Energy Daily: Coal group woes threaten China trust industry, BP la...

 
 
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Tuesday December 17 2013
 
 
Energy
 
Coal group woes threaten China trust industry
 
A mining boss who threw $11m wedding for his daughter last year is now struggling under debts that threaten to trigger a major default in China's shadow banking industry
 
 
 
BP lawyers accused of misleading court
 
 
Jonathan feels heat over oil fund shortfall
 
 
Oil majors scrap Tanap gas pipe deal
 
 
Trafigura: towards transparency
 
 
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Oil & Gas
 
Brent jumps on Libya blockade concerns
 
ICE January Brent rallied $1.97 to a day's high of $110.80 a barrel, while the difference between the contract for nearby and futures delivery widened
 
 
 
US oil production to test record high
 
 
Caution greets Kurdish oil flow to Turkey
 
 
BP signs $16bn Oman tight gas deal
 
 
South Sudan clashes raise oil output fears
 
Mining
 
Rio Tinto CEO digs in for long haul
 
Australian who replaced Tom Albanese 11 months ago is in no rush to quit, saying investors support his strategy to cut costs and sell non-core assets
 
 
 
Miners 'clean up' after upheaval in 2013
 
Nick Butler
 
Peak oil? The trend to watch is peak car
 

We all spend so much time looking at the dramatic changes on the supply side of the energy business that we risk overlooking the more gradual but equally important shifts on the demand side. To correct that its worth looking at some new work from the Transportation Research Institute picked up in the excellent Energy Collective blog.

The research shows that in the US – by far the world’s largest consumer of oil – transport sector demand is falling. This is not a temporary phenomenon driven by the economic downturn. This is a structural shift reflecting changes in life style and work patterns as well as gains in fuel efficiency.

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Baltic power plan meets resistance
 
 
 
 
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