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Nacero selects Topsoe’s TIGAS technology for gas-to-gasoline unit; reducing lifecycle carbon footprint up to 50%

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The captured CO 2 will be used for enhanced oil recovery. Nacero’s Penwell facility will create a market for natural gas that is currently vented or flared and is expected to double the US market for captured bio-methane. As a result, we will be able to profitably sell our environmentally superior fuel at competitive prices.

Gasoline 221
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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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Oil remains the world’s leading fuel, but its 33.1% Coal’s market share of 30.3% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% World primary energy consumption grew by 2.5%

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

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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 decline of global oil prices since 2014 and lower external demand has encouraged the government to create a favorable environment for business-driven regional economic development.