energy efficiency

EU leaders sign Lisbon declaration to support energy transition

On the sidelines of the Second Energy Interconnections summit on 27 July, European leaders signed the Lisbon Declaration, aiming to strengthen regional cooperation in the framework of the Energy Union and better integrate the Iberian Peninsula into the internal energy market.

High demand for LNG in Europe

The European high natural gas prices are forcing the energy industry in the continent to secure supplies of LNG to store for next winter, as Norwegian fertiliser company “Yara” noted last week. Less LNG is available for Europe currently, while high coal prices are making the need for a switch to another fuel important.

Floating solar fuels rig to develop hydrogen fuel

Researchers from Columbia Engineering have developed a novel photovoltaic-powered electrolysis device that can operate as a stand-alone platform that floats on open water. Water electrolysis, the splitting of water into oxygen and hydrogen fuel, is seen as a way to convert electricity from solar photovoltaics into storable hydrogen fuel.

Malta studies potential of LNG as marine fuel

In response to the requirements of EU Directive 2014/94/EU for the development of an LNG re-fueling infrastructure for maritime transport in main European ports, Malta’s Energy and Water Agency and Transport Malta have embarked on a study to identify an optimal infrastructure solutions for LNG bunkering in the island.

US, Portugal to boost LNG cooperation

The US and Portuguese delegations highlighted progress made in the bilateral energy relationship that could bring lower energy prices, more jobs, enhancement of Europe’s energy security and emissions reduction from the shipping sector.

DNV GL: Gas to become world’s primary energy source by 2035

Oil and gas will be crucial components of the world’s energy future, according to DNV GL’s Energy Outlook. While renewable energy will grow its share of the energy mix, oil and gas will account for 44% of world energy supply in 2050, compared to 53% today. Gas will become the largest single source of energy from 2034.

Drewry: Short-time impact for US tanker market after Harvey

The tanker market will register trade flow changes as a result of Tropical Storm Harvey striking the prime energy hub in the US, according to Drewry. However, Drewry expects no long-term material impact on the trade of crude oil and refined products, as the operations in Gulf of Mexico will resume in a week.

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