Estimated reading time: 2 minutes Today, Venture Global LNG announced the execution of a long-term Sales and Purchase Agreement (SPA) with JERA Co., Inc. for the sale of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG for 20 years. CP2 LNG is Venture Global’s third project and is expected […]
Estimated reading time: 2 minutes As the global demand for shipping continues to rise, the imperative for the industry to embrace sustainability becomes increasingly urgent to mitigate its environmental impact and contribute to a greener future. ING’s recently-published research explores the role of synthetic fuels for the net-zero transition in the shipping industry: Synthetic fuels […]
African economies hold the potential to play significant roles in global supply chains, leveraging their abundant resources, which are indispensable to high-tech sectors, coupled with their expanding consumer markets, according to the United Nations Conference on Trade and Development (UNCTAD) in their Economic Development in Africa Report 2023. Supply chains embody the systems and means […]
According to a recent statement from the U.S. Energy Information Administration (EIA), global energy consumption is predicted to surge through 2050, potentially exceeding progress in energy efficiency. This spike can be attributed to factors such as global population growth, rising regional manufacturing, and enhanced living standards. Although the EIA expects an uptick in carbon dioxide […]