Remove Algeria Remove Global Remove Industry
article thumbnail

BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. MMbtu in Russia, $8.7/MMbtu

Gas 243
article thumbnail

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

Green Car Congress

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. Taking the global trading of hydrogen as an exemplar, the report identifies substantial potential benefits for exporting and importing countries, particularly in the Global South.

Renewable 210
article thumbnail

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

Green Car Congress

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 ). Global LNG export capacity has increased by 29%, or 14.0

Gas 259
article thumbnail

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

Green Car Congress

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. (ARI) Algeria, Argentina, and Mexico), providing significantly more data for the 2013 study, EIA said.

Oil 281
article thumbnail

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

Green Car Congress

The report analyzes several LNG pathways, including LNG from Algeria, Australia, Qatar, Indonesia, Malaysia, Nigeria, Norway, Trinidad & Tobago and the USA. SEALNG is a UK-registered not-for-profit collaborative industry foundation serving the needs of its member organizations committed to furthering the use of LNG as a maritime fuel.

Emissions 220
article thumbnail

Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

Nigeria or Algeria cannot do the same for their oil industry. This scenario assumes a full global consensus for action on climate change. A wave of green globalization allows all countries to share in the benefits of decarbonization. Saudi Arabia and Kuwait might, and should be encouraged to do so. —Goldthau et al.

Carbon 207
article thumbnail

SEAT to launch 6 electric and plug-in hybrid models, develop smaller version of MEB for lower-cost EVs

Green Car Congress

In 2018, SEAT exported 80% of its production output and consolidated itself as Spain’s largest industrial exporter, with close to 3% of the country’s total export figure. The goal for forthcoming years is to step up the company’s globalization.

Plug-in 207