Tag: ENERGY
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Barack Obama’s Irreversible Momentum of Clean Energy
In his last days as the outgoing president of the United States, Barack Obama has clinched the record of being the first president to write a science journal re-emphasizing his beliefs that global technological advances, market forces, cultural and social shifts—have imparted an irreversible momentum to the trend toward clean energy. “[T]he mounting economic and scientific […]
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Bill Gates, Friends and The Breakthrough Energy Ventures Fund
Breakthrough Energy Ventures is a group of investors who have chosen to work together in a new investment fund that is patient, flexible, and committed to the guiding principles of the Breakthrough Energy Coalition resulting in a reliable, affordable energy for the world and a carbonless future.
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OPEC Agrees to First Oil Output Cut in Eight Years
OPEC agreed to a preliminary deal that will cut production for the first time in eight years, according to delegates briefed on the matter. Oil prices gained more than 6 percent as Saudi Arabia and Iran wrong-footed traders who expected a continuation of the pump-at-will policy the group adopted in 2014.
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Move Over Oil – Lithium Is The Future Of Transportation
Just a few years ago, we would have scoffed at the idea that electric vehicles could be mainstream anytime soon, or that the global appetite for lithium-ion batteries and mass power storage would be so voracious, and so sudden. Today, no one is scoffing, and lithium is being viewed as our new super-mineral that will […]
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Encana sells Gordondale oil and gas assets to Birchcliff for C$625 million
CALGARY (Reuters) – Encana Corp said on Tuesday it reached an agreement to sell its Gordondale oil and gas assets in northwestern Alberta to Birchcliff Energy Ltd for C$625 million ($487.98 million).
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Venezuela’s PDVSA to import light crude from Nigeria and the USA
British oil major BP and China Oil have been awarded a tender launched by Venezuela’s PDVSA to buy some 8 million barrels of Nigerian and U.S. light crude for delivery during the second quarter, traders told Reuters on Friday.
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Oman not yet invited to Doha oil producers meeting: minister
Oman has not yet been invited to a meeting in Qatar on April 17 at which oil producers plan to discuss a global pact to freeze production to support prices, the Omani oil minister said on Sunday.
