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CompactGTL announces 3,000 bpd commercial small-scale GTL project in Kazakhstan

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CompactGTL will build a commercially deployed small-scale gas-to-liquids (GTL) plant in Kazakhstan. The proposed plant is expected to bring with it significant future commercial and environmental benefits, according to the company. CompactGTL expects to have a fully functioning small-scale GTL plant in operation in 2017.

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Geological Society of London: future supply of rare earth elements could be disrupted by technical, environmental and financial factors

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While scarcity of rare earth elements (REE) in absolute terms is unlikely to be a concern, their future supply could be disrupted by technical, environmental and financial factors, according to a briefing note published by the Geological Society of London. It is this which leads us to be concerned about future supply.

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Groundbreaking in Turkmenistan for major synthetic gasoline plant; first full-scale Haldor Topsøe TIGAS facility

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Turkmenistan is one of the six independent Turkic states and is bordered by Kazakhstan to the northwest, Uzbekistan to the northeast and east, Afghanistan to the southeast, Iran to the south and southwest, and the Caspian Sea to the west. —Bjerne S. Clausen, Chief Executive Officer and President at Haldor Topsøe A/S.

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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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At the meeting the company outlined its major achievements in 2011 and plans for the future. Nine major upstream projects are expected to start-up in the next two years including four in West Africa, Kashagan Phase 1 in Kazakhstan and the Kearl Oil Sands project in Canada. billion oil equivalent barrels. billion oil-equivalent barrels.

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Repsol and Alliance Oil to form an exploration and production JV in Russia

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Alliance Oil will hold a 51% stake in the joint venture and contribute producing assets in Volga-Urals Region while Repsol will own the remaining 49% and make an initial cash investment to finance future growth opportunities.

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EIA ups total shale oil resource estimate by 13% to 419B barrels, shale gas by 4% to 7576 Tcf

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The addition of four countries—Chad, Kazakhstan, Oman, and the United Arab Emirates (UAE)—to a previous assessment covering 42 countries has resulted in a 13% increase in the global assessed total resource estimate for shale oil and a 4% increase for shale gas. Kazakhstan’s oil production increased by 24% to 1.7

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US, China, and G-20 agree to work to global phase down of HFCs

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This was agreed by: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey,the United Kingdom, the United States, and the European Union, as well as Ethiopia, Spain, Senegal, Brunei, Kazakhstan, and Singapore.