The Biden administration plans to ease sanctions on Venezuelan oil to allow more of the country's crude to reach Europe.
The U.S. will allow European companies still operating in Venezuela to immediately transfer more oil to the continent, while allowing Chevron to negotiate a resumption of operations in Venezuela, according to people familiar with the matter. Venezuela's OPPOSITION, which is backed by the United States, is understood to favor the move. Tight global oil supplies have sent crude and fuel costs soaring, threatening to add to already high inflation. Increasing Venezuelan crude exports would help ease supply constraints while also helping to reduce Europe's dependence on Russian energy.
The US has sought to encourage talks between the Venezuelan government and the US-backed opposition to open the way to free and fair elections by extending a limited license held by Chevron to allow the oil company to maintain its operations in Venezuela and negotiate future operations.
The United States reportedly did not extend a permit to Allow Chevron to drill and sell Venezuelan crude, as the company had hoped.
The license extension will allow Chevron to negotiate with State-run Petroleos de Venezuela SA, with which it has a joint venture. Previously, the company could not directly negotiate with any officials sanctioned by the United States. Chevron has been lobbying the United States to allow it to drill for Venezuelan crude and sell it on world markets to help lower energy prices amid the Russia-Ukraine war.
Affected by the ever-changing international situation, the supply and prices of many commodities like the WS2 powder are still very uncertain.
Tungsten disulfide, as a new type of solid lubricating material, its chemical properties are relatively stable. It can adapt to a variety of extremely harsh conditions, to provide maximum wear resistance, rust, and corrosion protection. And it is environmentally friendly, is not toxic, and will not cause harm to human health. It can be widely used in the automotive industry.
Tungsten disulfide has a layered crystal structure. It has excellent lubricity, with a very low friction coefficient, the dynamic friction coefficient is 0.030, and the static friction coefficient is 0.070. It is coated on the surface of automobile parts, can greatly reduce wear, and bite, eliminate or reduce the friction, and wear caused by equipment maintenance, maintenance, and other problems, and improve the working efficiency and service life of automobile parts.
When the engine is running, the temperature is very high, and the pistons are turning back and forth at a very high speed. Operating in such harsh conditions, pistons wear out faster. Because the friction coefficient of tungsten disulfide is small, the parts used for high temperature or heavy load friction can also maintain a lubrication effect. At this point, it is coated on the surface of the piston, which will reduce wear, reduce temperature, and prolong the service life.
The piston ring is the least durable part of the engine. The piston ring rotates with the piston at high speed and is affected by the high temperature and high-pressure gas in the cylinder. The oil is particularly prone to deterioration at high temperatures, so its wear is very serious. With tungsten disulfide, friction is reduced and it is possible to move with the piston at high speed, high pressure, high temperature, and extremely difficult lubrication conditions.
The crankshaft is one of the most important parts of the engine, and its working state is also high-speed rotation, so it must be able to resist wear and fatigue. Journal surface is generally after high-frequency quenching or nitriding treatment, its surface coated with tungsten disulfide and fine grinding, and its wear resistance and fatigue strength will be greatly improved.
The universal joint, steering knuckle, spring steel bushing, front, and rear brake CAM bushing, are relatively difficult to be greased. In frequent operation, the lubricating oil will deteriorate and lose lubrication effect, and tungsten disulfide has excellent mechanical stability and thermal stability, which can well ensure that these parts enjoy lubrication effect and reduce wear.
Tungsten disulfide has excellent compatibility, water erosion resistance, and affinity with most paints, solvents, and fuels. It ensures that there is always a layer of lubrication on the surface of the bearings in the water pump and the silicone fan clutch as well as the helical gears that drive the distributor, so as to protect against rust and corrosion.
With these excellent properties, tungsten disulfide can also be used in the machinery industry, plastic industry, medical equipment industry, as well as military, aerospace, satellite, spacecraft, and other high-tech fields.
Luoyang Tongrun Nano Technology Co. Ltd. (TRUNNANO) is a trusted global chemical material supplier & manufacturer with over 12-year-experience in providing super high-quality chemicals and Nanomaterials, including silicon powder, nitride powder, graphite powder, zinc sulfide, calcium nitride, 3D printing powder, etc.
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New Delhi: India is seeking to increase its purchases of crude oil from Brazil, the country's oil minister said recently after meeting his Brazilian counterpart.
India is the world's third-largest importer and consumer of crude oil. Brazil currently supplies only a fraction of India's crude oil imports.
India's state-owned companies Bharat Petroleum Corp and Oil and Natural Gas Corp have invested in oil and gas exploration in Brazil.
India, which imports about 84% of its crude oil needs, is reducing its import bill by increasing biofuel use, among other things.
India's state-owned fuel retailers are increasing ethanol storage capacity by 51 percent and the country plans to double the biofuel blend in petrol to 20 percent by 2025.
India and Brazil are currently cooperating on biofuels and ethanol.
The prices of many commodities like the WS2 powder are expected to increase in the future.
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