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India emulating China in LNG use to fight pollution

Bloomberg China’s dramatic increase in liquefied natural gas (LNG) imports ov-er past two years may have hogged the headlines, but India may well emulate its neighbour in switching to the cleanest, fastest-growing fossil fuel. As China’s shift to natural gas from dirtier burning fuels such as coal and fuel oil helps improve air quality, Indian cities are rising in pollution ...

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Canadian Natural cuts capital budget for 2019

Bloomberg The pipeline shortage that has been strangling the Canadian oil industry is weighing on spending plans for next year, with one major producer slashing its capital budget for 2019 by C$1 billion ($750 million). Canadian Natural Resources Ltd, citing a lack of shipping options, said that it’s targeting a base capital plan of C$3.7 billion for next year, about ...

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Japan coal stalwart adds renewables

Bloomberg Marubeni Corp, the Japanese trading house for whom coal makes up about a quarter of its power generation, never expected renewable energy prices to plunge as much as they have. Seizing those falling costs, the company plans to add 1 gigawatt of clean energy over the next five years as it halves its coal-fired generation by 2030, according to ...

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