Energy

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

Pennsylvania governor complains to regulator about PJM’s power market rules

Reuters | December 31, 2024 | Energy

Puerto Rico’s power grid collapses, leaving island in the dark

Reuters | December 31, 2024 | Energy

Oil prices set for second annual loss in a row, stable day on day

Reuters | December 31, 2024 | Energy

Oil prices were on track to end 2024 with a second consecutive year of losses on Tuesday, but were steady on the day as data showing an expansion in Chinese manufacturing was balanced by Nigeria targeting higher output next year.

Today’s gasoline prices / EIA

AJOT Newsroom | December 31, 2024 | Energy

Today’s diesel prices / EIA

AJOT Newsroom | December 31, 2024 | Energy

Energy

Reuters | December 30, 2024

Cheniere produces first LNG at Corpus Christi Stage 3 project

Cheniere Energy said that liquefied natural gas (LNG) was produced for the first time from the first train (Train 1) of its Corpus Christi Stage 3 Liquefaction Project.

US agency takes steps to protect Nevada mountains from energy development

Reuters | December 30, 2024 | Energy

Oil holds steady in thin holiday trade

Reuters | December 30, 2024 | Energy

Oil prices were broadly steady on Monday in thin holiday trade at the end of the year, as traders awaited more Chinese and U.S. economic data later this week to assess growth in the world's two largest oil consumers.

Big Oil backtracks on renewables push as climate agenda falters

Reuters | December 27, 2024 | Energy

Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down - and at times reversing - climate commitments in a shift that they are likely to stick with in 2025.

What is China’s Jinjiang, the BYD contractor under fire in Brazil?

Reuters | December 27, 2024 | Energy

China's Jinjiang Group is in the spotlight after Brazil's labour authorities said workers at a factory it is building for electric vehicle maker BYD were victims of human

China to build world’s largest hydropower dam in Tibet

Reuters | December 26, 2024 | Energy

Peru declares environmental emergency after oil spill

Reuters | December 26, 2024 | Energy | Ports & Terminals

Peru's government on Thursday declared an environmental emergency in a northern coastal area, where state oil firm Petroperu last weekend spilled a crude oil shipment into surrounding waters of the Pacific Ocean.

Energy

Reuters | December 26, 2024

New York to fine fossil fuel companies $75 billion under new climate law

New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday.

Oil edges up on China stimulus hopes, US inventory drop

Reuters | December 26, 2024 | Energy

Oil edged higher on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, and supported by an industry report showing a decline in U.S. crude inventories.

Russia declares federal emergency over Black Sea oil spill

Reuters | December 26, 2024 | Energy | Ports & Terminals | Canal and Waterway

Russia declared a federal emergency on Thursday over an oil spill caused by two Russian tankers in the Black Sea, the Emergencies Ministry said.

Stena RoRo takes delivery of the battery hybrid vessel Guillaume de Normandie

Stena RoRo has taken delivery of E-Flexer No. 12 – in a series of 15 vessels - from the Chinese shipyard CMI Jinling (Weihai).

Japan aims to cut greenhouse gas emissions 60% by 2035 vs 2013 levels

Reuters | December 24, 2024 | Energy | Green Shipping

Japan's environment and industry ministries on Tuesday finalised a plan to cut greenhouse gas (GHG) emissions by 60% from 2013 levels by 2035, up from its 2030 goal of a 46% cut.

India reviews $30 billion sulphur-cutting program for coal plants

Reuters | December 24, 2024 | Energy | Green Shipping

India is reviewing a decade-old $30 billion programme requiring coal-fired power plants to install equipment to cut sulphur emissions after government-backed studies showed they had little impact on curbing pollution, according to a document reviewed by Reuters.

Improved efficiency is enabling record U.S. crude oil production from fewer rigs

AJOT Newsroom | December 23, 2024 | Energy

Crude oil production in the U.S. Lower 48 (L48) states, which excludes Alaska and offshore production, reached a record 11.3 million barrels per day (b/d) in November 2024, according to our estimate in the latest Short-Term Energy Outlook (STEO) published on December 10.

Brazil’s Petrobras to sign deal for four new support vessels built locally

Reuters | December 23, 2024 | Energy | Maritime | Bulk

Brazil's Transpetro, a unit of state-run oil firm Petrobras, said on Monday that local shipbuilding firms Ecovix and Mac Laren had won a tender to build four new coastal vessels for $69.5 million per vessel.

Energy

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