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Market Outlooks

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LPG as marine fuel with supportive technologies could deliver significant carbon reductions, report shows
Market Outlooks

LPG as marine fuel with supportive technologies could deliver significant carbon reductions, report shows

LPG as marine fuel, in combination with energy-saving technologies such as onboard carbon capture and storage (OCCS), could deliver a significant carbon reduction, according to a new joint report from Lloyd’s Register (LR) and the World Liquid Gas Association (WLGA).

about 2 years ago
WoodMac: E-fuels can offer solution to power critical transportation segments
Market Outlooks

WoodMac: E-fuels can offer solution to power critical transportation segments

E-fuels can offer a solution to power critical segments of transportation such as ships, long-haul aircraft and heavy-duty commercial vehicles, but the journey needs to start now, a Wood Mackenzie (WoodMac) report said.

about 2 years ago
protectionism
Market Outlooks

Rising protectionism threatens global shipping, ICS says

The negative impact of protectionism is seen as one of the biggest emerging threats to global shipping.

about 2 years ago
Illustration; Source: AG&P LNG
Market Outlooks

Global LNG markets facing oversupply while key importing regions work on curbing demand

The new wave of LNG supply is set to flood the market amid demand uncertainty, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

about 2 years ago
SCC: Emissions will skyrocket without urgent action from shipping industry
Market Outlooks

SCC: Emissions will skyrocket without urgent action from shipping industry

The shipping industry must take urgent action to meet ambitious new climate targets set by the International Maritime Organization (IMO), according to a new report from the Sea Cargo Charter (SCC).

about 2 years ago
Darwin LNG in Australia; Source: Australian Energy Producers (former APPEA)
Market Outlooks

Twofold jump in LNG demand places Australian gas at the heart of Asia’s energy security and emissions cuts

Australian Energy Producers is convinced that Australian gas has the opportunity to be a major piece of the Asia-Pacific’s emissions reductions and energy security puzzles.

about 2 years ago
SLB closes joint venture with Norwegian carbon capture company
Market Outlooks

SLB closes joint venture with Norwegian carbon capture company

American oilfield services company SLB and Norwegian pure-play carbon capture company Aker Carbon Capture (ACC) have completed their previously announced joint venture, which includes ACC’s sale of 80% of its shares in Aker Carbon Capture Holding (ACCH) to a subsidiary of SLB. It was announced in Ma

about 2 years ago
Ammonia cuts shipping GHG emissions by up to 61%, study says
Market Outlooks

Ammonia cuts shipping GHG emissions by up to 61%, study says

An independent study, commissioned by SGMF, has revealed that GHG reductions of up to 61% are now achievable from using ammonia as a marine fuel.

about 2 years ago
Illustration; Source: ADNOC Logistics and Services
Market Outlooks

Twofold increase in LNG vessel orders playing out against the backdrop of elevated newbuilding prices

The number of LNG newbuilding values is perceived to be at a record high with twice as many newbuild orders in 2024 as there were last year.

about 2 years ago
To back energy transition, Shearwater and XOCEAN unite for CCS and offshore wind
Market Outlooks

To back energy transition, Shearwater and XOCEAN unite for CCS and offshore wind

Building on the joint delivery of several large data campaigns, Norway’s Shearwater GeoServices and Ireland-based XOCEAN have set up a strategic collaboration to provide integrated data solutions to the carbon capture and storage (CCS) and offshore wind markets. The collaboration will combine Shearw

about 2 years ago
Hywind Tampen floating wind farm and Snorre platform; Source: Equinor
Market Outlooks

Energy transition needs to pick up the pace to counter uncertainty over net zero targets

Equinor has highlighted that the speed and scale of the energy transition have to increase to reach the 1.5-degree ambition by 2050.

about 2 years ago
Black & Veatch looking into hydrogen commercialization in Malaysia
Market Outlooks

Black & Veatch looking into hydrogen commercialization in Malaysia

Tenaga Nasional Berhad and PETRONAS have appointed Black & Veatch to study green hydrogen commercialization pathways as part of efforts to realize Malaysia’s low-carbon energy ambitions.

about 2 years ago
group of workers from RenewableUK Cymru standing in front of a red dragon statue
Market Outlooks

RenewableUK Cymru pushes for renewable energy reforms in Wales

RenewableUK Cymru is urging the next UK Government to set technology-specific targets to support the goal of meeting 100% of electricity demand from renewable sources by 2035.

about 2 years ago
Study shows road to net zero in Pilbara-to-Asia export trade route through LNG
Market Outlooks

Study shows road to net zero in Pilbara-to-Asia export trade route through LNG

A joint study by Pilbara Clean Fuels (PCF), Oceania Marine Energy and RINA has revealed that Well-to-Wake emissions in the Pilbara-to-Asia iron ore export trade route can be reduced by over 90% by 2050 through the use of liquefied methane (LNG).

about 2 years ago
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