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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36

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

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Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies. This will, of course, come at a cost for energy-hungry regions or consumers. NOCs are still controlled and owned by national governments.

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Day Of Reckoning For US Shale Will Have To Wait

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“We think that banks are generally giving producers more time to improve financial health and that spring ‘16 redeterminations could be much tougher without significant commodity price improvement,” said Jonathan Wolff, an analyst with Jeffries, according to SNL. Maintaining access to finance can come at a price.

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

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One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Live by Energy…. Energy is the foundation of Russia, its economy, its government, and its political system. While oil and natural gas are crucial to Russia, Russia’s crude and natural gas are crucial to its neighbors on the Eurasian landmass. Russia supplied about 30 percent (146.6 Death by Energy.

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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Individual regional forecasts are set to a downtrend, and supply chain impacts are being felt, as the consequences of the virus have shuttered manufacturing and supplier facilities around the world. million units, in the wake of the COVID-19 pandemic. decline in global real GDP in 2020.

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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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Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. At a high level, the report notes that there are few signs that the urgently needed change in direction in global energy trends is underway. Click to enlarge. The passenger vehicle fleet doubles to almost 1.7 billion in 2035.

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