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ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

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million loan to help Kazakhstan modernize its transport system. Improved transport connectivity will help increase trade links between Kazakhstan and the markets in East Asia, the Caspian Sea region, and further to Europe. The Asian Development Bank (ADB) has approved a $240.3-million

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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

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The largest source of growth in 2010 is the United States, followed by Brazil, Azerbaijan, and Kazakhstan. US crude oil production averaged 5.32 The forecast has the annual average regular grade retail gasoline price increasing from $2.35 in 2011, primarily because of projected rising crude oil prices.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply.

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