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ETS Insights @ETSglobal

ETS is a leading technology provider to the infrastructure and energy industry, delivering fully integrated projects, products, and services.

Joined August 2024
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  • Following 77
  • Followers 14
7 Photos and videos
Electricity demand is rising in India. It's forecast to surge 8% this year, driven by strong economic activity & intense heatwaves. China is also set to see significant growth of over 6% .
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There is no supply shortage. It's replaced with other fuel sources.
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India launched an ambitious plan to encourage Green #hydrogen production. Problem is, 2kgCO2eq per Kg of Hydrogen is yet to be realistically produced anywhere. Realistic goals are necessary instead of overambitious targets. #GreenEnergy #Sustainability #sustainable #emissions
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Oil prices have weakened in recent months as investors fretted about slowing demand growth in top importer China and rising supplies from outside OPEC trib.al/XakpcfP

Goldman Cuts Oil Outlook Below $80 as OPEC Risks Send Chill

Wall Street is beginning to sour on the outlook for crude next year, with Goldman Sachs Group Inc. and Morgan Stanley lowering price forecasts as global supplies increase, including potentially from...

bloomberg.com
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In its latest global #climate report, the National Oceanic and Atmospheric Administration confirmed that July was the 14th straight month of record-breaking heat. In the last 175 years, only one other hot streak has come close in terms of longevity. sciencenews.org/article/reco…

The world's record-breaking heat has lasted 14 months. When will it end?

Science News spoke with NOAA climatologist Karin Gleason about the ongoing record-breaking streak of record-high global temperatures.

sciencenews.org
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Fishery assessment models overestimate the sustainability of the world’s fisheries, according to a Science study of 230 fisheries, and populations of many overfished species are in far worse condition than has been reported. scim.ag/87z; scim.ag/87y

Stock assessment models overstate sustainability of the world’s fisheries

Effective fisheries management requires accurate estimates of stock biomass and trends; yet, assumptions in stock assessment models generate high levels of uncertainty and error. For 230 fisheries...

science.org
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Two years after the Inflation Reduction Act (IRA) set off a wave of excitement for clean hydrogen in the US, projects are stalled or stuttering in an environment of deep uncertainty around policy supports. #hydrogen #CleanEnergy #Renewables offshore-energy.biz/eni-clos…

Eni closes Nigerian onshore chapter and hits LNG production milestone offshore Mozambique

Eni has disclosed a new feat accomplished by its FLNG unit, which reached 5 million tons of LNG production off the coast of Mozambique.

offshore-energy.biz
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Halliburton, a major U.S. oil field services firm, experienced a #cyberattack on Wednesday, affecting some of its systems, particularly at its north Houston campus and global connectivity networks. Read more: ow.ly/Z67j50T4z7g #oilandgas #cybersecurity

Halliburton experiences cyberattack at campus in Houston, Texas

Halliburton, a major U.S. oil field services firm, experienced a cyberattack on Wednesday, affecting some of its systems, particularly at its north Houston campus and global connectivity networks.

worldoil.com
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SUVs are setting new sales records each year — & so are their emissions. If SUVs were a country, they would be the world’s 5th largest emitter of CO2 Read more in the commentary on what this means for efforts to reach energy & climate goals ➡️ iea.li/4dNM0Tb
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Due to global energy crisis, consumers worldwide paid 20% more on average for energy in 2022 than in previous years. What #EnergyTransition strategies are required? Read more 👉 iea.li/3WWiDau

Strategies for Affordable and Fair Clean Energy Transitions – Analysis - IEA

Strategies for Affordable and Fair Clean Energy Transitions - Analysis and key findings. A report by the International Energy Agency.

iea.org
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The pace of the transition to EVs will hinge on their cost. In #China, 60% of electric cars sold in 2023 were already cheaper than conventional equivalents Competition & innovation are expected to bring down prices in other major markets 👉 iea.li/4cj9kHl #energy

Global EV Outlook 2024 – Analysis - IEA

Global EV Outlook 2024 - Analysis and key findings. A report by the International Energy Agency.

iea.org
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The #offshore industry is working to lower #carbon and harness #RenewableEnergy . Important learnings for #developing world and #India. offshore-mag.com/energy-tran…

Getting there from here: examining the energy transition

The offshore industry is working to lower carbon footprint, harness renewable energies.

offshore-mag.com
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The #MiddleEast champions #sustainable #shipping as Methanol Institute joins IMO. What is happening with this #fuel and #energy in the region? Are #ports looking at supplying multiple types of fuels for ships? Find out more here: oilandgasmiddleeast.com/busi…

Middle East champions sustainable shipping as Methanol Institute joins IMO - Oil & Gas Middle East

Middle East advances sustainable shipping as Methanol Institute gains consultative status with IMO. Middle East champions sustainable shipping as Methanol Institute joins IMO. Middle East, NEWS,...

oilandgasmiddleeast.com
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As energy transitions advance, "cents/kilowatt hour" may replace "dollars/barrel" as the benchmark for energy affordability On a path to 1.5C, oil's share in total household energy spending falls significantly by 2035 & electricity’s share surges: iea.li/4dgGlp5
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Global #crude demand is now hinging on #OPEC's spare capacity: APA Corp. execs ▪️ US production expected to plateau 📷 Read here: okt.to/24soXY #oil #OOTT #energy
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Global investment in renewable power overtook spending on fossil fuels for the first time in 2023 — a sign of the new energy economy that’s emerging But clean energy investment must grow much faster for the world to reach energy & climate goals ➡️ iea.li/4cdQ3XS
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Sharjah National Oil Co. has conducted studies for the feasibility of capturing and storing a major portion of CO2 emitted in the UAE in its Sajaa field... bit.ly/3WYhGPg #SNOC #carboncapture #ccus #netzero #decarbonization #energytransition
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ADNOC expects the global #LNG demand to increase further as more countries are looking to imports. ow.ly/ZOty50SWTS5 #naturalgas

Global LNG demand to increase as first-timers enter market, ADNOC Gas CFO predicts

To tap some of these new consumers, parent company ADNOC is building a new plant at Ruwais that will more than double the UAE’s LNG export capacity when it starts operating in 2028. Oman and Qatar...

worldoil.com
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ETS is at the forefront of bringing innovative energy services that combine established technologies with modern digitalization. #energytransition #EnergyForTomorrow #Sustainability #ESG
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