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ABI Research: 16B ride-hailing trips completed globally in 2017, 24B expected in 2018; 70% in Asia

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A recent mobility study by ABI Research on regional ride-hailing markets found that 16 billion ride-hailing trips were completed worldwide in 2017. It hasn’t been all success stories for those operating in Asia, however. However, Uber still has a strong market share in India, the third-largest ride-hailing market globally.

Asia 199
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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 New LNG export capacity, primarily in the US, and rising global demand for natural gas drove continued growth in global LNG trade last year. Global LNG export capacity has increased by 29%, or 14.0

Global 259
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HEI study links fossil fuel combustion with more than 1 million deaths globally

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Fossil fuel combustion, a major source of air pollution, contributed to more than one million deaths globally in 2017, more than 27% of all deaths from outdoor fine particulate matter (PM 2.5 ), according to a new report published by the Health Effects Institute (HEI). According to HEI’s State of Global Air , PM 2.5

Global 472
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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

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EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia. Other significant findings of IEO2019 include: Manufacturing centers are shifting toward Africa and South Asia, especially India, resulting in energy consumption growth in those regions.

Asia 220
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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

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According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% through to 2022, driven by the growing popularity of EVs across countries in Asia-Pacific (APAC) and Europe. In 2017, 1.1 million new EVs were sold globally, of which China accounted for more than 50%, followed by the US with 17.3%.

Global 284
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Eni report: global oil reserves and oil production up in 2018 due to US

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In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. WTI, the US light crude, covers 60% of global growth. Asia Pacific’s oil dependence continues to grow, ranking first in terms of deficit. Global oil demand grew by 1.4%, slightly lower than in 2017 (+1.6%) in a context of increasing oil prices.

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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

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Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6 Following nearly two years of declines, observed global oil inventories increased by 77 mb in April. mb below the 2017-2021 average. mb/d increase is expected next year, supported by new refinery start-ups in Africa, the Middle East and Asia.

Oil 210