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ICCT life-cycle analysis finds no climate benefit in using LNG as marine fuel

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The results of a new analysis by the International Council on Clean Transportation (ICCT) show that, when combined with a trend toward higher methane leakage and combustion slip, there is no climate benefit from using liquefied natural gas (LNG) as a marine fuel—regardless of the engine technology. We know from Olmer et al.

Mariner 427
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Titan LNG: ~11% of newbuilds in 2017 were LNG-powered; tipping point for marine fuel

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Titan LNG, a full service supplier of LNG to the marine and industrial markets in North West Europe, reported that in 2017 around 11% of all new build contracts were LNG powered ships, a trend it expects to continue during 2018. The supplier suggests that LNG adoption as a marine fuel has passed the tipping point.

Mariner 150
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Maersk invests in Vertoro to develop green lignin marine fuels

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Moller - Maersk, has invested in Vertoro , a Dutch start-up focused on developing liquid lignin technology which can be used as a marine fuel. The output of this plant will be used to develop further marine fuels in partnership with Maersk as well as other applications for the materials and chemicals markets. Earlier post.)

Mariner 243
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US offshore oil and gas leasing plan for 2017-2022 focuses on Gulf of Mexico, excludes Arctic

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US Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Hopper released the final plan to guide future energy development for the Nation’s Outer Continental Shelf (OCS) for 2017-2022. The vast majority of US offshore oil production occurs in the Gulf of Mexico.

Mexico 150
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UK Government approves Statoil’s US$7B development of North Sea Mariner heavy oil field

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The UK government’s Department of Energy and Climate Change (DECC) approved the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field. Location of the Mariner field. Statoil expects to start production from Mariner in 2017, and the field is expected to produce for 30 years.

Mariner 225
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New study confirms extensive gas leaks in the North Sea; recommends stricter guidelines for handling of abandoned wells

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Researchers from the GEOMAR Helmholtz Center for Ocean Research Kiel have found that considerable quantities of the greenhouse gas methane escape uncontrolled into the water from abandoned oil and gas wells in the North Sea. The most important factor was indeed the distance of the wells from the gas pockets.

Gas 273
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Obama Administration announces 21M-acre oil and gas lease sale offshore Texas

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The US Department of the Interior will offer more than 21 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area. Ultra-deep gas royalty relief required under EPAct will still be available.

Oil 240