Energy

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

Shuttered Texas LNG plant delays restart after federal order

Bloomberg | June 30, 2022 | Energy | Conventional

INPEX, IHI, MOL demonstrate clean ammonia supply chain linking UAE and Japan

AJOT | June 30, 2022 | Energy | Alternative | Maritime | Liner Shipping

CMA CGM and ENGIE set to co-invest in the Salamander project, to produce second-generation biomethane

AJOT | June 30, 2022 | Energy | Maritime | Liner Shipping

Russia muscles In on Indian oil market at expense of OPEC titans

Bloomberg | June 30, 2022 | Energy

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Total recoverable oil worldwide is now 9% lower than last year, threatening global energy security

AJOT | June 30, 2022 | Energy

Following publication of BP’s annual Statistical Review, each year Rystad Energy releases our own analysis of the global energy landscape to provide an independent, data-based comparison and evaluation. Continuing the trend from previous years, Rystad Energy’s 2022 review shows a sizeable drop in recoverable oil resources in what could deal a major blow to global energy security.

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Developers plan to add 6 gigawatts of US offshore wind capacity through 2029

AJOT | June 30, 2022 | Energy | Alternative | Project / Heavy Lift | Maritime Project

Power plant developers and operators have reported plans to install more than 6 gigawatts (GW) of offshore wind capacity at sites mostly along the U.S. eastern seaboard over the next seven years, according to our latest Preliminary Monthly Electric Generator Inventory report. These additions include projects off the coasts of New Jersey, Maryland, and Virginia, as well as on Lake Erie, near Cleveland, Ohio.

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G-7 launches climate club to try and avoid green trade wars

Bloomberg | June 29, 2022 | Energy | Alternative | International Trade

Members will agree on joint rules and standards in the fight against global warming.

US Gulf crude exports to hit record high this quarter, despite domestic supply shortage
Energy
AJOT | Top Story | June 29, 2022

US Gulf crude exports to hit record high this quarter, despite domestic supply shortage

Oil exports from the US Gulf Coast are set to hit an all-time high of 3.3 million barrels per day (bpd) in the second quarter of 2022, as refining capacity outages limit operators’ ability to meet demand and the US government’s Strategic Petroleum Reserve (SPR) release boosts supply, Rystad Energy research shows. More than 95% of all US crude exports transit through the Gulf ports of Corpus Christi, Houston, Beaumont, Port Arthur and Louisiana.
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BV delivers “CLEANSHIP SUPER” notation to Aframax tanker “Green Admire”, verifying vessel’s pollution control credentials

AJOT | June 29, 2022 | Energy | Maritime | Bulk

Bureau Veritas (BV), a world leader in testing, inspection and certification, has supported the design, construction and entry into operation of the Aframax tanker, ‘Green Admire’, the first of a series of 4 vessels, which has been delivered to Aegean Shipping Management SA on Friday 24th June 2022 by COSCO Yangzhu in China.  Despite its conventional design, the vessel includes a number of innovations and environmental initiatives aimed at limiting air and sea pollution. 

Port of Rotterdam & Shell lead with new green hydrogen generation
Energy
Stas Margaronis | Top Story | June 29, 2022

AJOT Insights
Port of Rotterdam & Shell lead with new green hydrogen generation

At the Port of Rotterdam, Shell will soon begin construction of a facility that will provide green hydrogen.
TotalEnergies Marine Fuels and MOL Group complete first biofuel bunker operation of a vehicle carrier in Singapore

AJOT | June 29, 2022 | Energy | Maritime | Ports & Terminals

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US refinery capacity decreased during 2021 for second consecutive year

AJOT | June 29, 2022 | Energy

Operable atmospheric crude oil distillation capacity, our primary measure of refinery capacity in the United States, totaled 17.9 million barrels per calendar day as of January 1, 2022, down 1% from the beginning of 2021. According to our annual Refinery Capacity Report, 2021 was the second consecutive year of decreasing refinery capacity.

ExxonMobil announces sale of interests in Montney and Duvernay Canadian assets

AJOT | June 29, 2022 | Energy

Solar products detained under new US-China law, analyst says
Energy
Bloomberg | Top Story | June 29, 2022

Solar products detained under new US-China law, analyst says

New US powers to detain imports tied to China’s Xinjiang region have been used to halt products from a major solar company, according to a key industry analyst.
Now Egypt emerges as major supplier of fuel oil to Saudi Arabia

Bloomberg | June 29, 2022 | Energy

Swiss trader says Russia’s Sberbank caused refinery bankruptcy

Bloomberg | June 29, 2022 | Energy

First Solar rejects US site for new factory, eyes Europe or India instead

Bloomberg | June 29, 2022 | Energy | Alternative | International Trade

Road-fuel demand to peak by 2027 with efficiency improvements

Bloomberg | June 29, 2022 | Energy | Intermodal | Trucking

Libya halts oil exports from key ports amid political crisis

Bloomberg | June 29, 2022 | Energy

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Bolloré Logistics partners with IAG Cargo to purchase one million litres of sustainable aviation fuel

AJOT | June 28, 2022 | Air Cargo | Freighters | Energy | Alternative | Logistics

• The sustainable aviation fuel (SAF) will be delivered in two shipments, in July 2022 and November 2022, demonstrating IAG Cargo and Bolloré Logistics’ commitment to decarbonising air cargo • The SAF is being sourced by IAG from the producer Phillips 66 Limited, North Lincolnshire, UK • SAF is produced from sustainable used cooking oil and food waste, and can reduce CO2 emissions by over 90% compared to traditional jet fuel

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