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TransCanada terminates Energy East Pipeline and Eastern Mainline projects

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TransCanada Corporation is halting the application process for its proposed Energy East Pipeline and Eastern Mainline projects in Canada. million barrels of crude oil per day from Alberta and Saskatchewan to the refineries of Eastern Canada and a marine terminal in New Brunswick.

Energy 150
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Survey finds LNG-fueled ship orders up 26% in six months

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Following a world survey of the marine industry, Zeus Development Corporation has identified 63 LNG-fueled ships in operation or under development, up from 48 units last December. High oil prices, impending emissions regulations and technical advancements are propelling the market faster than we expected.

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IHS Markit: shippers, refiners scrambling to respond to IMO signals on low-sulfur fuel enforcement

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The level of compliance by shippers has been widely viewed as the one of the greatest uncertainties surrounding the implementation of the IMO’s new marine fuel regulations, and the compliance level has a significant weighting on projections for refined fuel prices, spreads and margins during the IMO 2020 disruption period,IHS Markit said.

Fuel 170
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RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

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Pending a major technical breakthrough, renewable jet and marine fuels will continue to be far more expensive than petroleum-based fuels, Bartis said. A consensus is developing that global oil production is less likely to come to a sharp peak and more likely to hit a plateau that might continue for some decades and then slowly decline.

Price 225
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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. Ecosystem Decline: Historically, the main business risk of declining biodiversity and ecosystem services has been to corporate reputations. Source: KPMG. Click to enlarge.

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Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

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DOE recognizes that technology developments can help make vehicles more efficient and alternative fuels more economic, but the deployment of any technologies it helps develop is largely determined by policies, such as Corporate Average Fuel Economy standards. Impartial DOE research can help inform these standards.

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RAND study concludes use of alternative fuels by US military would convey no direct military benefit; recommends energy efficiency instead

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If the US military increases its use of alternative jet and naval fuels that can be produced from coal or various renewable resources, including seed oils, waste oils and algae, there will be no direct benefit to the nation’s armed forces, according to a new RAND Corporation study.