LONDON and HOUSTON and SINGAPORE, Nov. 15, 2023 (Korea Bizwire) – Methane remains a significant challenge for the oil and gas industry. COP28 could prove a landmark moment for methane reduction commitments, and companies and governments will need to take strong steps to reduce emissions and enforce new standards, according to a new Horizons report [...]
ROSEMONT, Ill., Nov. 30 (Korea Bizwire) — A review of new research suggests the climate impact of methane is not accurately reflected because current metrics don’t recognize that it breaks down in the atmosphere over the course of 12 years. Other greenhouse gases (GHGs), such as carbon dioxide released from the burning of fossil fuels, [...]
SEOUL, Sept. 25 (Korea Bizwire) — A “Direct Conversion Technology of Non-oxidative Methane” owned only by the U.S. and China has been developed by Korean researchers. Analysts say it will change the landscape of the global petrochemical industry. A research team from the Korea Research Institute of Chemical Technology (KRICT) said on Tuesday that it [...]
BUSAN, Aug. 28 (Korea Bizwire) — On August 27, Busan Green Energy, a special purpose company formed by the Busan Metropolitan City government, the Korea Hydro and Nuclear Power Company, Busan City Gas and Samsung C&T Corporation, announced that it will hold an opening ceremony to commemorate a fuel cell power plant that was completed [...]
ULSAN, April 7 (Korea Bizwire) – The Ulsan National Institute of Science and Technology (UNIST) is creating an independent laboratory specializing in the production of gas by breaking down human excrement. As the gas produced is actually used to power heat sources for homes, the project is attracting attention. After the researchers do their ‘number twos’, [...]