Energy

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

SMT continues to lead the way in training on the fuel transition in maritime

Stream Marine Technical (SMT) has underlined its commitment to furthering the safe use of ammonia as a marine fuel.

Pope Leo interrupts vacation to appeal for action on climate change

Reuters | July 09, 2025 | Energy | Alternative

EIA revises crude oil price forecast amid uncertainty and volatility but still expects prices will decrease

AJOT Newsroom | July 08, 2025 | Energy

The U.S. Energy Information Administration (EIA) expects the Brent crude oil price to average less than $70 per barrel in 2025 and about $58 per barrel in 2026. In its July Short-Term Energy Outlook(STEO), EIA revised its 2025 oil price forecast slightly upward this month in response to unrest in the Middle East creating uncertainty in the oil market.

Avia Solutions Group partners with DHL Express to accelerate SAF use

Avia Solutions Group has partnered with DHL Express to reduce greenhouse gas emissions from its international shipments.

Energy

Reuters | July 08, 2025

Trump executive order seeks end to wind and solar energy subsidies

President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and wind energy projects.

OPEC’s latest announcement met with indifference; markets attentive to US tariffs - Rystad Energy’s Oil Market Update

AJOT Newsroom | July 08, 2025 | Energy

After initially trading in the $65-67 range, Brent futures have rebounded to near the $70 per barrel mark, shrugging off OPEC+’s weekend output hike announcement, which caused only minor market corrections.

RINA secures major World Bank project to advance green hydrogen at the Port of Pecém, Brazil

AJOT Newsroom | July 08, 2025 | Energy | Alternative

U.S. airlines’ May 2025 aviation fuel consumption up 4.0%

The Department of Transportation’s Bureau of Transportation Statistics (BTS) released U.S. airlines’ May 2025 fuel cost and consumption numbers for May 2025.

IACS progress on safe decarbonization and safe digital transformation highlighted at Council meeting in Beijing

The IACS Council met in Beijing last week (C91) to assess and advance the Association’s progress on the safe decarbonization and digital transitions.

Anemoi unveils state-of-the-art rotor sail production facility

Anemoi Marine Technologies has announced the official opening of its new rotor sail production facility in China.

Lack of new US power capacity could double blackouts by 2030, says Energy Department

Reuters | July 08, 2025 | Energy

U.S. power outages could double in five years if suppliers fail to add capacity during peak demand, the Department of Energy said on Monday.

US allows offloading of some liquefied petroleum gas shipments, Treasury says

Reuters | July 07, 2025 | Energy

The Trump administration moved to allow the offloading of liquefied petroleum gas involving Petroleos de Venezuela SA until September 5, provided that the gas was loaded on a vessel on or before July 7, according to a notice posted to the U.S. Treasury Department website on Monday.

Energy

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