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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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A new study , commissioned by the International Chamber of Shipping and prepared by Professor Dr. Stefan Ulreich from Germany’s University of Applied Sciences, finds that the global shipping industry will require the equivalent of the world’s entire current renewable energy demand in order to replace fossil fuel use. London, UK.

Renewable 210
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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This trend was already underway before the pandemic, due to cost-competitive gas in key sectors including power, industry and transport, and major regions including Europe, North America and Asia. The development of an international hydrogen market could also accelerate adoption. —Jon Moore, CEO of BNEF. MMbtu in Russia, $8.7/MMbtu

Gas 243
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SEAT to introduce 500 km MEB-based EV, Leon PHEV in 2020

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Built on the Volkswagen Group’s MEB platform, the new EV will feature a range of 500 km (311 miles). In addition, the brand will remain committed to vehicles powered with compressed natural gas (CNG) as well as internal combustion engines. SEAT, a member of the Volkswagen Group, will introduce its first fully electric vehicle in 2020.

2020 239
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Opinion: How Much Longer Can OPEC Hold Out?

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OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. As per its state run oil company PDVSA, the country loses about $700 million a year with every $1 drop in the international oil price.

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Europe Expands Virtual Borders To Thwart Migrants

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By delivering the migrants there, the masters of the Maltese vessels, and perhaps the European rescue authorities involved, may have violated the international law of the sea, which requires ship masters to return people they rescue to a safe port. billion) a year internally on managing migration, not counting national-level spending.

Europe 140