Energy

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

US targets Chinese vessels, forcing fleet reshuffle - Rystad Energy’s Gas and LNG Market Update

AJOT Newsroom | April 24, 2025 | Energy

Liquefaction outages in Asia and Europe were not enough to raise gas and liquefied natural gas (LNG) prices significantly.

Ulsan Port Authority leads efforts on marine biofuel adoption as IMO regulations tighten

In a major push toward decarbonizing maritime logistics, President Jae-young Byeon of the Ulsan Port Authority (UPA) and Chief Executive Sun-bae Hong of the Korea Maritime Cooperation Center (KMC) jointly announced the successful conclusion of the “2nd Forum on the Commercialization of Biofuels for Maritime Vessels,” held on 23 April at the Caradium Hall of the PJ Hotel in Seoul.

Heil Trailer awarded U.S. Army contract for tactical fuel distribution system

AJOT Newsroom | April 24, 2025 | Energy | Trucking

Kremlin says Russia is not holding gas supply talks with Europe or the US

Reuters | April 24, 2025 | Energy

The Kremlin said on Thursday that Russia is not holding talks with Europe or the United States about Russian gas supplies via Ukraine.

CenterPoint to spend more to meet AI power demand despite fall in quarterly profit

Reuters | April 24, 2025 | Energy

CenterPoint Energy reported a fall in first-quarter profit on Thursday, but the U.S. utility raised its capital expenditure plan to meet expected demand from data centers used for artificial intelligence technologies.

South Dakota regulators deny Summit Carbon Solutions a carbon dioxide pipeline permit

Reuters | April 23, 2025 | Energy

Regulators in South Dakota on Tuesday denied Summit Carbon Solutions' permit application to run about 700 miles (1126 km) of its carbon dioxide pipeline through the state, the second time the state has spurned the company hoping to build the world's largest carbon pipeline aiming to combat climate change.

US Supreme Court poised to revive challenge to California emissions standards

Reuters | April 23, 2025 | Energy | Alternative | Green Shipping

U.S. Supreme Court justices appeared sympathetic on Wednesday to a bid by fuel producers to challenge California's standards for vehicle emissions and electric cars under a federal air pollution law in a case involving the Democratic-governed state's power to fight greenhouse gases.

Baker Hughes forecasts drop in producer spending as tariffs pinch demand

Reuters | April 23, 2025 | Energy

U.S. oilfield service provider Baker Hughes on Wednesday forecast steeper drops in spending by global oil producers as tariffs dent demand expectations and push down prices for crude.

OPEC+ to consider another accelerated oil output increase for June

Reuters | April 23, 2025 | Energy

Saudi Arabia slashes crude burn, taps gas for power generation by 2030

AJOT Newsroom | April 23, 2025 | Energy

Crude burn—the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation—has long been a staple in Saudi Arabia’s energy mix.

Distillate and jet fuel contribute to record U.S. petroleum product exports in 2024

AJOT Newsroom | April 23, 2025 | Energy

In 2024, U.S. exports of total petroleum products increased to a record 6.6 million barrels per day (b/d) annual average.

China, Russia may build nuclear plant on moon to power lunar station, official says

Reuters | April 23, 2025 | Energy | Alternative

China is considering building a nuclear plant on the moon to power the International Lunar Research Station (ILRS) it is planning with Russia, a presentation by a senior official showed on Wednesday.

White House says not taking aim at green group tax status

Reuters | April 23, 2025 | Energy | Alternative | Green Shipping

US House to vote on Republican bid to repeal California EV rules

Reuters | April 23, 2025 | Energy | Alternative | Green Shipping

The U.S. House of Representatives plans to vote next week on a Republican plan to repeal the Biden administration's approval of California's landmark plan to end the sale of gasoline-only vehicles by 2035.

GE Vernova’s quarterly revenue beats on strength in power, electrification units

Reuters | April 23, 2025 | Energy | Alternative

GE Vernova reported first-quarter revenue on Wednesday that beat Wall Street estimates on the back of strong performance at its power and electrification units, sending its shares up more than 8% in premarket trading.

NextEra beats profit estimates on rate hikes, robust power demand

Reuters | April 23, 2025 | Energy | Alternative

NextEra Energy beat Wall Street estimates for first-quarter profit on Wednesday, boosted by rate hikes at its electric utility and increased power demand.

Decline in oil and oil products depresses throughput in the port of Rotterdam in first quarter of 2025

AJOT Newsroom | April 22, 2025 | Energy | Ports & Terminals

Total throughput in the port of Rotterdam fell by 5.8% in the first quarter of 2025 compared to the same period last year.

EPA begins layoffs of environmental justice staff

Reuters | April 22, 2025 | Energy

Environmental lawyers get ready to pounce on Trump’s energy deregulation moves

Reuters | April 22, 2025 | Energy | Green Shipping

Chevron announces first oil at Ballymore project in US Gulf

Reuters | April 21, 2025 | Energy

Chevron has started oil and gas production from a project in the U.S. Gulf of Mexico, the oil major said on Monday, bringing the company a step closer toward its goal of growing production from the ocean basin by 50% this year.

Energy

Trending News

From Our Sponsors

Upcoming Events

Latest Print Edition: