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Audi introduces R33 Blue Gasoline for factory fills in Germany

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Audi plants’ filling stations transitioned to R33 Blue Diesel ( earlier post ) last year; Audi has now introduced the gasoline counterpart, R33 Blue Gasoline. R33 Blue Gasoline ( earlier post ) now replaces conventional E10 gasoline. The renewable portion of the gasoline consists of 10% fuel oxygenates—e.g.,

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EIA expects record global petroleum consumption in 2024, with lower crude oil prices

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The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. EIA also expects oil production in Canada, Brazil, and Norway collectively to grow 12% from 2022 to 2024, and also expects growth from new sources such as Guyana.

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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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EIA forecasts 2023 global production of liquid fuels to exceed 101 MMb/d for first time

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Energy Information Administration (EIA) increased its forecast for the 2023 Brent crude oil price by 2.5% This change came after OPEC and its partner countries (OPEC+) announced crude oil production cuts for 2023. EIA expects the Brent crude oil spot price to average $85 per barrel in 2023, $3 per barrel higher than its March forecast.

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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

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The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 As for OPEC+, total oil output in 2023 may fall as embargoes and sanctions shut in Russian volumes and producers outside the Middle East suffer further declines. Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6

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HF Sinclair selects Topsoe’s HydroFlex technology to produce renewable diesel at three facilities in US

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The renewable units in Cheyenne (6,000 BPD) and Sinclair (10,000 BPD) are from the conversion of crude oil refinery assets whereas the Artesia (9,000 BPD) renewable unit is a grassroots renewable facility. Asset map showing the three HF Sinclair renewable diesel refineries.

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Acelen to invest $2.44 billion over 10 years to produce renewable diesel and SAF in Brazil

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billion) over the next 10 years in the production of renewable diesel and sustainable aviation fuel (SAF) through the hydrotreatment of vegetable oils and animal fat. Mubadala Capital is the asset management subsidiary of Mubadala Investment Company, a leading global sovereign investor headquartered in Abu Dhabi.

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