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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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California ARB releases four new LCFS pathways for renewable diesel; 20.28 - 53.86 gCO2e/MJ

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The California Air Resources Board (ARB) Low Carbon Fuel Standard (LCFS) staff has released for public comment four new Tier 2 renewable diesel (RD) pathways using soy oil, used cooking oil, tallow, and corn oil at the Diamond Green facility in St. Used Cooking Oil. Charles, Louisiana. Total (gCO 2 e/MJ).

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Viridos executes agreement with ExxonMobil to help scale algae biofuels toward commercial levels

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In 2009, EMRE launched what it calls a “significant” new program to research and develop advanced biofuels from photosynthetic algae that are compatible with today’s gasoline and diesel fuels. In addition to their use in heavy transport, the algae biofuels could be used for aviation, commercial trucking, and maritime shipping.

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EIA: rising North Dakota oil production and demand spurs two new small refineries

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The impetus for the state’s second and third refineries is the rapid increase in demand for diesel fuel and kerosene for trucking and industrial use within the state. With a capacity of 58,000 bbl/d, its primary products include diesel fuel, jet fuel, heavy fuel oils, and liquefied petroleum gas. Source: EIA. Click to enlarge.

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California Energy Commission approves plan to invest up to $115M for hydrogen fueling infrastructure; 111 new stations by 2027

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San Francisco-based Equilon Enterprises (doing business as Shell Oil Products U.S.) Since 2009, $125 million has been invested through the Clean Transportation Program to install or upgrade 62 publicly available hydrogen stations capable of light-duty vehicle fueling. Irvine-based FirstElement Fuel, Inc., received $15.5

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Argonne analysis shows greenhouse gas emissions similar for shale, conventional oil

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Shale oil production generates greenhouse gas emissions at levels similar to conventional crude oil production, according to a pair of new studies released by the US Department of Energy’s Argonne National Laboratory. These are shale formations with low permeability and must be hydraulically fractured to produce oil and gas.

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J.B. Hunt Transport Services Signs Cooperative Agreement with Algal Oil Producer SunEco Energy

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Hunt Transport Services, Inc., one of the largest transportation logistics companies in North America, and algal oil producer SunEco Energy signed a cooperative agreement, which could lead to J.B. Hunt becoming a significant purchaser of biodiesel made from natural algae oil using SunEco Energy’s proprietary technology.

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