Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Estes adds electric trucks to its California fleet
| January 12, 2024 | Energy | Alternative | Green Shipping | Trucking
The company’s Banning, California, terminal has incorporated 12 EV trucks to its pickup-and-delivery offerings...
Shipping stocks surge globally as US, UK strike at Houthis
Vestas will make its biggest-ever wind turbine blade in Poland
| January 11, 2024 | Energy | Alternative
Vestas Wind Systems A/S will open a factory in Poland to produce the blades for its massive new offshore wind turbines, a key step as the company works to deliver orders that will return it to profitability.
Clean Energy begins producing renewable natural gas at latest project
| January 11, 2024 | Energy
Clean Energy Fuels Corp. announced that it has completed a new renewable natural gas (RNG) production facility at Drumgoon Dairy in Lake Norden, S.D.
Low Carbon Fuels Coalition announces new Executive Director Vercruse
| January 11, 2024 | Energy | Alternative | People | Appointments
The Low Carbon Fuels Coalition (LCFC), a leader in advocating for an all-of-the-above approach to decarbonize the transportation sector, has appointed Robin Vercruse as its new Executive Director, effective January 1, 2024.
Asian LNG spot prices decline amidst European chill - Rystad Energy’s Gas and LNG Market Update
| January 11, 2024 | Energy
The latest developments in the global gas and LNG market indicate a drop in Asian spot LNG prices for February 2024 delivery.
Jumbo Offshore awarded mooring pre-installation contract by MODEC for the FPSO Errea Wittu
| January 11, 2024 | Energy | Project / Heavy Lift | Maritime Project
Jumbo Offshore Installation Contractors B.V. (“Jumbo Offshore”) has been awarded a contract by MODEC Guyana Inc. (“MODEC”) for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located offshore Guyana.
Stardust Power selects Muskogee, Oklahoma, to build battery-grade lithium refinery and secures economic incentives package for the facility build
| January 11, 2024 | Energy | Alternative
Stardust Power is eligible to receive up to $257 million in state and federal incentives for the build out of lithium refinery, supporting local job creation and keeping Oklahoma at forefront of America’s energy independence
Azeri leader defends oil exporter hosting global climate talks
| January 11, 2024 | Energy
Deltamarin to design new wind-assisted RoRo vessels for LDA
| January 10, 2024 | Energy | Alternative | Green Shipping | Maritime | Breakbulk News
Deltamarin has announced its collaboration with Louis Dreyfus Armateurs (LDA) and Wuchang Shipbuilding Industry Group Co Ltd. (WSIG) in designing three modern and eco-friendly roll-on / roll-off vessels for Airbus aircraft subassembly transportation.
Surge in freight reverberates through the global oil market
| January 10, 2024 | Energy | Maritime | Bulk
A surge in freight rates is prompting crude buyers in Asia to shift more purchases to Middle Eastern oil, aiding spot market prices.
Biden mulls tougher climate test for new LNG export projects
| January 10, 2024 | Energy
The Biden administration is reevaluating the climate criteria it uses to approve new liquefied natural gas export facilities, threatening to stall pending projects as the 2024 election nears.
MOL forms capital alliance with Hokutaku, Japan’s largest wind turbine maintenance company
| January 10, 2024 | Energy | Alternative
Zeroing out methane: Top upstream emitters provide path to 100 million tons in reductions
| January 10, 2024 | Energy
Global methane emissions could be cut by tens of millions of tonnes within a single year – if oil and gas producers target the world’s top methane-emitting oil and gas fields.
Philippines, Indonesia move to deepen energy, security ties
| January 10, 2024 | Energy
EIA expects relatively flat crude oil prices in 2024 and 2025
| January 10, 2024 | Energy
We forecast average annual crude oil prices in 2024 and 2025 will remain near their 2023 average because we expect that global supply and demand for petroleum liquids will be relatively balanced over the next two years.
Russia’s oil drilling boom proves Moscow’s resilience to Western sanctions
| January 10, 2024 | Energy | International Trade
Russia was on pace for a second year of record oil drilling in 2023, further evidence of the nation’s resilience to Western sanctions.
LNG export projects at risk as Biden mulls climate impacts
| January 09, 2024 | Energy
The Biden administration is reevaluating the climate criteria it uses when approving new liquefied natural gas export facilities in a move that has the potential to stall pending projects as the 2024 election nears.
U.S. battery storage capacity expected to nearly double in 2024
| January 09, 2024 | Energy | Alternative
U.S. battery storage capacity has been growing since 2021 and could increase by 89% by the end of 2024 if developers bring all of the energy storage systems they have planned on line by their intended commercial operation dates.
Chevron appoints experienced industry leader to spearhead its marine business growth
| January 09, 2024 | Energy | People | Appointments
Chevron has announced the appointment of Ayten Yavuz as the new General Manager of its Global Marine Products business.
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