Articles & Video
Gas likely to get off lightly as shareholders and courts press Big Oil to accelerate energy transition plans
Successful shareholder revolts and legal action are piling pressure on the big publicly traded oil and gas companies to accelerate energy transition plans. This is encouraging the sale of dirty oil-focused assets to private and national oil companies, along with a future investment preference for lower carbon and gas projects – which could result in an increased weighting towards light oil, gas, and LNG among the majors’ future fossil fuel portfolios. Nevertheless, it may mean more gas gets left in the ground in the end.
New IEA report pressures industry to speed transition
In May, the IEA released a transformational road map on how the global energy system could transform and achieve net-zero carbon emissions by 2050. Its recommendations include no new upstream projects, and, of course, a dramatic ramp up in investment in renewables and other low carbon alternatives. Gas fares better than oil, with gas demand continuing to rise until the mid-2020s, but it then halves from that peak by 2050, highlighting the risk of stranded assets and encouraging investors to focus on alternatives now.
eFlame Infocus: Path to net zero – role of corporate PPA’s to achieve renewable goals?
Watch the eFlame Infocus webcast from 12 May 2021 on the main factors for success and challenges with PPA agreements
eFlame Infocus: Decarbonisation to net zero: carbon markets and natural carbon removals
Watch the eFlame Infocus webcast from 12 May 2021 and discover how carbon markets will evolve in response to the Paris agreement and corporate commitments to net-zero.
eFlame Infocus: Owning your Leadership, Identity and Power in the Energy Transition
Watch the eFlame Infocus webcast from 11 May 2021, and hear expert views from global women business leaders about succeeding in the LNG and energy world.
eFlame Infocus: Gas Markets update on sector integration and system integration
Watch the eFlame Infocus webcast from 11 May 2021, on decarbonisation of the energy system and how to create an integrated energy system taking into account the economic, technological, environmental and social elements which are impacting different member states.
eFlame Infocus: Policy overview on gas, methane and hydrogen: Fit for 2050 and the gas sector
Watch the eFlame Infocus webcast from 11 May 2021, on the European Commission's latest plans for the green deal and gas.
Coronavirus resurgence weighs on oil demand and tanker earnings
Stalling crude demand may deepen contango trades, but doubts emerge this will offset lower-than-anticipated exports and lift tanker earnings.
Challenges, barriers, and the costs of the EU hydrogen strategy
We caught up with energy policies and market consultant, Andrei Belyi, to examine the challenges, barriers, and the costs of the EU hydrogen strategy moving forward.
[WEBCAST] The future of clean and sustainable hydrogen in Europe
In this webcast Nienke Homan and Professor Ad van Wijk discuss the development of a hydrogen economy in Europe, the pioneering Hydrogen Valley in the Northern Netherlands, and the likely impact of the EU Hydrogen strategy.
[WEBCAST] Will the COVID-19 pandemic lead to a structural change in LNG markets?
In this webcast, Dr. Vakhshouri explores the likelihood of a structural change in LNG markets due to the COVID-19 pandemic.
Covid-19 pandemic could not have come at a worse time for the LNG industry
An oversupply of LNG, along with mild winters and record high stock levels pushed gas prices around the world to their lowest levels on record earlier this year. The industry has now entered a phase of survival and adaptation.
Flame conference and WECS announce Women at Flame Summit
In order to provide a platform for dialogue on gender equality in global gas and LNG sector, Flame and the Women in Energy, Climate and Sustainability (WECS) Foundation are launching the Women at Flame Summit, being held on 11 May 2020 on the side-lines of the Flame Conference.
Four common misconceptions about the LNG industry
Do you have any long-cherished beliefs about the LNG industry which may not be grounded in fact? Last month at the LNG Global Congress, we caught up with four experts from across the industry to find out about some of the common misconceptions they have encountered. From US exports, to air pollution, to the economics of LNG vs pipeline gas, their answers may just get you to look a little differently at the LNG trade.
LNG demand: buyers’ strategies in Asia and the Middle East, 2020-2030
Which of the world’s Asian and Middle Eastern LNG consumers will absorb the additional 120 - 150 Mtpa of extra LNG capacity expected to come to market by 2024, and how are buyers’ strategies likely to evolve over the coming decade?
Bridging the equity investment gap in emerging market energy asset development
Simon Holden, Head of Investment Advisory Services at Lloyd's Register, writes that cool heads will prevail when trying to get energy projects of the ground in emerging economies.
Japan's coming of age in the Asian LNG market
If demand forecasts hold true, China will unseat Japan this year as the world’s largest importer of liquified natural gas. That shouldn’t divert attention from the fact that Japan will play a significant, if altered, role in the region’s LNG markets over the years to come. We spoke to Ken Koyama, Managing Director and Chief Economist at the Institute of Energy Economics Japan, to find out more.
Here’s what’s different about the current LNG supply cycle
Circa the final quarter of 2018, the LNG industry finds itself in what must seem a familiar position. European LNG imports are once again rising, driven largely by a rise in LNG shipping costs. A new wave of liquefaction projects is underway, with everything to gain for project developers able to attract investment. Commoditisation is still a core objective, but questions remain to be answered before a global pricing benchmark starts to look realistic. The LNG industry is a cyclical one - but there are some important differences about the current supply cycle.