Energy

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

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Key Russian oil shipping rate triples after Ukraine invasion

Bloomberg | February 25, 2022 | Energy | Maritime | Bulk

Freight rates are soaring as crude buyers struggle to find shippers willing to send their vessels into Russian ports because of the shelling in and around Ukraine.

China’s plans for coal could be upset by surge in energy prices

Bloomberg | February 25, 2022 | Energy

Indian oil refiners are snapping up cheap Russian crude

Bloomberg | February 25, 2022 | Energy

DHL Global Forwarding launches GoGreen Plus Service to reduce emissions in air freight

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Biden spares Russia’s crucial energy exports from sanctions

Russian energy exports escaped sanctions from the U.S. as President Joe Biden toughens restrictions on the country while avoiding measures that could send oil prices surging even further, worsen Europe’s gas shortage and make gasoline more expensive for Americans.

Adani wins $405 million in power tariffs from Indian state

Bloomberg | February 25, 2022 | Energy

China pausing on buying Russian seaborne crude after invasion

Bloomberg | February 25, 2022 | Energy | Maritime | Bulk

South Korea preparing for energy supply crunch on Russian attack

Bloomberg | February 25, 2022 | Energy

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Deadly Nigerian oil-blast ship has peers all over the world

Bloomberg | February 24, 2022 | Energy | Maritime | Bulk

The decades-old, oil-storage ship that blew up off the coast of Nigeria recently -- killing some of its crew and spewing its contents into the Atlantic Ocean -- is one of many vessels of similar vintage dotted across the globe.

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CMA CGM launches global biofuel bunkering trial in Singapore

• The CMA CGM Group starts a global trial to scale up wider adoption of biofuel, moving forward on its path to become a Net Zero Carbon Company by 2050. • The trial will involve up to 32 containerships serving multiple key trade lanes. • CMA CGM, leading shipping’s energy transition with a fleet of 44 e-methane ready vessels by the end of 2024.

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Performance Team prepares electric charging infrastructure for Southern California warehouses

Performance Team – A Maersk Company is taking strategic actions to decarbonize logistics in their future operations. In September 2021, the company announced the order of 16 battery-operated, electric trucks from Volvo which will be delivered and operational in Southern California in Q2 2022. The first series of trucks will be tested and influence future orders.

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Eagle LNG sets another milestone with the first shore-to-ship bunkering for SIEM car carrier

Eagle LNG marked a series of firsts when it fueled the 7,500-car carrier SIEM Aristotle from its Talleyrand LNG Bunker Station at the Jacksonville Port Authority (JAXPORT) in Jacksonville, Florida. It was the first time SIEM has refueled the vessel from a landside bunkering facility and the first ship that Eagle LNG refueled of that size from the bunkering facility.

One of the world’s first dual-fuel VLCCs unveiled in South Korea

AJOT | February 24, 2022 | Energy | Maritime | Bulk

KR signs MOU for joint development of solid oxide fuel cell technology for ships

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Nikola defies market slump as it sees shipping up to 500 trucks

Nikola Corp. flouted a broad market decline as the company said it will start full-scale output of battery-electric trucks next month and deliver between 300 and 500 to customers this year.

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Natural gas interstate pipeline capacity additions decrease in 2021

AJOT | February 24, 2022 | Energy

A total of 7.44 billion cubic feet per day (Bcf/d) of interstate natural gas pipeline capacity was added in the United States during 2021, according to our recently updated Natural Gas Pipeline Projects Tracker. This amount was the lowest amount of capacity added to interstate transmission since 2016.

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Airbus to use A380 Superjumbo as hydrogen-powered test bed

The Airbus A380 represents the last superjumbo of a bygone, kerosene-guzzling era. Now the double-decker will serve as the unlikely test bed to help the industry fly into a fuel-efficient future.