Energy

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

Four injured after fire at Chevron Pascagoula, Mississippi refinery

Reuters | July 15, 2025 | Energy | Ports & Terminals | Terminals

US opens national security probes into imported drones, polysilicon

The U.S. Commerce Department said on Monday it has opened national security investigations into the import of drones and related components as well as polysilicon, a key component in solar panels and semiconductors.

Blackstone to invest $25 billion in Pennsylvania data centers and natural gas plants, COO says

Reuters | July 15, 2025 | Energy

Blackstone plans to invest $25 billion in developing data centers and power plants in Pennsylvania, President and Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh on Tuesday.

Watchdog demands EU explain speed of proposals to cut green rules

Reuters | July 15, 2025 | Energy | Alternative | Green Shipping

The EU's Ombudsman on Tuesday demanded the European Commission explain why it fast-tracked proposals to curb sustainability laws, in response to a complaint by campaigners accusing Brussels of weakening the rules without consulting the public.

KBR joint venture selected by BP for two energy security projects in Azerbaijan

AJOT Newsroom | July 15, 2025 | Energy

CORE POWER hosts the world’s largest international summit on maritime nuclear

On 10 July, CORE POWER hosted a landmark New Nuclear for Maritime European Summit at the iconic IET in London, attended by over 300 senior leaders from government, shipping, energy, banking, and insurance.

Trump to unveil $70 billion in AI and energy investments

Reuters | July 15, 2025 | Energy

President Donald Trump will announce $70 billion in artificial-intelligence and energy investments on Tuesday, according to a White House official and a person familiar with the initiatives.

China tells EU new climate target coming in autumn

Reuters | July 15, 2025 | Energy

Middle East to overtake Asia in gas output in 2025, become second-largest region globally

AJOT Newsroom | July 14, 2025 | Energy

The Middle East is on track to surpass Asia to become the world’s second-largest gas producer in 2025, ranking only behind North America, according to Rystad Energy research and analysis.

G20’s financial watchdog lays out climate plan but presses pause amid divisions

Reuters | July 14, 2025 | Energy | Alternative

EU’s Ribera calls for strong climate commitment in talks with China

Reuters | July 14, 2025 | Energy | Alternative

Google-backed coalition to help scale ocean, rock carbon removals

Reuters | July 14, 2025 | Energy | Alternative

A coalition backed by Google, Stripe and Shopify will spend $1.7 million to buy carbon removal credits from three early stage firms on behalf of the tech giants to help scale up the nascent markets, an executive told Reuters.

EU wants to see China taking more ambitious climate action

Reuters | July 13, 2025 | Energy

Today in energy: U.S. hydrocarbon production supported by export growth in long-term projections

AJOT Newsroom | July 11, 2025 | Energy

In our Annual Energy Outlook 2025 (AEO2025), we project U.S. production growth of crude oil and natural gas will remain relatively high through 2030 due to increasing U.S. exports of petroleum products and liquefied natural gas (LNG), as U.S. energy exports continue to be economical for international consumers.

Signal Ocean: Chart of the Week - Brazilian crude oil shipments

AJOT Newsroom | July 11, 2025 | Energy

Record increase throughout this year, with a 60% rise in China by the end of June compared to June 2024 barrel volumes.

Trump calls wind, solar bad for power grid. Texas shows otherwise

Reuters | July 10, 2025 | Energy | Alternative

President Donald Trump claims that rapid adoption of solar and wind power has made U.S. electricity unstable and expensive, justifying his bid to end most subsidies for renewable energy.

Regional heatwaves likely to prompt some spot purchases - Rystad Energy’s Gas and LNG Market Update

AJOT Newsroom | July 10, 2025 | Energy

Major importing regions compete to attract LNG from other basins.

Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say

Reuters | July 09, 2025 | Energy

Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company's proposed facility in Cameron, Louisiana, as it seeks to strengthen its position in the market for the superchilled fuel, four people told Reuters on Wednesday.