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Westport Fuel Systems awarded €38M program to supply LPG fuel systems to a global OEM

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has been awarded a program to develop and supply liquefied petroleum gas (LPG) systems for a number of vehicle applications for a global original equipment manufacturer (OEM). Westport will provide fuel systems solutions for the Euro 6 applications to this OEM, supplying the entire LPG system from the fuel tank to the fuel injectors.

Supplies 199
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Westport awarded additional production supply agreement for Euro 7 LPG fuel systems by global OEM

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Westport Fuel Systems has been designated as the supplier of liquified petroleum gas (LPG) systems to a global original equipment manufacturer (OEM). This is in addition to the previously announced production supply agreement, adding new Euro 7 vehicle platforms planned for production by the OEM. —David M.

Supplies 150
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Jaguar Land Rover produces more than 1.5M Ingenium engines; adds new straight-six diesel MHEV to family; fuel cell concept coming

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The UK manufacturer is now adding a new straight-six diesel to the family. The advanced Ingenium family, which includes a range of diesel, gasoline and electrified engines, are built to maximise performance while at the same time reducing the environmental impact and running costs for customers.

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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. Areas of uncertainty include Russian oil supply and OPEC production. EIA forecasts US gasoline prices to average around $3.30 per gallon in 2024.

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ExxonMobil: diesel will surpass gasoline as the number one global transportation fuel by 2020

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Diesel will surpass gasoline as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040, according to ExxonMobil’s recently published Outlook For Energy: A View To 2040. Diesel demand accounts for 70% of the growth in demand for all transportation fuels through the forecast period to 2040.

Gasoline 383
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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. million vehicles.

Brazil 296
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EIA: US retail diesel prices increase to >$6 per gallon in the Northeast; nearly equal to California

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On 16 May 2022, the average US on-highway retail diesel fuel price was $5.61 Although retail diesel prices have increased across the entire United States, prices in the Northeast have increased the most and are now among the highest in the country. On 16 May, the average retail diesel price was $6.43/gal

Diesel 259