FOREWORD
WELCOME TO THE July issue of Energy Digital .
With oil prices beginning to recover slowly after two years of uncertainty , Mihir Kapadia , CEO and Founder of Sun Global Investments looks to see how ( or if ) the main players have stuck with their pledge to reduce production worldwide .
With the UAE in mind , our exclusive interview with VTTI highlights how the company ’ s Fujairah terminals facility has become a hotbed for growth , with 1.6 million cubic metres of storage capacity available . The facility also has access to nine flexible jetties , so any size of vessel can be accommodated up to a partly laden VLCC .
Also featured this month is our focus on the use of ethanol . The substance has been left in the shadows for decades , whilst petroleum has reigned supreme . However , this is set to change with the rise of new technologies and implementation of renewable energy sources .
Also take a look at our top 10 electric cars , an area which continually intrigues worldwide . As always , please tweet your feedback to @ EnergyDigital
Enjoy the issue !
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