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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 ). Global LNG export capacity has increased by 29%, or 14.0

Global 259
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Punch Group acquires GM propulsion engineering center in Turin; global center of excellence for diesel

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Belgium-based Punch Group has acquired GM’s propulsion engineering center in Turin, Italy. The transaction between the two companies includes an engineering services agreement (ESA) to support GM’s global product programs through the end of 2021. —Doug Parks, executive vice president, GM.

GM 221
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Snam launches HyAccelerator global-scale accelerator for hydrogen startups

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Snam, the main Italian operator for the transport and dispatching of natural gas in Italy, launched HyAccelerator , a corporate global-scale startup acceleration program focused on hydrogen.

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AECOM to develop hydrogen-powered railway in Central Italy

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Global infrastructure consulting firm AECOM signed a memorandum of understanding (MOU) with Spanish renewables group Iberdrola, and Italian partners Cinque International and Ancitel Energy and Environment, to upgrade Italy’s historic Apennine diesel railway with hydrogen trains.

Hydrogen 199
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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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Previous models have treated oil producers’ carbon footprint as if all barrels of oil are exactly the same, but with novel extraction technologies there is a great deal of variability in the global oil supply. Everyone knows about these market structures, but by considering it, we show the structure is very important in a global economy.

Oil 305
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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. —Jon Moore, CEO of BNEF.

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European marine systems integrator orders Nuvera fuel cell system

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Nuvera Fuel Cells, LLC, a provider of heavy-duty hydrogen fuel cell engines for on- and off-road mobility and other applications, has signed a memorandum of understanding with Italy-based system integrator H2Boat, which is developing a zero-emission energy solution for marine applications. Nuvera is a subsidiary of Hyster-Yale Group, Inc.,

Mariner 221