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US exports of petroleum products up more than 60% since 2007 as markets become more globally integrated

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Total US exports of finished petroleum products have increased more than 60% since 2007 as markets have become more globally integrated, according to the US Energy Information Administration (EIA). This trend is driven primarily by finished motor gasoline and distillate fuel oil which are increasingly exported to Latin America.

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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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Mha (20%) of the peatlands of Peninsular Malaysia, Sumatra and Borneo in 2010, surpassing the area of Belgium and causing an annual carbon emission from peat decomposition of 230–310 Mt CO 2 e. Slightly more than half of the GHG emissions for these biofuels in the EPA’s analysis came from land use change. Earlier post.). —Dr.

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New inventory of black carbon emissions from China finds 2007 levels higher than previously reported

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for year 2007. A new black carbon (BC) emissions inventory from China found BC emissions levels in 2007 of 1,957 Gg BC—higher than reported in earlier studies. 2007); and predicted national data from the National Long-term Development Plan (NLDP) (2008?2050). 2007 were used in this study. Credit: ACS, Wang et al.

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ABMI releases first report on biodiversity in Athabasca Oil Sands Area

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The Alberta Biodiversity Monitoring Institute (ABMI) released the first comprehensive report on the status of Alberta’s species in the Athabasca Oil Sands Area (AOSA). It also contains the Athabasca oil sands deposit, which represents 77% of Canada’s proven oil reserves and supports a growing energy extraction sector. “

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Neste Oil complete first phase of its microbial oil pilot plant; feedstock for NExBTL renewable diesel

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Neste Oil plans to use yeast and fungi to convert waste into oil for NExBTL feedstock. Neste Oil has completed the first phase of its project to build a pilot plant for producing microbial oil for use as a feedstock for NExBTL renewable diesel. Click to enlarge. Construction of the plant is on-schedule and on-budget.

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Statoil greenlights $7B Mariner heavy-oil project in UK North Sea

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Statoil has made the investment decision to develop the Mariner heavy oil field development in the UK North Sea. The field was discovered in 1981 and Statoil entered the license as operator in 2007 with the aim of finally unlocking the resources. The heavy oil project will require pioneering technology in order to be developed.

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Statoil Canada oil sands SAGD project produces first oil

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Statoil Canada has produced first oil from its SAGD (steam-assisted gravity drainage) Leismer Demonstration Project (LDP) in the Canadian oil sands after initiating steam injection in September 2010, one month ahead of schedule.

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