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IHS Markit: US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer

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The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. Meanwhile, mainland China has already become the top global importer of LNG.

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Oil price tumbles after OPEC releases 2015 forecast

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Add to that a new report from the US government’s Energy Information Administration (EIA), which also cut its 2015 forecast for growth in global oil demand by 240,000 barrels per day, down to 880,000 barrels per day. As a result, the price of Brent crude has plunged more than 40 percent since June. You start to price that in now.”.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Coal’s market share of 30.3% Global energy consumption grew by 2.5% globally, and 8.4% These shocks pushed energy prices higher in much of the world, with oil prices reaching a record annual average of more than $100 per barrel (bbl) for the first time. of global energy use, losing share for 12 consecutive years.

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EIA: US became the world’s largest LNG exporter in the first half of 2022

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US LNG exports continued to grow for three reasons: increased LNG export capacity, increased international natural gas and LNG prices, and increased global demand, particularly in Europe. International natural gas and LNG prices hit record highs in the last quarter of 2021 and first half of 2022. Bcf/d nominal (2.1

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Delta Air Lines signs 75 MGPY for 7 years SAF deal with Gevo; oneworld Alliance members plan to buy 200 MGPY

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Based on current assumptions, including those around future pricing of commodities and the future values of certain environmental benefits, Gevo estimates that the agreement should generate approximately $2.8 —Kelly Nodzak, Delta’s Director of Global Jet Fuel Procurement.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

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The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar. We are delighted to be partnering with the CCC to open this new market. CCC is a globally diversified company specializing in Engineering and Construction. Its simplicity allows it to be versatile in its use.

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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. A total of 26 formations within 11 basins were analyzed in these 4 countries.