Energy

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


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MOL, Woodside, South Korean Shipbuilder HD KSOE and Hyundai Glovis study transport of liquefied hydrogen

AJOT | February 14, 2024 | Energy | Alternative | Maritime | Technology

"Mitsui O.S.K. Lines, Ltd. today announced the signing of a non-binding memorandum of understanding (MoU) with Woodside Energy Ltd (Woodside), a major Australian energy company and shipbuilding and engineering company HD Korea Shipbuilding and Offshore Engineering Co., Ltd. (HD KSOE) and shipping company Hyundai Glovis Co., Ltd....

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Tankers tied to the Russian oil trade grind to a halt following US sanctions

Bloomberg | February 13, 2024 | Energy | Maritime | Bulk

A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher measures by western regulators might be starting to have tangible effects on Moscow.

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Today in Energy: What is the outlook for the natural gas spot price in 2024 and 2025?

AJOT | February 12, 2024 | Energy

We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per million British thermal units (MMBtu), in our February Short-Term Energy Outlook (STEO)...

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Survitec secures approval for DCP upgrade for AF fuels

AJOT | February 12, 2024 | Energy | Alternative

SURVITEC receives type approval for dry chemical powder system upgrades to support move to alternative fuels...

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LDA and Norsepower join forces in shipping large Airbus aircraft components

AJOT | February 12, 2024 | Energy | Alternative | Green Shipping | Maritime | Technology

The next generation Norsepower Rotor Sail™ control system provides Louis Dreyfus Armateurs with better efficiency and real-time savings reports, guaranteeing the timely and environmentally friendly moving of Airbus aircraft components.

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Latest US oil sanctions make Greek owners wary of Russian return

Bloomberg | February 09, 2024 | Energy | Maritime | Bulk

US sanctions on firms moving Russian oil may be turning up the pressure on the Kremlin — but they risk scuppering efforts to drive the nation’s petroleum trade out of the shadows.

Russian oil tanker U-turns hours after being hit by US sanctions

Bloomberg | February 09, 2024 | Energy | Maritime | Bulk

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Biden’s natural gas export freeze probed by House committee

Bloomberg | February 08, 2024 | Energy

A House committee is probing the Biden administration’s decision to pause liquefied natural gas export approvals, asking the Energy Department to justify why a moratorium on project approvals is needed while the agency conducts a study that could take more than a year.

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Hydrogen revenue jumps for world’s biggest maker of shipping containers

Bloomberg | February 08, 2024 | Energy | Alternative | Green Shipping | Maritime | Liner Shipping

The world’s biggest manufacturer of shipping containers sees a surge in revenues from its hydrogen business, in a sign the clean fuel is starting to gain commercial traction.

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Saudi Arabia takes a pause - Rystad Energy’s Oil Market Update

AJOT | February 08, 2024 | Energy

In response to Saudi Arabia's announced pause on oil production growth and in preparation for The International Petroleum Technology Conference next week in Dhahran, we're sharing a recent report on the implications of the announcement and how it affects offshore expansion plans. In addition, we’re also including some context for current cost inflation challenges and the uncertain demand environment.

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New zero-emission hydrogen-powered cargo vessel ready for operation on the Rhine

AJOT | February 08, 2024 | Energy | Alternative | Green Shipping | Maritime | Technology

Dutch shipowner Future Proof Shipping (FPS), the EU-funded Flagships project, and the Interreg-funded ZEM Ports NS project launch the groundbreaking H2 Barge 2. The hydrogen-powered vessel will ship goods completely emission-free on the Rhine between Rotterdam (NL) and Duisburg (DE).

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Clean Energy’s renewable natural gas digester at Tri-Cross Dairy begins production

AJOT | February 08, 2024 | Energy | Green Shipping

Clean Energy Fuels Corp. announced the successful completion and operational launch of its latest renewable natural gas (RNG) production facility at Tri-Cross Dairy in Viborg, South Dakota. 

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Nuclear reactor restarts in Japan have reduced LNG imports for electricity generation

AJOT | February 08, 2024 | Energy

After the 2011 Fukushima Daiichi accident, Japan suspended operations at all of its remaining 48 nuclear power reactors by 2013 and relied almost exclusively on imported natural gas to replace the lost electricity generation.

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Microsoft-backed clean jet fuel startup fires up new CO2 converter

Bloomberg | February 08, 2024 | Air Cargo | Technology | Energy | Alternative | Green Shipping

Twelve took a major step toward creating aviation fuel from captured CO2 and water, which it plans to sell to airlines in the coming years.

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Prices dip on weak fundamentals despite LNG export outages - Rystad Energy’s gas and LNG market update

AJOT | February 08, 2024 | Energy

Gas prices remain muted on weak fundamentals, even in the face of LNG export outages.

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