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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

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. per million Btu (MMBtu).

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Opinion: Can Argentina Capitalize On Its Vast Shale Reserves?

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Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.

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Nuseed secures commercial offtake agreement for carinata with leading biodiesel producer Saipol

Green Car Congress

Nuseed Limited, a wholly-owned subsidiary of Nufarm Limited, has executed a commercial off-take agreement with Saipol, the largest biodiesel producer in Europe, to supply Nuseed Carinata as a feedstock for certified low-carbon oil for renewable fuels and high protein non-GMO meal for livestock feed. —Saipol CEO, Christophe Beaunoir.

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First Nuseed Carinata shipment for biofuel feedstock

Green Car Congress

Grown as a scalable cover crop in Argentina, it will be processed into a renewable fuel with best-in-class greenhouse gas (GHG) reduction. Nuseed added carinata to its global portfolio in November 2019, following a successful pilot project in Argentina and acquiring specific carinata technology from the crop’s developer.

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Soros signals Argentina’s shale is biggest place to be; doubles stake in YPF SA

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One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize—and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas. Earlier post.].

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New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels

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Map of basins with assessed shale oil and shale gas formations, as of May 2013. Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. Source: US EIA. Click to enlarge.

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EIA ups total shale oil resource estimate by 13% to 419B barrels, shale gas by 4% to 7576 Tcf

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The US Energy Information Administration (EIA) continues to expand its assessment of technically recoverable shale oil and shale natural gas resources around the world. Each of the countries has an existing oil and natural gas industry with infrastructure connecting the basins to global markets. Bcf/d from 2005 to 2014.