Energy

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

Kenworth launches the T880E: The industry’s first vocational Class 8 battery-electric truck

New T880E extends Kenworth’s vocational leadership, providing a truck and powertrain for every job

Battery industry says $100 billion in US investment contingent on Washington support

Reuters | April 29, 2025 | Energy | Alternative

Trump administration allows temporary sales of summertime higher-ethanol fuel

Reuters | April 29, 2025 | Energy

The Trump administration on Monday issued an emergency waiver to allow the sale of a higher-ethanol gasoline blend to be sold this summer nationwide, saying it will add to fuel supply during the peak U.S. driving season and bring down costs.

Nigeria eyes new options to maximize gas resources amid Africa’s LNG surge / Rystad Energy

AJOT Newsroom | April 29, 2025 | Energy

Africa is set to play a pivotal role in the global gas industry in the coming years as the world’s liquefied natural gas (LNG) production capacity soars from 486 million tonnes per annum (Mtpa) last year to 755 Mtpa in 2030, according to Rystad Energy’s latest projections.

Iberian power outage reveals power mix vulnerability - Rystad Energy’s renewables & power Market Update

AJOT Newsroom | April 29, 2025 | Energy | Alternative

The scale and speed of the power outage that brought much of Spain and Portugal to a standstill yesterday have raised significant concerns both regionally and internationally.

Teesport Offshore Gateway - a multi-million pound investment in the River Tees to create one of the UK’s largest offshore wind hubs

AJOT Newsroom | April 29, 2025 | Energy | Alternative | Ports & Terminals

PD Ports announces its ambition to develop one of the UK’s largest offshore wind manufacturing and installation hubs – the Teesport Offshore Gateway.

Renewable hydrogen producer Hy2gen secures EUR 47 million from existing shareholders to accelerate its pipeline of Power-to-X projects

AJOT Newsroom | April 29, 2025 | Energy | Alternative | Green Shipping

China waives tariffs on US ethane imports, sources say

Reuters | April 29, 2025 | Energy

Malaysia’s Petronas and Commonwealth LNG in talks for term supply, say sources

Reuters | April 29, 2025 | Energy

Tankers queue near old Venezuela oil port ahead of US license expiry, data shows

Reuters | April 28, 2025 | Energy | Maritime | Bulk

Tankers are lining up near an old oil port at Venezuela's Western region to load crude cargoes and depart from the South American country before a May 27 deadline set by the U.S. to wind down operations and exports, according to documents and data.

National Grid files three-year rate plan for upstate New York

Reuters | April 28, 2025 | Energy

US sanctions shipping companies, vessels for delivery oil and gas to Houthis

Reuters | April 28, 2025 | Energy | Maritime | Bulk

The United States imposed sanctions on Monday on three vessels and their owners for delivering oil and gas products to Yemen's Houthis, as Washington continues to put pressure on the Iran-backed rebels over their attacks on Red Sea shipping.

Major automakers want Congress to bar California 2035 electric vehicle plan

Reuters | April 28, 2025 | Energy | Alternative | Green Shipping

Major automakers want Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months.

US plans Alaska LNG summit, will urge Japan, South Korea to support project

Reuters | April 25, 2025 | Energy

Phillips 66 posts bigger-than-expected quarterly loss on lower margins

Reuters | April 25, 2025 | Energy

Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid widespread maintenance and turnaround activities across the U.S. refining sector.

India plans incentives for steelmakers to drive decarbonisation, secretary says

India is chalking up a host of incentives to spur production of green steel and drive local steelmakers' decarbonisation efforts, the federal steel secretary said on Friday, as the country aims to reduce its greenhouse gas emissions.

Energy

AJOT Newsroom | April 25, 2025

Odfjell achieves near carbon-neutral transatlantic voyage with sails & biofuel

Real-time data from the voyage confirms that this dual propulsion approach is not only technically feasible but also impactful: The vessel’s GHG emissions on the current voyage meet the 2050 Fuel EU Maritime GHG intensity targets and IMO’s GFI Direct Compliance targets at least until 2044.

Energy

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