Australia Has Offered To Export More Liquefied Natural Gas To Europe In Light Of Ukraine Tensions. Here's Why - Abc News
Australia offers to provide liquefied natural gas to "friends and allies" in Europe, should Moscow decide to cut off energy supplies in light of Ukraine tensions.
In his 2022 letter to CEOs, BlackRock (BLK) CEO Larry Fink urged other heads of companies to prepare for and participate in the green transition as part of a broader defense of stakeholder capitalism. "I believe the decarbonizing of the global economy is going to create the greatest investment opportunity of our lifetime," Fink wrote.
JAKARTA : Indonesian President Joko Widodo launched construction of a $2.3 billion coal gasification plant on Monday, in a bid to slash the country's liquefied petroleum gas (LPG) imports while optimising its coal resources. The plant is designed to utilise 6 million tonnes of low rank coal to produce 1.4 tonnes of dimethyl ether (DME) annually, which can reduce Indonesia's LPG import by 1 million tonnes per year, according to state coal miner Bukit Asam, which is building the plant in partnership with U.S. firm Air Products and Chemicals, Inc.
In 2021, Indonesia consumed 7.95 million tonnes of LPG, 6.4 million tonnes of which were imported,: Indonesian President Joko Widodo launched construction of a $2.3 billion coal gasification plant on Monday, in a bid to slash the country's liquefied petroleum gas (LPG) imports while optimising its coal resources.
Vietnam's status as a regional hub and stronghold for renewable energy is rapidly growing. : At the 2021 United Nations Climate Change Conference, members of the Vietnamese government headed by Prime Minister Pham Minh Chinh promised carbon neutrality by the year 2050. For Vietnam, a still-developing country, to realize this goal, it would have to phase out coal plants and modernize its national grid. Currently, Vietnam is expecting a recovery of 6.5% in GDP growth in 2022, according to the Asian Development Bank. Consequently, power consumption has increased more than 11% per year, significantly faster than the national GDP.
FILE PHOTO: A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato LONDON : Asian spot liquefied natural gas (LNG) prices dropped this week as large Chinese sell tenders signalled that supplies are well-stocked amid continued tepid Asian demand. The average LNG price for March delivery into north-east Asia fell to around $23.00 per metric million British thermal units (mmBtu), down $9.60 or nearly 30per cent from the previous week, industry sources said.
FILE PHOTO: The logos of Nippon Steel Corp. are didplayed at the company headquarters in Tokyo, Japan March 18, 2019. Picture taken March 18, 2019. REUTERS/Yuka Obayashi TOKYO :Japan's biggest steelmaker Nippon Steel Corp will buy two electric arc furnace steelmakers in Thailand in a deal worth up to $763 million, it said on Friday, as it seeks to cut its reliance on blast furnaces that use coking coal and emit carbon dioxide. Nippon Steel will pay about $300 million to buy stakes in Thai steelmakers G Steel and GJ Steel.
TOKYO: Japan's biggest steelmaker Nippon Steel Corp will buy two electric arc furnace steelmakers in Thailand in a deal worth up to $763 million, it said on Friday, as it seeks to cut its reliance on blast furnaces that use coking coal and emit carbon dioxide.
The Britishvolt site at Northumberland could make 300,000.: Work on a gigafactory that will make batteries for electric vehicles will start in the next few months after a multimillion-pound Government grant helped attract PS1.7bn from private investors. The Britishvolt factory near Blyth, in Northumberland, will create 3,000 direct jobs and another 5,000 in its supply chain when it reaches capacity. It is being built on the former coal yards of the old Blyth Power Station.
Jan 5, 2022 3:00 PM ETTweet This: Not all natural gas is created equal! Learn how renewable natural gas may have a place in the net-zero economy in a new article by @Black_Veatch. Read the full article here: https://bit.ly/3t0suPf BlogThose who denounce natural gas as a replacement for clean energy are not incorrect, but the intermittency issues associated with wind and solar make it foolish to ignore natural gas' role in bridging the energy gap as we transition away from fossil fuels. It's true, fossil-based natural gas is hard on the environment, but not all natural gas is created equal.