Energy

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


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Sustainable Fitch: Shipping sector’s net-zero transition held back by lack of mature alternative fuels

AJOT | November 27, 2023 | Energy | Alternative | Green Shipping

Shipping companies’ decarbonisation transition pathways remain unclear amid alternative fuel uncertainty, Sustainable Fitch says in a new report.

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VEDS: Voith technology powers first H2 truck to be serially produced in Germany

AJOT | November 27, 2023 | Energy | Alternative | Green Shipping | Trucking

Since the beginning of 2023, the heavy duty version of the Voith Electrical Drive System (VEDS) has been an integral part of the first H2 truck (FCEV) to be built in Germany: the Paul Hydrogen Power Truck (PH2P).

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Battery prices are falling again as raw material costs drop

Bloomberg | November 27, 2023 | Energy | Alternative | Trucking

BloombergNEF breaks down the biggest annual drop in its lithium-ion battery price survey since 2018.

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Europe is guzzling diesel from India, a key buyer of Russian oil

Bloomberg | November 27, 2023 | Energy

Europe banned most oil shipments from Russia almost a year ago, but it’s binging on diesel that may well have been made from Russian crude.

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U.S. gasoline prices decline amid lower gasoline demand and falling crude oil prices

AJOT | November 22, 2023 | Energy

On November 20, 2023, the Monday before Thanksgiving, the retail price of regular gasoline averaged $3.29 per gallon (gal) across the United States, 10% less than the same time last year.

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DNV awards Abate (Power +) notation to Transocean Norge

AJOT | November 22, 2023 | Energy | Green Shipping

The DNV-classed rig, Transocean Norge, has become the first semisubmersible rig to be awarded DNV’s Abate (Power+) notation following significant upgrades designed to lower its greenhouse gas emissions during operation.

Lhyfe awarded grant of €14 million for green hydrogen project in Spain in Tarragona

AJOT | November 22, 2023 | Energy | Alternative | Green Shipping

Nigeria revives oil tanker tax issue that drove up freight

Bloomberg | November 22, 2023 | Energy | Maritime | Bulk

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KPI OceanConnect supplies OOCL with biofuel blend marking a significant milestone in their sustainability journeys

AJOT | November 22, 2023 | Energy | Alternative | Green Shipping | Maritime | Liner Shipping

KPI OceanConnect arranges supply of bespoke B24 biofuel blend to Orient Overseas Container Line (OOCL)’s container vessel

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What happened to five oil tankers sanctioned for Russia violations

Bloomberg | November 22, 2023 | Energy | Maritime | Bulk

Over the past month, the US has sanctioned five vessels for hauling crude above $60-a-barrel price cap set by the Group of Seven and its allies.

Oil spill off Louisiana coast shuts output from seven drillers
Energy
Bloomberg | Top Story | November 22, 2023

Oil spill off Louisiana coast shuts output from seven drillers

A pipeline leak off the coast of Louisiana that dumped the equivalent of two Olympic-size swimming pools of crude to the Gulf of Mexico has forced seven drillers to shut in production, according to the US Coast Guard.
Ecopetrol analyzing gas imports from Venezuela in 2024

Bloomberg | November 21, 2023 | Energy

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Damen Shipyards signs contract with Ta San Shang Marine Co. Ltd to supply a new construction service operation vessel

AJOT | November 21, 2023 | Energy | Alternative | Green Shipping | Project / Heavy Lift | Maritime Project

On the 21st of November, Damen Shipyards signed a contract with Ta San Shang Marine Co. Ltd. (TSSM), a joint venture between Mitsui O.S.K. Lines, Ltd. of Japan, and Ta Tong Marine Co., Ltd. of Taiwan, for the delivery of a Damen CSOV (Construction Service Operation Vessel) 9020.

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The Strait of Hormuz: the world’s most important oil transit chokepoint

AJOT | November 21, 2023 | Energy | Maritime | Bulk

The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea.

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Wilson Sons, through its Offshore Support Base, signs a contract with BP, a global leader in oil exploration and production

AJOT | November 21, 2023 | Energy | Ports & Terminals | Terminals

With five berths, the Rio Offshore Base, in Caju, will attend the oil company's operations

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