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Opinion: Global Oil Supply More Fragile Than You Think

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Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. Now a prevailing sense that oil prices may stay lower for longer has hit the markets. In other words, oil traders are now feeling much gloomier about oil prices several years out than they were at the beginning of 2015.

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Tenneco Powertrain adds hydrogen to its engine testing capabilities

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These two test cells specifically dedicated to hydrogen ICEs enhance the company’s globally integrated ICE test capabilities, supporting original equipment (OE) engine and vehicle manufacturers as they decarbonize the ICE. Preparation of an H 2 ICE test cell.

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First orders for MAN G80 dual-fuel methanol engine

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The engines, which are capable of operation on green methanol and conventional fuel-oil, represent the first order for the G80 bore size; they will also feature MAN Energy Solutions’ proprietary EGR (Exhaust Gas Recirculation) systems. the major South Korean integrated-logistics company.

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Chevrolet introduces second-generation Duramax 4-cylinder diesels; global engine

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The new Duramax engine was engineered in Europe and the US, with global application as one of its developmental objectives. Applications include powering the Colorado pickup truck and Trailblazer SUV for the Thailand and Southeast Asian markets. —Nicola Menarini, Global Chief Engineer, GM Powertrain. liter variants.

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Total and shipping group CMA CGM sign MoU for multifuel solutions; low-sulfur fuel oil and LNG

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Total, the world’s fourth-ranked international oil and gas company, and CMA CGM, a leading worldwide shipping group, have signed a three-year memorandum of understanding to supply a range of multifuel solutions. Fuel oil with a sulfur content of 3.5% —Patrick Pouyanné, Chairman and Chief Executive Officer of Total.

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Wärtsilä releases ECA-compliant lean-burn dual-fuel engine to the US market

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Wärtsilä has released its Wärtsilä 20DF US Tier 4- and ECA-compliant dual-fuel engine for sale in the US market. Wärtsilä dual-fuel main and auxiliary engines allow ships to operate on natural gas, which minimizes their environmental footprint and operational costs and also make it possible to operate without exhaust gas after-treatment.

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Waterfront Shipping takes delivery of second-generation methanol-fueled vessels

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MAN Energy Solutions developed the ME-LGIM dual-fuel engine for operation on methanol, heavy fuel oil (HFO), marine diesel oil (MDO) or marine gas oil (MGO). MAN developed the ME-LGI engine concept in response to interest from the shipping world to operate on alternatives to heavy fuel oil.

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