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Tardy progress of reliable energy a cause for alarm

568 million people in Africa have no access to electricity By Sudeep SonawaneJune 10, 2022.Custodians of Sustainable Development Goals [7] last week urged policymakers to safeguard gains and “remain committed to working towards affordable, reliable and sustainable energy for all”.The International Energy Agency [IEA], the International Renewable Energy Agency [IRENA], the United Nations Statistics Division [UNSD], the World Bank, and the World Health Organization [WHO] … Continue reading Tardy progress of reliable energy a cause for alarm

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Qatar’s ‘energy sector will be the winner in Russia-Ukraine War’

By Sudeep SonawaneDoha, March 17, 2022The State of Qatar’s energy sector will benefit a lot by the current political uncertainty caused by Russia-Ukraine War, a Doha-based expert on international economics said Wednesday.Speaking at an online event titled ‘Navigating Markets: From interest rates and inflation to big data NFTs, Roblox, and Air Jordans’ hosted by Georgetown University in Qatar’s Director and Chair of International Economics Dr. … Continue reading Qatar’s ‘energy sector will be the winner in Russia-Ukraine War’

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Global gas trade rises record 9pc in 2021

China remains largest buyer of spot and short-term gas with 25pc gross increase By Sudeep SonawaneFebruary 14, 2022The International Energy Agency’s 2022 first quarter report that highlights last year’s results says global gas trade grew by a record 9 per cent in 2021.The agency’s initial estimates indicate the world’s gas business – LNG and long-distance pipeline supplies grew over 85 bcm.The agency’s report gathers data … Continue reading Global gas trade rises record 9pc in 2021

Qatar expands output while the world deals with the end of cheap gas

Demand for natural gas to rise 3.4% every year up to 2035 By Sudeep SonawaneSurat, August 17, 2021Qatar continues to expand its output while the rest of the world deals with the end of affordable natural gas as demand outstrips supply.Data shows supplies will fall short, says a Bloomberg report. “Beyond a massive expansion in Qatar, few new LNG export projects received clearance since the … Continue reading Qatar expands output while the world deals with the end of cheap gas

Ghana’s energy plan aims to ‘become masters of its own destiny’

Seeks $1.7B loan to develop oil and gas assets The PluralistAccra, GhanaAugust 3, 2021Ghana’s plan to buy and develop assets to push its oil and gas exploration gathered momentum last week.The west African country seeks its parliament’s approval to borrow $1.65 billion to achieve this plan.This plan comes two months after Exxon Mobil Corp exited an offshore project.Estimates show Ghana will need around $1.3 billion … Continue reading Ghana’s energy plan aims to ‘become masters of its own destiny’

Mexico’s pipeline upgrade enables US to export record 7.4 bcfpd natural gas on June 17

New York, July 26, 2021Expansion of Mexico’s natural gas pipeline network has enabled United States to export a record 7.4 billion cubic feet per day (Bcfpd) in June.Wood Mackenzie data shows exports from the US to Mexico surpassed 7 Bcfpd on multiple days during June. US recorded the highest supply of gas 7.4 Bcfpd on June 17.Pipeline imports accounted for 76% of Mexico’s total natural … Continue reading Mexico’s pipeline upgrade enables US to export record 7.4 bcfpd natural gas on June 17

Telsa chief says India’s clean energy policy is ‘inconsistent with its climate goals’

The Pluralist New Delhi, July 25, 2021Telsa Chief Executive Elon Musk has criticised India’s policy for clean energy, saying it is inconsistent with its environment goals.Replying to a question asked by a Twitter user, Musk said, “Clean energy vehicles are treated the same as diesel or petrol (vehicles) which does not seem entirely consistent with the climate goals of India.”Import duties in India are “the … Continue reading Telsa chief says India’s clean energy policy is ‘inconsistent with its climate goals’

Experts develop a wireless device that makes clean fuel from sunlight, CO2 and water

October 26, 2020Cambridge, EnglandResearchers have developed a wireless device that converts sunlight, carbon dioxide and water into a carbon-neutral fuel, without requiring any additional components or electricity.Development of Artificial Photosynthesis is a step closer with this research. Botanists term photosynthesis as the ability of green plants to convert sunlight into energy.A team from the University of Cambridge collaborated with University of Tokyo Professor Kazunari Domen’s … Continue reading Experts develop a wireless device that makes clean fuel from sunlight, CO2 and water

Impact of pandemic and disruptive new technology on economy

By Shoeb MohammadDoha, July 29, 2020Pandemic and disruptions are old. When the world grappled with Spanish flu in 1918 and impact of the World War-I, two new industries – oil and automobile – emerged. Within 10-20 years all the horse-drawn- carts and carriages disappeared from roads in New York and other big cities. This was a major disruption in the transportation. Horses used move carts … Continue reading Impact of pandemic and disruptive new technology on economy

Gas exporters forum launches analytics tool to forecast market trends

By Mohammad ShoebThe Peninsula, June 21, 2020The Gas Exporting Countries Forum (GECF) announced last Saturday it has developed a more powerful tool to analyse data and forecast gas market trends such as demand, supply and expected prices in regional markets.Using time-series data and other information, the advanced econometric-model provides member countries and customers with valuable insights to make informed decisions.The enhanced Global Gas Model will … Continue reading Gas exporters forum launches analytics tool to forecast market trends