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$67 Oil Has All The Majors Converging in Argentina

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Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. by Nick Cunningham of Oilprice.com.

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Opinion: Can Argentina Capitalize On Its Vast Shale Reserves?

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Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.

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Shell starts production at Vito in US Gulf of Mexico; new, simplified design

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Vito, Shell’s newest platform in the US Gulf of Mexico Vito is a four-column semi-submersible host facility with eight subsea wells (31,000 feet or 9,400 meters) with deep (18,000 feet or 5,500 meters) in-well, gas lift, and associated subsea flowlines and equipment. The Vito development is owned by Shell Offshore Inc.

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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

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A new report from Pike Research forecasts that the global natural gas vehicle (NGV) sector is poised for a new period of growth. The cleantech market intelligence firm forecasts that the number of NGVs on the road worldwide will grow to 17 million vehicles by 2015, up from 9.7 between 2008 and 2015 (compared to 2.7%

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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

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Cleantech research firm Pike Research forecasts growth in natural gas vehicles (NGV) on the road worldwide to 17 million units by 2015, up from 9.7 to reach just over 3 million vehicles (including conversions) by 2015. The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. Availability.

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Soros signals Argentina’s shale is biggest place to be; doubles stake in YPF SA

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One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize—and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas. Earlier post.].

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Queen’s University Belfast researchers synthesize “porous liquid”; applications in more efficient chemical processes

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The researchers in the School of Chemistry and Chemical Engineering at Queen’s, along with colleagues at the University of Liverpool, UK, and other international partners, found that the new liquid can dissolve unusually large amounts of gas, which are absorbed into “holes” in the liquid. Nicola Giri, Mario G. Costa Gomes, Andrew I.

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