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...Groupe Renault, top automotive player, and Plug Power Inc....
...Next year it expects to increase the flow through its Edmonton rail terminal to 170,000 b/d, from 80,000 b/d earlier this year....
...A version of this article was first published by the Nikkei Asian Review on October 24 2018. ©2018 Nikkei Inc. All rights reserved....
...UBV or ULL), and (d) resorting in its documentation to fictions, twisted language and even brand new terminology, merits, we think, a degree of scepticism....
...But on Thursday, a weekly report from the US energy department showed domestic gasoline, or petrol, consumption was a robust 9.1m barrels per day, up nearly 600,000 b/d from a week before....
...Meanwhile, the company’s R&D as a percentage of sales, which has been falling since 2001, is creeping ever lower....
...Department of Energy data released on Wednesday showed US ethanol plant output at 1.008m barrels per day in the week ended November 20, up 33,000 b/d from the week before and more than triple volumes of...
...India showed total product demand growing by 315,000 b/d from a year ago in April to 3.82m b/d while petrol demand breached the 500,000 b/d mark, up by almost 20 per cent year over year....
...In Florida, John Mica, chairman of the House transportation committee, decisively defeated Sandy Adams, who was elected in 2010, in a race in the seventh congressional district....
...In the Eagle Ford “shale” of Texas, production has jumped to 280,000 b/d from almost nothing four years ago and its low-sulphur crude is ill-suited for many refineries nearby....
...Emerging economies have meanwhile added 4.2m b/d in capacity, with another 1.8m b/d coming this year. “It’s really a tale of two markets,” says Toril Bosoni, IEA senior oil analyst....
...Petroplus is shutting down its Petit Couronne refinery in France, with 162,000 b/d capacity; Antwerp, Belgium, with 108,000 b/d capacity; and Cressier, Switzerland, with 68,000 b/d capacity....
...While non-Opec oil production will also slow next year – the IEA forecasts an increase of 0.5m b/d, against a 0.9m b/d rise in output in 2010 – inventories at near-record levels should provide an ample supply...
...The IEA expects efforts to improve safety and environmental standards to be redoubled, and anything between 300 thousand b/d and 800 thousand b/d of oil supply included in their outlook could be lost, which...
...A new pipeline will soon increase flows into the region by another 100,000 b/d....
...From a peak of 30.3 million b/d in July last year, Opec-11 crude oil production has come down to about 26 million b/d, helping create a floor to global crude oil prices....
...Similarly, South Korea’s demand grew by more than 300 per cent from 1987 (620k b/d) to 1997 (2.4mb/d), when the financial crisis forced a liberalisation of prices; again, demand has not exceeded its pre-crisis...
...Some traders estimate Iran may have reduced output by more than 400,000 b/d....
...The EIA said it had cut its 2025 oil demand forecasts by 8m b/d from last year’s forecast due to high oil prices....
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