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Cal on February 14th, 2018

Russia is sending its highest quality crude oil to China in its battle for market share on the prized Asian market. As a result, European petroleum refiners are being left with lower-quality imports from Russia and are now reviewing how much Russian crude they would buy and at what price. The quality of Russia’s Urals […]

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Cal on January 15th, 2018

Ford Motor Co. announced it intends to have 40 hybrid and fully electric vehicles in its model lineup by 2022. 16 will be fully electric and the rest will be plug-in hybrids. To achieve this goal the automaker is spending $11 billion to develop dedicated electric vehicle architectures. The business plan is to move away from sedans and internal […]

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Cal on December 27th, 2017

Prolific wells are delivering an almost unlimited supply of low-cost natural gas across North America. At times the stuff is coming out of the ground for free. This new reality is redefining production, storage, transportation, consumption – and price.  —-  Peter Tertzakian, The Top 8 Unknowns In 2018’s Energy Markets

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Cal on December 21st, 2017

The World Bank will no longer finance upstream oil and gas projects after 2019. The move all but eliminates the World Bank’s support for fossil fuels. The bank has not supported coal projects since 2010. France announced it will ban all crude oil and natural gas development as of 2040.  The ban will apply to the […]

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Cal on December 17th, 2017

The international Energy Agency says India is becoming a driving force in global energy trends. Showing remarkable growth, half a billion Indians have gained access to electricity in India since 2000, almost doubling the country’s electrification rate. This growth rate puts India on course to achieving access to electricity for all in the early 2020s. Since 2012, more […]

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Cal on December 15th, 2017

  The world’s first solar-powered train goes into service this weekend, with a 3 kilometer route in the state of New South Wales, Australia. Operated by the Byron Bay Railroad Company, the train is designed to be powered fully by solar panels and electric motors. The train was retrofit from a classic passenger train which used to […]

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Cal on December 5th, 2017

A study by McKinsey Global Institute projects up to 800 million global workers will lose their jobs to robotic automation by 2030. The study of 46 countries and 800 occupations found that up to one-fifth of the global work force will be affected. Machine operators and food workers will be hit hardest. Wealthy countries like the US and Germany […]

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Cal on November 18th, 2017

  The world’s first hybrid electric tram, using hydrogen as its main power source, is now operating on a 136-year-old railway in the Chinese city of Tangshan. It will be operating in more cities in China as well as abroad. Having three carriages with 66 seats, the tram can run for 40 kilometers at a maximum speed […]

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