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Market Outlooks

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Canada
Market Outlooks

Canada positioned to be a maritime decarbonization trailblazer, study reveals

Canada could reap numerous benefits from investing in infrastructure that would enable the uptake of low and zero emissions shipping fuels, according to a new study from global sustainable development consultancy Arup carried out in partnership with Lloyd’s Register (LR) Maritime Decarbonisation Hub

about 3 years ago
Wärtsilä looks into potential of Power-to-X fuels for power generation
Market Outlooks

Wärtsilä looks into potential of Power-to-X fuels for power generation

Finnish technology group Wärtsilä has published a new whitepaper on the potential of Power-to-X (P2X) fuels for power generation. An in-depth study in the whitepaper entitled “The feasibility of Power-to-X fuels for power generation” examines the entire value chain of P2X fuels, analyses cost predic

about 3 years ago
Equinor's Hywind Tampen wind farm in the North Sea; Source: Equinor
Market Outlooks

UK and Norway’s energy transition tale spotlights oil & gas electrification, offshore wind, CCS, and hydrogen as main chapters

Westwood has looked at the UK and Norway’s net-zero targets and steps being taken to decarbonise the oil and gas industry.

about 3 years ago
Gasgrid Finland launches market consultations for national hydrogen infrastructure
Market Outlooks

Gasgrid Finland launches market consultations for national hydrogen infrastructure

As part of its task to develop national hydrogen infrastructure, international cooperation and hydrogen market around the Baltic Sea region, state-owned transmission system operator Gasgrid Finland has organised a non-binding market consultation for industrial actors to gain insight into their hydro

about 3 years ago
Credit; IISD/ENB/Kiara Worth
Market Outlooks

Headway made in Bonn but all hopes rest on COP28’s shoulders to tackle emission reduction challenges

The Bonn Climate Change Conference helped lay the groundwork for the political decisions required at COP28 in Dubai at the end of the year.

about 3 years ago
WoodMac: Gas resource holders in LNG vs. ammonia dilemma
Market Outlooks

WoodMac: Gas resource holders in LNG vs. ammonia dilemma

According to the “Stick or twist: Should gas resource holders target LNG exports or blue ammonia?” report by energy intelligence group Wood Mackenzie (WoodMac), the acceleration of the energy transition means gas resource holders increasingly face a choice to either follow the established pathway an

about 3 years ago
In focus: Transitioning to low-carbon energy future through green hydrogen corridors
Market Outlooks

In focus: Transitioning to low-carbon energy future through green hydrogen corridors

This time last year, the world, especially Europe, was busy as popcorn on a skillet trying to secure energy supplies and balance net-zero targets with the global energy crisis hot on its heels. This prompted governments, policymakers and industry players to transform strategies and ramp up investmen

about 3 years ago
Antonio Guterres, UN Secretary-General; Credit: Kiara Worth/UNFCCC
Market Outlooks

UN chief’s recipe to avert climate disaster: Beefing up renewables while cutting off investment in coal, oil & gas

The UN Secretary-General is adamant that countries need to progressively phase out fossil fuels and massively boost investment in renewables.

about 3 years ago
GSL
Market Outlooks

MPCC builds a greener fleet with acquisition of five eco-design ships

Norwegian shipowner MPC Container Ships (MPCC) has finalized the acquisition of five eco-design vessels. With a total purchase price of $136.4 million, these acquisitions come with existing charter contracts from top-tier counterparties, which the company expects to solidify its revenue-generating c

about 3 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Market Outlooks

Oil & gas with LNG as centrepiece getting a $40 billion slice of Shell’s investment pie

Shell has unveiled plans to spend around $40 billion in its Integrated Gas and Upstream businesses, as it believes that oil and gas will remain important players on the energy stage.

about 3 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Market Outlooks

With peak oil demand in sight, is the end of the black gold era really approaching?

The International Energy Agency (IEA) believes that growth in global oil demand is projected to slow down to a crawl by 2028.

about 3 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Market Outlooks

SolarDuck partners up for 780kW offshore solar project in Malaysia

SolarDuck has signed a letter of intent with subsidiaries of Tenaga Nasional Berhad (TNB), the largest utility in Malyasia, to develop a 780kW offshore floating solar plant off the coast of Tioaman island.

about 3 years ago
SEA-LNG: LNG has half the lifetime cost of methanol and ammonia
Market Outlooks

SEA-LNG: LNG has half the lifetime cost of methanol and ammonia

The lifetime fuel costs of meeting key European decarbonisation targets for shipping through the LNG pathway are expected to be roughly half that of the methanol or ammonia pathways, according to the findings of a new analysis from the SEA-LNG coalition. The multi-sector coalition promotes the comme

about 3 years ago
Illustration/Sabella’s tidal turbine (Courtesy of Sabella)
Market Outlooks

Industry calls for final adoption of EU’s Renewable Energy Directive

Large energy consumers, renewable energy producers and other members of the energy industry and its supply chain have in a joint letter urged for the faster final adoption of the revised EU’s Renewable Energy Directive.

about 3 years ago
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