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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.

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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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This trend was already underway before the pandemic, due to cost-competitive gas in key sectors including power, industry and transport, and major regions including Europe, North America and Asia. The development of an international hydrogen market could also accelerate adoption. —Jon Moore, CEO of BNEF. MMbtu in Russia, $8.7/MMbtu

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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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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 ). Bcf/d and from Algeria by 0.2 An average of 49.0 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2

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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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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. The report analyzes several LNG pathways, including LNG from Algeria, Australia, Qatar, Indonesia, Malaysia, Nigeria, Norway, Trinidad & Tobago and the USA. Moving from current Heavy Fuel Oil (HFO) to LNG does reduce GHG emissions.

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New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels

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Within the US, industry typically refers to tight oil production rather than shale oil production, because it is a more encompassing and accurate term with respect to the geologic formations producing oil at any particular well. EIA commissioned Advanced Resources International, Inc. —EIA Administrator Adam Sieminski.

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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. And in 2020, the new EV will be joined by the first CUV (Crossover Utility Vehicle) in the SEAT model line-up as well as a plug-in hybrid version of the new generation Leon. billion (US$4.1

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