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EIA: US crude oil exports reached record levels in 2020 and remain high in 2021

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Despite volatility in global oil markets, US crude oil exports reached a record high in 2020, according to the US Energy Information Administration (EIA). In the summer of 2015, the United States and Mexico entered into an oil exchange agreement, and the restrictions on oil exports were fully lifted in December 2015.

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IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

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Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

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Ford unveils 2015 Expedition full-size utility; 3.5L V6 EcoBoost displaces 5.4L V8

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2015 Expedition. Ford unveiled the 2015 Expedition—Ford’s largest utility vehicle—in Dallas ahead of the 2014 DFW Auto Show. Texas is Ford’s largest market by sales volume, and home to the top two cities for Expedition sales: Dallas and Houston. The 2015 Ford Expedition will feature the 3.5-liter,

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Texas: From Shale Boom to Water Revolution

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Texas is famous the world over for two things on a massive scale: oil and droughts. Not only does Texas have the Permian Basin and the Eagle Ford shale, but it also has the Gulf of Mexico and its massive oil deposits and endless gallons of seawater that are now economically treatable thanks to next generation water processing technology.

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Itochu joins with KKR to buy US oil and gas firm Samson; eyeing exporting shale LNG to Japan by 2015

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aiming to start exporting liquefied natural gas to Japan as early as 2015. billion deal would be the largest leveraged buy-out globally outside the real estate sector this year. to launch facilities as early as 2015 to liquefy shale gas. The Nikkei reports that trading house Itochu Corp. The Financial Times notes that the $7.2

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Zinnov: automotive witnessing highest disruption among all industries; ~$6B invested in start-ups in FY 2015

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Management consulting firm Zinnov released its latest study conducted on the Automotive R&D Globalization Landscape, presenting a global engineering R&D analysis on the top 60 automotive companies and how are they leveraging the global R&D ecosystems to improve engineering output and efficiency.

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IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

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Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. With global demand expected to grow by 1.2

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