Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Russia’s oil is finally getting snarled by sanctions
| March 23, 2024 | Energy
The Russian oil-export machine funding the Kremlin’s war in Ukraine is finally getting some grit in its gears.
EU to keep tabs on Norway deep sea mining efforts
| March 21, 2024 | Energy | International Trade
The European Union will monitor Norway’s progress in exploring the deep sea bed for potential mining of critical raw materials as the bloc seeks to reduce its dependence on China.
China’s imports of Russian coal slump as import taxes bite
| March 21, 2024 | Energy | International Trade | Commodity
Petrobras lifts LNG imports to offset major pipeline maintenance
| March 21, 2024 | Energy
Natural gas intrastate pipeline capacity additions outpaced interstate additions in 2023
| March 20, 2024 | Energy
In 2023, 5.2 billion cubic feet per day (Bcf/d) of natural gas intrastate pipeline capacity was added in the United States, according to our recently updated Natural Gas Pipeline Projects Tracker.
India prepares to start new LNG import plant as demand rises
| March 20, 2024 | Energy
Germany plans more support for $11 billion Namibia hydrogen plan
| March 20, 2024 | Energy | Alternative
Germany aims to designate an ambitious green hydrogen project in Namibia as strategically significant, paving the way for additional financial support and bringing a plan that could transform the economy of the African nation closer to reality.
Kuwait’s mega refinery runs more heavy to boost export cash
| March 20, 2024 | Energy
Russia’s crude flows fall back as major ports hit by disruptions
| March 20, 2024 | Energy | Ports & Terminals
India buying more US oil as sanctions stifle Russian flows
| March 19, 2024 | Energy
Indian oil refiners are on track to take the most American crude in almost a year after tighter enforcement of US sanctions crimped trade with Russia and forced processors to look elsewhere for supply.
MOL, Idemitsu, HIF team up to develop e-fuel/e-methanol supply chain, including marine transport of CO2
| March 19, 2024 | Energy | Alternative | Green Shipping | Maritime | Bulk
Vestdavit sales hit all-time high in 2023 as offshore energy boosts davit demand
| March 19, 2024 | Energy | Alternative
• Orders increase 76% year on year • Offshore wind accounts for 30% of sales • Biggest-ever order secured with Nato naval client
M&A activity in 2023 furthers consolidation of U.S. crude oil and natural gas firms
| March 19, 2024 | Energy
In 2023, crude oil and natural gas exploration and production (E&P) companies increased spending on mergers and acquisitions (M&A) to $234 billion, the most in real 2023 dollars since 2012.
SGH2 Energy welcomes hydrogen visionary Cappello to advisory board
| March 19, 2024 | Energy | Alternative
Sulmara selected for site characterisation work at Scottish floating offshore windfarm
| March 19, 2024 | Energy | Alternative
International subsea specialist Sulmara is continuing its exciting start to 2024 with the announcement it has been awarded a contract to work on one of the world’s largest proposed floating offshore developments.
New report pegs cost of electrifying U.S. commercial truck fleet at $1 trillion
| March 19, 2024 | Energy | Alternative | Green Shipping | Trucking
Full electrification of the U.S. commercial truck fleet would require nearly $1 trillion in infrastructure investment alone, according to a new report from Roland Berger released today by the Clean Freight Coalition.
Gunvor says drones shut Down 600,000 barrels of Russia refining
| March 19, 2024 | Energy
EU backs new sanctions against Russia over Navalny’s death
| March 19, 2024 | Energy | International Trade
Two tankers with Russia’s Urals oil idle for weeks off India
| March 18, 2024 | Energy | Maritime | Bulk
U.S. crude oil exports reached a record in 2023
| March 18, 2024 | Energy
U.S. crude oil exports established a record in 2023, averaging 4.1 million barrels per day (b/d), 13% (482,000 b/d) more than the previous annual record set in 2022. Except for 2021, U.S. crude oil exports have increased every year since 2015, when the U.S. ban on most crude oil exports was lifted.
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