By Dr James Jeffs,Principal Technology Analyst at IDTechEx
IDTechEx’s report, “Sustainable Future Aviation 2025-2045: Trends, Technologies, Forecasts”, finds that hydrogen is likely to be a main contender for decarbonizing the aviation industry. The report finds that the hydrogen commercial airliner market will exceed US$20 billion in 2045. However, the technology used on the planes and the source of the hydrogen needs to be considered carefully before the industry can celebrate...
Rystad Energy’s market update from Middle East Research Director, Aditya Saraswat:
“Tensions are persisting in the Middle East and the humanitarian toll is climbing.
Energy market fundamentals have been largely unaffected to date, but this could change at a moment’s notice.
In a widespread regional war scenario, Iran and Israel's conflict could severely impact gas exports and lead to delays in oil development projects.
Attacks on key facilities may threaten nearly 1.4 million bpd...
Geological models are used to help with our geo-predictions up and down dip. We usually only have a few one-dimensional control points (wells) and a seismic grid to predict reservoirs, seals and source in our acreage. Seismic is often used only structurally, and if stratigraphy is contemplated, it is often via a few simplistic amplitude extractions. The latter many a time do not show anything stratigraphically useful, and we have to” go down a few burrows”.
One of the burrows is...
“Fast escalating geopolitical risk is driving oil prices higher.
The intensifying conflict in the Middle East is generating significant supply concern in the global crude market, with prices up more than 4% (in the first week of October).
The potential for supply disruptions – particularly, but not exclusively from Iran – increases as the fighting intensifies.
But OPEC+ still sits on unusually ample spare capacity, which is the result of successive production cuts over the...
Despite the accelerating energy transition, oil and gas will remain central to the global energy mix for the foreseeable future as the key hydrocarbon sources continue to satisfy global primary energy demand, which is projected to exceed 650 exajoules (EJ) in the coming years. Rystad Energy estimates that by 2030, more than 75% of total demand will be met by fossil fuels, with emissions climbing as a result. A significant portion of these emissions will originate from upstream activities,...
Simon HolfordA*, Mojtaba RajabiB, Scott MildrenC, Rosalind KingA and Adam BaileyD
AUniversity of Adelaide, Adelaide, South Australia, Australia
BUniversity of Queensland, Queensland, Australia
CTech Limit Pty Ltd, Stirling, South Australia, Australia
DGeoscience Australia, Canberra, Australian Capital Territory, Australia
*Correspondence to Simon Holford. Email: simon.holford@adelaide.edu.au
Abstract. Carbon capture and storage (CCS) is a critical component of proposed...
In November 2023 PCF, Oceania and RINA signed an MoU to collaborate on studies to define the commercial and emissions reduction benefits their combined concepts could deliver to ship owners and charterers for the Pilbara to Asia dry-bulk minerals export trade route. The Joint Study has now been completed.
The findings demonstrate an accessible and achievable pathway to Net-Zero Emissions for LNG, on a Well-to-Wake basis, for international shipping on this trade....
Max Williamson FCA, FFin, FCPA, FGov
Max has practiced as a Chartered Accountant and Tax Adviser to the Resources Industries for over 50 years. He has been Federal President and Federal Treasurer of PESA, as well as NSW Branch President and on the NSW Committee for over 30 years.
The 14 May 2024 Federal Budget among others introduced to the Australian community two new financial incentives encouraging Australian investors/producers to progress Critical Minerals ($7...
The Asia Pacific (APAC) region is rapidly emerging as a key player in the carbon capture and storage (CCS) sector. Asian countries are intensifying their decarbonization efforts, despite challenges for a number of countries in the region, such as unsuitable geological conditions for carbon capture, utilization and storage (CCUS).
This is according to Rystad Energy research, which has highlighted Australia, Malaysia and Indonesia as emerging hubs in the APAC region, driven by the carbon...
Beetaloo or Bust, the route to commercial success for an Australian shale play, was presented by Dr Anne Forbes of Wood Mackenzie at the AEP 24 Conference in Perth in May where the paper won Best oral presentation.
Dr Anne Forbes, Angus Rodger, John Gibb
The big question we wanted to ask, and hopefully answer, is: What does it take to make this play commercial?
Flow rates from exploration and appraisal well tests have historically been low, but that’s...