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Agreements reached on trans-Guinean infrastructure in milestone for Simandou iron ore project

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Rio Tinto and the Simfer joint venture (Simfer) reached an important milestone by concluding key agreements with the Republic of Guinea (West Africa) and Winning Consortium Simandou (WCS) on the trans-Guinean infrastructure for the world class Simandou iron ore project. Aerial view of Simandou project.

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BMW Group Plant Landshut light metal foundry recertified by Aluminum Stewardship Initiative (ASI)

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Sustainable extraction of raw materials and conscious use of resources play a key role for our in-house component production and our global supplier network. The circular economy is also key to reducing emissions and conserving natural resources. The responsibility of the BMW Group extends beyond recycling to the aluminum used.

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ExxonMobil evaluating significant near-term capital and operating expense reductions; COVID-19

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Woods the had also outlined progress on key projects that support ExxonMobil’s growth plans, including: In Guyana, the estimated gross recoverable resource from the Stabroek Block increased to more than 8 billion oil-equivalent barrels, in part as a result of six additional discoveries made in 2019 and 2020. million net acres.

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GECF: more than a quarter of 2050 natural gas supply untapped

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Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF).

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RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

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Bartis and RAND colleague Lawrence van Bibbe were the authors of a 2011 RAND report concluding that if the US military increased its use of alternative jet and naval fuels that can be produced from coal or various renewable resources, including seed oils, waste oils and algae, there would be no direct benefit to the nation’s armed forces.

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Sasol embarking on feasibility study on a US gas-to-liquids facility in Louisiana

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A 2004 lifecycle analysis synthesis report prepared by Five Winds International for ConocoPhillips, Sasol Chevron and Shell International Gas concluded that: Total GHG emissions of the GTL system are between 12% less and 11% more than the refinery system, based on varying assumptions and data. Earlier post.)

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GE study finds 5% of worlds natural gas production wasted per year by flaring

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It is becoming increasingly clear that the next phase of flare gas eradication will require a major, coordinated effort from central and regional governments, oil and gas producers, technology providers, and the international community. It will help slow global warming while also saving scarce natural resources.

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