Steffen Bukold (EnergyComment)

Dr Steffen Bukold (EnergyComment Hamburg 🇩🇪). Research & analysis since 2008. Oil markets & transport fuels: oil/gas, biofuels, efuels, battery-electric.

[Janis Kluge @jakluge]

Relying on Russian energy is always more expensive than it looks at first glance. Any dependency will be used against you when it matters most.

https://t.co/1fMIz933tH

[Steffen Bukold (EnergyComment) @energycomment]

SHIPPING FUELS & DECARBONIZATION
In 2025 (Q1-Q3), fuel consumption was up 1.6% yoy, following a 4.0% rise in 2024.
Actual decarbonization in 2025 via biofuels etc. amounts to c.0.7% of total bunker sales. 
More: https://t.co/AbEqlNTlHl

[Javier Blas @JavierBlas]

CHART OF THE DAY: The green slogan says the world is moving away from hydrocarbons into electrons. But then there's the question of how those electrons are produced (in absolute terms, rather than as a share).

[Steffen Bukold (EnergyComment) @energycomment]

Maritime Shipping: Orderbook and Low-Carbon Fuels (November 2025)

New ship orders in November reflect waning interest in low-carbon propulsion systems, as DNV reports.

🔴 November saw not a single order for low-carbon options.

https://t.co/C4tGCXHyNR

[Steffen Bukold (EnergyComment) @energycomment]

Global EV Adoption 2025 (Nov.Upd)
🔹 2025 sales c.21 million #EV, slightly below expectations
🔹 24% car market share and 20% growth in unit volumes
🔹 US -3%, China +15%, EU +25%, RoW +40%
🔹 Charts for all major regions via link below

https://t.co/v7zP0MKg8H

[Steffen Bukold (EnergyComment) @energycomment]

Global Oil Demand and Transport Fuels (November Update)
https://t.co/OFy5vKuurd

[Javier Blas @JavierBlas]

Beware of the long-term outlooks:

McKinsey has just released its “materials” (commodities) outlook. Last year, it projected coal demand by 2035 **down** 40%. Now, it projects coal demand by 2035 **up** 1%.

How it started … … How’s going

[Steffen Bukold (EnergyComment) @energycomment]

Decarbonising Transport Fuels: An Overview of Feedstocks, Processes, Pathways.

[Javier Blas @JavierBlas]

OIL MARKET: On the demand side, @EIAgov also revised higher consumption for May (with new monthly data).

Total US oil liquids consumption pegged at 20.32m b/d (revised higher form 19.81m b/d using weekly data). Gasoline, diesel and jet-fuel revised higher | #OOTT 2/2

[Steffen Bukold (EnergyComment) @energycomment]

#AI Good thread. Indeed, addressing persistent alignment issues early and openly is crucial for AI development. Deliberate cheating and counter-productive sycophancy are additional unsolved problems that need to be solved ahead of a broad AI deployment in companies and government.

[Anthropic @AnthropicAI]

New Anthropic Research: Agentic Misalignment.

In stress-testing experiments designed to identify risks before they cause real harm, we find that AI models from multiple providers attempt to blackmail a (fictional) user to avoid being shut down.

[Peter Zeniewski @PZeniewski]

Is LNG worse than coal? No. New IEA analysis finds that 99% of global LNG supply is less emissions-intensive than coal on a lifecycle GHG emissions basis.

[BloombergNEF @BloombergNEF]

EVs = 1 in 4 cars sold globally in 2025. 🚙🌐

• China leads.
• US slows down.
• Emerging markets take off.

💡 Learn about global adoption patterns, the impacts of policy shifts, and key battery and charging insights in BloombergNEF’s Electric Vehicle Outlook 2025: https://t.co/a95RrROUgs

#EVs #EnergyTransition #BNEF #EVOutlook

[Ramez Naam @ramez]

It's unacceptable for policing to look like this in America. This should both frighten and outrage anyone who wants the US to remain a free society.

[Steffen Bukold (EnergyComment) @energycomment]

#EU #Verkehr #Emissionen In dieser Woche stellte @transenv ihren Jahresbericht "State of European Transport 2025" vor. Trends und offene Fragen in der Übersicht:

https://t.co/BUSM3J4b0q

[Steffen Bukold (EnergyComment) @energycomment]

@FrankCHLechner Zumindest aus dem Ölmarkt gibt es dazu noch keine guten Nachrichten. Die Nachfrage und damit die Emissionen steigen Jahr für Jahr an.

[Steffen Bukold (EnergyComment) @energycomment]

#Ölnachfrage #Kraftstoffe Die aktuelle Lage im globalen Ölmarkt und Trends bei Kraftstoffen: Unser Update für den März 2025: #Ölmärkte

https://t.co/DhYTn7AeQd

[Oeystein Kalleklev @OKalleklev]

In 2002, China produced 8% of the commercial shipping fleet, today its market share is 53%. US produce only 0.1% and this is evident in lack of productivity with a conatiner ship for 3,600 TEU container boxes costing $333m at the yard in Philadelphia while the same ship built faster in China only cost $55m i.e. you can get six ships in China for the same price of one Jones Act built ship. President Trump thus want to disincentivize owners from buying Chinese built ship through the port fees which should also funnell subsidies to US shipbuilding capacity although the main beneficiary would probably be the two other large Asian shipbuilding nations South Korea and Japan. Bringing back US shipbuilding would cost a lot. As @WSJ explains, just during the period 2006 to 2013 when Chinese shipbuilding capacity took off, $91bn of subsidies was handed out to Chinese shipyards. This have been a very nice gift to Western consumers benefitting from relative cheap freight. Full WSJ story in comment section below⬇️

[Steffen Bukold (EnergyComment) @energycomment]

#LNG #Seeverkehr LNG erlebt derzeit einen Boom als #Kraftstoff für demnächst über 2000 große Seeschiffe. Klimapolitisch ist das jedoch eine Sackgasse.

https://t.co/r0evmGCRTa

[Steffen Bukold (EnergyComment) @energycomment]

#Ammoniak Saudis stoppen Ammoniak-Projekte. Produktionsziel um 80 Prozent gesenkt. CCS scheint Kosten für Blaues Ammoniak zu verdoppeln #BlueAmmonia
https://t.co/LC1f9P3KtY

[Steffen Bukold (EnergyComment) @energycomment]

#Ölpreise Rohölpreise fallen unter 70 Dollar je Barrel und damit in die Nähe eines Mehrjahrestiefs. OPEC+ Kartell wirkt ratlos und tritt Flucht nach vorn an. Auch die US-Öllobby hat sich anscheinend verkalkuliert. #Brent #Öl #Trump #OPEC

https://t.co/KOCYw3b9Tz