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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

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billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. ExxonMobil’s reserves life at current production rates is 14 years. billion gross oil-equivalent barrels prior to the 2018 Ranger discovery. Additional exploration drilling in Guyana is planned in 2018 on the 11.5

2017 186
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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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Synthetic graphite electrode prices rose nine-fold through the first three quarters of 2017, increasing from US$1,748/t in January 2017 to a high of US$16,309/t in September, according to Roskill Information Services. Despite some fallback during the winter months, prices remained above US$15,600/t through February and March 2018.

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Petrobras sells sugar, ethanol and petrochemical assets for US$587 million

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The company has eight industrial units: seven in Brazil, in the state of São Paulo (Andrade, Cruz Alta, São José, Severínia, Mandu, Tanabi and Vertente mills, the last in a joint venture with the Humus Group, which owns 50%) and one in Africa, in Mozambique (Sena mill). Alpek is a listed Mexican company, owned by Alfa, S.A.B.

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Roskill: Spread of COVID-19 threatens cobalt supply; bottlenecks out of DRC

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According to a January 2020 report from the US Geological Survey (USGS), the DRC is the world’s leading source of mined cobalt, supplying approximately 70% of world cobalt mine production. With the exception of production in Morocco and artisanally mined cobalt in DRC, most cobalt is mined as a byproduct of copper or nickel.

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