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Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050

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trillion) through to 2050 and can help cut the world’s road transport energy use and CO 2 emissions by nearly half in that same time, by improving vehicle fuel economy, according to an opinion paper recently published by the Commonwealth Advisory Bureau (CAB) and sponsored by the Global Fuel Economy Initiative (GFEI).

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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

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To boost the global production capacity of green methanol, A.P. To transition towards decarbonization, we need a significant and timely acceleration in the production of green fuels. Collaboration and investments in innovative projects are the most important ways to reach a net zero fuel value chain. added after 2025.

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Lifecycle study finds LNG can reduce shipping GHG emissions by up to 21%

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A lifecycle study by consultancy thinkstep, commissioned by SEALNG and SGMF, has found that greenhouse gas (GHG) reductions of up to 21% are achievable now from LNG as a marine fuel, compared with current oil-based marine fuels, over the entire life-cycle from Well-to-Wake (WtW). —SEALNG Chairman Peter Keller. Source: thinkstep.

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BP takes delivery of 6 new LNG tankers

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BP is taking delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers to support its expanding global LNG portfolio, and to respond to growing demand for lower-carbon energy sources around the world. BP also participates in LNG projects in Australia, UAE, Indonesia, Trinidad and Angola.

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UPS makes largest purchase of renewable natural gas yet in the US: 170M gallon equivalents over 7 years

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UPS announced an agreement with Clean Energy Fuels Corp. RNG is a key part of UPS’ strategy to increase alternative fuel consumption to be 40% of total ground fuel purchases by 2025, supporting the logistics leader’s efforts to reduce the absolute greenhouse gas (GHG) emissions of its ground fleet 12% by 2025. Atlanta, Ga.;

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UPS to invest $100M more in compressed natural gas, CNG vehicles and related infrastructure

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UPS plans to build an additional 12 compressed natural gas (CNG) fueling stations and add 380 new CNG tractors to its growing alternative fuel and advanced technology fleet. That allows us to invest for the long-term, rather than planning around near-term fluctuations in fuel pricing. Trinidad, Colo.,

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Canada Launches Heavy Oil Working Group to Promote Cleaner Fossil Fuels

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Comprising countries such as Canada, Brazil, Colombia, Mexico, the United States and Venezuela, the Heavy Oil Working Group will collaborate on clean energy research to reduce the impact of fossil fuel development.

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