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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. Global energy investment totalled more than US$1.8

2018 191
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Amogy presents retrofitted 2018 Freightliner Cascadia powered by ammonia-to-power system

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This latest successful presentation further shows ammonia to be a viable, sustainable solution for the otherwise hard-to -bate heavy-duty trucking industries, which account for 23% of the total greenhouse gas emissions from transportation. —Seonghoon Woo, CEO at Amogy.

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Global warming emissions hit record level in 2018, IEA reports

Green Car Reports

The International Energy Agency reported on Tuesday that global warming emissions reached a record level in 2018, despite efforts in the U.S., Greenhouse gas emissions increased faster in 2018 than during any of the past six years. Europe, and China to reduce emissions with more sales of electric cars and cleaner power.

2018 167
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IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

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last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. Natural gas emerged as the fuel of choice, posting the biggest gains and accounting for 45% of the rise in energy consumption. to 33 Gigatonnes (Gt) in 2018.

2018 207
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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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NYK Line, JMU and ClassNK partner to commercialize ammonia-fueled ammonia gas carrier

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NYK Line, Japan Marine United Corporation (JMU), and Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel, in addition to an ammonia floating storage and regasification barge (A-FSRB).

Gas 459
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Eni report: global oil reserves and oil production up in 2018 due to US

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Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The second volume, the World Gas and Renewables Review , focused on natural gas and renewables sources (solar, wind and biofuels), will be published in autumn.