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EIA: China processed record amounts of crude oil in 2021 but exported less gasoline and diesel

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China processed record amounts of crude oil in 2021 to meet rising domestic consumption of petroleum products, according to analysis by the US Energy Information Administration (EIA). According to China’s National Bureau of Statistics, China processed a record 14 million barrels per day (b/d) of crude oil in 2021, a 4.6%

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UH researchers developing autonomous robot for subsea oil and gas pipeline inspection

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To reduce the number of accidents in the global oil and gas industry caused by damaged pipelines, University of Houston researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. When larger spills happen, pipelines are often the culprit.

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The 5 Countries That Could Push Oil Prices Up

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Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. Geopolitical tension has been largely irrelevant since the collapse of oil prices in 2014, but it’s making a return now that cracks have emerged in some key oil-producing nations. bank Citi said. “The

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GE GHG Ecomagination Innovation Challenge for higher value use of low grade waste heat from oil sands production

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NineSigma, representing the General Electric Company, is inviting participation in a GE GHG Ecomagination Innovation Challenge to create value from excess low grade heat resulting from Steam Assisted Gravity Drainage (SAGD) oil sands production and/or related surface facility operations. Submissions are due 30 September 2014.

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Goodyear determines soybean oil can reduce use of petroleum in tires

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Researchers at the Goodyear Tire & Rubber Company have found in their tests that using soybean oil in tires can potentially increase tread life by 10% and reduce the tiremaker’s use of petroleum-based oil by up to seven million gallons each year.

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CSIRO licenses technology to Amfora for production of oil in leaves and stems of plants; participates in Series A

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US-based biotech startup Amfora and CSIRO (Commonwealth Scientific and Industrial Research Organisation, the federal government agency for scientific research in Australia) signed an agreement to advance development and commercialization of technology to produce oil in the leaves and stems of plants as well as the seeds. Source: CSIRO.

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Cal Energy Commission grants Hydrogen Energy California suspension, denies request to terminate power plant project

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The California Energy Commission committee reviewing the proposed 390-megawatt Hydrogen Energy California (HECA) power plant ( earlier post ) rejected a motion to terminate the project’s application for certification (AFC) and granted a separate request to suspend the AFC for six months.

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