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EIA: US, Qatar and Russia provided almost 70% of liquefied natural gas received in Europe in 2021

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In 2021, a large share of Europe’s supply of liquefied natural gas (LNG) originated in the United States, Qatar, and Russia. Rising US LNG exports are the result of both natural gas supply challenges in Europe and the sizable price differences between natural gas produced in the United States and current prices at European trading hubs.

Russia 416
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GlobalData: Asia to spearhead global refinery FCCU capacity additions between 2022 and 2026

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Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity additions globally between 2022 and 2026, accounting for approximately 48% of the total capacity additions by 2026, according to GlobalData, a data and analytics company. —Teja Pappoppula, Oil and Gas Analyst at GlobalData.

Asia 195
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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 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, accounting for 57% of the increase in Asia’s LNG imports.

Global 259
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Plus and Cummins to develop first autonomous natural gas trucks; deployment in 2022

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Plus (formerly Plus.ai), a leading company in self-driving truck technology, announced a new initiative with global engine manufacturer Cummins to develop the industry’s first driver-in, supervised autonomous trucks powered by natural gas. This combination will bring to market natural gas supervised autonomous trucks in 2022.

Gas 433
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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

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are enhancing their ongoing strategic partnership in mobility services to focus on accelerating EV adoption in Southeast Asia. Both parties will also develop a joint EV roadmap to accelerate adoption in Southeast Asia. Hyundai Motor Group has expanded its presence in Southeast Asia to foster new mobility innovation.

Asia 199
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Utility solar dethrones coal as the cheapest power source in Asia

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Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

Asia 52
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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

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EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia. This long-term trend of Asian energy consumption to support growing economies strongly influences the extraction, refining, and transport of oil, natural gas, and other fuels.

Asia 220