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

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Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa. This is the equivalent of the entire world’s current renewable energy production. London, UK. Vancouver, Canada. 17th May 2022. MWh to €156.40/MWh MWh in 2050). billion in 2017 to $1.6

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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. A smart way to scale up hydrogen production is blending it with natural gas in existing gas pipelines, something Snam has been testing for two years. —Jon Moore, CEO of BNEF. MMbtu in Russia, $8.7/MMbtu MMbtu in Russia, $8.7/MMbtu

Gas 243
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GECF: more than a quarter of 2050 natural gas supply untapped

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Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). It will see production rise across all regions of the world, with the exception of Europe, where it will decline by 70% by 2050.

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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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Although the terms shale oil and tight oil are often used interchangeably in public discourse, shale formations are only a subset of all low permeability tight formations, which include sandstones and carbonates, as well as shales, as sources of tight oil production. EIA commissioned Advanced Resources International, Inc.

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Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

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In 2007, Geely signed a joint venture with the British taxi manufacturer Manganese Bronze which saw the two companies produce the TX range of taxis in Shanghai, which are sold in the local Chinese market and also to international markets including the Middle East, Europe and Central Asia.

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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. This includes the following life cycle phases: production & processing; pipeline transport; liquefaction; LNG carrier transportation (for imports); LNG terminal operations (for imports); bunkering (dispensing); and the final combustion in the engine.

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

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The EV launch comes as part of a product offensive, in which SEAT will launch one new car every six months until 2020. In addition, the brand will remain committed to vehicles powered with compressed natural gas (CNG) as well as internal combustion engines. From 2013 to 2017, SEAT invested more than €3.3 billion (US$4.1

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