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Delta Air Lines signs 75 MGPY for 7 years SAF deal with Gevo; oneworld Alliance members plan to buy 200 MGPY

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These feedstocks can then be converted, in some cases, to high-value nutritional products and energy-dense liquid hydrocarbons, including SAF. The agreement is subject to certain conditions precedent, including Gevo developing, financing and constructing one or more production facilities to produce the SAF contemplated by the agreement.

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ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

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The majority of production will be GTL diesel and GTL kerosene. The kerosene and diesel will be off-taken by Uzbekneftegaz under a long term off-take agreement at international linked prices; fuel products will be sold mainly to the domestic market, while naphtha will be exported to downstream refiners. Click to enlarge.

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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

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Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. If You’re a Free Range Oil Producer. percent to $38.1

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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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While the IEA projects surplus production will begin to recede in 2H 2016, they are suffering now (and in any case, it is a projection). The Saudis sold their change to their fellow OPEC members as being in OPEC’s general interest. Market” forces include many components. . billion) and $1 billion ($2.5 billion to $3.5) respectively.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects. Dalan McEndree has a BA in history, MA in European History, M.Phil.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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He argued that rapidly growing production outside OPEC made the existing status quo unviable, and that lower prices in the short term would increase prices in the longer term through reduced investment and ultimately benefit all OPEC members. Saudi Arabia increased production by 6.8 million barrels per day in June. percent in 2016.