Scott Shields Katy Texas Energy Blog

McKinsey report: Gas the only fossil fuel to rise in demand through to 2035 China, ASEAN, and South Asia to account for 95% of global LNG demand growth until at least 2035 Carla Sertin Sep 15, 2019 McKinsey Energy Insights, the global energy market intelligence and analytics arm of McKinsey & Company, today launches its Global Gas and LNG Outlook to 2035. The report reveals that gas is the only fossil fuel expected to continuously rise in demand through to 2035 and sets out a vision of a very different gas and LNG market dynamic. The report reveals that, in 2018, China emerged as the world’s biggest importer of gas and LNG, overtaking Japan, and second biggest importer of LNG, overtaking South Korea. McKinsey expects demand to continue rising in the region, with China, ASEAN, and South Asia to account for 95% of global LNG demand growth until at least 2035. Total gas demand is set to rise by 0.9% p.a., while Asian gas demand is set ...

Julius Baer Gets Into Crypto Banking With SEBA Partnership The sign for Swiss bank Julius Baer is seen at a branch office in Luzern, Switzerland, November 23, 2017. REUTERS/Arnd Wiegmann February 26, 2019 By Brenna Hughes Neghaiwi ZURICH (Reuters) – Julius Baer plans to offer access to digital assets through a partnership with Swiss start-up SEBA Crypto in the latest move into cryptocurrencies by a Swiss private bank. The partnership, which follows a similar move by smaller rival Falcon Private Bank, will enable customers of Julius Baer, Switzerland’s third-largest listed bank, to store, trade and invest in digital assets, the two firms said on Tuesday. Report Ad Banks see promise in the blockchain technology underpinning cryptocurrencies, but have not rushed into an industry which has faced regulatory scrutiny and extreme price swings. Falcon has allowed private and institutional clients to invest in bitcoin, ether and litecoin and has gradually expanded its offerings since a partner...