Energy

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


EIA expects U.S. natural gas prices to remain high through 2022
Energy
AJOT | Top Story | June 14, 2022

EIA expects U.S. natural gas prices to remain high through 2022

In our June 2022 Short-Term Energy Outlook (STEO), we forecast that U.S. natural gas spot prices will increase again this month and then remain high through the rest of 2022.
Total, Adani team up for $5 billion India hydrogen project

Bloomberg | June 14, 2022 | Energy | Alternative

Russia’s crude flows to Asia take hold near unprecedented levels

Bloomberg | June 13, 2022 | Energy | Conventional | By The Numbers

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119 publicly traded global oil and natural gas companies added proved reserves in 2021

AJOT | June 13, 2022 | Energy | Conventional | By The Numbers

Annual financial reports by 119 publicly traded exploration and production companies show aggregate proved reserves of crude oil and natural gas increased by 19.2 billion barrels of oil equivalent (BOE) in 2021.

Chevron completes acquisition of Renewable Energy Group

AJOT | June 13, 2022 | Energy | Alternative

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Lithium-Ion batteries to see hike in demand as sales of EVs increase across the world: Fact.MR Analysis

AJOT | June 10, 2022 | Energy | Alternative

Energy Storage Systems Market Analysis, By Technology (Electro Chemicals, Thermal Storage, Mechanical Energy Storage), By Application (Transportation, Grid Storage), By End User - Global Forecast 2022-2031

Yellen says insurance ban on tankers could lock In Russian oil

Bloomberg | June 09, 2022 | Energy | Conventional

Billionaire Razon plans massive solar panel array in Philippines

Bloomberg | June 09, 2022 | Energy | Alternative

Newly established Pelagic Yield Fund acquires product tanker duo

AJOT | June 09, 2022 | Energy | Maritime | Bulk

Fire at key US gas export terminal a blow for fuel-starved world
Energy
Bloomberg | Top Story | June 09, 2022

Fire at key US gas export terminal a blow for fuel-starved world

An explosion at a Texas liquefied natural gas plant that promises to reduce exports for weeks, lowering prices for the fuel in the US while boosting them in Europe.
Port Houston welcomes first zero-emissions drayage truck

AJOT | June 09, 2022 | Energy | Alternative | Ports & Terminals | Equipment and Tech

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‘Beauty contest’ with batteries will decide the future of trucking

Bloomberg | June 09, 2022 | Energy | Alternative | Intermodal | Trucking

Volvo Trucks is simultaneously placing bets on batteries, hydrogen fuel cells and combustion engines that burn a variety of sustainable fuels. 

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Record US natural gas demand this winter led to largest storage withdrawal in four years

AJOT | June 08, 2022 | Energy

Net withdrawals of natural gas from U.S. storage totaled 2,264 billion cubic feet (Bcf) this winter (November through March). This amount is the most natural gas withdrawn from storage since the winter of 2017–18 and 10% more than the previous five-year (2016–17 to 2021–22) average, according to our recently released Natural Gas Monthly, which includes data through March 2022. Typically more natural gas is withdrawn from storage in the United States than is injected during the winter heating season as demand (including consumption and exports) exceeds supply (including production and imports).

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Jones Act ships competitive for US fuel exports as freight soars

Bloomberg | June 08, 2022 | Energy | Maritime | Bulk

The cost to export fuels from the US more than doubled since start of Russia’s war as global demand for American gasoline and diesel surged.

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US natural gas slumps after fire at Texas LNG export terminal

Bloomberg | June 08, 2022 | Energy | Ports & Terminals

US natural gas prices tumbled after a fire broke out at a Texas export terminal, threatening to leave supplies of the fuel stranded in the domestic American market despite surging overseas demand.

Venezuelan crude sanctions ease as Italy’s Eni books tankers

Bloomberg | June 08, 2022 | Energy | International Trade

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Gas exporters see growing support for East Coast plant in Canada

Bloomberg | June 08, 2022 | Energy

Canada’s natural gas companies say there’s growing domestic support for new energy infrastructure to facilitate exports to Europe, even as the country pursues aggressive climate-change targets.

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