Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis (IEEFA). As major importing regions—including …
The Niti Aayog has proposed a host of fiscal and non-fiscal incentives, including extension of the production-linked incentive scheme to vehicles run on liquified natural gas and setting up a demand aggregator, to encourage use of LNG in medium and heavy commercial vehicles. This will help lower carbon dioxide emissions …
Since the discovery of large offshore oil and gas reserves in 2014, Senegal has set its hopes on fossil fuel export revenue to help fund its plans to become an emerging economy by 2035. Senegal is actively seeking investors to help develop its offshore oil and gas reserves – both …
The global oil and gas industry encompasses a large and diverse range of players: from small, specialised operators to huge national oil companies. These producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products. The …
Africa’s energy sector is on the precipice of transformation with large-scale developments kicking off across the continent. Providing a comprehensive overview of the evolving industry, the African Energy Chamber (AEC) is pleased to reveal its latest industry-focused report: ‘The State of African Energy 2024 Outlook’. The AEC’s 2024 Outlook offers …
The Global Gas Security Review has provided a thorough assessment of the evolution of gas supply security and LNG contracting trends each year since its first publication in 2016. This year’s edition includes the latest insights of the IEA’s quarterly Gas Market Report, as well as a special spotlight on …
Shipbuilders lured by a temporary bull market will likely be left stranded as the world transitions away from fossil fuels. They are facing significant risk by overshooting liquefied natural gas (LNG) shipping capacity that is inconsistent with future energy scenarios. This report finds that the uptake in shipping capacity far …
This report mainly deals with energy transition issues connected with the oil and gas sector, and energy transition will also significantly impact other sectors like industry, transport, cooking etc. In India, we have large Public Sector Undertakings and some private companies which control most of the energy sector, be it …
The global natural gas market suffered a major shock in 2022 as Russia cut pipeline deliveries to Europe substantially, placing unprecedented pressure on supply and triggering a global energy crisis. Despite this, European countries were able to fill their underground gas storage sites well above historical averages, supported by a …
This report outlines a decarbonisation pathway that shows it is possible for five of Australia's most significant heavy industry supply chains to transition to net zero, consistent with global efforts to limit warming to 1.5ºC. Produced in collaboration with companies representing around a fifth of Australia’s industrial emissions and a …
Global liquefied natural gas (LNG) supplies are likely to remain tight through 2025, curbing demand growth in key Asian import markets. European LNG demand may remain strong in the short term, but will decline by 2030 as decarbonization and energy security policies take effect. Meanwhile, a wave of new LNG …
This background note was developed to inform the discussions at the Special IEA Ministerial on Gas Markets and Supply Security on 15 February 2023. It assesses the latest developments in European and global natural gas markets, taking into account the impacts of the energy crisis triggered by Russia’s invasion of …
This report assesses key drivers, potential, barriers, and solutions of developing natural gas value chains in Africa to fight energy poverty and enable a just energy transition. In doing so, it looks at how gas can play a major role in delivering a secure and sustainable energy future for the …
European and global natural gas markets are not yet out of the danger created by Russia’s cuts to pipeline deliveries of gas. If gas exports from Russia drop to zero and China’s LNG imports rebound to 2021 levels, there is a risk of a shortfall gas supplies in 2023. Measures …
Massive LNG expansion plans will seriously compromise meeting the 1.5°C limit. New CAT analysis finds the LNG capacity now under construction, coupled withexpansion plans, could increase emissions by over 1.9 GtCO2e per year in 2030 above emission levels consistent with the IEA’s Net Zero by 2050 scenario. This pipeline of …
The African Energy Chamber has launched ‘The State of African Energy: 2023 Outlook,’ a consolidated report providing global investors and energy companies with the insights they need to make informed decisions in 2023 and beyond. This detailed report analyzing current, emerging and future oil and gas market trends as well …
Allocating India’s additional domestic gas supply to the power sector would enable some stranded and underutilised gas-based plants to serve as flexible generation – providing an interim solution to firm variable renewable energy while battery storage scales up and becomes cost-competitive, according to this new report by the Institute of …
The global liquefied natural gas (LNG) industry has pinned its long-term hopes for growth on emerging markets in China, South Asia, and Southeast Asia. But this new IEEFA report finds that sustained high prices over the past year have eroded the economic case for LNG and hurt LNG sales in …
Russia’s invasion of Ukraine has exacerbated the tightening supply of natural gas underway since mid-2021, further pushing up prices for consumers and leading to fuel switching and demand destruction. It also casts longer-term uncertainty on market prospects for natural gas, especially in developing markets where it was to play a …
The world is going through a major energy crisis as a result of Russia’s invasion of Ukraine. At the same time, the next few years are critical for climate action—a last chance to keep the 1.5°C temperature limit within reach. So far, governments have largely failed to seize their chance …
