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Natural Gas
06
Aug

Global Natural Gas Demand Set For Long-Term Growth After COVID

The world’s consumption of natural gas is set to decline by 4 percent this year, but global demand will return to growth after the pandemic, thanks to low natural gas prices and stricter environmental policies, a new report showed on Thursday. The Global Gas Report 2020 – published by the International Gas Union (IGU), research company BloombergNEF (BNEF), and Italian gas infrastructure firm Snam – says that the trend of increased natural…

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Xodus
28
Jul

Xodus Group and E&E Solutions form Japanese offshore wind partnership

Global energy consultancy Xodus Group has agreed a partnership with Japanese consultancy E&E Solutions to deliver in-depth advice and analysis for the fast-developing offshore wind market in Japan. The collaboration will bring together Xodus Group’s international track record in helping clients address industry challenges to enable offshore wind, alongside E&E Solutions’ extensive experience of providing environmental and renewable energy consulting services across Japan. The partnership will provide integrated advisory and…

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Fatty
19
Jul

Discovery yields road map to oxygenated hydrocarbon production

Fatty acids, the compounds that give a diet rich in leafy greens and fish its antioxidant and anti-inflammatory benefits, are now also heralded for their versatility as raw materials in bioenergy production. Great Lakes Bioenergy Research Center scientists are enamored with one particular kind of long chain fatty acid, called furan fatty acid, because it could substitute for petroleum-based products including fuel, engine lubricant, medicines and food additives. Now, a…

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tanker
15
Jul

Yemen: Decaying oil tanker in Red Sea threatens disaster

The UN Security Council is to meet to discuss the threats posed by a rusting oil tanker off Yemen's Red Sea coast. The FSO Safer is loaded with more than a million barrels of crude oil and experts have warned of an environmental catastrophe if the vessel breaks apart. The tanker has had virtually no maintenance since the start of Yemen's devastating civil war five years ago. Houthi rebels agreed…

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Gas
06
Jul

Buffett’s Berkshire Buys Dominion Natural Gas Assets For $10 Billion

Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) has announced an agreement to purchase the natural gas transmission and storage assets of utility company Dominion Energy Inc. (D) in a deal currently valued at $9.7 billion in total, including a cash payment of $4 billion and the assumption of $5.7 billion of debt incurred by the Gas Transmission & Storage segment of Dominion. Subject to regulatory approvals, the deal is expected…

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coal
01
Jul

South Korea’s KEPCO Invests In Coal Project Despite Controversy

South Korea’s largest electric utility, state-controlled Korea Electric Power Corporation (KEPCO), has decided to buy a minority stake in a coal project in Indonesia despite local opposition and growing pressure from investors for companies to ditch investments in the dirtiest fossil fuels. KEPCO’s board of directors decided on Tuesday to pursue the US$-51 million investment to buy 15 percent in the Jawa 9 & 10 coal project in Indonesia, a…

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