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Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050

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trillion) through to 2050 and can help cut the world’s road transport energy use and CO 2 emissions by nearly half in that same time, by improving vehicle fuel economy, according to an opinion paper recently published by the Commonwealth Advisory Bureau (CAB) and sponsored by the Global Fuel Economy Initiative (GFEI).

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MHTL to partner with G2X, negotiate methanol offtake agreement from G2X methanol-to-gasoline plant

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and Methanol Holdings Trinidad Limited (MHTL) announced that MHTL intends to partner with G2X Energy to construct the world-scale methanol-to-gasoline (MTG)-ready, methanol production facility being developed by G2X Energy in Lake Charles, Louisiana. The Big Lake Fuels LLC facility will produce 1.4 G2X Energy, Inc. Earlier post.).

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

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A lifecycle study by consultancy thinkstep, commissioned by SEALNG and SGMF, has found that greenhouse gas (GHG) reductions of up to 21% are achievable now from LNG as a marine fuel, compared with current oil-based marine fuels, over the entire life-cycle from Well-to-Wake (WtW). —SEALNG Chairman Peter Keller. Source: thinkstep.

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UPS makes largest purchase of renewable natural gas yet in the US: 170M gallon equivalents over 7 years

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UPS announced an agreement with Clean Energy Fuels Corp. RNG is a key part of UPS’ strategy to increase alternative fuel consumption to be 40% of total ground fuel purchases by 2025, supporting the logistics leader’s efforts to reduce the absolute greenhouse gas (GHG) emissions of its ground fleet 12% by 2025. Atlanta, Ga.;

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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

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To transition towards decarbonization, we need a significant and timely acceleration in the production of green fuels. Collaboration and investments in innovative projects are the most important ways to reach a net zero fuel value chain. Green methanol is the only market-ready and scalable available solution today for shipping.

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BP takes delivery of 6 new LNG tankers

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Equipped with next-generation engine technology, the new ships are designed to be about 25% more fuel efficient than their predecessors. BP also participates in LNG projects in Australia, UAE, Indonesia, Trinidad and Angola.

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Canada Launches Heavy Oil Working Group to Promote Cleaner Fossil Fuels

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Comprising countries such as Canada, Brazil, Colombia, Mexico, the United States and Venezuela, the Heavy Oil Working Group will collaborate on clean energy research to reduce the impact of fossil fuel development.

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