Energy Daily: Trafigura boosted by Puma stake sale, Baltic power p...

 
 
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Monday December 16 2013
 
 
Energy
 
Trafigura boosted by Puma stake sale
 
Record profits boosted by oil terminals deal help to disguise challenging year for top commodity trading house where underlying profits fell 2%
 
 
 
Baltic power plan meets resistance
 
 
Mexico begins business of energy reform
 
 
Pemex: not dead yet
 
 
Russia's utility price freeze to hit GDP
 
 
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Oil & Gas
 
Carlyle backs Discover Exploration
 
US buyout group to buy $200m majority stake in venture launched by former Cove executives focused on deep drilling off New Zealand
 
 
Mining
 
Fears grow of Indonesia export ban
 
Ban is aimed at boosting industrial development but the country will lose billions of dollars of export revenue if it goes ahead in January
 
 
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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Westinghouse to buy stake in NuGen
 
 
 
 
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