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Toyota continues prepare the market for fuel cell vehicle in 2015

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Toyota Motor continues to lay the foundation for the introduction of its production fuel cell hybrid vehicle in 2015; the company began work on fuel cell technology in 1992. Eliminating the need for a humidifier allowed Toyota to simplify the structure of the fuel cell system, making it lighter, smaller and more cost-effective.

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IHS Markit: US oil production growth heading for a major slowdown, as capital discipline and weak prices play out

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The new IHS Markit outlook for oil market fundamentals for 2019-2021 expects total US production growth to be 440,000 barrels per day (b/d) in 2020 before essentially flattening out in 2021. The combination of closed capital markets and weak prices are pulling cash out of the system. Modest growth is expected to resume in 2022.

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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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million vehicles in 2015 to 3.9 Overall, Navigant expects the worldwide market for light-duty NGVs to grow at a compound annual growth rate (CAGR) of 4.3% between 2015 and 2025. Navigant expects Asia Pacific to remain the largest market, with more than 1.56 million in 2025. million, accounting for 2.6% of all LDVs.

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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

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This would be almost 90 times the equivalent figure for 2015, when EV sales are estimated to have been 462,000, some 60% up on 2014. The projected change between now and 2040 will have implications beyond the car market. This would be equivalent to nearly 8% of global electricity demand in 2015. Although some 1.3

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The Next Oil Price Spike May Cripple The Industry

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Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on a downward path. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices.

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Amyris achieves record low cost farnesene production; sales growth in performance polymers and industrial solvents markets

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Amyris, Inc., , a company which converts plant-sourced sugars into renewable hydrocarbons, reports achieving a record low manufacturing cost of $1.75 gallon) for farnesene in September 2015. per liter (US$6.63/gallon)

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