Energy

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


Global oil trade shakes up after fires at US fuelmakers

Bloomberg | January 26, 2023 | Energy

Biden’s push to slash truck pollution has a hidden loophole
Energy
Bloomberg | Top Story | January 26, 2023

Biden’s push to slash truck pollution has a hidden loophole

An exemption backed by engine manufacturers weakens the rule’s emissions-cutting potential.
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Double relief: Norwegian tax break will see gas and oil supply to Europe increase

AJOT | January 25, 2023 | Energy

The energy crisis in Europe triggered by the ongoing war between Russia and Ukraine has left the continent short of hydrocarbon supplies and increasingly reliant on liquefied natural gas imports.

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Orange EV expands zero-emission truck sales in Canada

AJOT | January 25, 2023 | Energy | Alternative | Trucking

Orange EV, the leading heavy-duty EV truck manufacturer in the United States, has listened and responded to its customers by expanding into the Canadian market, marking an international growth milestone driven by the strong financial and operational benefits of electric yard truck fleets.

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U.S. crude oil production will increase to new records in 2023 and 2024

AJOT | January 25, 2023 | Energy

In our January 2023 Short-Term Energy Outlook, we forecast that crude oil production in the United States will average 12.4 million barrels per day (b/d) in 2023 and 12.8 million b/d in 2024, surpassing the previous record of 12.3 million b/d set in 2019.

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Scana company awarded a new 3-year maintenance contract with an estimated contract value of MNOK 1.8 billion including options

AJOT | January 25, 2023 | Energy

Equinor has awarded Scana-owned PSW Technology a three-year contract for maintenance services to the Mongstad refinery. The agreement is estimated at 200 MNOK per year and contains options for a further six years. "For PSW, this is a game changer," says Oddbjørn Haukøy, Chief Executive Officer of Scana and one of the founders of PSW back in 2007.

U.S. says nearly 50,000 new jobs could be created by offshore wind by 2030
Energy
Stas Margaronis | Top Story | January 25, 2023

AJOT Insights
U.S. says nearly 50,000 new jobs could be created by offshore wind by 2030

The National Renewable Energy Laboratory (NREL) released a report on January 23rd stating that the U.S. goal of generating 30 Gigawatts (GW) of offshore wind power by 2030 will create nearly 50,000 new American jobs, provided that major upgrades in ports and shipyards are achieved.
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DB Schenker: Deployment of the first MAN eTrucks from 2024

AJOT | January 24, 2023 | Energy | Alternative | Trucking

DB Schenker will be pilot customer • Integration of 100 MAN eTrucks in fleet by 2026 • Handover of first vehicles in spring 2024

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Alfa Laval introduces the marine industry’s first biofuel-ready separators

AJOT | January 24, 2023 | Energy | Alternative | Maritime | Technology

Biofuels are a current and accessible fuel option that can help marine customers decarbonize. Yet while biofuels reduce CO2 footprint, they also pose new operational challenges. Alfa Laval is first in the market to address them with biofuel-optimized separators and separator upgrades.

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Daily natural gas spot prices in Western United States exceed $50.00/MMBtu in December

AJOT | January 24, 2023 | Energy

On December 21, 2022, daily natural gas spot prices at three major trading hubs in the western United States (Pacific Gas & Electric [PG&E] Citygate, Northwest Sumas on the Canada-Washington border, and Malin, Oregon) were higher than $50.00 per million British thermal units (MMBtu).

Power, rail outages cloud outlook for South Africa fuel producer

Bloomberg | January 24, 2023 | Energy | Intermodal

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Valenciaport awards a new solar plant with a surface area of 27,700 m2

AJOT | January 24, 2023 | Energy | Alternative | Ports & Terminals

• The Port Authority of Valencia awards the contract for the solar plant on the Valencia Terminal Europa vehicle silo in the Port of Valencia • The Board of Directors of the PAV has approved the award of the contract to the joint venture made up of Lantania S.A.U and Tecmo Instalaciones for 16,060,707.27 euros for the construction and maintenance of this photovoltaic installation • This plant will generate over 9,000 MWh/year, which represents approximately 11% of the electrical energy consumption of the Port of Valencia • It is in addition to the project for the Muelle Príncipe Felipe dock which has already been awarded. Between the two installations, 14% of the electrical energy required by the Port of Valencia will be produced

A $3.6 billion EV charging boost is still a missed opportunity
Energy
Bloomberg | Top Story | January 24, 2023

A $3.6 billion EV charging boost is still a missed opportunity

The US is planning to incentivize electricity produced from biofuels, but not from sources such as wind or solar.

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