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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. The report analyzes several LNG pathways, including LNG from Algeria, Australia, Qatar, Indonesia, Malaysia, Nigeria, Norway, Trinidad & Tobago and the USA. Moving from current Heavy Fuel Oil (HFO) to LNG does reduce GHG emissions.

Emissions 220
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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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A fourth volume examining energy security in Nigeria and other nations in the Gulf of Guinea is scheduled for later publication. Notable examples of nations where security shortfalls are significantly impeding investment and production are Nigeria; Iraq; Sudan; and, most recently, Libya. Additionally, U.S.

Oil-Sands 225
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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

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Chevron Corporation announced a $32.7 Major capital investments include developments in Australia, the deepwater Gulf of Mexico, Nigeria, Angola and China. This planned spending includes initial appraisal of new acreage captured over the past two years, including Liberia, China and various international shale gas plays.

Chevron 170
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Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

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Glencore International pled guilty in the Southern District of New York to violations of the Foreign Corrupt Practices Act (FCPA). For example, in Nigeria, Glencore and Glencore’s UK subsidiaries entered into multiple agreements to purchase crude oil and refined petroleum products from Nigeria’s state-owned and state-controlled oil company.

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Volkswagen & Siemens launch joint electric mobility pilot project in Rwanda

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The success of our innovative and pioneering mobility solutions business has shown us that Rwanda has the potential to leapfrog the internal combustion engines into electric cars. Volkswagen Mobility Solutions Rwanda offers mobility solutions services such as ride-hailing and corporate car sharing.

Rwanda 170
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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Nigeria or Algeria cannot do the same for their oil industry. Green-technology corporations dominate the Fortune 500 by 2030. The US and China take the lead in scaling up the technology, given their large markets, tech-friendly regulatory environments and industry giants, such as Google and the State Grid Corporation of China.

Carbon 207
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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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The UAE includes data for three SWF funds only: Abu Dhabi Investment Authority ($773 billion), Abu Dhabi Investment Council ($110 billion), and Investment Corporation of Dubai ($183 billion)). As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense.