October 2017

Toyota solid-state battery tech a game changer, but company committed to hydrogen cars

Solid-state battery could improve driving range Toyota says its solid-state battery technology under development could be a game changer for electric vehicles, but the Japanese automaker says it is not shifting entirely away from hydrogen-powered fuel-cell vehicles. The pivot is likely due to China’s push to promote electric vehicles as the world’s largest car market

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Oil prices reach 27-month high despite higher US crude stocks, output, exports

Oil prices rise on Saudi comments Oil prices rose to an over two-year high on Thursday despite government data showing increased US crude stocks, production and exports.  Prices eclipsed near recent highs due to tightening crude markets and Saudi Arabia’s comments on extending the OPEC supply cut agreement. By the close of Thursday’s session, benchmark

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Mazda engine could prolong life of ICEs, improve hybrids

Mazda engine uses combustion ignition technology Mazda’s SKYACTIV-X engine is 30 per cent more efficient than diesel engines and is being hailed as a major breakthrough in internal combustion engines (ICE). The newly developed Mazda engine is fuelled by gasoline.  According to Reuters, it uses a spark plug to ignite a high-pressure “fireball” inside the

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Industry-led effort designed to cut costs through digital oilfield revolution

Digital technology advances creating an almost unlimited range of possibilities – and risks Industries ranging from health care to oil refining have been radically changed by the digital revolution, according to a University of Houston press release. A new initiative has been launched to help accelerate the same digital transformation for exploration and production of

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China leads the growth in projected global natural gas consumption

 China’s LNG imports tripled between 2010 and 2016 Global natural gas consumption is expected to grow from 340 billion cubic feet per day (Bcf/d) in 2015 to 485 Bcf/d by 2040, primarily in countries in Asia and in the Middle East, based on projections in EIA’s latest International Energy Outlook 2017 (IEO2017). China accounts for more than

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