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Navigant forecasts global natural gas fleet of 34.9M by 2020

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Cumulative natural gas vehicles in use by segment, world markets: 2013-2020. In a new report , Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 Asia Pacific is the largest market for LNG trucks; Navigant forecasts a CAGR of 25%, reaching 11,245 units.

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Neste testing renewable gasoline in Sweden for possible commercialization internationally

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Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel (SAF), is beginning the final phase of testing of a renewable gasoline for drop-in commercial use in the existing fleet. The EU recently increased its target for the reduction of the greenhouse gas emissions by at least 55% by 2030.

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EIA expects increased US crude oil production, with continued high petroleum prices in 2022

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The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 A high level of uncertainty remains in our outlooks, but we have consistently forecast that elevated crude oil prices would help drive record-level annual US oil production levels in 2023. million barrels per day this year and 12.8

Oil 344
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Navigant forecasts LD natural gas vehicles to account for 2.8% of global vehicle parc by 2024

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In a new report , Navigant Research forecasts that light-duty natural gas vehicle (LD NGV) sales will grow 119% between 2014 and 2024, culminating in 42.1 Navigant forecasts only 56,251 LD NGV sales in 2014 in North America. Forecasts Natural Gas' Cumulative light-duty NGV sales by segment. Source: Navigant.

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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 forecasts that the European benchmark Brent crude oil price will average less than $80 per barrel in 2024, more than 20% lower than in 2022. per gallon in 2023 and $3.10

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EIA forecasts US crude oil production rate to break record high in 2018 and again in 2019; 10.3 and 10.8 million b/d

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In its latest edition of the Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that US crude oil production will average 10.3 EIA also forecasts that 2019 crude oil production will rise further to an average of 10.8 million b/d of the forecast 1.2 million b/d set in 1970. million b/d.

2018 207
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EIA expects 7% increase in US energy-sector CO2 emissions as economic activity increases during 2021

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EIA forecasts coal-related CO 2 emissions will increase by 17% in 2021 because the share of US electricity generated by coal has increased significantly this year. Other highlights of the STEO include: US consumption of natural gas will decrease 1.0% in 2021, largely due to less electricity generated from natural gas.

CO2 305