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US offshore oil and gas leasing plan for 2017-2022 focuses on Gulf of Mexico, excludes Arctic

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The OCS Lands Act requires the Secretary of the Interior to prepare a Five-Year Program that includes a schedule of potential oil and gas lease sales and indicates the size, timing and location of proposed leasing determined to best meet national energy needs, while addressing a range of economic, environmental and social considerations.

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First reference installation of Opcon Waste Heat Recovery technology for ships; potential for 5–10% fuel savings

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Opcon, in collaboration with Wallenius Marine, recently completed the first reference installation of its Waste Heat Recovery technology for ocean-going vessels in a project supported by the Swedish Energy Agency. Opcon Powerbox ORC Marine version. Opcon Powerbox WST Marine version. The MV Figaro. Click to enlarge. Earlier post.)

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Hyundai Heavy developing its own floating LNG ship

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PETRONAS has awarded Daewoo Shipbuilding & Marine Engineering Co., The topside includes not only liquefaction and pre-treatment units but also utilities such as fresh water supply unit, the air compression, heat source and power generation systems. Earlier post.) in a consortium with Technip, an FLNG development project as well.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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The KPMG study, “Expect the Unexpected: Building Business Value in a Changing World”, explores issues such as climate change, energy and fuel volatility, water availability and cost and resource availability, as well as population growth spawning new urban centers. Global food prices are predicted to rise 70 to 90 percent by 2030.

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Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

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Will be competitive at an oil price of $45 to $90 at their commercial date. This is coupled with the innovation seen in first-generation players to drive down costs, energy and water use, and GHG emissions. Marine scrubbers. Accenture divided the technologies into three groups: Evolutionary. Revolutionary.

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State Department releases Keystone XL Final Supplemental Environmental Impact Statement

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Incremental well-to-wheels GHG emissions from WCSB Oil Sands Crudes Compared to Well-to-Wheels GHG Emissions from Displacing Reference Crudes Click to enlarge. Domestic production of crude oil has increased significantly, from approximately 5.5 million bpd in 2010 to 6.5 million bpd in 2012 and 7.5 million bpd by mid-2013. million bpd.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Wind, solar, biomass and waste-to-power, geothermal, small hydro and marine power contributed an estimated 9.1% billion, the largest single renewable energy asset finance deal ever, outside large hydro—that of the 600MW Gemini project in Dutch waters. Oil and renewables do not directly compete for power investment dollars.

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