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Cal on February 10th, 2018

The head of the International Monetary Fund urged Arab countries to discontinue subsidizing energy because such subsidies come at the expense of much needed investment in health, education and other public services. Arab countries accounted for more than a quarter of global energy subsidies in 2015, estimated at $117 billion out of $436 billion world-wide, according […]

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Cal on February 9th, 2018

CNBC tells about the race between China, Russia and the US to control the Arctic, including its oil and gas resources. Meanwhile, The Diplomat writes about the geopolitics behind Asia’s energy future. See also How soaring U.S. oil exports to China are transforming the global oil game. The US Energy Information Administration says that country is on […]

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Market research firm PWC says by 2030, the transport sector will require 138 million fewer cars in Europe and the US. This will be the result of the five trends that are transforming the automotive industry — electrification, autonomous vehicles, car sharing, connecting. and yearly updating. PwC suggests that as a result of novel sharing concepts, the stock […]

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Cal on January 23rd, 2018

Imports are expected to make up more than 70% of China’s crude oil supply in 2018. Last year China overtook the US as the world’s largest oil importer. The world’s hottest offshore prospect for oil companies right now is off the South American coast of Guyana, where a string of major discoveries has drawn hundreds […]

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Cal on January 20th, 2018

Navigant Research projects the total annual revenue for the energy storage and renewable integration sector will exceed $23 billion by 2026. Utility-scale and behind-the-meter applications are likely to experience the strongest growth. Energy storage systems are increasingly viewed as a way to mitigate the electric grid challenges caused by large additions of renewable energy sources. The Asia Pacific region […]

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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 November 14th, 2017

China’s largest oil company Sinopec, one of that country’s top banks, and its sovereign wealth fund agreed to develop a $43 billion natural gas project in the US state of Alaska. When will we reach peak oil demand?  Royal Dutch Shell and Norway’s Statoil predict crude oil demand could reach its high as soon as 2025 […]

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Cal on November 12th, 2017

The European Commission is proposing a 30% CO2 reduction from 2021 to 2030 for light-duty vehicles (new cars and vans). 2025 will have an intermediary target of a 15% reduction. The purpose is to spur a rapid transition from internal combustion engines to alternative fuels. The proposed regulation applies to all passenger cars and light commercial […]

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