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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand in 2017. thousand terawatt-hours in 2018, up from 6.4

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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. trillion in 2018, a level similar to 2017.

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Air Products to provide hydrogen fueling equipment to China Energy Investment Group’s first hydrogen fueling station in China

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China Energy was established in November 2017 by the merger of Shenhua Group, a world-class energy company, and China’s power giant China Guodian Corporation. As the leading global supplier of hydrogen to refineries to assist in producing cleaner burning transportation fuels, Air Products has rich experience in the hydrogen fueling industry.

Hydrogen 170
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BP Energy Outlook: 30% growth in global demand to 2035; fuel demand continues to rise, even with EVs & fuel efficiency

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The 2017 edition of the BP Energy Outlook , published today, forecasts that global demand for energy will increase by around 30% between 2015 and 2035, an average growth of 1.3% Oil demand grows at an average rate of 0.7% Oil demand grows at an average rate of 0.7% The global car fleet doubles from 0.9 billion cars in 2015 to 1.8

Global 150
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Cummins announces compatibility with select 100% paraffinic diesel fuels for B4.5, B6.7, L9 engines

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Paraffinic diesel fuels are liquid fuels that can be synthetically created from feedstocks such as natural gas (GTL), biomass (BTL) or coal (CTL); or through hydro-treatment of vegetable oils or animal fats (HVO).

Diesel 186
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Sinopec targeting 10B cubic meters of gas per year by 2017 from China’s first large-scale shale gas field

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China Petroleum and Chemical Corporation (Sinopec) said that it had made significant breakthroughs in the exploration and development of shale gas in China, and is planning to develop the Fuling shale gas field into China’s first shale gas field with an annual production capacity of 10 billion cubic meters by 2017. Bcfd by 2020.

Gas 268
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.

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