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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

Gas 243
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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). An average of 49.0 Bcf/d in the United States, 2.2

Global 259
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CICERO-led study finds global warming effect of leaked hydrogen almost 12x stronger than CO2

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A study led by Norwegian climate center CICERO has found that the global warming effect of leaked hydrogen is almost 12 times stronger than that of CO 2. Unlike exhaust from burning coal and gas that contains CO 2 , burning hydrogen emits only water vapor and oxygen. A global warming potential of 11.6 Skeie, R.B., Sandstad, M.

Hydrogen 435
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DOE awards $165M GEODE grant to consortium to accelerate development of geothermal by leveraging oil and gas industry

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The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

Oil 170
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Fabrum and Chart Industries execute MoU for micro-scale liquefiers for hydrogen

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New Zealand-based Fabrum and Chart Industries have formed a strategic partnership to collaborate on the manufacture and sale of Micro-Scale Liquefiers for hydrogen and other gases. The collaboration targets the rapidly increasing demand for liquefaction systems as industries work to decarbonize and transition to new energy sources.

Hydrogen 283
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Plus and Cummins to develop first autonomous natural gas trucks; deployment in 2022

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Plus (formerly Plus.ai), a leading company in self-driving truck technology, announced a new initiative with global engine manufacturer Cummins to develop the industry’s first driver-in, supervised autonomous trucks powered by natural gas. This combination will bring to market natural gas supervised autonomous trucks in 2022.

Gas 433
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FPT Industrial acquires a minority stake in Blue Energy Motors

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FPT Industrial, the global powertrain brand of Iveco Group, has entered into an agreement to make a minority investment in Blue Energy Commercial Vehicles Private Ltd, a zero-emission truck technology company headquartered in Pune, India, engaged in the manufacturing of clean energy trucks under the brand Blue Energy Motors.