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IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs

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Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

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EPA proposes Renewable Fuel Standard (RFS) volumes for 2023-2025; seeking input on future modifications

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Because the Energy Independence and Security Act of 2007 (EISA) does not include volumes after 2022, this is the first time that EPA is setting these proposed biofuel volume targets without using those outlined in statute. The agency is seeking public input on the proposal to help shape the RFS program in the years ahead.

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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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The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.).

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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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Neste Oil inaugurates Europe’s first pilot plant for producing microbial oil from waste and residues

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Neste Oil celebrated the official opening of Europe’s first pilot plant for producing microbial oil from waste and residues at its site in Porvoo, Finland. Thanks to the technology that we have developed, it will be possible to process straw into a feedstock for premium-quality renewable diesel in the future. Earlier post.)

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Neste publishes updated info about crude palm oil suppliers; feedstock for renewable diesel

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Neste has published updated information about all its crude palm oil suppliers on the company’s website. all companies, mills, and estates that supplied Neste with crude palm oil in 2016. Crude palm oil’s role in Neste’s raw material portfolio has become less significant in recent years.

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Neste Oil and Raisioagro to research the potential of straw as a renewable diesel feedstock via microbial oil

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Neste Oil, developer of the NExBTL process for renewable diesel, and agritrader Raisioagro have launched a research project to investigate the potential of straw as a raw material for producing NExBTL renewable diesel via Neste’s microbial oil technology. The cells are then harvested and the oil recovered. Earlier post.).

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