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IHS - General Author 10/08/2019 10:51
The great prize – Surplus Transfer of Rights in the presalt Santos basin. One of the largest discoveries in presalt Santos basin will be auctioned in November 6, 2019, named as Surplus Transfer of Rights. IHS Markit estimates that there are more than seven billion boe in the four areas offered (Atapu, Buzios, Itapu and Sepia), besides the five billion boe of recoverable reserves granted to Petrobras. This bid round could only take place after years of discussions as changes in the law, negotiations with Petrobras and definition of the regime needed to be resolved. The background. An unusual contract was firmed in 2010 to Petrobras, in which the company would have the rights to produce among seven areas in the presalt Santos basin the total re.
IHS - General Author 10/07/2019 12:48
After the passage of the Climate Leadership and Community Protection Act in June 2019, New York will need all available tools to meet increasingly ambitious climate targets. Targets formerly backed only by executive order now have the full weight of the legislature behind them. In the power sector, this means a new focus on planning for 70 percent renewable electricity by 2030, and 100 percent carbon-free power by 2040. To achieve these goals, New York will continue to subsidize new renewables and some existing nuclear generators through existing mechanisms – namely the Clean Energy Standard and existing resource-specific procurement efforts. Carbon pricing (as has been proposed by NYISO) has the opportunity to further these efforts, as wel.
IHS - General Author 10/01/2019 09:41
In September, South Korean drugmaker Hanmi Pharmaceutical signed a collaboration agreement with US biotech Phanes Therapeutics focusing on dual- and multi-antibody-based immunotherapy treatments. While the deal was one of many that took place in the pharma sector that month, it came as Hanmi Pharmaceutical, and fellow South Korean drug maker Kolon Life Science, struggle to recover from several high-profile setbacks. South Korea’s government has invested significantly into its pharmaceutical and biotech sectors over the last few years. The country hopes to transform what its sees as key strategic technologies into future economic growth drivers. In April 2019, the Ministry of Health and Welfare (MoHW) said it planned to invest KRW477.9 billi.
IHS - General Author 09/27/2019 04:05
US corporate renewable procurement is surging, with more than 6. GW of direct, indirect, and financial power purchase agreements. announced in 2018, more than double that of the prior year. This. surge is being fueled by shareholder and consumer pressure, the. opportunity to hedge power costs, and corporate renewable targets,. and is leading IHS Markit to increase its outlook for wind and. solar deployment in the coming decade. More than 130 companies accounting for 4% of total national. power demand are actively procuring renewable power in the US, 50. of which have committed to 100% renewable targets to date. Importantly, there is a notable shift from procurement of unbundled. renewable energy certificates (RECs) to contracting for resources. from
IHS - General Author 09/27/2019 01:55
The Los Angeles Department of Water and Power (LADWP) Board of. Commission on September 10 voted to approve power purchase. agreements for the Eland Solar and Storage Center, the largest. solar and battery energy storage system in the US. The agreements are now subject to Los Angeles City Council. approval. "The climate crisis has never been more dire, but the solutions. have never been clearer or cheaper — and Los Angeles is. investing in renewable energy and cleaning our air as part of my. DWP reform agenda," said Mayor Eric Garcetti.
IHS - General Author 09/26/2019 08:58
(Excerpt). The German capital Berlin has launched an all-in-one mobility. app, Jelbi, to offer multimodal transport solution, reports. Reuters. The app offers various types of transport options. integrating public transport, rental bikes, car-sharing, and taxis. Michel Heider, head of Jelbi, said, "Jelbi is a solution for people. to move to shared forms of mobility - and to avoid a transport. collapse". Berliner Verkehrsbetriebe (BVG), Berlin's main public. transport company, has partnered with Lithuanian start-up Trafi to. develop the app. Significance: Trafi claims that Berlin will be. the first European capital to offer transport app integrating all. transportation options to offer Mobility as a Service (MaaS). In. June, the company launched a tria.
IHS - General Author 09/26/2019 08:33
Our study, published in , provides updated. estimates of the economic burden of diabetes and prediabetes in the. United States. Economic burden reflects the amount by which medical. expenditures exceed levels occurring in the absence of diabetes or. prediabetes, plus the indirect economic burden associated with. reduced labor force participation and productivity. The study combined analysis of. medical claims data and government surveys, and information from. the literature. Key findings include:. The total economic burden associated with elevated blood. glucose levels in the United States in 2017, including direct. medical costs and indirect economic costs, reached nearly $404. billion—$327.2 billion for diagnosed diabetes, $31.7 billion. for undiagno.
IHS - General Author 09/26/2019 05:07
A new player is on city streets—micromobility. Micromobility. is a form of transportation that is smaller and lighter than a car,. covers short distances (usually under 3 miles), is often. electrified, and is used as part of an app-based sharing scheme. Today, micromobility covers electric scooters (e-scooters),. bicycles and electric bicycles (e-bikes), although in the future it. could include small electrified pods. In the United States, 84 million micromobility trips were. completed in 2018 - more than double those in 2017 (see Figure). A. big part of the growth came from the use of e-scooters, which has. also quickly spread to cities across Europe. Lime, a major. operator, reported 1 million rides after just 4 months of operation. in Paris - and
IHS - General Author 09/25/2019 09:18
Brazil will soon start promoting and licensing acreage on its. extended continental shelf (ECS) for the first time. The potential. yet-to-find (YTF) resources may be noteworthy and new - albeit. risky - E&P opportunities could emerge in the Santos Basin. outside the legal boundaries of the pre-salt polygon. Figure 1: Santos Basin YTF. Brazil's ECS. The UN Convention on the Law of the Sea (UNCLOS) guarantees that. a country which has ratified it has sovereign rights over the. exploration and production of petroleum resources located in the. subsoil of its Exclusive Economic Zone (EEZ), which extends up to. 200 nautical miles (NM) offshore. A country can also claim rights to an additional 150 NM when the. outer edge of its continental margin extends bey.
IHS - General Author 09/25/2019 04:55
With several LNG projects coming online recently or soon to come. online, it's not surprising that some of the recent key pipeline. completions are serving those facilities. Then, looking out to the end of 2019 in the PointLogic pipeline. data base, project in services are focused on Permian takeaway. capacity, Marcellus takeaway and Mid-Atlantic end-users. LNG-related pipelines. Both Cameron LNG (Train 1) in Louisiana and Freeport LNG (Train. 1) in Texas began commercial operations in August, and Cheniere got. the go-ahead for Corpus Christi Train 2 on August 28.
IHS - General Author 09/23/2019 08:46
(Excerpt). Trade associations representing the interests of the automotive. industry in Europe have joined forces to call for action to prevent. the UK leaving the European Union (EU) without a deal on 31. October. The statement was published on the website of the European. Automobile Manufacturers' Association (Association des. Constructeurs Européens d'Automobiles: ACEA), and has the backing. of the European Association of Automotive Suppliers (CLEPA) and 21. national associations, many of which have voiced their concerns. about the impact that it would have on the industry across the. region. For the automotive industry in the EU - which ACEA points out. produces 19.1 million vehicles and employs 13.8 million people - a. no-deal Brexit would be high.
IHS - General Author 09/20/2019 07:24
Live streaming is no stranger to fiasco and debacle. The world. over, there exists no fan of football, wrestling, or Game of. Thrones who hasn't encountered the exasperating wheel-of-doom: the. video is buffering, and the action—maddeningly—grinds. unceremoniously to a halt. Indeed, as an audience, we've resigned. ourselves to the inexorability of service interruption, and on. occasion, to transmission failure outright. Streaming doesn't have to be this way. In this blog post—a post intended to build upon key themes that. Verizon Media and IHS Markit examined during a. recent IHS Markit -hosted webinar—we explore some of. the unique, oft-unappreciated challenges of transmitting live,. premium video over the open internet. While digital media companie.
IHS - General Author 09/20/2019 02:29
Amid concerns of credibility, cash flows and carbon, investors. are shying away from the oil and gas industry. What's behind. investor apathy? And, how are E&P strategies changing? Here's an excerpt of the conversation:. Jessica Nelson:. Kevin, last week the equity research shop, Redburn, published a. report to clients where it downgraded all the energy majors citing. valuation concerns on the idea that oil demand was not going to be. as high as once expected. We've seen a lot of other media reports and investor concerns. and bankruptcies. More specific to North America operators' ability. to generate financial returns and cash from unconventional oil and. gas development. Are you noticing this news play out in actual. investor commitments to these co.
IHS - General Author 09/19/2019 06:52
(Excerpt). The US Department of Transportation (DOT) has awarded funding to. eight projects in seven states to accelerate research and testing. of autonomous vehicle (AV) technology, reports Automotive News. The. US DOT has set up an Automated Driving Systems Demonstration Grants. fund, with USD60 million available to test integration of automated. driving systems. Earlier this month, the US states of Michigan,. Ohio, and Virginia received a total of USD30 million in grants from. the DOT. Now, four other states have been added to the list of. those receiving funding, comprising California, Iowa, Pennsylvania,. and Texas. The University of Iowa and the Texas A&M Engineering. Experiment Station both received just over USD7 million to test. automated driv.
IHS - General Author 09/19/2019 06:36
Record production of US natural gas will drive the 2020 Henry. Hub average price to a level not seen since the 1970s (in real. dollars), according to the latest gas market forecast from IHS. Markit. Associated gas from the Permian and strong production from. Appalachia will push the average price down below $2.00/MMBtu for. the year, IHS Markit said.
IHS - General Author 09/18/2019 05:33
The global offshore rig market is set to continue its tentative. recovery for the foreseeable future. Overall, demand continues to. rise, albeit in a more muted sense than was first anticipated for. the period between late 2019 and 2021, and there is cause to remain. cautiously optimistic. Rig demand is expected to increase by. approximately 16.3% between 2019 and 2021 with an average demand of. 473 units in 2019 climbing to 550 units in 2021. Jackup demand is. expected to make up a large majority of the increase, growing by. 12.5% from 345 units on average in 2019 to 388 units in 2021. On. the floater side, semi demand could increase from 69 units to 84. (21.7%), while drillship demand is forecasted to increase from 59. units to 78 (32.2%). There rem.
IHS - General Author 09/17/2019 06:19
(Excerpt). Canada is reported to be considering adopting emissions. regulations similar to those favoured by California, depending on. what regulations the US federal government delivers, according to a. WardsAuto report. The report cites a spokesperson for. Canada's environment and climate change ministry as saying that it. will wait until the US government makes a decision. After that, it. "will engage in additional consultations to inform a determination. of whether the established greenhouse gas emissions standards for. the 2022 to 2025 model years remain appropriate for Canada". In. addition, Canada's Minister of Environment and Climate Change,. Catherine McKenna, has signed a co-operative agreement with. California Air Resources Board leader Mary.
IHS - General Author 09/11/2019 11:41
The European automotive industry has gathered for the 68th. Frankfurt Motor Show to show a number of key electric vehicle (EV). launches. Although the VW ID.3 and Porsche Taycan were revealed. ahead of the show, their unveiling in their homeland had a special. resonance for two cars that are hugely important for their. respective manufacturers. Other important EVs such as the new Opel. Corsa e and the Honda e also made their debuts as production models. and will further test the realworld viability and customer appetite. for EVs. Outlook and Implication: Although the Frankfurt. show launches appear to indicate that the European industry is. finally gearing up for electrification and taking EVs seriously,. there are still major question marks over the
IHS - General Author 09/11/2019 03:13
The energy industry continues to adopt electric fracking and. explore new pumping technologies. In fact, Baker Hughes debuted the. technology in the Permian Basin earlier in 2019. What are the. advantages and disadvantages to e-fracking? . Here's an excerpt of the conversation:. Jessica Nelson:. So, let's start at the beginning. I gave a little preview of. some recent news, but for a lot of our listeners who may not be. familiar with electric fracturing, can you define it for us, and. then give us a little bit of the history behind electric. fracturing? Jesus Ozuna:. Thank you for having me. When people hear it, they automatically. think that it's maybe something where it's being powered by solar. I mean, it has the word electric, but essentially, the.
IHS - General Author 09/09/2019 07:39
(Excerpt). Campaigners against climate change are calling for a ban on. sport utility vehicles (SUVs) to help reduce emissions, reports. Reuters. A consortium including Greenpeace and Deutsche Umwelthilfe. called 'Exit' made the call for automakers to end the development. of large and heavy cars powered by ICEs at a press conference on. the eve of the Frankfurt Motor Show (Germany). Exit said, "As long. as SUVs rather than small electric vehicles dominate automotive. transport, cars will remain the problem child for us climate. activists." However, in a debate with the leader of a coalition of. climate activists known as the 'Sand in the Gearbox', Volkswagen. (VW) Group CEO Herbert Diess said that the automaker was in the. business of providing individ.

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