Energy

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

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WestJet investing in the future of sustainable aviation fuel in Canada

• Airline is the first Canadian operator to offer regular sustainable aviation fuel flights with three-month route commitment from San Francisco to Calgary • Flight program marks first step in building awareness of importance of sustainable aviation fuel in decarbonization of Canada's airline industry

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China solar giant sees yet more uncertainty for US imports

Bloomberg | November 03, 2022 | Energy | Alternative | International Trade

The world’s largest solar company warned that stricter US import requirements for panel shipments will continue to create disruptions to the American market through next year.

RightShip’s GHG Rating to become industry’s first vessel focused rating to include EEXI, EVDI and EEDI in one index

Leading ESG-focused digital maritime platform RightShip is pressing ahead with its zero-harm vision for the maritime industry by evolving its GHG Rating to incorporate new regulations being introduced by the International Maritime Organization (IMO) in 2023.

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Adnoc said to pick Citigroup, JPMorgan for shipping unit IPO

Bloomberg | November 03, 2022 | Energy | Maritime | Bulk

Abu Dhabi’s main energy company has hired Citigroup Inc., JPMorgan Chase & Co. and First Abu Dhabi Bank PJSC to work on potentially listing its shipping unit, according to people familiar with the matter.

Chinese investment in overseas lithium sector falters - Rystad Energy’s battery materials and EV market note

AJOT | November 03, 2022 | Energy | Alternative

Exxon’s former Russian oil project is ramping up flows again

Bloomberg | November 03, 2022 | Energy

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fleetenergies appoints Quittard as Product and Operations Director

The leader in reducing energy costs and the environmental footprint in the road transport sector has given Robin Quittard the task of making its technology as accessible as possible.

Nikola says electric-truck deliveries to fall short of plans

China set for oil influx just as Covid measures hit demand

Bloomberg | November 03, 2022 | Energy

Rising energy, farm exports drive Canada’s trade surplus wider

Bloomberg | November 03, 2022 | Energy | International Trade | Commodity

Oil options traders build a huge position on higher prices

Bloomberg | November 03, 2022 | Energy

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Biden warns oil firms he’ll seek tax on ‘windfall’ profits

Bloomberg | November 02, 2022 | Energy

President Joe Biden said he’d seek to impose higher taxes on oil companies that record “windfall” profits without reinvesting in production, with US gasoline prices still high a week ahead of midterm elections.

SSA Marine converts diesel-powered cranes to electric at the Port of Long Beach

Energy

AJOT | Top Story | November 02, 2022

SSA Marine converts diesel-powered cranes to electric at the Port of Long Beach

SSA Marine has completed a multi-year project to convert 9 ZPMC diesel-electric 1,000 hp rubber-tired gantry cranes (RTGs) to 100% grid-tied electric. This is the largest deployment of eRTGs in North America and represents 100% of the RTG fleet at the Port of Long Beach Pier J terminal.

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US, Mexican trade chiefs to meet as energy dispute simmers

Bloomberg | November 02, 2022 | Energy | International Trade | Commodity

President Joe Biden’s trade chief said that she expects to have her first meeting with Mexico’s new economy minister “very soon,” and that US concerns about the nation’s energy policy are broader than the impact on individual companies.

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DHL Global Forwarding and GoodShipping accelerate sustainable shipping via insetting with 60 million liters of sustainable marine fuel

AJOT | November 02, 2022 | Energy | Alternative | Logistics

• As part of DHL’s GoGreen Plus service, Sustainable Marine Fuels play an important role in decarbonizing ocean freight transport • Expanded collaboration between DHL and leading insetting service by GoodShipping includes piloting a new insetting framework of the Smart Freight Centre

East Coast gasoline pinch worsens with inventories at eight-year low

Bloomberg | November 02, 2022 | Energy

Turkish trade gap widens more than five-fold on energy bill

Bloomberg | November 02, 2022 | Energy | International Trade

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Russia’s near-record LNG shipments show world’s struggle to cut reliance

Bloomberg | November 02, 2022 | Energy | Maritime | Bulk

Russian liquefied natural gas shipments increased in October to nearly a record, illustrating how the world is struggling to curb its dependence on the major supplier ahead of winter.

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Norway remains a significant natural gas supplier to the European Union

AJOT | November 01, 2022 | Energy

Norway is among the top 10 natural gas-producing nations in the world and has always been an important source of natural gas to the European Union (EU). Russia’s full-scale invasion of Ukraine at the end of February 2022 resulted in significant declines in natural gas imports to the EU, particularly starting in June 2022, increasing Norway’s importance as a source of natural gas to the region.