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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

Green Car Congress

Based on current assumptions, including those around future pricing of commodities and the future values of certain environmental benefits, Gevo estimates that the agreement should generate approximately $2.8 Gevo has signed a “take-or-pay” agreement with Delta Air Lines, Inc.

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Suncor Energy sells majority of conventional natural gas business in Western Canada for $1B

Green Car Congress

Suncor Energy has reached an agreement to sell the conventional portion of its natural gas business in Western Canada for $1 billion to a newly established partnership between Centrica plc and Qatar Petroleum International. Estimated production from this business in 2013 is approximately 42,000 boe/d (90% gas).

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Power shortages from the shut-down of the TEPCO Fukashima Daiichi nuke plant likely to be met by LNG

Green Car Congress

This generation was effectively replaced by gas-fired generation using LNG, with an impact on the global LNG market through higher spot prices and sales. The most likely sources of spot LNG would be Qatar and the Atlantic Basin. The same may well happen again.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ). percent of GDP in 2014. Natural gas data from Gazprom). billion respectively).

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Oil Prices Running Out Of Reasons To Rally

Green Car Congress

Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in US shale production. The gains in the rig count come even as oil prices have held steady in the mid- to low-$50s per barrel. The pace and magnitude of each trend will ultimately drive oil prices one way or the other.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. The Saudis obviously miscalculated the degree to which their shift would negatively impact oil prices.

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ABB charges into the future with Formula E

Charged EVs

The fleet market may be red-hot today, but as battery prices continue to decrease, demand for fleet EVs, and associated charging services, could break the thermometer. “We Most of the first-world countries in the world today, they’re banning the sale of internal combustion engine cars [by] 2025, 2030. It’s not the future anymore.