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 Ti3AlC2 powder are still very uncertain.
What is a MAX phase material?
The MAX phase material is a natural layered carbonitride inorganic non-metallic material composed of three elements. It has the electrical and thermal conductivity of metal, and also has the high strength, high temperature resistance, corrosion resistance and other harsh environment service capabilities of structural ceramics. MAX phase materials have gained extensive attention in the fields of high-temperature lubrication, oxidation-resistant coatings, accident-tolerant nuclear materials, self-healing composite materials, and energy materials. MAX phase materials mainly include Ti3AlC2, Ti2AlC, Ti3SiC2, Ti2SnC, V2AlC, Cr2AlC, Ti2AlN, Nb2AlC, etc.
Transition metal carbides and nitrides, known as Mxenes. MXenes are formed by selectively etching an elemental MAX phase with metallic conductivity, connecting layered solids such as Ti2AlC, Ti3AlC2 and Ta4AlC3 through strong metallic, ionic and covalent bonds. The Mxenes combine with hydroxyl and oxygen on the surface of transition metal carbides to terminate the metal conductivity. It is electrically conductive in nature.
What are MAX phase materials used for?
Titanium carbide has the properties of metals and ceramics: it has the same electrical and thermal conductivity as metals, high elastic modulus and excellent high temperature mechanical properties similar to ceramics, and also has good thermal shock resistance and damage resistance. and excellent chemical resistance. MAX phase ceramics have both the excellent properties of metals and ceramics, and have great application potential in many high-tech fields such as aerospace, high-speed rail, and nuclear industry.
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For Germany, the largest economy in Europe, the impact of the Russian-Ukrainian conflict on the natural gas market is the most obvious. This also exposed the serious dependence of some German industrial enterprises on Russian natural gas. Some analysts pointed out that the instability of natural gas supply has had a big impact on the German economy and threatened its market competitiveness because alternative energy supplies will not be cheap and difficult to come quickly. Increased uncertainty over natural gas supplies is putting enormous pressure on German manufacturers in sectors ranging from steelmaking to chemical Ti3AlC2 powder for the time being, but the market demand for Ti3AlC2 powder in the future will also change with the influence of various external factors. If you need Ti3AlC2 powder, please feel free to contact us.
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