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$67 Oil Has All The Majors Converging in Argentina

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Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. by Nick Cunningham of Oilprice.com.

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Opinion: Can Argentina Capitalize On Its Vast Shale Reserves?

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Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.

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Evonik builds new catalyst plant for biodiesel production in Argentina

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Germany-based Evonik Industries is building a new plant for manufacturing catalysts for biodiesel production in Argentina. The plant, which is expected to be operational by the end of 2012 at the latest, will supply ready-to-use alcoholates as catalysts for the production of biodiesel from renewable resources.

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Rio Tinto to acquire Rincon Mining lithium project for $825M

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Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina from Rincon Mining , a company owned by funds managed by the private equity group Sentient Equity Partners, for $825 million. The project is a long-life, scaleable resource capable of producing battery-grade lithium carbonate.

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Worldwatch Institute: global biofuel production fell in 2012 for first time since 2000

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In 2012, the combined global production of ethanol and biodiesel fell for the first time since 2000, down 0.4% billion gallons US) in 2012. billion gallons US) in 2012. The top five ethanol producers in 2012 were the United States, Brazil, China, Canada, and France. billion gallons) of fuel ethanol in 2012.

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Soros signals Argentina’s shale is biggest place to be; doubles stake in YPF SA

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One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize—and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas. Earlier post.]. “I

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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. Batteries accounted for 27% of global lithium consumption in 2012, up from 15% in 2007 and 8% in 2002. The lithium industry is therefore becoming more reliant on rechargeable batteries to sustain high rates of future demand growth, Roskill concludes.

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