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EIA: US crude oil exports reached record levels in 2020 and remain high in 2021

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The most recent four-week rolling average of US crude oil exports reached 3.51 In 2013, the US government lifted export restrictions on minimally processed ultra-light oil. The four-week rolling average of US crude oil export volumes has not fallen below 2.00 As of 16 July, the WTI crude oil price averaged $2.82/b

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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive. North America continues to be an impetus to global light vehicle demand levels. North America. from last year. million units. million units.

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SK Innovation to end Li-ion JV with Continental due to slow demand growth for EVs

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The two companies launched the JV, SK Continental E-motion, in January 2013, with the mission of developing, producing and distributing lithium-ion based battery systems for cars and light commercial vehicles. Earlier post.). SK Innovation had a 51% stake while Continental owned 49%. billion won (US$13.87

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TransCanada terminates Energy East Pipeline and Eastern Mainline projects

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Transcanada began the application process in 2013, when oil prices were substantially higher. In light of the project’s inability to reach a regulatory decision, no recoveries of costs from third parties are expected. The company has also faced unrelenting environmental opposition to the projects.

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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

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AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

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Eni report: global oil reserves and oil production up in 2018 due to US

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The tight oil production phenomenon continued to increase the share of sweet light crudes, which rose above 20% worldwide. WTI, the US light crude, covers 60% of global growth. Asia Pacific’s oil dependence continues to grow, ranking first in terms of deficit. recorded in 2013-2017.