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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

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Fisker Automotive published its first business update, announcing that revenues had exceeded $100 million in the first four months of 2012. In the first few months of 2012, Fisker has continued to raise private equity investment to fund its expansion plans, securing $174 million of additional private financing since the start of the year.

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Waste Management to expand natural gas-powered fleet in Houston area; CNG to be 80% of US new truck purchases in NA in 2012

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Waste Management plans to expand its fleet of natural gas-powered collection vehicles in the Houston area and open a new compressed natural gas (CNG) fueling station in Conroe. In 2007, the company set a goal of reducing fleet emissions by 15% and increasing fuel efficiency by 15% by 2020.

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Statoil makes another high-impact gas discovery offshore Tanzania

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Statoil reports another high-impact gas discovery offshore Tanzania; the discovery in the Piri prospect is Statoil’s and co-venturer ExxonMobil’s sixth discovery and the fifth high-impact discovery in Block 2 offshore Tanzania. Statoil has been in Tanzania since 2007, when it was awarded the operatorship for Block 2.

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Statoil announces another high-impact natural gas discovery offshore Tanzania

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The discovery of an additional 2-3 trillion cubic feet (Tcf) of natural gas in place in the Mronge-1 well brings the total of in-place volumes up to 17-20 Tcf in Block 2. (1 1 Tcf gas = 180 million barrels of oil equivalent.). The Mronge-1 well discovered gas at two separate levels.

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EPA: US greenhouse gases dropped 3.4% in 2012 from 2011; down 10% from 2005 levels

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US greenhouse gas emissions by gas. The US Environmental Protection Agency (EPA) released its 19 th annual report of overall US greenhouse gas (GHG) emissions, showing a 3.4% decrease in 2012 from 2011. Total emissions of the six main greenhouse gases in 2012 were equivalent to 6,526 million metric tons of carbon dioxide.

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EIA: US energy-related CO2 emissions in 2012 lowest since 1994; reflects drop in coal use

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US energy-related CO 2 emissions in 2012 were the lowest since 1994, at 5.3 With the exception of 2010, emissions have declined every year since 2007. The largest drop in emissions in 2012 came from coal, which is used almost exclusively for electricity generation. Even a modest jump in gas prices could erase this advantage.

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EIA: natural gas use for power falls as industrial use continues to rise; higher prices, cooler summer

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For the first eleven months of 2013, natural gas consumption in the electric power sector was below 2012 levels because of relatively higher natural gas prices compared with coal prices, and cooler summer weather compared with 2012, according to the US Energy Information Administration (EIA).

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