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GECF: more than a quarter of 2050 natural gas supply untapped

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Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference. According to Sentyurin, around 80% of the natural gas production by mid-century will stem from new projects, highlighting the importance of continued investment in upstream. —Secretary General Sentyurin.

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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). Others (5%).

Emissions 220
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BHP offboards its petroleum business in merger with Woodside; focus on “future-facing commodities”

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Anglo-Australian BHP Group is merging its oil and gas business with Woodside Petroleum Ltd. On 5 August, the BHP Board approved US$544 million in capital expenditure to execute the Shenzi North oil project in the US Gulf of Mexico. We will sustainably supply the commodities needed by the world. —BHP CEO Mike Henry.

Future 221
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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February also saw the publication of a Los Angeles Times interview with US Secretary of Energy Steven Chu ( earlier post ), in which he voiced concern that the effects of climate change could decimate California’s agriculture as well as its urban water supplies. Canada’s 2009 GHG emissions are 48.7%

Climate 236