Energy

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


Renewable energy: A hot topic this election year

AJOT | February 29, 2024 | Energy | Alternative

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The United States remained the largest liquefied natural gas supplier to Europe in 2023

AJOT | February 29, 2024 | Energy

The United States was again the largest supplier of liquefied natural gas (LNG) to Europe (EU-27 and the UK) in 2023, accounting for nearly half of total LNG imports, according to data from CEDIGAZ.

New York delivers on offshore wind with shovel-ready Empire Wind 1 
Energy
AJOT | Top Story | February 29, 2024

New York delivers on offshore wind with shovel-ready Empire Wind 1 

Equinor’s Empire Wind 1 has been selected in New York’s fourth offshore wind solicitation (NY4), a major step toward developing a project that can provide renewable power to more than half a million New York homes. 
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VHB launches future-focused energy evolution practice

AJOT | February 29, 2024 | Energy | Alternative | Green Shipping

In response to the rapidly evolving energy landscape, VHB has launched its Energy Evolution Practice, which will provide comprehensive energy consultancy services across all the markets VHB serves. By developing and implementing strategies that integrate renewable energy, enhance resilience, and...

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Henry Hub daily natural gas spot price fell to record lows in February

AJOT | February 28, 2024 | Energy

The U.S. benchmark Henry Hub daily natural gas price averaged $1.50 per million British thermal units (MMBtu) on February 20, 2024, the lowest price in inflation-adjusted dollars since at least 1997, according to data from Refinitiv Eikon.

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Upstream majors dive into deeper waters as exploration budgets stay flat in 2024

AJOT | February 28, 2024 | Energy

Oil and gas upstream majors — ExxonMobil, Shell, Chevron, BP, TotalEnergies and Eni — will continue to exercise caution in exploration spending this year, with drilling activity poised for a busy year ahead. According to Rystad Energy’s research, these major producers will have spent on average a combined $7 billion each year between 2020 and 2024, a sizeable drop from the previous four-year period during which average total spending was $10 billion.

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Oil heavyweights take aim at Biden’s LNG permitting freeze

Bloomberg | February 27, 2024 | Energy

Top oil industry lobbying groups set the stage for a potential lawsuit challenging the Biden administration’s pause in approving new liquefied natural gas exports.

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US queries solar importer supply chains amid crackdown on China

Bloomberg | February 27, 2024 | Energy | Alternative | International Trade

The Department of Homeland Security is expanding its scrutiny of solar companies in the US, asking for information about their supply chains, an indication the Biden administration is poised to toughen enforcement of a ban on products linked to Chinese forced labor.

Panasonic Energy forges partnership with Wagner Logistics

AJOT | February 27, 2024 | Energy | Alternative | Logistics

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Nuvera Fuel Cells joins EU-funded maritime decarbonization initiative

AJOT | February 27, 2024 | Energy | Alternative | Green Shipping | Maritime | Technology

Nuvera Fuel Cells, LLC, a leading provider of fuel cell power solutions, announces its participation in the APOLO project.

Russian oil tankers behave strangely after latest US sanctions

Bloomberg | February 27, 2024 | Energy | Maritime | Bulk

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