Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.


EU backs new sanctions against Russia over Navalny’s death

Bloomberg | March 18, 2024 | Energy | International Trade

Two tankers with Russia’s Urals oil idle for weeks off India

Bloomberg | March 18, 2024 | Energy | Maritime | Bulk

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U.S. crude oil exports reached a record in 2023

AJOT | March 18, 2024 | Energy

U.S. crude oil exports established a record in 2023, averaging 4.1 million barrels per day (b/d), 13% (482,000 b/d) more than the previous annual record set in 2022. Except for 2021, U.S. crude oil exports have increased every year since 2015, when the U.S. ban on most crude oil exports was lifted.

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Ocean Network Express finalizes European Union Allowances (EUA) Transaction

AJOT | March 18, 2024 | Energy | Alternative | Green Shipping | Maritime | Liner Shipping

Ocean Network Express (ONE) has announced its inaugural European Union Allowances (EUA) transaction with BNP Paribas.

Treasury is asked why US firm insures ships carrying Iran oil

Bloomberg | March 18, 2024 | Energy | Maritime | Bulk

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Nuvera Fuel Cells selected for funding by the U.S. Department of Energy for manufacturing next-gen fuel cell stacks

AJOT | March 18, 2024 | Energy | Alternative | Green Shipping | Trucking

Nuvera Fuel Cells, LLC, a leading provider of fuel cell power solutions, has been included in this week’s announcement by the U.S. Department of Energy (DOE) of $750 million in funding under the Bipartisan Infrastructure Law (BIL) for 52 projects that directly support the national clean hydrogen strategy.

Offshore wind’s next big problem: Not enough ships
Energy
Bloomberg | Top Story | March 18, 2024

Offshore wind’s next big problem: Not enough ships

With turbines approaching the size of the Chrysler Building, there’s a looming shortage of ships large enough to install them
Airbus, EasyJet seek UK funding to push hydrogen-powered aviation

Bloomberg | March 18, 2024 | Air Cargo | Airlines | Energy | Alternative | Green Shipping

BP holds early talks on Trinidad-Venezuela gas field

Bloomberg | March 18, 2024 | Energy

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Eksfin provides EUR 525 mn in loan financing to Ørsted based on Norwegian exports to Hornsea 3 offshore wind farm in the UK

AJOT | March 18, 2024 | Energy | Alternative

Export Finance Norway (Eksfin) is providing loan financing of EUR 525 mn to Ørsted of Denmark, one of the world's largest offshore wind developers.

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Groke Technologies welcomes Pyxis Ocean performance

AJOT | March 18, 2024 | Energy | Alternative | Green Shipping | Maritime | Bulk

Groke Technologies has welcomed the energy saving performance of the world’s first vessel fitted with BAR Technologies’ wind propulsion system WindWings®, which charterer Cargill said has achieved equivalent fuel savings of 3t per day.

US sanctions oil tanker for Iranian trade involvement

Bloomberg | March 18, 2024 | Energy | Maritime | Bulk

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Canada to join German-backed effort to create hydrogen market

Bloomberg | March 18, 2024 | Energy | Alternative

Canada is set to join a German- and Dutch-backed effort to kickstart the trade of hydrogen, which is seen as a clean-energy alternative to dirtier fossil fuels.

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New global partnership aims to extinguish lithium-ion battery fires

AJOT | March 15, 2024 | Energy

Innovative American manufacturer signs exclusive licensing deal with influential Korean company...

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