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bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

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This fall was driven mainly by oil, which accounted for almost three quarters of the net decline. World oil production fell for the first time since 2009 by 6.6 Oil consumption also dropped for the first time since 2009 by a massive 9.1 The oil price (Dated Brent) averaged $41.84/bbl million b/d).

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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

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million bbl/d in 2009-2010. Flows through the Strait in 2011 were roughly 35 percent of all seaborne traded oil, or almost 20 percent of oil traded worldwide. ”. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million bbl/d was crude oil.

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WRI: global oil consumption hits all-time high

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between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% About one third of this growth came from China, which now uses more than 10% of the world’s oil. of total oil consumption in 2010. of total oil consumption in 2010. million barrels per day in 2009.

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Looking to get in a hybrid for cheap? Used Toyota Prius 1.5 HSD 2004-2009 Review

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Used Priuses, especially the Generation 2 that were made from 2004 to 2009 are becoming a bargain to buy, especially for the MPG and features you get in return. Power steering is electric and as a result we don’t need to check the power steering oil level as there isn’t any. Priuses can burn oil. How did it all start?

2004 409
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AER reports recovery of 337,000 gallons of bitumen from surface seeps at CNRL Primrose site; earlier event in 2009

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HPCSS has been used in oil recovery in Alberta for more than 30 years, AER noted. However, there was an earlier, similar event of bitumen upwelling at the Primrose project initially reported in 2009. 2009 incident. On 3 January 2009, a surface release of bitumen emulsion was discovered in Primrose East. Oil sands'

2009 329
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Marathon Announces First Oil from Deepwater Droshky Development in Gulf of Mexico

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Marathon Oil Corporation announced that its Droshky development in the deepwater Gulf of Mexico has begun production on time and under budget. At a final development cost of less than $900 million, the initial stage of development is expected to produce 35 million of the estimated 60 million barrels of oil equivalent (boe) net resource.

Mexico 307
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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

Oil 300