Japan’s aggressive new plan to champion clean energy is shaking up the liquefied natural gas market that it helped pioneer 60 years ago. The country, the world’s top LNG importer, called for more renewables such as wind and solar to replace natural gas in a revised plan released last week. …
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The Royal Dutch Shell oil and gas company will buy a renewable energy company as part of its goal of achieving net-zero emissions by 2050. The oil company’s Shell New Energies U.S. LLC unit is set to purchase Inspire Energy Capital LLC, a renewable energy company that serves around 235,000 …
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Global energy consumption is likely to increase by between 50% and 100% from present levels by 2050, underscoring how challenging it will be to satisfy rising energy demand while simultaneously reducing net emissions to zero. Primary energy consumption climbed to 582 exajoules (EJ) in 2019, the last year before the …
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Russia is building on its 2020 roadmap for hydrogen production over the next decade, announcing a new working group to coordinate the country’s hydrogen production and exportation projects. With the development of a new working group, by Russian Prime Minister Mikhail Mishustin, to coordinate hydrogen projects, Russia appears to be …
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Oil prices climbed on Wednesday after industry data showed US crude and product inventories fell more sharply than expected last week, reinforcing the expectation that demand will outstrip supply growth even amid a surge in Covid-19 cases. US West Texas Intermediate (WTI) crude futures rose 43c, or 0.6%, to $72.08 …
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The 2020 Summer Olympics kicked off in Tokyo on Friday and there are already signs the toughest part of the competition may just be the extreme heat and humidity in what is expected to be the hottest Olympics on record. Temperatures in Tokyo this time of year are usually in …
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Meeting the goals of the Paris Agreement would create 8 million jobs by 2050, a new analysis published in the journal One Earth found. Currently, 18 million people globally work in the energy sector, which the study defines as only those within the energy system, not adjacent sectors like energy …
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Iraq’s Ministry of Oil has announced finalised oil exports for June of 86,765,589 barrels, giving an average for the month of 2.892 million barrels per day (bpd), slightly down from the 2.899 million bpd exported in May. The exports from the oilfields in central and southern Iraq amounted to approximately …
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Do you remember this CNET Road Show headline from 2019? “Toyota will use Tokyo Olympics to debut solid state battery electric vehicle.” The 2020 Olympics were supposed to showcase the zero emissions talents of the Japanese auto industry, with crowds of people moving seamlessly from place to place using self-driving …
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Between 2018 and 2020, the solar power capacity of Vietnam leapt to 16.5 gigawatts from 0.1 gigawatts. In the same period, the sunny Mena region added only 3.1 gigawatts in its entirety. The region has made some important strides in solar power but it needs to find the way to …
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