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TransCanada terminates Energy East Pipeline and Eastern Mainline projects

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million barrels of crude oil per day from Alberta and Saskatchewan to the refineries of Eastern Canada and a marine terminal in New Brunswick. Transcanada began the application process in 2013, when oil prices were substantially higher. The company has also faced unrelenting environmental opposition to the projects.

Energy 150
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First reference installation of Opcon Waste Heat Recovery technology for ships; potential for 5–10% fuel savings

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Opcon, in collaboration with Wallenius Marine, recently completed the first reference installation of its Waste Heat Recovery technology for ocean-going vessels in a project supported by the Swedish Energy Agency. The company has now received official approval from Lloyd’s Register for use at sea. Opcon Powerbox ORC Marine version.

Waste 300
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Hyundai Heavy begins exporting LNG engine

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Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading marine engine manufacturer, has begun exporting the gas engine Hyundai HiMSEN H35/40GV after completing test runs. The new gas engine runs on liquefied natural gas rather than heavy crude oil and has a maximum power output of 13,000 bhp (9,694 kW).

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GE and Sargas AS partner on gas-fired plants with carbon capture for enhanced oil recovery

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Traditional EOR supplies of naturally occurring carbon dioxide stored underground is running out, and with oil prices expected to remain above $80/bbl it is important for oil companies to maximize oil production with enhanced oil recovery. — Sargas’ Chief Executive Henrik Fleischer.

Oil 220
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IHS Markit: shippers, refiners scrambling to respond to IMO signals on low-sulfur fuel enforcement

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The level of compliance by shippers has been widely viewed as the one of the greatest uncertainties surrounding the implementation of the IMO’s new marine fuel regulations, and the compliance level has a significant weighting on projections for refined fuel prices, spreads and margins during the IMO 2020 disruption period,IHS Markit said.

Fuel 170
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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Meanwhile, aviation and marine fuel demand could add 200 BGPY or more to global transportation fuel demand by 2021.despite Ultimately, widespread commercialization will depend on whether these ventures can reach price. Pike Research estimates that. parity with petroleum-based fuels. — Biofuels Markets and Technologies.

Global 253
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Hyundai Heavy developing its own floating LNG ship

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PETRONAS has awarded Daewoo Shipbuilding & Marine Engineering Co., 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. Earlier post.) The Hyundai FLNG has an annual production capacity of 2.5

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