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Fosil Fuels
Why Aren’t We Reducing our Reliance on Fossil Fuels Faster?
The world must rapidly cut its greenhouse gas emissions. Remarkable progress has been made, especially in the adoption of renewable energy in the transport and energy sectors, but the change is not happening fast enough to meet global net-zero ambitions.…
German state approves gas drilling project in North Sea
The controversial extraction of natural gas in the North Sea near the German island of Borkum is moving closer to becoming a reality after a responsible authority gave its approval. The Office for Mining, Energy and Geology (LBEG) in the…
From Grass to Electricity with the Help of Digesters
Over the years, growing dominant crops on land can lead to various environmental consequences, such as loss of biodiversity, soil erosion, and greenhouse gas emissions. Therefore, farmers are advised to revert parts of their land back to meadows, but whether…
EU hits Chinese biodiesel with anti-dumping measures
The European Commission announced today that it will impose anti-dumping tariffs of up to 36.4 percent on biodiesel imports from China. This is a step in the right direction for limiting imports of dubious used cooking oil (UCO) biofuels, says…
Natural Gas Demand Growth Picks up in 2024 But Outlook Remains Uncertain
Natural gas markets moved to more pronounced growth in the first half of 2024, with initial estimates indicating that global gas demand increased at a rate well above its historical average during this period. Demand growth is primarily supported by…
Oil Demand Growing at a Slower Pace as Post-Covid Rebound Runs its Course
Global oil demand growoilth is currently in the midst of a slowdown and is expected to ease to 1.2 million barrels a day (mb/d) this year and 1.1 mb/d in 2025 – bringing a peak in consumption into view this…
China’s petrochemical surge is driving global oil demand growth
The global petrochemical industry – essential to the production of clothing, tyres, detergents, fertilisers, and countless other everyday products – is currently going through a momentous period of transition. Driving this change is a towering wave of new petrochemical plants,…