Energy

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

AYK Energy to launch ‘Cosmos’ world’s swappable containerized marine battery

AJOT Newsroom | August 24, 2026 | Energy

The marine battery manufacturer AYK Energy is set to unveil the world’s first swappable containerized marine battery system at the SMM trade fair in Hamburg next month (Hall B stand 342).

Exxon turns to automated drilling in the Permian in push for higher oil output

Reuters | August 24, 2026 | Energy

In rural west Texas where oil rigs and pump jacks dot the sparse flat landscape, an ExxonMobil contractor sits in a small office on a drilling rig, using controls on a screen to operate robotic machinery and move tall steel pipes weighing roughly 2,000 pounds.

Six countries want EU talks in September on taxing windfall profits of oil companies

Reuters | August 24, 2026 | Energy

Six European Union countries want the 27-nation EU to discuss in September a mechanism to tax windfall profits of oil companies triggered by Iran's blockade of the Strait of Hormuz, a letter by their finance ministers showed on Monday.

Why is Trump talking about the Keystone XL oil pipeline?

Reuters | August 21, 2026 | Energy

A social media post by President Donald Trump declaring that the Keystone XL oil pipeline "may be awoken from the grave" attracted attention this week in the midst of U.S.-Canada trade talks. Below is a look at the history of that project running through parts of Canada and the U.S., as well as details on the new oil pipeline proposal that follows a slightly different route:

Flux Power reports 2026 fiscal fourth quarter and full year financial results

AJOT Newsroom | August 21, 2026 | Energy | Alternative | By The Numbers

Flux Power Holdings, Inc. reported financial and operational results for the 2026 fiscal fourth quarter and full fiscal year ended June 30, 2026.

Magnus Technologies releases July 2026 Diesel Fuel Snapshot, highlighting second straight monthly drop in diesel prices

Magnus Technologies | August 21, 2026 | Energy

Monthly analysis found diesel fell to $4.96 per gallon in July but remained 31.14% above July 2025 levels, putting pressure on carriers to keep surcharge programs aligned with the market

Asahi Kasei develops novel lithium pre-doping technology

AJOT Newsroom | August 20, 2026 | Energy | Alternative

Asahi Kasei has developed a novel pre-doping technology for high-voltage lithium-ion batteries (LIBs) with silicon-based anodes.

Energy

AJOT Newsroom | August 20, 2026

CORE POWER and Port of Corpus Christi study maritime nuclear readiness

The study will examine how a major US energy and trade gateway could prepare for two additional distinct future roles: as a potential location for a floating nuclear power plant (FNPP) supplying firm power for port and regional demand, and as a gateway for future calls by nuclear-powered commercial ships.*

European corporate outlook keeps improving as recovery goes beyond energy profits

Reuters | August 19, 2026 | Energy

A broadening corporate recovery beyond surging energy profits pushed Europe's blue-chip earnings forecasts higher for a ninth straight week, as most reporting companies exceeded

Oil hits three-week high on uncertainty over Hormuz

Reuters | August 19, 2026 | Energy

Oil prices rose 1% on Wednesday and were trading near a three-week high hit during the session, as investors worried that tensions in the Middle East

Shell and Hyundai Motor renew 20-year global cooperation agreement

AJOT Newsroom | August 19, 2026 | Energy

The agreement marks the fifth renewal since the companies began working together in 2005, and reflects a long-standing partnership built on collaboration across product development, motorsport engineering and aftersales solutions.

Diesel and Gasoline Prices August 18, 2026

AJOT Newsroom | August 18, 2026 | Energy

Regular gasoline and diesel prices by week and PADD (Self-service cash price in dollars per gallon, including taxes)

Corvus expands service support in Brazil with Belga Marine

AJOT Newsroom | August 18, 2026 | Energy | Alternative

Brazil is at the center of global offshore energy-sector growth—both traditional oil and gas projects and emerging renewable initiatives—driven by rising exploration and production demand, including equatorial margin expansion and new deepwater and ultra-deepwater exploration.

Marine battery maker AYK Energy agrees two new workboat deals with Gebhard Electro

AJOT Newsroom | August 17, 2026 | Energy | Alternative

AYK Energy and Gebhard Electro are expanding maritime electrification with battery systems for a Damen dredger newbuild and the Port of Rotterdam’s RPA 8 patrol vessel conversion to fully electric propulsion.

Today in energy: Waterborne shipments from the U.S. Gulf Coast increased in April and May

AJOT Newsroom | August 17, 2026 | Energy | By The Numbers

Waterborne shipments of crude oil and petroleum products from the U.S. Gulf Coast (PADD 3) to the West Coast (PADD 5) more than quadrupled year-on-year in April and May following a waiver that permitted a broader group of ships to travel between U.S. ports. Shipments from the U.S. Gulf Coast to the East Coast (PADD 1) also increased.

Hungary to sink two barges near nuclear plant to ensure cooling

Hungarian authorities are expected to start sinking two barges later in the day to raise the water level at the Paks nuclear plant in the Danube, Prime Minister Peter Magyar said on Friday.

US-based Diversified Energy in early talks to acquire Birch Resources

Reuters | August 14, 2026 | Energy

U.S.-based Diversified Energy said on Friday it is in early discussions to acquire privately held Birch Resources, as it looks to further expand into the oil and gas-rich Permian Basin.

Stalled Alaska LNG pipeline bill sends ‘negative signal,’ governor says

Reuters | August 14, 2026 | Energy

Alaska Governor Mike Dunleavy said he was "deeply disappointed" that a bill to advance a pipeline for the Alaska LNG project to export natural gas to Asia stalled in the state legislature.

Energy

Reuters | August 14, 2026

Two slicks appear in Gulf as huge oil spill off Oman threatens disaster

Two slicks have appeared in Iranian waters, satellite imagery and video verified by Reuters show, as tit-for-tat attacks on oil tankers and other vessels by Iran and the United States spark concerns about environmental damage to the Gulf.

Out of room: Russia’s crude production enters a new era of constraint

AJOT Newsroom | August 14, 2026 | Energy | By The Numbers

Following a year of tighter sanctions and Ukrainian attacks on refineries, ports and tankers, Russia’s crude output has fallen further in the second half of 2026, severely affecting the nation’s crude production outlook.

Energy

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