Energy

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

Gazprom Neft cuts stake in Serbia’s NIS as US sanctions loom

Reuters | February 26, 2025 | Energy

Marcura acquires HubSE, expanding demurrage automation across all cargo types

AJOT Newsroom | February 26, 2025 | Energy | Maritime | Bulk

Maritime technology leader Marcura has acquired HubSE, the UK-based pioneer in oil and chemical tanker demurrage claims automation.

WinGD debuts X‑DF‑M platform with biggest ever methanol-fueled engine

Swiss marine power company WinGD’s first methanol-fueled engine is to be delivered to shipyard after passing factory and type approval tests.

Port of Rotterdam and Port of Antwerp-Bruges call for swift implementation of the Clean Industrial Deal

WSC: EU must deliver on Clean Industrial Deal or risk losing its global competitiveness in shipping’s green transition

As a global shipping hub and major supplier of traditional maritime fuels, the European Union risks being left behind if it doesn’t put serious investment and political commitment behind the Clean Industrial Deal announced today, says the World Shipping Council (WSC).

Pipeline companies deliver most of the U.S. electric power sector’s natural gas

AJOT Newsroom | February 26, 2025 | Energy

According to our Natural Gas Annual Respondent Query System, 1,653 natural gas delivery companies delivered natural gas to end-use customers in 2023 in the United States.

Ship It Zero: Amazon, IKEA and shipping companies must accelerate the use of e-fuels

AJOT Newsroom | February 26, 2025 | Energy | Alternative | Green Shipping

Trump says he wants Keystone XL oil Pipeline to be built

Reuters | February 25, 2025 | Energy

Republican U.S. President Donald Trump said on Monday he wanted the Keystone XL Pipeline built and pledged easy regulatory approvals for the crude oil project, which was opposed for years by environmentalists before its permit was revoked by the Biden administration.

Norsepower and Syroco collaborate to optimize wind-propulsion efficiency on commercial vessels

United Sustainable Flight Fund invests in Heirloom to scale direct air capture

• Sustainable Flight Fund also gets the right to purchase up to 500,000 tons of carbon dioxide removal • Heirloom's proven technology uses limestone to absorb CO2

The energy transition is not about abandoning fossil fuels overnight, but about modernising how we use them, says Fuelre4m

Fuelre4m, a trailblazer in sustainable energy solutions, is bringing its groundbreaking fossil fuel reforming technology to the maritime sector. With a mission to make fossil fuel consumption more efficient, affordable, and environmentally friendly, Fuelre4m is revolutionising the way ships are powered today.

DHL 2-Mann-Handling expands electric fleet for last mile delivery

• CO2e-reduced delivery for large and bulky e-commerce shipments such as furniture and white goods • Launch of low-emission last mile delivery with 21 electric vehicles in March 2025 across several states • Contribution to achieving the sustainability goals of DHL Group

Key component installation marks important milestone in Ørsted’s full-scale carbon capture and storage project

AJOT Newsroom | February 25, 2025 | Energy | Alternative

Absorbers, desorbers, and direct contact coolers are large key components for the future carbon capture facilities at Asnæs Power Station and Avedøre Power Station.

Mindanao Container Terminal increases renewable energy utilization

Mindanao Container Terminal (MCT), International Container Terminal Services Inc.’s (ICTSI) business unit at the Port of Cagayan de Oro in the Philippines, recently started operating exclusively on solar power during daylight hours.

Planned retirements of U.S. coal-fired electric-generating capacity to increase in 2025

AJOT Newsroom | February 25, 2025 | Energy

Electricity generators plan to retire 12.3 gigawatts (GW) of capacity in 2025, a 65% increase in retirements compared with 2024.

Air Products to exit three US projects

Reuters | February 25, 2025 | Energy | Alternative

Air Products said on Monday it would exit three projects in the U.S. and expects to record a pre-tax charge of nearly $3.1 billion in its second quarter to write down assets and terminate contractual commitments.

Shell expects 60% rise in global LNG demand by 2040 as Asia leads growth

Reuters | February 25, 2025 | Energy

Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday.

National Grid sells $1.7 billion US renewables arm to Brookfield

Reuters | February 24, 2025 | Energy | Alternative

Britain's National Grid has reached a deal to sell its U.S. onshore renewables business to Canadian investment firm Brookfield Asset Management for $1.74 billion including debt, it said on Monday.

Baker Hughes names Moghal as CFO

Reuters | February 24, 2025 | Energy

U.S. oilfield technology firm Baker Hughes said on Monday it has appointed insider Ahmed Moghal as its chief financial officer, effective immediately.