Energy

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


RINA approves first MR tanker to exceed IMO 2050 targets using fossil fuels 

AJOT | February 21, 2022 | Energy | Alternative | Maritime | Technology

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Mammoet-Giant Taiwan ensures timely delivery of offshore wind pin piles

AJOT | February 21, 2022 | Energy | Alternative | Project / Heavy Lift | Maritime Project

Mammoet-Giant Taiwan is currently transporting a total of 333 pin piles for the construction of Greater Changhua 1 & 2a Offshore Wind Farms. The team is also supporting Heerema Marine Contractors (HMC) with the load-in and load-out of equipment and supplies for the working vessel; transport and temporary storage for offshore equipment and maintenance of two pin pile hammer heads, weighing 700t each.

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Wind power Is back in Europe as storms spur record output

Bloomberg | February 21, 2022 | Energy | Alternative

Wind power is making a comeback in Europe as three named stormed battered the region in the past week, helping ease reliance on fossil fuels just as tensions over Ukraine are running high.

Storm Eunice cuts power, disrupts travel across Europe

Bloomberg | February 20, 2022 | Energy

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Don’t call it a comeback: Coal power increased in Europe in 2021 on gas supply concerns and limited alternatives

AJOT | February 18, 2022 | Energy | Conventional | By The Numbers

Following several years of strategic de-carbonization of the European power market, preliminary numbers suggest coal-generated electricity increased in the region last year for the first time in almost a decade, rising 18% from 470 terawatt-hours (TWh) in 2020 to 579 TWh, Rystad Energy research shows.

Pakistan seeks LNG spot cargoes to cover canceled shipments

Bloomberg | February 18, 2022 | Energy | Conventional

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Wilhelmsen acquires stake in Reach Subsea

AJOT | February 17, 2022 | Energy | Alternative | Project / Heavy Lift | Maritime Project

Wilhelmsen has acquired a 21% stake in Reach Subsea ASA. This further positions Wilhelmsen in the renewable value chain along with recognizing the substantial potential in Reach’s innovative remote subsea concept.

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US marketed natural gas production forecast to rise in 2022 and 2023

AJOT | February 17, 2022 | Energy

We forecast that U.S. natural gas marketed production will increase to an average of 104.4 billion cubic feet per day (Bcf/d) in 2022 and then further increase to a record-high 106.6 Bcf/d in 2023, according to our latest Short-Term Energy Outlook (STEO). Around 97% of production over the next two years will come from the Lower 48 states (L48), excluding the Federal Offshore Gulf of Mexico (GOM). The other 3% will come from Alaska and the GOM.

Mexico refinery push risks return to shunned oil imports

Bloomberg | February 17, 2022 | Energy

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Flying cabs steal thunder at airshow as clean future beckons

Bloomberg | February 17, 2022 | Air Cargo | Technology | Energy | Alternative

Electric flying taxis took center stage at the Singapore Airshow this week as pressure to cut emissions and rebound from the pandemic leads airlines to invest in short, battery-powered hops to spur future growth.

Mexico refining push risks return of once-shunned oil imports

Bloomberg | February 17, 2022 | Energy | International Trade

Coal boom triggers Mozambique’s biggest port to triple capacity

Bloomberg | February 16, 2022 | Energy | Ports & Terminals

New initiative launched to better define carbon intensity for hydrogen

AJOT | February 16, 2022 | Energy | Alternative

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US crude oil production forecast to rise in 2022 and 2023 to record-high levels

AJOT | February 16, 2022 | Energy

In our February 2022 Short-Term Energy Outlook (STEO), we forecast that crude oil prices will remain high enough to drive U.S. crude oil production to record-high levels in 2023, reaching a forecast 12.6 million barrels per day (b/d). We expect new production in the Permian Basin to drive overall U.S. crude oil production growth.

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Ten years and four million miles later, Orange EV leads heavy duty electric truck market

AJOT | February 16, 2022 | Energy | Alternative | Intermodal | Trucking

Founded in 2012, Orange EV now has the most zero emission trucks operating in the U.S.

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US electric mail truck push stalls without more funding

Bloomberg | February 16, 2022 | Energy | Alternative | Intermodal | Trucking

The White House wants USPS to order more electric vehicles. The issue, as always, comes down to money

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