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GE and Shenhua open coal gasification joint venture in China

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The region’s coal industry comprises China, India, Australia, Indonesia, Kazakhstan, Thailand, Vietnam and New Zealand. Gasification converts coal into a synthesis gas (or syngas) that can then be used to produce chemicals or other products. China contributed 68% towards the region’s total coal production in 2011.

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Opinion: Uranium Prices Set To Double By 2018

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As Scientific American opines , “Nuclear energy’s clean bona fides may be its saving grace in a wobbling global energy market that is trying to balance climate change ambitions, skittish economies and low prices for oil and natural gas.”. Considering that nearly half of the U.S.’

2018 150
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Natural gas also plays a growing role in the transport sector, its share rising from 3% to 4%. billion in 2035. —WEO 2011.

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