuel more expensive for airlines in countries with weaker currencies, thereby increasing their operational costs. Conversely, a weaker dollar can make jet fuel more affordable for these airlines, potentially leading to lower prices for consumers. Exchange rate volatility can thus introduce an additional layer of complexity for airlines as they manage their fuel costs.

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[idsmgroup]

Introduction to Aviation Jet Fuel Suppliers

Aviation jet fuel suppliers are vital to the aviation industry, providing the essential fuel that powers aircraft around the globe. The quality and reliability of jet fuel are crucial for safe and efficient flight operations. This article explores the various aspects of aviation jet fuel supply, including types of fuel, production processes, and how to choose a reliable supplier.

Types of Aviation Jet Fuel

Jet A and Jet A-1

Jet A and Jet A-1 are the most common types of jet fuel used in commercial aviation. Jet A is primarily used in the United States, while Jet A-1 is used internationally. Both types are kerosene-based, with Jet A-1 having a lower freezing point, making it suitable for international flights.

Jet B and TS-1

Jet B is a naphtha-kerosene blend used in extremely cold climates due to its low freezing point. TS-1 is similar to Jet A-1 but is used mainly in Russia and the Commonwealth of Independent States (CIS).

Sustainable Aviation Fuel (SAF)

Sustainable Aviation Fuel (SAF) is an emerging alternative to traditional jet fuel. Produced from renewable sources, SAF offers a significant reduction in carbon emissions, making it a critical component in the industry's efforts to achieve sustainability goals.

Key Processes in Jet Fuel Production

Refining Crude Oil

The production of jet fuel begins with refining crude oil. This involves distillation, where crude oil is heated and separated into various fractions, with jet fuel being one of the middle distillates.

Quality Control Measures

Quality control is paramount in jet fuel production. Rigorous testing ensures that the fuel meets stringent specifications for properties such as flash point, freezing point, and energy content.

Blending for Performance

Blending is used to achieve the desired performance characteristics of jet fuel. Additives may be included to enhance properties like thermal stability and lubricity.

Choosing an Aviation Jet Fuel Supplier

Key Factors to Consider

When selecting a jet fuel supplier, consider:

Reliability: Can the supplier guarantee a steady supply of high-quality fuel?

Quality: Does the fuel meet or exceed industry standards?

Pricing: Are the prices competitive and transparent?

Service: What kind of support and additional services does the supplier offer?

Evaluating Supplier Reliability

To evaluate a supplier's reliability, review their history of performance, customer feedback, and logistical capabilities. Assess their ability to manage supply chain disruptions and maintain consistent delivery schedules.

Benefits of Reliable Jet Fuel Suppliers

Consistent Supply

A reliable jet fuel supplier ensures a consistent supply, which is crucial for uninterrupted flight operations and schedule adherence.

Quality Assurance

High-quality jet fuel is essential for optimal engine performance and safety. Reliable suppliers adhere to stringent quality standards, providing fuel that meets all necessary specifications.

Cost Efficiency

A dependable supplier offers cost efficiencies through competitive pricing, bulk purchasing options, and strategic partnerships that can reduce overall fuel expenses.

Challenges in the Jet Fuel Supply Chain

Market Volatility

Jet fuel prices are subject to significant volatility due to fluctuations in crude oil prices, geopolitical events, and changes in global demand.

Regulatory Compliance

Compliance with international, national, and local regulations is complex and costly. Suppliers must navigate environmental laws, safety standards, and trade regulations.

Environmental Concerns

The environmental impact of jet fuel production and consumption is a major concern. Suppliers must invest in sustainable practices and technologies to mitigate their environmental footprint.

Quality Standards in Jet Fuel

Industry Benchmarks

Industry benchmarks for jet fuel include specifications for purity, performance, and safety. Adhering to these standards ensures reliable and safe flight operations.

Importance of High-Quality Fuel

High-quality jet fuel is vital for engine efficiency, reducing maintenance costs, and ensuring safety. Quality issues can lead to operational inefficiencies, increased costs, and safety risks.

Environmental Impact of Jet Fuel

Emissions and Pollution

Jet fuel combustion contributes to air pollution and greenhouse gas emissions. Efforts are being made to develop cleaner fuels and improve fuel efficiency to reduce environmental impact.

Sustainable Practices

Sustainable practices in the jet fuel industry include the development and use of SAF, which significantly reduces carbon emissions and reliance on fossil fuels.

Innovations in Jet Fuel Production

Technological Advances

Technological advances such as process optimization, automation, and the use of advanced materials are transforming jet fuel production, improving efficiency and reducing environmental impact.

Sustainable Aviation Fuel (SAF)

SAF is a game-changer in the aviation industry, offering a sustainable alternative to conventional jet fuel. Produced from renewable sources, SAF can reduce lifecycle carbon emissions by up to 80%.

Cost Considerations

Pricing Structures

Jet fuel pricing structures can include fixed pricing, floating rates tied to market indices, and long-term contracts. Understanding these structures helps airlines manage fuel costs effectively.

Factors Influencing Jet Fuel Prices

Several factors influence jet fuel prices, including crude oil costs, global demand, geopolitical events, and refining capacity. Staying informed about these factors is crucial for effective financial planning.

Logistics and Distribution

Supply Chain Management

Effective supply chain management ensures that jet fuel is delivered on time and in the right quantities. This involves coordinating transportation, storage, and distribution networks.

Delivery Mechanisms

Jet fuel is transported via pipelines, tankers, rail, and trucks. The choice of delivery mechanism depends on factors like distance, volume, and infrastructure availability.

Safety and Compliance

Safety Protocols

Safety in jet fuel operations is paramount. This includes adhering to protocols for production, transportation, storage, and handling to prevent accidents and ensure fuel integrity.

Regulatory Requirements

Compliance with regulatory requirements is mandatory. Jet fuel suppliers must stay updated on international, national, and local regulations related to environmental protection, safety standards, and trade practices.

Customer Support and Service

Importance of Excellent Customer Service

Excellent customer service is a key differentiator for jet fuel suppliers. Providing prompt, efficient, and knowledgeable support can enhance customer satisfaction and loyalty.

Support Options Available

Top suppliers offer various support options, including 24/7 customer service, technical assistance, and customized supply solutions. These services help customers optimize their operations and manage their fuel supply effectively.

Future Trends in the Jet Fuel Industry

Emerging Technologies

Emerging technologies such as digitalization, automation, and blockchain for supply chain transparency are set to revolutionize the jet fuel industry, improving efficiency and reducing costs.

Market Projections

Market projections indicate that the jet fuel industry will continue to evolve, driven by demand for cleaner fuels and advancements in production technologies. Adapting to this evolving landscape will be key for suppliers.

How to Switch Jet Fuel Suppliers

Step-by-Step Guide

Switching suppliers involves several steps:

Assess Current Supplier: Evaluate the performance and cost-effectiveness of your current supplier.

Research Alternatives: Look for suppliers that meet your needs and have strong reputations.

Request Quotes: Obtain detailed quotes from potential suppliers.

Check References: Speak with other customers to gauge their satisfaction.

Negotiate Terms: Discuss pricing, delivery schedules, and support services.

Finalize Agreement: Ensure all terms are clearly documented in the contract.

Key Considerations

Considerations when switching suppliers include ensuring a smooth transition, minimizing disruptions, and maintaining or improving supply quality and service levels.

Conclusion

Choosing the right aviation jet fuel supplier is crucial for the success of any airline or aviation operation. By considering factors such as reliability, quality, pricing, and customer service, businesses can ensure a steady and efficient supply. As the industry evolves, innovations and emerging trends will continue to shape the future of jet fuel production, offering new opportunities and challenges.

[priyanshisingh]

Kerosene (JET A-1) Market Trends and Opportunities: Global Outlook (2023-2032)

The global demand for Kerosene (JET A-1) was valued at USD 254184.20 Million in 2023 and is expected to reach USD 866582.89 Million in 2032, growing at a CAGR of 14.60% between 2024 and 2032.

The global kerosene (JET A-1) market is witnessing substantial growth driven by the increasing demand for aviation fuel, advancements in refining technologies, and the expansion of the aviation industry. JET A-1, a type of kerosene, is the primary fuel used in jet engines and turboprops due to its high energy content, efficiency, and ability to perform well under a wide range of temperatures. The growing number of air passengers, along with the expansion of air cargo services, is significantly boosting the demand for JET A-1 fuel. Emerging markets in Asia-Pacific, Latin America, and the Middle East are experiencing rapid growth in their aviation sectors, which is contributing to the rising consumption of JET A-1.

Advancements in refining technologies have improved the production efficiency and quality of JET A-1 fuel. Refineries are adopting new processes and technologies to enhance the yield and purity of kerosene, ensuring compliance with stringent aviation fuel standards. Additionally, investments in refinery expansions and upgrades are enabling increased production capacities to meet the rising demand. The integration of advanced monitoring and quality control systems ensures the consistent production of high-quality fuel, which is critical for aviation safety and performance.

The aviation industry’s focus on sustainability and reducing carbon emissions is influencing the JET A-1 market. Airlines and fuel producers are exploring the use of sustainable aviation fuels (SAFs) and blending them with JET A-1 to reduce the environmental impact. Initiatives to produce bio-based kerosene from renewable sources such as biomass and waste materials are gaining traction. These efforts align with global regulatory frameworks aimed at reducing the carbon footprint of the aviation industry, such as the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).

Geopolitical factors and fluctuations in crude oil prices also impact the JET A-1 market. Political instability in major oil-producing regions, changes in trade policies, and OPEC decisions can lead to volatility in crude oil prices, which directly affects the cost of kerosene. Additionally, supply chain disruptions, such as those caused by the COVID-19 pandemic, highlight the importance of strategic reserves and diversified supply sources to ensure fuel availability and stability in prices.

The kerosene (JET A-1) market presents numerous opportunities driven by several factors such as the growth of the aviation industry, advancements in fuel technology, and the increasing focus on sustainability. Here are some key opportunities in the JET A-1 market:

1. Expansion of the Aviation Industry

The global aviation industry is expanding rapidly, especially in emerging markets such as Asia-Pacific, the Middle East, and Latin America. Increasing air travel demand, rising disposable incomes, and the growth of low-cost carriers are boosting the demand for JET A-1 fuel. This expansion presents significant opportunities for fuel suppliers to increase production and distribution capacities to meet the growing needs of commercial airlines and cargo carriers.

2. Sustainable Aviation Fuels (SAFs)

The aviation industry's push towards sustainability and reducing carbon emissions is driving the development and adoption of sustainable aviation fuels (SAFs). Blending SAFs with JET A-1 can significantly reduce the carbon footprint of aviation operations. Investments in research and development of bio-based kerosene and other renewable fuel sources are creating opportunities for fuel producers to develop and market environmentally friendly alternatives. Government incentives and regulatory support for SAFs further enhance this opportunity.

3. Technological Advancements in Refining

Advancements in refining technologies are enabling more efficient and cost-effective production of JET A-1 fuel. Innovations in hydrocracking, catalytic reforming, and other refining processes improve yield and fuel quality. Refineries that adopt these advanced technologies can gain a competitive edge by offering higher quality fuel at lower costs. This also opens opportunities for partnerships and collaborations with technology providers to enhance refining capabilities.

4. Increasing Military Aviation Activities

The military aviation sector is a significant consumer of JET A-1 fuel. Increasing defense budgets and the modernization of air fleets in various countries present opportunities for fuel suppliers to secure long-term contracts with military organizations. The development of specialized fuels for military applications, including those that enhance performance and reduce environmental impact, can further tap into this market segment.

5. Strategic Storage and Supply Chain Management

Ensuring a stable supply of JET A-1 fuel is crucial for the aviation industry. Opportunities exist in developing strategic storage facilities and enhancing supply chain management to mitigate the risks associated with geopolitical instability and crude oil price fluctuations. Companies that invest in robust logistics, storage infrastructure, and diversified supply sources can ensure reliable fuel delivery and capitalize on market demand.

6. Infrastructure Development in Emerging Markets

Emerging markets, particularly in Asia-Pacific and Africa, are witnessing significant investments in airport infrastructure and aviation facilities. The development of new airports and the expansion of existing ones create opportunities for fuel suppliers to establish new distribution networks and supply agreements. Collaborating with airport authorities and local governments can help secure a foothold in these rapidly growing markets.

7. Digitalization and Data Analytics

The adoption of digital technologies and data analytics in fuel management offers opportunities to optimize operations, improve efficiency, and enhance customer service. Implementing digital platforms for fuel monitoring, predictive maintenance, and real-time analytics can lead to better decision-making and cost savings. Companies that leverage these technologies can provide value-added services to airlines and other customers, differentiating themselves in the market.

8. Environmental Regulations and Compliance

Stringent environmental regulations aimed at reducing carbon emissions and improving air quality are driving the demand for cleaner fuels. Compliance with these regulations presents an opportunity for fuel producers to develop and supply low-emission JET A-1 fuel variants. Certifications and compliance with international standards can enhance market credibility and open up new market segments.

9. Collaborations and Strategic Partnerships

Collaborations and strategic partnerships with airlines, airports, technology providers, and government agencies can lead to innovative solutions and expanded market reach. Joint ventures and alliances can facilitate the sharing of resources, expertise, and technologies, driving mutual growth and development in the JET A-1 market.

Key Players:

Shell PLC

Exxon Mobil Corporation

TotalEnergies SE

Indian Oil Corporation Limited (IOCL)

Chevron Corporation

Allied Aviation Services, Inc.

Qatar Jet Fuel Company

Trans Oil Incorporated

Air BP Limited

Bharat Petroleum Corporation Limited (BPCL)

More About Report- https://www.credenceresearch.com/report/kerosene-jet-a-1-market

The future landscape of the kerosene (JET A-1) market is shaped by a combination of technological advancements, regulatory changes, sustainability initiatives, and evolving industry dynamics. Here are the key factors that will define the market's future:

1. Technological Innovations in Fuel Production

Advancements in refining technologies will continue to enhance the efficiency and quality of JET A-1 production. Innovations such as hydrocracking, catalytic reforming, and advanced distillation processes will enable refineries to produce higher yields of cleaner, more efficient fuel. Additionally, the development of bio-based kerosene and synthetic fuels will gain traction, offering alternatives that are more environmentally friendly.

2. Sustainability and Environmental Regulations

The aviation industry's commitment to reducing its carbon footprint will drive significant changes in the JET A-1 market. Governments and regulatory bodies worldwide are implementing stricter emissions standards and promoting the use of sustainable aviation fuels (SAFs). The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and similar initiatives will accelerate the adoption of SAFs, blending them with JET A-1 to meet emission reduction targets. This shift will create opportunities for the development and commercialization of alternative fuels, including biofuels and synthetic fuels derived from renewable sources.

3. Growth in the Aviation Sector

The global aviation industry is expected to continue its growth trajectory, particularly in emerging markets such as Asia-Pacific, the Middle East, and Latin America. Increasing air travel demand, rising disposable incomes, and the expansion of low-cost carriers will drive the demand for JET A-1 fuel. The construction of new airports and the expansion of existing ones will also boost fuel consumption. Additionally, the recovery of the aviation industry post-COVID-19 will further stimulate demand for JET A-1.

4. Digitalization and Smart Technologies

Digitalization and the integration of smart technologies will play a crucial role in optimizing fuel production, distribution, and consumption. Advanced data analytics, Internet of Things (IoT) devices, and blockchain technology will improve supply chain transparency, enhance fuel management, and reduce operational costs. Real-time monitoring and predictive maintenance will enable more efficient fuel logistics and storage, ensuring a stable and reliable supply of JET A-1.

5. Strategic Partnerships and Collaborations

Collaborations between fuel producers, airlines, technology providers, and regulatory bodies will be essential for driving innovation and meeting sustainability goals. Strategic partnerships will facilitate the sharing of resources, expertise, and technologies, leading to the development of new fuel formulations and more efficient production processes. Joint ventures will also help in expanding market reach and addressing regional supply challenges.

6. Economic and Geopolitical Factors

The future landscape of the JET A-1 market will be influenced by economic and geopolitical factors that affect crude oil prices and supply chains. Fluctuations in crude oil prices due to geopolitical tensions, trade policies, and OPEC decisions will impact the cost of kerosene. Additionally, supply chain disruptions, such as those experienced during the COVID-19 pandemic, highlight the need for diversified supply sources and strategic reserves to ensure market stability.

7. Consumer and Airline Preferences

Consumer preferences and airline strategies will evolve towards more sustainable practices. Airlines are increasingly prioritizing fuel efficiency and environmental impact in their operations. The adoption of newer, more fuel-efficient aircraft and the implementation of operational measures to reduce fuel consumption will influence the demand for JET A-1. Moreover, consumer demand for environmentally responsible air travel will drive airlines to seek sustainable fuel options.

8. R&D and Innovation

Continued investment in research and development will be critical for advancing fuel technologies and meeting future market demands. Innovations in fuel additives, enhanced refining techniques, and new fuel formulations will improve the performance and environmental impact of JET A-1. Additionally, R&D efforts focused on developing scalable and cost-effective production methods for SAFs will be pivotal for their widespread adoption.

Segmentation

By End-User Industry

Aviation

Aerospace & Defense

Transportation

By Application

Commercial Aviation

Military Aviation

General Aviation

Emergency Services

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[7hrrecuitmentuk]

Oil and Gas Industry is one of the important pillars of any organization in UK

Oil and gas are known as fossil fuels because they are formed from the decomposition and pressurization of algae, plankton and other organisms. This process forms hydrocarbons, which are compounds consisting entirely of hydrogen and carbon that are powerful combustible fuels. Oil and natural gas are major industries in the energy market and play a dominant role in the global economy as the world's primary fuel source. The processes and systems involved in producing and distributing oil and gas are highly complex, capital-intensive, and require state-of-the-art technology. Oil and natural gas are formed from decaying plant and animal remains that have been buried within the Earth's layers and subjected to heat and pressure over millions of years. These two types of fossil fuels have been the world’s primary sources of energy for decades. They have enabled advances in living standards and all areas of the economy, from residential lighting, cooking and heating to transportation and industrial production. The production of oil and natural gas are often coupled as the two are typically found together in nature. The industry is commonly divided into three main operational sectors: upstream, midstream and downstream. The product that reaches the end consumer can take several forms, including natural gas, liquefied petroleum gas (LPG), gasoline, diesel fuel, jet fuel, heating oil, kerosene, asphalt and other petrochemicals.

The oil and gas industry continues to wield incredible influence in international economics and politics – especially in consideration of employment levels in the sector, with the U.S. oil and gas industry supporting at least 10 million jobs. According to the trade association Oil & Gas UK, the industry, along with its far-reaching supply chain, is spread across Britain. So whether you want to work offshore on an oil rig or in an office at a key energy hub, there’s plenty of choice. From engineers and geologists to office-based roles in accounting and human resources (HR), employers require graduates with varying interests and from many different academic backgrounds. You could be a chef supporting the workforce on an oil rig; you could work on sustainable energy futures, climate change and international development for an energy giant such as Scottish power. Are you passionate about your job in the oil and gas ( industry? In UK are looking for talented individuals to lead courses to teach others about the industry and oil industry. This position is offering flexible schedules, international travel, competitive salary, training the next generation. Oil and Gas Industry Recruitment Agency in London helps to get good candidates from outside UK.

A recruitment consultant is an intermediary between an organization wishing to recruit (the client) and the individual seeking a career move or temporary assignment (the candidate). Consultancies or agencies come in all shapes and sizes, from small local businesses to national and international enterprises. The role of the recruitment consultant is to pair up candidates with positions that need to be filled. A candidate trusts their consultant to put them forward for roles to which they are well suited. Companies trust their consultant to find the best individuals for the roles they need to fill. All communication related to interview dates, salary, employment terms, start date and the like go through the recruitment consultant. Best Oil and Gas Industry Recruitment Agency in Londoncan help to get better candidates. The oil and gas industry offers excellent earning potential, travel opportunities, and career progression. Being one of the most globalized energy industries, the oil and gas sector provides opportunities to work in a region or country of your choice. They have compiled the list of the best job consultants in the oil and gas industry. Start your oil and gas job search today and explore the great career opportunities in the oil and gas industry.

The oil and gas supply chain is one of the most complex webs of organizational, activities, information, and resources in global business today. “The values involved in UK oil and gas are so large that even modest increases in key production metrics over time will deliver significant economic benefits.” The oil gas industry offers exciting career opportunities as well as the opportunity for advancement. You can start with a high school diploma in an entry-level job and work your way to the top. Top Oil and Gas Industry Recruitment Agency in London companies employ a diverse range of employees and these populations consume healthcare differently. Because of this, it’s important for the industry to offer competitive health benefits that meet the needs of all employees. These companies are often willing to hire students and high school graduates and provide them with training in order to develop their careers. If you are not interested in jet setting while working for oil and gas industry, there are many opportunities to travel within your own region from site to site. 

[chandupalle]

Gas Sensors Industry worth USD 2.3 billion by 2028

The report "Gas Sensors Market by Type (Oxygen, Carbon Monoxide, Carbon Dioxide, Nitrogen Oxide, Volatile Organic Compounds, Hydrocarbons), Output Type (Analog, Digital), Technology, Product, Connectivity, Application & Region - Global Forecast to 2028" The gas sensor market is projected to grow from USD 1.5 billion in 2023 and is expected to reach USD 2.3 billion by 2028, growing at a CAGR of 9.7% from 2023 to 2028. The application of gas sensors in smart cities and building automation has witnessed significant growth in recent years. Rapid urbanization and industrialization, have led to a rise in air pollution levels across the world. With urbanization, there has been a rise in the number of vehicles used, an increase in industrial activities, and a rise in energy consumption leading to urban air pollution. The advent of the Internet of Things (IoT) has facilitated air quality monitoring and management in smart cities, with several players launching IoT-based gas sensors.

Wireless gas sensor segment is expected to witness the highest CAGR during the forecast period.

Wireless or portable gas detectors are generally used by individuals or by a group of workers to monitor air quality. These are ideally handheld devices and are used for indoor usage. Portable gas monitors and detectors provide a relatively affordable option to end-users compared with fixed monitors and offer ease in locating the exact source of pollution. Wireless gas sensors are also used in gas monitoring applications to detect the presence of toxic gases for the enhanced safety of personnel. In certain applications, monitoring toxic gases is difficult and dangerous, wherein wireless gas sensors can be used. Wireless gas sensors can thus be used to continuously monitor remote applications such as in automotive & transportation reliably and cost-effectively.

Market for digital output segment is expected to witness the highest CAGR during the forecast period.

Digital gas sensors send and receive strings of characters that a microprocessor or a computer can read. A digital gas sensor normally comprises a gas sensor, a two-wired digital interface, registers for controlling the operation of the IC, and an analog-to-digital converter (ADC). Gas sensors with digital output have several advantages, especially being well-suited for remote applications such as automotive and transportation applications. Moreover, these sensors offer both design and operational advantages over gas sensors with an analog output. They offer enhanced technical performance, improved safety margins, and low maintenance costs.

Volatile organic compounds in the type segment is expected to be the fastest growing market of the gas sensor market during the forecast period.

The VOC segment in the gas sensor market is expected to grow with the highest CAGR during the forecast period. Volatile organic compounds (VOCs) are a wide range of carbon-based (organic) chemicals (compounds) found in various human-made and naturally occurring solids and liquids. They evaporate easily at ordinary room temperature. Substances containing VOCs include solvents, paint thinners, and nail polish removers, as well as vapors associated with fuels such as gasoline, diesel, heating oil, kerosene, and jet fuel; hence, there is an increasing demand for these in the paint and plastic industry.

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Asia Pacific is expected to have the largest share of the gas sensor market during the forecast period.

Asia Pacific region is expected to have the largest market share of the gas sensor market during the forecast period. Asia Pacific is the leading market for gas sensors in the automotive, infrastructure, consumer electronics, and pharmaceutical industries, with major demand from China, India, South Korea, and Japan. The countries of Asia Pacific are witnessing increased demand for gas sensors, and this demand is expected to grow at a significant rate during the forecast period as well. Moreover, the rise in the number of smart city projects in countries such as India and China also leads to increased demand for gas sensors from these countries. Gas sensors are used in several industries such as automotive, oil & gas, chemical, consumer electronics, etc., driving the market demand in the region.

Key Players

Leading players in the gas sensor market include Honeywell International Inc. (US), MSA Safety Incorporated (US), Amphenol Corporation (US), Figaro Engineering Inc. (Japan), Alphasense (UK), Sensirion AG (Switzerland), Process Sensing Technologies (UK), ams-OSRAM AG (Austria), MEMBRAPOR (Switzerland), Senseair AB (US) and Niterra Co., Ltd. (Japan), Nissha Co., Ltd. (Japan), Renesas Electronic Corporation (Japan), Breeze Technologies (Germany), eLichens (France), Bosch Sensortec GmbH (Germany), Danfoss (Denmark), Edinburgh Sensors (Uk), GASTEC Corporation (Japan), Nemoto & Co., Ltd. (Japan), SPEC Sensors (US), SIA MIPEX (Russia), Cubic Sensor and Instrument Co., Ltd. (China), and Zhengzhou Winsen Electronics Technology Co., Ltd. (China).  are few other key companies operating in the gas sensor market.

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[sonali2345]

"Fuel Efficiency Takes Flight: The Role of Jet Kerosene in Sustainable Aviation" 

Anticipated Surge in Airline Industry to Propel Global Jet Kerosene Market Growth 

The future trajectory of the global jet kerosene market is expected to be strongly influenced by the substantial expansion within the airline sector. This growth is poised to be fueled by a combination of novel technological advancements and increasing investments. 

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Jet kerosene primarily serves as the power source for aircraft, offering a higher quality compared to gasoline used in applications like heating and vehicle transportation. Known for its exceptional attributes, jet kerosene's performance hinges on two crucial factors: air content and combustion quality. Additionally, it boasts a range of notable characteristics, including non-corrosivity, cleanliness, fluidity, volatility, stability, and lubricity. This versatile fuel can also serve as a hydraulic fuel in engine control systems and as a coolant for various fuel system components. 

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Market Analysis and Structure 

Report Metrics: 

Market Size (Years Covered): 2020–2030 

Base Year: 2020 

Forecast Period: 2021–2030 

Forecast Unit: Value (USD) and Volume (Kilo Tons) 

Segments Covered: Type, Application, Industry Vertical, and Region 

Regions Covered: North America, Europe, Asia-Pacific, LAMEA 

Key Companies: Oil Corporation Ltd., Qatar Jet Fuel Co., Valero Marketing and Supply Co., Allied Aviation Services Inc., Bharat Petroleum, Propel Holdings Ltd, Trans Oil, Air BP, Chevron, Exxon Mobil, Shell. 

Impact of COVID-19: 

The COVID-19 pandemic significantly impacted oil and gas consumption due to lockdown measures across various countries. Travel, tourism, and e-commerce were heavily curtailed, leading to a drastic reduction in jet kerosene usage. The pandemic-induced economic slowdown and suspension of international air travel have had a profound negative effect on the jet kerosene sector. 

Key Influencing Factors: 

Air traffic is projected to experience substantial growth in the near future, driven by shifting consumer preferences towards air travel, spurred by socio-economic development and increased disposable income.  

This surge in air travel is expected to result in a higher frequency of flights and consequently, an increased demand for jet kerosene.  

Furthermore, the liberalization of the airline industry is anticipated to further boost demand for jet kerosene, promoting enhanced connectivity services. 

 The global aviation sector is poised for growth in terms of GDP, development, and productivity, which, coupled with increased aviation connectivity, will drive global demand for jet kerosene. 

 However, heightened competition within the airline industry may lead to competitive pricing of services, potentially limiting growth in the global jet kerosene market. 

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Trends: 

Qatar Petroleum (QP) and Qatar Fuel (WOQOD) have formalized a Jet Fuel Product Sale & Purchase Agreement, outlining terms, conditions, and pricing mechanisms. 

Bharat Petroleum Corporation Limited (BPCL) acquired a 36.6 percent share in Bharat Oman Refinery Ltd, gaining control of the company from partner OQ, Oman's national oil corporation (BORL). 

Air BP expanded its aviation fuel business by acquiring Statoil Fuel & Retail Aviation AS (SFR Aviation) from Alimentation Couche-Tard Inc. in Canada, expanding its global fuels network. 

Chevron Corporation acquired Noble Energy, Inc., aiming to leverage Noble's assets to bolster its upstream portfolio. 

Key Market Segments: 

Product Type: 

Jet A 

Jet A-1 

Jet B 

Application: 

Vehicle Transportation 

Hydraulic Fuel 

Others 

Industry Vertical: 

Civil Aviation 

Military Aviation 

Others 

Region: 

North America 

Europe 

Asia-Pacific 

LAMEA 

Key Report Benefits: 

Analytical portrayal of the jet kerosene industry, offering insights into current trends and future investment opportunities. 

In-depth analysis of key drivers, restraints, and opportunities, along with detailed market share breakdown. 

Quantitative analysis of market growth from 2020 to 2030. 

Porter’s five forces analysis to gauge buyer and supplier potency. 

Detailed competitive analysis and projection of competition evolution in the coming years. 

Jet Kerosene Market Report Highlights: 

Region-wise Coverage: 

North America (U.S., Canada, Mexico) 

Europe (France, Germany, Italy, Spain, UK, Russia, Rest of Europe) 

Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific) 

LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA) 

Product Types: 

Jet A 

Jet A-1 

Jet B 

Applications: 

Vehicle Transportation 

Hydraulic Fuel 

Others 

Industry Verticals: 

Civil Aviation 

Military Aviation 

Others 

Key Market Players: 

Chevron 

Trans Oil 

Air BP 

Allied Aviation Services Inc. 

Shell 

Qatar Jet Fuel Co. 

Valero Marketing and Supply Co. 

Propel Holdings Ltd 

Oil Corporation Ltd. 

Bharat Petroleum 

Exxon Mobil 

[hardynwa]

Dangote refinery: Diesel, JetA1 hit market January, petrol delayed

The Dangote Petroleum Refinery is set to start producing Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel in January 2024, while the production of Premium Motor Spirit, popularly called petrol, is being delayed by the supply of crude oil in installments. It was gathered on Sunday that the facility would require a minimum of six million barrels of crude oil to kick-start the full production of refined petroleum products including AGO, PMS, Jet A1 and Dual Purpose Kerosene, otherwise called kerosene. But what the refinery got last week was one million barrels of crude, while the remaining five million barrels would arrive at the $20bn facility in another five installments. The Dangote Petroleum Refinery and Petrochemical Project, a subsidiary of Dangote Industries Limited, is a 650,000 barrels per day crude oil refinery, located in Dangote Industries Free Zone, Ibeju-Lekki, Lagos, Nigeria. Dangote Petroleum Refinery with the capacity to refine 650,000 barrels of crude oil per day covers an area of approximately 2,635 hectares and is located in the Lekki Free Trade Zone in Lagos. On November 2, 2023, The PUNCH reported that the failure to supply crude oil to domestic refineries, including the multi-billion dollar Dangote refinery, stalled the production of refined petroleum products at the facilities. The report also stated that the lack of crude oil supply came as the 650,000 barrels per day Dangote Refinery in Lagos missed the October production projection it had earlier set. It pointed out that the October production target miss made it the second time in 2023 that Dangote Refinery would raise hopes in Africa, especially Nigeria, of a possible end to petrol importation. Following The report, the Nigerian National Petroleum Company Limited swiftly declared the next day November 3, 2023, that it was set to provide six million barrels of crude oil to the Dangote Refinery. It, however, has yet to do so. But on Friday, the management of Dangote Refinery confirmed the receipt of one million barrels of crude oil, adding that this would lead to the production of refined products at the facility. “In a major step towards boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote Petroleum Refinery and Petrochemicals plant has purchased one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited, one of the largest trading companies in Nigeria as well as globally, trading over eight million barrels of crude oil per day,” the oil firm had stated. But when contacted on Sunday to confirm whether the company would start pumping out refined PMS based on the one million barrels of crude that it received on Friday, an official of the firm stated that what Nigerians should expect in January would be diesel and aviation fuel. Six million barrels The official explained that the facility required a minimum of six million barrels of crude to commence the full production of refined petroleum products, but what it got last week was only one million barrels. “For a 650,000bpd capacity refinery, it requires a minimum of six million barrels to start production, and what we have done now is to receive one million barrels and it is being discharged,” the impeccable source, who pleaded not to be named due to lack of authorisation to speak on the matter, stated. “So it is just one million barrels for now, and that means we need to take it in installments for six times, which is six installments of one million barrels each,” the source added. The official, however, stated that the one million barrels would lead to the production of diesel and aviation fuel, stressing that PMS, kerosene and other refined products would come as the company gets more crude cargoes. “Ultimately, what that (the one million barrels receipt) means is that by January, maybe in the second week, we should start having diesel, after which aviation fuel will come before we now cascade to PMS,” the source stated. In the statement from Dangote Refinery on the receipt of its maiden crude cargo, the company stated that the cargo from Shell International Trading and Shipping Company Limited contained one million barrels from Agbami and sailed to Dangote Refinery’s Single Point Mooring, where it was discharged into the refinery’s crude oil tanks. “The maiden one million barrels, which represent the first phase of the six million barrels of crude oil to be supplied to Dangote Petroleum Refinery by a range of suppliers, should sustain the initial 350,000 barrels per day to be processed by the facility. “The next four cargoes will be supplied by the NNPC in two to three weeks and the final of the six cargoes will be supplied by ExxonMobil. “This supply will facilitate the initial run of the refinery as well as kick-start the production of diesel, aviation fuel, and LPG, before subsequently progressing to the production of Premium Motor Spirit,” the company stated. It said this latest development would play a pivotal role in alleviating the fuel supply challenges faced by Nigeria as well as the West African countries. The firm stated that the facility was designed for 100 percent Nigerian crude with the flexibility to process other crudes, adding that the 650,000 barrels per day refinery could process most African crude grades as well as Middle Eastern Arab Light and even United States Light tight oil, as well as crude from other countries. “Dangote Petroleum Refinery can meet 100 percent of Nigeria’s requirement of all refined products, gasoline, diesel, kerosene, and aviation jet, and also have a surplus of each of these products for export. “The refinery was built to take crude through its two SPMs located 25km from the shore and to discharge petroleum products through three separate SPMs. In addition, the refinery has the capacity to load 2,900 trucks a day at its truck-loading gantries. “Dangote Refinery has a self-sufficient marine facility with the ability to handle the largest vessel globally available. In addition, all products from the refinery will conform to Euro V specifications. “The refinery is designed to comply with US EPA, European emission norms, and (defunct) Department of Petroleum Resources emission/effluent norms as well as African Refiners and Distribution Association standards,” the company stated. The President, Dangote Group, Aliko Dangote, was quoted as saying, “We are delighted to have reached this significant milestone. This is an important achievement for our country as it demonstrates our ability to develop and deliver large capital projects. “Our focus over the coming months is to ramp up the refinery to its full capacity. I look forward to the next significant milestone when we deliver the first batch of products to the Nigerian market.” On his part, the Country Chairman, Shell Companies in Nigeria, Osagie Okunbor, said, “We welcome the startup of a refinery that is designed to produce gasoline, diesel, and low-sulphur fuels for Nigeria and across West Africa and are happy to be enabling it.” A document detailing some of the attributes of the facility, obtained by one of our correspondents, showed that tank farms in the facility have a total of 177 tanks with a cumulative capacity of 4.74 billion litres, and total tanker loading of 2,900. For product evaluation, the report stated that the dispatch facilities by road (tanker) for the products (gasoline, diesel, kerosene/jet fuel, propane and slurry) was up to 80 percent of the total production and up to 75 percent through marine facilities. It stated that the plant would operate a year-round operation for road loading operations, adding that on logistics, over 1,029 trucks would improve the capacity of the local logistics. On employment generation, the document stated that over 100,000 indirect employment would be created at retail outlets, adding that 26,716 filling stations and 129 depots would come onstream in Nigeria. It stated that the facility would ensure the ease of availability of products and help open up service stations, while 16,000 trucks for transportation would create additional jobs. “In terms of employment generation, over 30,000 are currently working at the petroleum refinery project site, through various contractors. When operational, the petroleum refinery is going to generate over 100,000 direct and indirect jobs for Nigerian youths,” the company stated in the document, adding that the refinery would create a $21bn market annually for Nigerian crude. The facility has its own power plant with a capacity of 435 megawatts. “The refinery has its own dedicated steam and power generation system with adequate standby units for reliable/uninterrupted utility supply to operating plants,” the company stated in the document. It stated that Dangote Industries had developed a port and constructed quays with a load-bearing capacity of 25 tonnes/sq.m to bring Dimensional Cargoes close to the site directly to handle liquid cargoes. “The Jetty is situated at a distance of 12.3km from the refinery thereby effectively reducing the travel time,” it stated. Otedola commends refinery Reacting to the development, billionaire businessman, Femi Otedola, said Dangote Refinery would champion energy security in Nigeria. Otedola said this on Sunday on his X (formerly Twitter ) handle, where he congratulated Africa’s richest man and his “bestie,” Aliko Dangote, on the commencement of production of the refinery, which was commissioned in May, before the expiration of the tenure of the former president, Muhammadu Buhari. He said, “By meeting our requirements for all refined petroleum products, it will champion energy security and independence for our nation and act as a catalyst for a new era of prosperity for the subcontinent. It promises economic transformation for Nigerians today and for generations to come.” Otedola started off his piece on the social media platform by congratulating Dangote. 650,000 barrels “I heartily congratulate my bestie #AlikoDangote as the 8th Wonder of the World – the $20bn #DangoteGroup Refinery – officially commences production. The Dangote Petrochemical Complex, which consists of the world’s largest single-train 650,000 barrels per day petroleum refinery, one million metric tonnes of polypropylene per annum facility, and two of the world’s largest fertiliser trains, with a capacity of producing three million tonnes of urea, is much more than just an industrial milestone; it’s a testament to the visionary leadership and relentless pursuit of excellence of one of Africa’s finest and most dogged patriots,” he said. Providing more details, Otedola revealed that he had a front-row seat in the conceptualisation and process of establishing the refinery, saying “I am familiar with the sleepless nights you’ve had to work through over the last decade to bring this dream to fruition.” He added, “This refinery is a beacon of hope for millions of Nigerians and Africans. It is also at the vanguard of championing environmental sustainability. With its carbon capture technologies and storage processes, it will capture up to 90 percent+ of the CO2 emitted and also play a significant role in reducing well-to-tank carbon emissions from crude oil maritime transportation, thereby playing its own role in helping Nigeria meet its target for net-zero emissions by 2060. “The refinery re-circles 100 percent of its water. The heat coming out of the process is fully captured to produce 50MW of power. Dangote is also producing Euro-5 to replace the bad Euro-5 that has been dumped in Africa for a long time. “Shipping 65,000 barrels per day of crude out of Nigeria and 650kbpd in refined products to Nigeria and nearby countries which is 480 ships of one million barrels per day will save 1.5m to 2.5m tonnes of CO2 emissions. This will help the environment.” Also speaking on the development, the National Public Relations Officer, Chief Ukadike Chinedu, said the move by the management of Dangote Refinery was commendable. “We are optimistic to see the commencement of refined products from the facility and we are ready to party Dangote in ensuring the distribution of these refined products across the country,” he stated. Read the full article

[themarketinsights]

Aero Small Gas Turbine Engine Market Unidentified Segments – The Biggest Opportunity Of 2023

Latest released the research study on Global Aero Small Gas Turbine Engine Market, offers a detailed overview of the factors influencing the global business scope. Aero Small Gas Turbine Engine Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Aero Small Gas Turbine Engine The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Rolls-Royce plc (United Kingdom), Honda Motor Co., Ltd. (Japan), PBS Group, a. s. (Prague), Honeywell International Inc. (United States), Mitsubishi Power, Ltd. (Japan), Cape Aerospace Technologies (South Africa), GE Aviation (General Electric) (United States), IHI Corporation (Japan)

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Aero Small Gas Turbine Engine Market Definition:

Aero small gas turbine engine is specially used for the experimental aircraft, sports gliders, unmanned aerial vehicle,s etc use din the aviation and defense industry. The small gas turbine engine generates a mixture of burning fuel and compressed air. These turbine engines consist of a single-stage compressor with a generator attached to the same shaft. The fuel such as kerosene, diesel, biofuel, synthetic fuel are used in these engines.

Market Trend:

Increasing Consumption of Aero Small Gas Turbine Engine in Cruise Missile Applications

Market Drivers:

Growing Aircraft Industry with the Special Type fo Aircraft Application Requirement

Demand for the Auxiliary Power Range in the Aircrafts Used in Defense Industry

Market Opportunities:

Technological Advancements in the Aero Small Gas Turbine Engine

Surging Investment of Industries on Aero Small Gas Turbine Engine Aircrafts

The Global Aero Small Gas Turbine Engine Market segments and Market Data Break Down are illuminated below:

by Application (Small Civil Aircraft, Unmanned Aerial Vehicles (UAV), Experimental Aircraft, Sport Gliders, Model Aircraft, Others), Output (<40 MW, <40-70 MW, 71-100 MW, >100 MW), Fuel (Kerosene, Diesel, Jet A, Biofuel, Synthetic Fuel), Sales Channel (OEM, Aftermarket)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Aero Small Gas Turbine Engine Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Aero Small Gas Turbine Engine market

Chapter 2: Exclusive Summary – the basic information of the Aero Small Gas Turbine Engine Market.

Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Aero Small Gas Turbine Engine

Chapter 4: Presenting the Aero Small Gas Turbine Engine Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region 2015-2020

Chapter 6: Evaluating the leading manufacturers of the Aero Small Gas Turbine Engine market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Aero Small Gas Turbine Engine Market is a valuable source of guidance for individuals and companies in decision framework.

Data Sources & Methodology The primary sources involves the industry experts from the Global Aero Small Gas Turbine Engine Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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Latest industry influencing trends and development scenario

Open up New Markets

To Seize powerful market opportunities

Key decision in planning and to further expand market share

Identify Key Business Segments, Market proposition & Gap Analysis

Assisting in allocating marketing investments

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Southeast Asia.

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[globalhint]

Dangote refinery obtains a licence to refine Crude in Nigeria

Dangote refinery obtains a licence to refine Crude in Nigeria. The richest man in Africa, Aliko Dangote, announced that his refinery would soon start processing gasoline after obtaining a license to refine over 300,000 barrels of Nigerian crude daily. According to Bloomberg, Dangote stated, "We want to start our refinery with Nigerian crude, not with foreign goods," during a Riyadh interview conducted with the Saudi-Nigeria business roundtable. He said, "You will see our gasoline products soon. We're more than ready." The refinery was set to begin operations in August but has missed multiple deadlines over the years. However, Dangote is adamant that "very very soon" his refinery would begin to produce. The Nigerian gasoline supply is the refinery's top priority before supplying other markets, such as the West African region, he claimed. Dangote Petroleum Refinery Executive Director Devakumar Edwin said the refinery was importing crude oil and would be receiving its first shipment in roughly two weeks. Despite trading crude oil on behalf of Nigeria, the Nigerian National Petroleum Company Limited had committed its petroleum to other entities, according to Edwin in an interview with S&P Global Commodity Insights at the time the article was published. Head of State Election Real-Time Reports NNPCL will supply six million barrels of crude oil to the Dangote refinery. Crude scarcity postpones Dangote refinery's launch and those of five others. Encouraging exports other than oil in the face of limited foreign exchange. The head of the Dangote refinery did not reveal which other organizations were getting the oil company's petroleum, but the NNPCL previously revealed in August that it had partnered with the African Export-Import Bank to exchange $3 billion in crude oil for loans. According to Dangote, whose wealth is estimated by the Bloomberg Billionaires Index at $16.2 billion, the 650,000 barrel-per-day facility will receive crude from other Nigerian producers as well as the nation's state oil company. It is anticipated to produce 27 million litres of diesel, 11 million litres of kerosene, and nine million litres of jet fuel. Nigeria produced 1.49 million barrels of oil per day in a month, the most in nearly two years, after increasing its output by 60,000 barrels per day. As it increases its oil output, the West African country has introduced a new grade of petroleum called Nembe through a joint venture. The crude stream of Nembe is anticipated to be run and marketed by a joint venture between the oil company Aiteo Eastern E&P Co. Ltd. and the state-owned Nigerian National Petroleum Company (NNPC). The OPEC member's capacity to meet its quota has been severely hampered by crude theft and attacks on pipelines in the Niger Delta, which has made it difficult for the Nigerian government to reach its revenue targets. SEE ALSO: Kaduna refinery will begin Operations in 2024   Read the full article

[coreforelegal]

Understanding the Complex Supply Chain of Refineries: Why They Don’t Sell Directly to the Market or Retailers?

Unraveling the Complexities of Petroleum Product Distribution ⬇️ #5&6 #Automotive #Gas #Oil #Aviation #Fuel #Aviation #Kerosene #Colonial #Grade#Aviation #Kerosene #Jet #Fuel #Biofuels #Bitumen #Blog #BoilingRange #CommercialAviation #Dap #Fertilizer #Eas

Direct purchases from the refineries are prohibited Refineries are legally barred from directly selling their products to the market or retailers. Instead, they must participate in specialized auctions that only large purchasing agencies with enough cash collateral can access. These agencies act as intermediary brokers, buying the goods from refineries and then distributing them to the retail…

[chemanalystdata]

Jet Kerosene Prices Trend | Pricing | Database | News | Index | Chart

 Jet kerosene prices are a significant factor in the aviation industry, impacting everything from ticket prices to airline profitability. The volatility in jet fuel prices can be attributed to various factors, including crude oil prices, geopolitical tensions, refining costs, and market demand. Crude oil, the primary raw material for jet kerosene, is subject to global supply and demand dynamics. Any disruption in oil production, whether due to geopolitical events or natural disasters, can lead to a spike in crude oil prices, subsequently increasing the cost of jet kerosene.

The refining process also plays a crucial role in determining jet kerosene prices. Refining capacity and efficiency can vary by region, affecting the availability and cost of jet fuel. In regions with limited refining capacity, any increase in demand can lead to higher prices. Additionally, seasonal variations can influence jet fuel prices. For instance, during the summer months, when travel demand is high, the increased consumption of jet fuel can drive up prices. Conversely, in the winter months, when travel demand typically decreases, prices may drop.

Get Real Time Prices of Jet kerosene: https://www.chemanalyst.com/Pricing-data/jet-kerosene-23

Market speculation and trading activities also have a significant impact on jet kerosene prices. Traders and investors often react to news and trends in the oil market, which can lead to price fluctuations. For example, if there are reports of potential supply disruptions or increased geopolitical tensions, traders may drive up prices in anticipation of future shortages. Conversely, if there is news of increased oil production or reduced demand, prices may fall.

Geopolitical factors are another critical element influencing jet kerosene prices. Political instability in key oil-producing regions can lead to supply disruptions, causing prices to surge. Events such as sanctions, wars, or changes in government policies in major oil-producing countries can significantly affect the global supply of crude oil and, consequently, jet kerosene prices. For example, sanctions on oil exports from countries like Iran or Venezuela can reduce the global supply of crude oil, leading to higher prices for jet fuel.

Environmental regulations and policies aimed at reducing carbon emissions also impact jet kerosene prices. Governments and international bodies are increasingly imposing stricter regulations on the aviation industry to combat climate change. These regulations often require airlines to use cleaner

fuels or invest in technologies that reduce emissions, which can increase operational costs. As airlines strive to meet these environmental standards, the demand for alternative fuels or more efficient refining processes can push up jet kerosene prices. Furthermore, carbon pricing mechanisms, such as carbon taxes or cap-and-trade systems, directly affect the cost of jet fuel by imposing additional costs on carbon emissions. This not only raises the price of jet kerosene but also encourages airlines to seek out more sustainable options, potentially disrupting the market dynamics further.

The global economy's health is another critical determinant of jet kerosene prices. During periods of economic growth, business travel and tourism tend to increase, boosting demand for jet fuel. Conversely, during economic downturns, reduced travel activity can lead to lower demand and thus lower prices. The COVID-19 pandemic exemplified this dynamic, as the dramatic decrease in air travel demand due to lockdowns and travel restrictions caused a significant drop in jet kerosene prices. As the world recovers from the pandemic, fluctuating economic conditions continue to influence fuel prices.

Transportation and logistical challenges also contribute to jet kerosene price fluctuations. The cost of transporting crude oil to refineries and then distributing refined jet fuel to airports can vary significantly. Factors such as pipeline capacity, shipping routes, and transportation infrastructure play a role in these costs. For instance, disruptions in major shipping routes or pipeline infrastructure can lead to delays and increased transportation costs, which are often passed on to consumers in the form of higher jet fuel prices.

Additionally, technological advancements in fuel efficiency and alternative energy sources are reshaping the landscape of jet kerosene prices. Innovations in aircraft design, engine efficiency, and the development of biofuels and synthetic fuels offer potential alternatives to traditional jet kerosene. While these technologies may currently be more expensive to produce and implement, they hold the promise of reducing reliance on fossil fuels and mitigating the impact of price volatility in the long term. As these technologies become more mainstream, they could lead to a more stable pricing environment for jet fuel.

Moreover, the interplay between supply chain dynamics and strategic reserves plays a significant role in stabilizing jet kerosene prices. Countries with strategic petroleum reserves can release these reserves in times of supply shortages or unexpected price spikes, providing a buffer against market volatility. However, the effectiveness of such measures depends on the size of the reserves and the speed at which they can be deployed. Coordination among oil-producing and consuming countries through organizations such as OPEC also influences the supply and pricing of jet kerosene, as these entities often engage in production agreements to manage market stability.

Consumer behavior and airline strategies further impact jet kerosene prices. Airlines adopt various strategies to hedge against fuel price volatility, such as entering into long-term fuel contracts or investing in fuel-efficient fleets. These measures can help stabilize costs and protect against sudden price hikes. On the consumer side, demand elasticity for air travel means that significant increases in fuel prices can lead to higher ticket prices, potentially reducing travel demand and further influencing fuel consumption patterns.

In conclusion, jet kerosene prices are subject to a complex interplay of factors including crude oil prices, refining capacities, geopolitical events, environmental regulations, economic conditions, transportation logistics, technological advancements, and market dynamics. Each of these elements contributes to the overall volatility and pricing structure of jet fuel, creating a challenging environment for the aviation industry to navigate. Understanding these factors is crucial for airlines, policymakers, and consumers as they adapt to the ever-changing landscape of fuel prices and seek sustainable solutions for the future.

Get Real Time Prices of Jet kerosene: https://www.chemanalyst.com/Pricing-data/jet-kerosene-23

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[ajitmaximize]

https://www.maximizemarketresearch.com/market-report/jet-kerosene-fuel-market/72608/

[stevecarell600]

Aircraft Microturbine Market Key Manufacturers, Market Growth and Forecast by 2028

The global Aircraft Micro Turbine Market size was USD 25.9 million in 2020. The market is projected to grow from USD 29.1 million in 2021 to USD 58.7 million in 2028 at a CAGR of 10.6% in the 2021-2028 period. This information is published by Fortune Business Insights™, in its report, titled, “Aircraft Micro Turbine Market, 2021-2028.”

As per our expert analysts, the market for micro turbine for aviation sector is developing since the past decade. The rising utilization of micro turbines for UAVs and small aircrafts is among the prime aspect, which is said to be accountable for considerable growth in the impending years.

Information Source:

 Report Coverage

We conduct our reports based on an exhaustive review approach that precisely emphasizes on providing accurate information. Our experts have imposed a data navigation technique that thereby aids us to offer reliable approximations and examine the general market aspects precisely. Further, our researchers have gained admittance to various international as well as domestically sponsored registers for offering the up-to-date material so that the stakeholders and business experts capitalize only in the fundamental zones.

Segmentation

On the basis of engine type, the market is classified into turboshaft, turbojet, and turboprop.

In terms of fuel type, the market is segregated into JET-A-1, diesel, kerosene, natural gas, and sustainable aviation fuel.

Based on the application, the market is categorized into VTOL, Air Taxi, RC planes, and UAVs.

In regards of end-user, the market is bifurcated into military and commercial.

The military segment is anticipated to have a dominant share in the market during the forecast period.

The Aircraft Micro Turbine market has been divided into North America, Europe, Asia Pacific, and the rest of the world.

Driving Factors

Rising Inclination towards Hybrid Electrification & Zero Carbon Emission Initiative to Boost Growth

Research demonstrates that the variety of high battery-powered electrical air vehicles are not compatible with moderately lesser power density of presently obtainable batteries. Basically adding more batteries will lead to the aircraft transforming to be heavy to fly with a practical cargo. The solution is a hybrid system that in turn is set to power the aircraft in flight with battery power offering an elevation during crucial stages such as take-off, hover, and landing. Prime players engaged in the business are capitalizing more in R&D to develop as the forthcoming prime players of hybrid technologies in Aircraft Micro Turbine market.

Regional Insights

North America market size stood at USD 10.2 million in 2020. North America to dominate the market owing to the existence companies, sellers, and suppliers in the U.S and Canada. This region held the largest Aircraft Micro Turbine market share in 2020.

The market Europe is anticipated observe considerable growth owing to majority of prime players and OEMs used to micro turbine manufacturing business belonging to this region.

The market in Asia Pacific is estimated to display significant growth owing to the growing demand for target drones and UAVs.

Competitive Landscape

Crucial Announcements by Fundamental Organizations to Spur Aircraft Micro Turbine Market Growth

The key players implement numerous tactics to boost their position in the market as dominating companies. One such crucial tactic is procuring companies to boost their brand importance among users. Another efficient stratagem is to intermittently unveil inventive products with systematic review of the market as well as its target audience.

Industry Development

September 2021: DRDO declared that they have positively completed flight-tests high speed dispensable aerial target ABHYAS off Odisha coast. It is driven by a gas turbine engine to withstand a long durable flight at subsonic speed and that the target aircraft is fortified with MEMS (Micro-Electro-Mechanical Systems).

List of Key Players Covered in the Report

AeroDesignWorks GmbH (Germany)

General Electric Company (U.S.)

Kratos Defense & Security Solutions, Inc. (U.S.)

PBS Group. a.s. (India)

Sentient Blue Technologies (Italy)

Turbotech SAS (France)

Williams International (U.S.)