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Hyundai North America joins Shell Hydrogen’s Project Neptune to grow hydrogen refueling infrastructure in California

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Hyundai Motor North America (HMNA) has joined Equilon Enterprises LLC (d/b/a Shell Oil Products US), also referred to as Shell Hydrogen, in Project Neptune to grow the hydrogen refueling infrastructure in California. —Olabisi Boyle, vice president of Product Planning and Mobility Strategy, Hyundai Motor North America.

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IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs

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Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018. —Spencer Welch.

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EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

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The US Energy Information Administration (EIA) released its Reference case projections for US energy markets through 2035. The Reference case projections include only the effects of policies that have been implemented in law or final regulations. Over the next 10 years, continued development of tight oil (e.g., Source: EIA.

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Southern Rock Energy Partners picks Cushing, OK as site for new $5.56B 250 kbpd crude refinery

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Cushing is the “Pipeline Crossroads of the World” for crude oil with approximately 100 million barrels of storage in the tank farms surrounding the community. Cushing is the delivery point for West Texas Intermediate, a blend of US light sweet crude oil streams traded on the New York Mercantile Exchange.

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First orders for MAN G80 dual-fuel methanol engine

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The engines, which are capable of operation on green methanol and conventional fuel-oil, represent the first order for the G80 bore size; they will also feature MAN Energy Solutions’ proprietary EGR (Exhaust Gas Recirculation) systems.

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$67 Oil Has All The Majors Converging in Argentina

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Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. by Nick Cunningham of Oilprice.com.

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Opinion: Consumers winning with low oil prices, for now

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Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 by Thomas Miller for Oilprice.com. Bernard Weinstein, Ph.D.,