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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Emerging economies accounted for all of the net growth, with OECD demand falling for the third time in the last four years, led by a sharp decline in Japan. World natural gas consumption grew by 2.2%, below average in all regions except North America where low prices due to the shale gas “revolution” drove robust growth.

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3 Oil Majors That Bet Big On Renewables

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It is instructive to note that a NOC, and not an independent oil company, has the most ambitious green strategy of them all. For instance, Total has lined up an 800 megawatt (MW) solar project in Qatar where it will own a 49% stake in the project when it is completed in 2021.

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War in Ukraine: We Need to Talk About Fossil Fuels

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All of this helps explain why, though sanctions aimed at prominent Russian individuals are merely symbolic, those targeting major banks are serious—and why there has been only a single direct move against Russia’s energy sector: the cancellation of the Nord Stream 2 gas pipeline. Certification of the €9.5 Consumption of E.U.-produced

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