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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 Mariner Field is located on the East Shetland Platform of the UK North Sea approximately 150 km east of the Shetland Isles. The heavy oil project will require pioneering technology in order to be developed.

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UK Government approves Statoil’s US$7B development of North Sea Mariner heavy oil field

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The UK government’s Department of Energy and Climate Change (DECC) approved the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field. Location of the Mariner field. Statoil expects to start production from Mariner in 2017, and the field is expected to produce for 30 years.

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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d in 2017.

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API: total US petroleum demand topped 20.8 mb/d in July, highest since 2005; on-road fuel demand down

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mb/d, its strongest level since 2007. The increase in demand came as the US continued to sustain world-leading production, which continues to meet virtually all global oil demand growth. Other Highlights from the July 2019 Monthly Statistical Report include: Sustained world-leading crude oil production at a record pace of 12.0

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EPA: US Greenhouse Gas Emissions Rose 1.4% in 2007

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The US Environmental Protection Agency (EPA) has released the national greenhouse gas inventory, which finds that overall emissions during 2007 increased by 1.4% Total emissions of the six main greenhouse gases in 2007 were equivalent to 7,150 Tg of carbon dioxide. percent from 1990 to 2007. in total between 2005 and 2007.

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Report Finds that GHG Reductions of More Than 50% from Projected BAU Levels by 2050 from Aviation and Marine Transportation Sectors Are Possible

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Global GHG mitigation potential from aviation and marine transportation. Aviation and marine transportation combined are responsible for approximately 5% of total GHG emissions in the United States and 3% globally and are among the fastest growing modes in the transportation sector. Source: McCollum et al. Click to enlarge.

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Requiring Lower Sulfur Marine Fuels Could Reduce Emissions-Related Deaths by Up to 50% Annually By 2012

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Requiring ships to use marine fuel with 0.1% In a 2007 study, Winebrake and James Corbett from the University of Delaware (who is a co-author of the current study) concluded that pollution from marine shipping causes approximately 60,000 premature cardiopulmonary and lung cancer deaths around the world each year. Credit: ACS.

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