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Opinion: Expect A Wave Of Consolidation In The Oil Industry

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The point is, with volumes languishing (and probably poised to decline) tied to a flat oil futures price curve and with economics marginal at $60 per barrel, many E&P operators find themselves running through hedges in 2015 and still in need to finance their already reduced capital spending.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Both, it would seem, have incentive to do so, as each has lost over $100 billion in crude revenues in 2015—and Russia bears the extra burden of U.S. by Dalan McEndree for Oilprice.com. and $65.65

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

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million, an increase of 2.4% North America.

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Baker Institute expert suggests assumptions about oil’s influence on politics in the Middle East should be reversed

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Assumptions about oil’s influence on politics in the Middle East should be reversed, according to a new article from an expert at Rice University’s Baker Institute for Public Policy. Instead of oil buttressing autocracy, the article argues that autocracy among oil exporters buttresses oil by encouraging consumption.

Oil 150
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Rosneft and Eni partner to explore fields in the Barents and Black Seas

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The agreement stipulates that Eni will finance comprehensive geological exploration work to confirm the commercial value of the fields. billion barrels of oil equivalent. Earlier seismic work at the block identified 3 promising formations holding total recoverable hydrocarbon resources of more than 7 billion barrels of oil equivalent.

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Report Finds That Biomass-Derived Ethanol in Europe Could Replace Up to 62% of Gasoline Consumption

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Transforming agricultural residues into next-generation ethanol and biochemicals could create up to one million jobs in the EU27 by 2020, while theoretically replacing up to 62% of the EU’s forecast fossil-based gasoline consumption, according to a new study released by Bloomberg New Energy Finance with the support of Novozymes and DSM.

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Deutsche Bank CCA report highlights Chinese global leadership toward a low-carbon economy; 12th Five-Year Plan

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The spending in the 12th Five Year Plan for the period 2011 through 2015 represents 60% of the investment capital allocated for the decade. The Draft Plan establishes goals for 2015, in addition to many of the 2020 targets already announced. hectares and high-speed rail is targeted to expand by 47,000 km between now and 2015.

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