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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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GECF: more than a quarter of 2050 natural gas supply untapped

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Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). It will see production rise across all regions of the world, with the exception of Europe, where it will decline by 70% by 2050.

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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.

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Toyota Europe Q1 hybrid sales up 82.3% for 20% of total sales; Auris Hybrid the leader

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Cumulative sales of Toyota and Lexus full hybrid models in Europe since 2000 reached 544,184 units at the end of March 2013, contributing to some 10% of Toyota’s global full hybrid sales. The European automotive industry is still experiencing an increasingly shrinking market. Both models performed strongly across markets in Europe.

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Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

Mercedes-Benz CEO Ola Kallenius has told the German media that the brand has no intention of cutting ties with China, saying such a move would be unwise for the whole of Germany industry.& & "The major players in the global economy, Europe, the U.S. This purchasing power should benefit us." influence.&

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

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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. A combined $19 billion in write-downs was recorded in the last week of October as the oil industry reported third quarter earnings.

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Opinion: Uranium Prices Set To Double By 2018

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Mining Weekly expects “the period from 2017-2020 to be a landmark period for the nuclear sector and uranium stocks, as the global operating nuclear reactor fleet expands.”. At the same time, the uranium industry is not producing the uranium needed to feed the hundreds of new reactors slated to come online. Not even close.

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