A pathway for CCUS growth, the direct lithium extraction hype, what the Middle East conflict means for oil and LNG, and more.

What the Middle East conflict means for oil and LNG

Heightened geopolitical tension in the Middle East has become a disturbingly recurrent theme this century, just as it did in the last. The locus of conflict might shift each time and so, too, the implications for energy markets. So far, the oil, gas and LNG markets seem largely unfazed by this week’s escalation in Lebanon and Iran’s direct engagement with Israel.

Why have markets have stayed relatively calm and what the risks to supply and prices might be? Our experts delve into these questions and more in the latest edition of The Edge.

Creating a pathway for future growth in the CCUS sector

The industry’s early movers are setting the foundation for widespread adoption of CCUS technology. Our latest webinar, in collaboration with CRC-IB , explores the emerging opportunities and challenges in the CCUS sector, with topics including:

• Overview of the CCUS market landscape, including projections and key trends?
• Insights into the business models driving leading CCUS projects?
• Options for financing CCUS projects?
• Insights on areas of improvement within the industry, including guidance on project economics and scaling use cases to accelerate deployment?

Watch the full webinar replay here.

How the steel industry is reducing its carbon footprint

The steel industry is at a pivotal moment, facing the dual challenges of meeting global demand while addressing the urgent need for sustainability.

Our latest infographic provides an in-depth analysis of the latest advancements in green steelmaking technologies, highlighting the transition towards more environmentally responsible practices projected for 2050. Download the full infographic here.

Direct lithium extraction: is the hype justified by the reality?

In 2020, global lithium demand totalled around 383 kt LCE. By 2024, however, this figure had more than tripled to around 1.2 Mt LCE, largely thanks to the electric vehicle (EV) industry. We expect this trend to continue, with lithium consumption projected to reach about 6 Mt LCE by 2050, driven by the evolving landscape of rechargeable batteries.

Traditionally, lithium is extracted from mineral and brine sources. However, brine evaporation can take up to 18 months. Direct lithium extraction (DLE) offers a faster, more efficient, and environmentally promising alternative to traditional methods but faces cost, scalability and its own environmental hurdles before becoming a major player in the growing lithium market.

Our Lithium experts explore the opportunities and challenges of DLE in a new report. Read a summary here or access the full report.

How can inspection data enhance your renewable energy grid’s resilience? Join us for a webinar where expert panellists will share actionable insights for solar, wind, and utility operations. Register now.