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2019 NTEA Fleet Purchasing Outlook reveals continued strong demand for biodiesel in diesel trucks

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For the third time in four years, surveyed fleets named biodiesel as their top alternative fuel choice both for current use and future interest. Additionally, biodiesel was named as their top choice for future interest at 14%. It is highly likely that clean energy solutions will remain relevant due to oil price instability.

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

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Together, the group of companies have been developing a more cost-effective way to implement and operate a hydrogen supply chain, following a Memorandum of Understanding (MOU) among the consortium in March 2020. This collaboration comes at a timely moment, on the back of rising oil prices.

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Is A Second OPEC Cut In The Cards?

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OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year.

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GE Aviation testing 100% Gevo Alcohol-to-Jet fuel

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Gevo and LANL are looking to develop a low-cost, catalytic technology that would be bolted-on to Gevo’s existing isobutanol-to-hydrocarbons process to produce high energy density fuels (HEDFs). HEDFs are currently used in air and sea-launched cruise missiles used by the US military forces.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

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The above shows that international hydrocarbon and mining sectors are facing a new obstacle, being confronted by large groups of socially and environmentally engaged shareholders, which are no longer looking at commercial value only. This will, of course, come at a cost for energy-hungry regions or consumers.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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Chevron, already the largest thermal heavy oil producer, is optimizing thermal production in heavy oil fields by leveraging information technology to improve the percentage recovery as well as the economics. Indonesia’s Duri heavy oil field has also achieved an ultimate recovery factor of 70% after employing steamflood technology.

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AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

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Such economic benefits could be realized earlier through effective policies which reduce first mover costs in the short term and promote rapid take-up once non-ICE vehicle price premiums reduce to levels that make them affordable to. travelled (high, medium and low), and vehicle type (passenger, light commercial, or taxi).

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