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The Next Oil Price Spike May Cripple The Industry

Green Car Congress

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

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Southern Oil to build new biofuels lab in Queensland; focus on renewable diesel and jet

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Australia-based Southern Oil and JJ Richards & Sons, joint venture partners in the Northern Oil Refinery at Yarwun, Australia, are building a new $5.3-million million dollar biocrude and biofuel laboratory in central Queensland on the site of the recently announced Northern Oil Advanced Biofuels Pilot Plant.

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Empa and partners exploring DME as fuel with new heavy-duty test engine

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In cooperation with a major European supplier, a new oil-lubricated common-rail pump had therefore been developed. The platform for these discussions is the “International DME Association” founded in 2001, which currently has 50 members from science and industry. The project still in the pre-competitive phase, Soltic said.

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CRC study finds some adverse results from use of mid-level ethanol blends in MY 2001-2009 engines; DOE and ethanol industry say study significantly flawed

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In June 2008, EPA outlined testing needed for the agency to approve a waiver, and EPA requirements were consistent with test plans developed by the auto and oil industries. million of research sponsored by the auto and oil industries, and $40 million of testing sponsored by the federal government. This testing included more than $14.5

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LanzaTech exploring lipids production as part of its CO2 to acetic acid plans; pathways to renewable fuels

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Part of the challenge is locating sufficient quantities of hydrogen to enable large scale use of the CO 2 in waste gases. The conversion process is being investigated at various institutions and LanzaTech has managed to take acetic acid from its CO 2 conversion broth and make an oil. Washington, DC: The National Academies Press, 2001.

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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. per barrel oil in 2015 and 2016 respectively, while the October projections are based $51.62 by Dalan McEndree for Oilprice.com. — Mad Max: Beyond Thunderdome. and $65.65 respectively.

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JAPEX, JDC and INPEX jointly support JOGMEC’s medium and long-term offshore production test of methane hydrate

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JDC) and INPEX Corporation (INPEX) have concluded a contract to support Japan Oil, Gas and Metals National Corporation’s (JOGMEC’s) medium and long-term offshore production test of methane hydrate. Japan Petroleum Exploration Co., JAPEX), Japan Drilling Co., Earlier post.). Earlier post.).