Energy

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

Today in energy: Northwest U.S. natural gas prices remain historically low in 2025

AJOT Newsroom | September 11, 2025 | Energy

Monthly average natural gas spot prices in the northwestern United States reached historic lows in 2025, as ample supply from Canada coincided with subdued regional demand for natural gas-fired electricity.

US eyes stronger energy ties with Greece, says interior secretary

Reuters | September 11, 2025 | Energy | International Trade

The United States wants to expand its energy ties with Greece, U.S. Interior Secretary Doug Burgum said during a visit to Athens on Thursday, as the Trump administration works to

Mixed outlook for offshore energy insurance, says IUMI

AJOT Newsroom | September 10, 2025 | Energy

At its annual conference in Singapore, the International Union of Marine Insurance (IUMI) reported a shift in the global offshore energy insurance landscape. Premiums for the sector declined in 2024, totalling USD4.34 billion, representing a 7.9% decrease compared with the previous year.

KR and HD Hyundai Samho launch joint development of ammonia fuel piping safety system

AJOT Newsroom | September 10, 2025 | Energy | Alternative

KR (Korean Register) signed a Memorandum of Understanding (MoU) with HD Hyundai Samho on September 9 at Gastech 2025 in Milan, the world’s largest gas and energy exhibition.

Chevron bids in tender for gas exploration offshore Greece - source

Reuters | September 10, 2025 | Energy | Conventional

ATHENS (Reuters) -U.S. oil major Chevron has submitted a bid to explore for natural gas in four blocks offshore Greece in a consortium with Greece's Hellenic Energy, Greece's Energy Minister Stavros

Growing natural gas deficit leads Egypt to ramp up natural gas imports

AJOT Newsroom | September 09, 2025 | Energy

In August 2025, Egyptian firm Blue Ocean Energy struck a $35 billion deal with partners in the Chevron-operated Leviathan field offshore of Israel to import more natural gas from Israel, the latest move by Egypt to meet natural gas demand that is outpacing domestic production.

US Energy Information Administration: Week of September 8, 2025 gasoline and diesel prices

AJOT Newsroom | September 09, 2025 | Energy

Week of September 8, 2025 gasoline and diesel prices

KR grants Approval in Principle (AIP) for SHI’s “SnapWind Float”

AJOT Newsroom | September 09, 2025 | Energy | Alternative

KR (Korean Register) has awarded an Approval in Principle (AIP) for Samsung Heavy Industries’ (SHI) newly developed “SnapWind Float”, a next generation floating offshore wind substructure capable of supporting 15MW turbines.

Methanol procurement ‘very challenging’ for smaller ship owners, warns Stream Marine Technical

AJOT Newsroom | September 09, 2025 | Energy | Alternative

While methanol has been traded as a chemical for more than a century, and transported safely by ship for decades, its use as a marine fuel presents a very different challenge.

Virgin Islands Water and Power Authority reissues request for proposals for long-term propane supply

AJOT Newsroom | September 09, 2025 | Energy | Conventional

The Virgin Islands Water and Power Authority (WAPA) announced the release of a request for proposals seeking qualified suppliers to provide long-term propane supply for the territory's power generation needs.

CMT warns rising VLSFO quality issues calls for stronger monitoring

AJOT Newsroom | September 08, 2025 | Energy

Condition monitoring specialist CM Technologies (CMT) has warned that the recent spike in fuel quality problems at major bunkering hubs is creating fresh operational risks for shipowners and underlines the need for more rigorous real-time monitoring on board.

OPEC+ decisively turns the tap while geopolitical risk increases

AJOT Newsroom | September 08, 2025 | Energy | Conventional

OPEC+ wrong-footed markets over the weekend by confirming the start of the second tranche unwind of its voluntary production cuts – a 137,000 barrel-per-day (bpd) increase in October.

Italy, US agree to boost LNG ties and infrastructure investment

Reuters | September 08, 2025 | Energy

Italy and the United States on Monday vowed to deepen energy ties including through increased exports to Italy of liquefied natural gas (LNG), as Europe continues to seek alternatives

White House review of biofuel waiver plan pits farmers against refiners

Reuters | September 05, 2025 | Energy

The White House is reviewing a high-stakes rule that could reshape the balance of interests between oil refiners and farmers by determining how - or even whether - to redistribute huge volumes of biofuel blending obligations that were recently exempted under the Renewable Fuel Standard.

Halliburton reduces workforce as oil activity slumps, sources say

Reuters | September 05, 2025 | Energy

U.S. oilfield services provider Halliburton has been cutting staff in recent weeks, according to two sources familiar with the matter, marking the latest workforce reduction in the U.S. oil industry as it faces rising costs and a period of lower prices and volatility.

Orsted wins approval for emergency rights issue as Trump threatens US projects

Reuters | September 05, 2025 | Energy | Alternative

Offshore wind developer Orsted won shareholder approval on Friday for a $9.4 billion emergency rights issue to help fund U.S. projects thrown into uncertainty by President Donald Trump's opposition to the renewable energy source.

India will continue to buy Russian oil despite US tariffs, finance minister says

Reuters | September 05, 2025 | Energy | International Trade | Commodity

India will continue to buy Russian oil as it proves economical, its finance minister said on Friday, despite the Trump administration's decision to impose heavy import tariffs on Indian goods due, in part, to its energy purchases from Moscow.

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AJOT Newsroom | September 05, 2025

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