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EIA forecasts growing liquid fuels production in Brazil, Canada, and China through 2023

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The US Energy Information Administration (EIA) forecasts that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. The United States will account for about 60% of the growth in combined liquid fuels production in all non-OPEC countries.

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Foster Wheeler awarded contract for hydrogen production unit in Kazakhstan for major refinery modernization

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A subsidiary of Foster Wheeler AG’s Global Engineering and Construction Group has been awarded a contract for the basic engineering design of a new hydrogen production unit, based on Foster Wheeler Terrace Wall steam reforming technology, to be built at the Atyrau Refinery in Kazakhstan. ad by the marketing team.).

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ExxonMobil plans five-year investment of $185B to develop new energy supplies; 21 major oil and gas projects to begin production between 2012 and 2014

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Demand for electricity will make natural gas the fastest growing major energy source and oil and natural gas are expected to meet 60% of energy needs over the next three decades. A total of 21 major oil and gas projects will begin production between 2012 and 2014.

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Eni reports first oil from giant Kashagan field in North Caspian Sea

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The oilfield is located in the North Caspian Sea, approximately 80 kilometers (50 miles) southeast of Atyrau, in Kazakhstan. The reservoir is marked by a high proportion of natural gas under high pressure, the presence of high concentrations of hydrogen sulfide and harsh and fluctuating environmental conditions. Map of the field.

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GE Transportation Unveils New Evolution Series Locomotive; 17% Reduction in Fuel Consumption, 70% Reduction in Emissions

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GE Transportation introduced the newest line of fuel efficient and low emissions Evolution Series locomotives, the Model ES44C4. Compared to older DC locomotives, Model ES44C4 uses up to 17% less fuel and reduces emissions by approximately 70%. million tons of carbon dioxide, a major greenhouse gas. The new Model ES44C4.

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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

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By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 Approximately 87% of the 2012 spending program is budgeted for upstream crude oil and natural gas exploration and production projects. China: development of the Chuandongbei natural gas project. million barrels per day.

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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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