Saudi Oilfield Attack Tests Mettle of U.S. Energy Independence

 

 

 

 

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Jamison Cocklin

 

September 30, 2019

TAGS attack / energy / independence / oil / saudi arabia

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U.S. Energy Sector Impacts Seen Varying in Aftermath of Saudi Oilfield Attack

Natural Gas Downside Seen as Saudi Attack Serves Up Stark Reminder of Oil’s Geopolitical Risks

 

The recent attack on key oil infrastructure in Saudi Arabia demonstrated the muscle of North American oil and natural gas production, but it again tested the notion of energy independence and enduring exposure to global energy markets.

The drone and cruise missile attacks came at a time of surplus oil supplies worldwide, thanks in part to booming domestic crude production, which has thus far insulated the U.S. economy from a harsher blow. Oil prices saw their sharpest increase in the last

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Zero-carbon shipping will double freight rates

 

 

 

 

Mike King  

 0 248 4 minutes read

 Image: Shutterstock

Shippers should prepare for 100 percent hikes in freight costs in pursuit of global climate change goals, delegates at an International Chamber of Shipping conference were warned earlier this week.

Lord Turner, chair of the U.K.’s Energy Transitions Commission, said shipping was one of the hardest sectors in the global economy to decarbonize. Even so, he argued that technology and the use of zero-carbon fuels such as ammonia and green hydrogen could make shipping zero-carbon by 2050 if shippers and consumers accepted a doubling of transport costs.

Turner believes that because the cost of shipping constitutes such a small component of the retail price of most products, consumers will easily swallow such

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IMO.The 2020 global sulphur limit

IMO has set a global limit for sulphur in fuel oil used on board ships of 0.50% m/m (mass by mass) from 1 January 2020. This will significantly reduce the amount of sulphur oxide emanating from ships and should have major health and environmental benefits for the world, particularly for populations living close to ports and coasts.

 When did IMO adopt regulations to control air pollution form ships?

IMO has been working to reduce harmful impacts of shipping on the environment since the 1960s. Annex VI to the International Convention for the Prevention of Pollution from Ships (MARPOL Convention) was adopted in 1997, to address air pollution from shipping.

The regulations for the Prevention of Air Pollution from Ships (Annex VI) seek to control

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What a major offshore gas find means for South Africa's energy future

 

 

 

 
Feb 13 2019 17:27 
Nontobeko Mtshali
 

Many South African politicians, economists and specialists in the energy sector are celebrating the news that a promising show of natural gas has been discovered in deep water south of Mossel Bay.

It was found in an offshore prospecting area called Brulpadda (Afrikaans for bullfrog), which is licensed to global energy giant Total. The discovery, comes against the backdrop of rising fuel prices and an electricity utility in crisis,

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Maersk Tankers realiza ensayos con un sistema de propulsión eólica para buques

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El operador marítimo Maersk Tankers ha realizado ensayos con un sistema de propulsión eólica para sus buques. Para ello, la compañía ha instalado dos rotores cilíndricos Flettner de 30 metros de altura y con cinco metros de diámetros en su petrolero Pelican. Por lo tanto, Maersk Tankers será el primero en utilizar el buque más grande del mundo con un sistema de propulsión eólica.

El objetivo del operador es reducir el impacto ambiental del transporte marítimo. Una de las maneras de hacerlo es recurriendo a los recursos que brinda la naturaleza, como es el viento. En concreto, el sistema se pone en funcionamiento cuando los cilindros reciben el viento por un lado o costado, lo cual impulsa hacia adelante al

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