Energy

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

ZIM and Shell complete the first LNG bunkering under 10-year LNG supply agreement

Energy

AJOT | Top Story | March 29, 2023

ZIM and Shell complete the first LNG bunkering under 10-year LNG supply agreement

ZIM Integrated Shipping Services Ltd. and Shell International Petroleum Company Limited (Shell), have announced the successful bunkering of the ZIM SAMMY OFER container vessel with liquefied natural gas (LNG). This vessel was bunkered at Kingston Freeport Terminal Limited (KFTL) on March 26, 2023.

https://www.ajot.com/images/uploads/article/Rystad_chart_33_1.jpg

EU sets ambitious new targets for battery production with its Critical Raw Materials Act

AJOT | March 29, 2023 | Energy | Alternative | Green Shipping

Rystad Energy’s weekly battery materials note:

https://www.ajot.com/images/uploads/article/Fuel_Network_Image_low.png

Trucker Path launches fuel discount program

AJOT | March 29, 2023 | Energy | Trucking

The Trucker Path Fuel Network provides a convenient way to purchase fuel that brings substantial savings to drivers and increased sales to truck stops

China’s weak air travel bodes ill for $100 oil bets, Macquarie says

US and EU near critical minerals accord to unlock US subsidies

Energy

Bloomberg | Top Story | March 29, 2023

US and EU near critical minerals accord to unlock US subsidies

The European Union and the US are nearing an agreement on critical minerals that would provide EU companies access to some of the massive green subsidies offered in President Joe Biden’s Inflation Reduction Act.

https://www.ajot.com/images/uploads/article/EIA_chart_31_1.jpg

U.S. natural gas production grew by 4% in 2022

AJOT | March 29, 2023 | Energy

U.S. natural gas production grew by 4% (4.9 billion cubic feet per day [Bcf/d]) in 2022, averaging 119 Bcf/d. Three regions—Appalachia, Permian, and Haynesville—accounted for 60% of all U.S. production in 2022, similar to the proportion in 2021.

UK carbon import tax would protect British industry, Sunak says

Bloomberg | March 29, 2023 | Energy | Alternative | Green Shipping

U.S. Department of Energy releases strategy to accelerate and expand domestic offshore wind deployment

AJOT | March 29, 2023 | Energy | Alternative | Green Shipping

The U.S. Department of Energy (DOE) today announced the release of its Offshore Wind Energy Strategy, a first of its kind, comprehensive summary of the Department’s efforts to meet President Biden’s goal to deploy 30 gigawatts (GW) of offshore wind energy by 2030 and set the nation on a pathway to 110 GW or more by 2050.

https://www.ajot.com/images/uploads/article/propane.jpg

Grant dollars now available for propane refueling, recharging infrastructure

AJOT | March 29, 2023 | Energy | Alternative | Trucking

Agencies can apply for propane autogas refueling or propane-powered recharging solutions before May 30

OGCI Climate Investments expands backing of Norsepower, leading provider of mechanical sails for large ships

https://www.ajot.com/images/uploads/article/Suzanne_Ogle.jpg

10 reasons the energy mix matters now more than ever

AJOT | March 28, 2023 | Energy

As the need to reduce greenhouse gas emissions gains momentum, the undercurrent of seismic cultural shifts is creating a challenging business landscape for energy companies to flourish. Indeed, varied energy-specific concerns continue to dominate the news cycle—both intra-industry related to technology modernization, scalability, adaptability, generational recruitment and more as well as environmental, societal, and cultural issues of consumer resonance.

First Solar and Reliance among winners of India’s green aid

https://www.ajot.com/images/uploads/article/DNV_platform.png

DNV upgrades AFI platform to promote data-sharing and accelerate transition to zero-carbon shipping

AJOT | March 28, 2023 | Energy | Alternative | Green Shipping

DNV has enhanced its Alternative Fuels Insight (AFI) data platform as part of an effort to accelerate the decarbonization of shipping. The upgrade includes the addition of new fuel types, improved fuel price monitoring supported by Argus, and a crowdsourcing feature to gain input from its users.