North America (the United States and Canada) is endowed with significant natural gas resources that could play a vital role in addressing major challenges that the global energy industry faces today. North America could supply affordable energy to help counter high prices across the U.S. and Europe. The region could provide energy security by exporting […]
Tag: Energy
In the aftermath of the Russia-Ukraine war, the imports-reliant European country, Italy, will import gas from Qatar, which sounds like a ‘short-term solution’ to analysts. Russia’s gas imports account for nearly 40% of Italy’s total imports, as per global trade statistics 2021. However, the decision taken by Italy is deemed to be a temporary relief […]
Amid Russia’s invasion of Ukraine, the United States of America, the United Kingdom, and the European Union have announced to restrict Russian crude oil and gas imports. However, still, they are dependent on Russian oil and gas as Russia is the world’s second-largest exporter of crude petroleum oil and seventh-biggest supplier of petroleum gas. According […]
Indonesia accounts for about 22.25% of world exports in raw materials’ commodities, while for imports it accounts for about 12.65% as per WITS Statistics 2019. Indonesia is the net importer of crude oil, imported worth around $13 million in 2019. On the other hand, it is a net exporter of coal, exported worth around $13.5 […]
At the USA export terminals, deliveries of liquified natural gas (LNG) have increased in the period of November 2021. Record levels surged from 10.9 billion cubic feet per day on November 30, 2021, to 11.2 billion cubic feet per day in the same period for the year 2021. These readings are from the total gas […]
Coal is the biggest of all three fossil fuels, contributing to greenhouse gases (GHG) emissions. Non-renewable energy sources namely coal, oil, and gas, as their name suggests, cannot be replenished and, ironically, supply more than 80% of world energy. According to a report of the World Bank, coal alone contributed to more than 70% of […]
The increasing demand for electric vehicles (EVs) is rapidly growing with the passage of time and changes in the environment. This gradual adoption of electric vehicles dates back to around 2015. The much-needed conversations on planet earth are one of the major contributors to rise of the electric vehicles. Over the few years, the conservation […]
Key Highlights: EU set a target to produce 50% green hydrogen from renewable power “Fit for 55” proposal also aims to generate 40-GW electrolyser capacity by 2030 EU and China are the biggest competitors in green hydrogen industry The European Union has set a target to cut 55% greenhouse gas emissions by 2030 under its […]