LNG ship building outpaces gas demand, not compliant even with most conservative climate scenario, report says
The ‘golden age’ of gas and the expanding trade in LNG has led to a glut of carriers being built that is incompatible with even the most conservative climate outlook from the International Energy Agency, a think tank said Monday.
Read MoreSouth Korea prepares for blue carbon trading programme, seaweed methodology
An affiliate under South Korea’s ocean ministry is preparing measures to increase the country’s blue carbon resources, with focus on the introduction of an offset programme and the cultivation of seaweeds.
Read MoreKorean trade ministry proposes sub-rules for CCUS project development
South Korea has proposed a set of sub-rules to supplement the country’s national law for the development of carbon capture, utilisation, and storage (CCUS), specifying facility standards for project operators.
Read MoreJapanese companies team up to cut emissions from LNG value chain
Dozens of companies in Japan have endorsed a government-backed initiative that aims to reduce methane emissions in the liquefied natural gas (LNG) value chain, according to local media reports.
Read MoreKorean companies to launch N2O project in Egypt, target nitric production
A South Korea-based project developer and a chemical company have teamed up to pursue an N2O project in Egypt in a bid to generate Article 6 carbon credits from reducing emissions associated with nitric production.
Read MoreKorean refiner seeks commercialisation of membrane technology in carbon capture process
One of South Korea’s biggest refiners is seeking to commercialise a new membrane technology, as it seeks to tap into the international carbon capture, utilisation, and storage (CCUS) market.
Read MoreSouth Korea needs more proactive policies to drive down shipping emissions, NGO says
South Korea should implement more proactive measures, such as accelerating the shift towards greener fuels, to reach its emissions reduction targets for the shipping sector, an environmental group has urged.
Read MoreGlobal solar installations smash expectations, rising almost a third year-on-year
Global solar installations exceeded most industry forecasts in 2024, with 593 GW expected to be added by the end of the year, according to analysis by a global energy think tank.
Read MoreKorean research team introduces low-carbon catalyst for SAF production
A group of Korean researchers has introduced a low-carbon catalyst technology for producing sustainable aviation fuel (SAF) amid growing domestic interest in the development of the eco-friendly fuel.
Read MoreKorean refiner to launch country’s first SAF commercial production line
A top oil refiner in South Korea is set to start commercial operations of the country’s first production line for sustainable aviation fuel (SAF) next month, in response to the increasing demand for the eco-friendly fuel.
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