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The 5 Countries That Could Push Oil Prices Up

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Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. by Nick Cunningham for Oilprice.com.

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EIA: China processed record amounts of crude oil in 2021 but exported less gasoline and diesel

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China’s crude oil processing has also declined because relatively high crude oil prices are making importing crude oil more expensive. They were not granted a second batch of export quotas until August, and those quotas were relatively low.

Oil 370
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NTU Singapore to develop technologies to extract hydrogen from liquid organic hydrogen carriers

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This collaboration comes at a timely moment, on the back of rising oil prices. NTU researchers will work closely with our partners to develop better catalysts, and more efficient reactors for extracting hydrogen. This will not only benefit its citizens, but also support the country’s vision of becoming a more sustainable nation.

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Study finds government and vehicle manufacturers need to introduce long-term incentives and prices cuts to create sustainable market for ultra-low emission vans

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Governments and vehicle manufacturers will need to introduce long-term incentives and price cuts to create a sustainable European market for ultra-low emission vans (ULEV), according to a newly published report by Element Energy, commissioned by the UK Department for Transport. Summary of battery pack cost projections, 2010-2030.

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RedRock Biofuels to supply 3M gallons/year of renewable jet fuel to FedEx through 2024

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Red Rock’s first refinery, funded in part by a $70-million Title III DPA grant from the U.S. FedEx joins Southwest Airlines, which signed a purchase agreement with RedRock in November 2014 for about 3 million gallons per year, in purchasing Red Rock’s total planned available volume of jet fuel. Earlier post.).

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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

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This larger resource leads to about double the shale gas production and more than 20% higher total lower-48 natural gas production in 2035, with lower natural gas prices, than was projected in the AEO2010 Reference case. In 2035, the average real price of crude oil in the Reference case is $125 per barrel in 2009 dollars.

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Australian techno-economic analysis of renewable aviation fuels identifies research priorities to lower the high costs

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The authors presented three process models for production of renewable aviation fuel from microalgae, Pongamia pinnata seeds and sugarcane molasses to produce a minimum selling price for aviation biofuel. Pongamia pinnata is a legume tree which produces a seed rich in oil.) million project.

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