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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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A new study , commissioned by the International Chamber of Shipping and prepared by Professor Dr. Stefan Ulreich from Germany’s University of Applied Sciences, finds that the global shipping industry will require the equivalent of the world’s entire current renewable energy demand in order to replace fossil fuel use. London, UK. —Prof.

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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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The development of an international hydrogen market could also accelerate adoption. We envision a future where clean hydrogen produced in Southern Italy or North Africa can be transported through our pipelines to serve Central and Northern European needs. —Jon Moore, CEO of BNEF. MMbtu in Russia, $8.7/MMbtu MMbtu in Russia, $8.7/MMbtu

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GECF: more than a quarter of 2050 natural gas supply untapped

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To this end, the GECF Secretary General reiterated the GECF’s readiness to support the Turkmen industry as it undergoes transformation on the back of the future energy trends, digitalization, and climate action.

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SEAT to introduce 500 km MEB-based EV, Leon PHEV in 2020

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In addition, the brand will remain committed to vehicles powered with compressed natural gas (CNG) as well as internal combustion engines. SEAT also recently created XMOBA, a new company whose main goal is to identify, test, sell and invest in projects that contribute to boosting new solutions that improve future mobility.

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Lifecycle study finds LNG can reduce shipping GHG emissions by up to 21%

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LNG does contribute to the International Maritime Organisation (IMO) GHG reduction targets. And it is clear that LNG is the most environmentally-friendly marine fuel that is readily available and safe, both today and in the foreseeable future. Moving from current Heavy Fuel Oil (HFO) to LNG does reduce GHG emissions.

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OPEC’s Output Freeze: What Has Changed Since Doha?

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The official chatter is that the OPEC meeting in Algeria from September 26 to 28 could conclude with an agreement to freeze production by the member nations, with even Russia joining forces in a freeze that may prevent further oil price erosion. “We What has changed from Doha to Algeria? Rest of the nations already onboard.

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Opinion: How Much Longer Can OPEC Hold Out?

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OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. As per its state run oil company PDVSA, the country loses about $700 million a year with every $1 drop in the international oil price.