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US Shale Is Immune To An Oil Price Crash In 2017

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shale in particular—is effectively capping the oil price gains from that agreement. Four months after the OPEC/NOPEC deal took effect, oil prices dropped to the levels preceding the agreement, amid concerns over still stubbornly high inventories and rising U.S. oil production,ā€ the consultancy noted.

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Navigant Research forecasts 58% growth in global biofuels consumption by 2022; biodiesel and drop-in fuels gain market share

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In a new report, ā€œ Biofuels for Transportation Market sā€, Navigant Research forecasts that global demand for biofuels in the road transportation sector will grow from representing almost 6% of the liquid fuels market in 2013 to roughly 8% by 2022. billion gallons per year (BGPY) in 2013 to more than 51.1

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BP approves revamped $9B Mad Dog Phase 2 project in the deepwater Gulf of Mexico; down from original $20B cost

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BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Oil production is expected to begin in late 2021. In 2013, BP (operator, with 60.5%

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

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AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

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Shell to halt 80K bpd Carmon Creek oil sands project

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Royal Dutch Shell plc will not continue construction of the 80,000 barrel per day Carmon Creek thermal in situ oil sands project located in Alberta, Canada. After careful review of the potential design options, updated costs, and the companyā€™s capital priorities, Shellā€™s view is that the project does not rank in its portfolio at this time.

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Australian techno-economic analysis of renewable aviation fuels identifies research priorities to lower the high costs

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This Australian research is an important part of Boeingā€™s global commitment to supporting research into sustainable aviation biofuels. 2013), Technoeconomic analysis of renewable aviation fuel from microalgae, Pongamia pinnata , and sugarcane. Weā€™ve proven that aircraft can fly on biofuels. Klein-Marcuschamer, D., Dietzgen, R.

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