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Neste Oil launching new low-sulfur marine fuel in December

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Neste Oil will bring to the market a low-sulfur marine fuel in accordance with the EU sulfur Directive requirements entering into force in 2015, and will begin distributing it in mid-December. Vessels operating in these areas either need to install a sulfur scrubber or make a transition to low-sulfur fuel.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017. billion and $2.7

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Air Products heralds successful operation of project to capture CO2 from hydrogen production for use in enhanced oil recovery

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Air Products heralded the successful operation of a US Department of Energy (DOE) demonstration project that will capture approximately one million tons of carbon dioxide (CO 2 ) from hydrogen production for use in an enhanced oil recovery project in which DOE anticipates an additional estimated 1.6-3.1

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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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Oil accounts for most of this decline as, for the first time, global consumer spending on oil is set to fall below the amount spent on electricity. Global investment in oil and gas is expected to fall by almost one-third in 2020. At the same time, many national oil companies are now desperately short of funding.

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IMO selects DNV to investigate potential for LNG-fueled shipping in North American ECA

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Within ECAs, the sulfur content of fuel oil (expressed in terms of % m/m – that is, by weight) must be no more than 1.00% m/m; falling to 0.10% m/m on and after 1 January 2015. This date could be deferred to 1 January 2025, depending on the outcome of a review, to be completed by 2018, as to the availability of compliant fuel oil.

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Ford cuts manufacturing energy use 22% in 6 years; targeting additional 25% Drop by 2016

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At the same plant, a new 500-kilowatt solar panel system has been installed to generate renewable energy for production of Ford vehicles like Focus and Focus Electric. cubic meters per vehicle in 2011 within a corporate goal of reducing the amount of water used per vehicle by 30% between 2009 and 2015.

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Volkswagen Group opts for LNG-fueled car carriers

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The car carriers, equipped with a 3,000 m³ LNG tank installed below deck, will have a comparable capacity to conventional transatlantic freighters. The two LNG ships will replace two of nine conventional freighters in the Siem fleet powered by heavy fuel oil from 2019 onwards. —Wolfram Thomas, Head of Group Production.

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