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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

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As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil.

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

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One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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12 Environmental Organizations Urge Closing of Potential Tar Sands Loophole in EU Draft Fuel Quality Directive

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Article 7a of the directive says lifecycle greenhouse gas emissions from transport fuels must be reduced by 6% by 2020, a move environmental NGOs welcomed when it was agreed upon two years ago. Fuels produced from highly greenhouse-gas-intensive tar sands would thus be treated the same as less damaging sources of oil.

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Increase in US rig count will not cap oil prices

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The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

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Study concludes transport regulations should focus on energy-intensity-based fuel standards along with regulation of upstream carbon-intensity; decomposing transport GHG emissions into 3 factors

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Click to enlarge.with diversified fuel supply chains and alternatives to the internal combustion engine, existing policy instruments need to further evolve to ensure efficiency in terms of setting harmonized incentives across different technologies and fuel chains, and effectiveness in achieving emission reduction objectives.

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Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

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The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. OPEC and US crude oil production.

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Microbial Capacitive Desalination Cell could make treatment and reuse of oil and gas wastewater simpler, cheaper

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Oil and gas operations in the United States produce about 21 billion barrels of wastewater per year, with accompanying disposal costs of about $5 billion per year. The internal potential generated between the anode and the cathode drives additional salt removal, and the energy can be harvested for electricity and chemical production.

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