Energy

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

India hits back at Trump’s threat over Russian oil purchases

Reuters | August 05, 2025 | Energy | International Trade

India's ruling party and main opposition condemned on Tuesday a threat by U.S. President Donald Trump to raise tariffs on goods from India over its Russian oil purchases, in a show of political unity as a trade rift deepens with Washington.

The Mein Schiff Relax leads the first bioLNG supply to a cruise ship at the Port of Barcelona

The Mein Schiff Relax, the first InTUItion class vessel of Hamburg-based TUI Cruises, has led the first bioLNG supply to a ship from a barge at the Port of Barcelona.

BP makes its largest oil and gas discovery in 25 years offshore Brazil

Reuters | August 04, 2025 | Energy

BP has made its largest oil and gas discovery in 25 years offshore Brazil, it said on Monday, in a potential big boost for the British company following its strategic shift away from renewable energy to refocus on fossil fuels.

Natural gas remains the largest source of hydrogen in our long-term projections

AJOT Newsroom | August 04, 2025 | Energy | Alternative

In our recently published Annual Energy Outlook 2025 (AEO2025), we introduced our new Hydrogen Market Module (HMM), which allows us to model the market for hydrogen in the coming decades.

Stream Marine Technical strengthens alternative fuels offering with enhanced simulator suite

AJOT Newsroom | August 04, 2025 | Energy | Alternative

Stream Marine Technical has announced a major enhancement to its simulation-based training capabilities with the addition of a new Kongsberg K-Sim Engine simulator, marking a significant investment in the future of alternative fuel training for the maritime sector.

China’s independent oil firms elbow into Iraq’s majors-dominated market

Reuters | August 04, 2025 | Energy

Energy

AJOT Newsroom | August 04, 2025

Precision planning and engineering optimize Holland Hydrogen 1 build

As Europe’s first large-scale green hydrogen plant, Shell’s Holland Hydrogen 1 is a landmark renewable energy project.

Venezuela’s oil exports fell in July as partners awaited US authorizations

Reuters | August 04, 2025 | Energy

Venezuela's oil exports declined about 10% in July from the previous month as key partners of state company PDVSA awaited U.S. authorizations to expand operations in the country, according to vessel tracking data and company documents.

Sixth Street takes 38% of Italian renewable energy firm Sorgenia in $4.6 billion deal

Reuters | August 04, 2025 | Energy | Alternative

U.S. investment firm Sixth Street said on Monday it had agreed to buy 38% of Sorgenia, in a deal that values the Italian renewable energy company at 4 billion euros ($4.6 billion).

Supramax & Panamax coal cargo flow trends from Indonesia

In 2025, Indonesia’s role as a key supplier of Supramax and Panamax coal cargoes is under pressure due to shifting energy trends in Asia.

Shell completes sale of interest in Colonial Enterprises Inc. to Brookfield subsidiary

AJOT Newsroom | August 01, 2025 | Energy | Conventional

Shell Midstream Operating LLC (SMUS), a subsidiary of Shell plc (“Shell”), has completed the previously announced sale.

Global power grid expansion fuels fresh copper demand surge

Reuters | July 31, 2025 | Energy | International Trade | Commodity

Copper demand is rising faster than the industry anticipated, driven by billions of dollars being invested worldwide to modernise and expand power grids for the digital and clean energy revolutions that need vast amounts of electricity.

US-EU trade deal sets $750 billion energy target, experts doubt number can be reached—Rystad Energy gas and LNG

AJOT Newsroom | July 31, 2025 | Energy

US-EU deal caps tariffs at 15%; EU’s $750 billion energy target over three years is suggested to be unrealistic.

Exxon, Chevron profits to drop to lowest point since pandemic, analysts say

Reuters | July 31, 2025 | Energy

Top U.S. oil producers Exxon Mobil and Chevron are expected to report their lowest earnings in four years when they release second-quarter results on Friday, as weaker oil and gas prices slashed revenue.

Shell profit drops by almost a third on lower prices, but beats expectations

Reuters | July 31, 2025 | Energy

Shell's second-quarter net profit tumbled by almost a third on Thursday, dragged down by a drop in oil prices, lower gas trading results and outage-related losses from its chemicals operations, but it still easily beat analysts' forecasts.

MOL, Mitsui & CO. jointly acquire terminal/port businesses serving U.K. offshore energy industry

We expect rapid electricity demand growth in Texas and the mid-Atlantic

AJOT Newsroom | July 31, 2025 | Energy

In our most recent Short-Term Energy Outlook (STEO), we forecast nationwide U.S. retail electricity sales to ultimate customers will grow at an annual rate of 2.2% in both 2025 and 2026, compared with average growth of 0.8% between 2020 and 2024.

Nexans and Crowley Wind Services partner

Nexans announced an innovative partnership with Crowley Wind Services to develop and operate a Jones Act compliant cable lay barge.

Sempra, Japan’s JERA enter into 20-year LNG supply deal

Reuters | July 31, 2025 | Energy

Sempra Infrastructure, a unit of U.S. energy company Sempra, will supply 1.5 million tonnes of liquefied natural gas (LNG) per year to Japan's biggest power generator JERA in a 20-year deal, it said on Thursday.

Indian state refiners pause Russian oil purchases, sources say

Reuters | July 31, 2025 | Energy

Energy

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