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IEA: global energy efficiency progress drops to slowest rate since start of decade

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in 2018, driven in large part by the People’s Republic of China, India and the United States, which were responsible for 70% of demand growth. Gas demand growth was driven by its use in industry and buildings for heating. Oil represented the largest share of final demand, at around 41%, but demand growth slowed to 1.5%

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NTU Singapore to develop technologies to extract hydrogen from liquid organic hydrogen carriers

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The project builds on previous work by the group of companies, along with researchers from NTU and the NUS. This collaboration comes at a timely moment, on the back of rising oil prices. NTU researchers will work closely with our partners to develop better catalysts, and more efficient reactors for extracting hydrogen.

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RedRock Biofuels to supply 3M gallons/year of renewable jet fuel to FedEx through 2024

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Red Rock’s first refinery, funded in part by a $70-million Title III DPA grant from the U.S. FedEx joins Southwest Airlines, which signed a purchase agreement with RedRock in November 2014 for about 3 million gallons per year, in purchasing Red Rock’s total planned available volume of jet fuel. Earlier post.).

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Oil Prices Running Out Of Reasons To Rally

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Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in US shale production. percent in intraday trading on Monday, after a report at the end of last week showed another solid build in the US rig count, the tenth consecutive week that the oil industry added rigs back into the field.

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Hyundai Heavy developing its own floating LNG ship

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Hyundai notes that the development of the FLNG makes Hyundai Heavy the only company that can conduct engineering, procurement, installation and commissioning for both the topside and hull part. Hyundai FLNG has an efficient and economical production capability in that it just takes about 45 months to build.

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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

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High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

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Lux: Total is leading example of oil supermajor expanding into solar plus storage and distributed generation

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Expanding into an area outside of the oil supermajors’ expertise is risky—batteries are a hard business to win even for industry veterans—but action is key as transportation and the grid increasingly march toward more electrification, Lux suggests.

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