Energy

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


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Super-sized offshore wind installations could suffer bottlenecks from 2024 as vessels remain lightweight

AJOT | February 02, 2022 | Energy | Alternative | Project / Heavy Lift | Maritime Project

Offshore wind turbines are growing in size as technology advances and demand for renewable energy soars but installing them could be a headache for operators as demand will outpace the supply of capable vessels by 2024, Rystad Energy research shows.

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US airlines’ 2021 total fuel use decreases 25% from pre-pandemic 2019

AJOT | February 02, 2022 | Air Cargo | Airlines | Energy

December 2021 fuel use down 13% from December 2019

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Mexico declares lithium too strategic for private investors

Bloomberg | February 02, 2022 | Energy | Alternative | International Trade

Mexico’s President Andres Manuel Lopez Obrador is ratcheting up nationalistic rhetoric around the country’s untapped lithium deposits, signaling private capital isn’t welcome in the industry.

Turkey’s trade gap widens most in 10 years as energy bill swells

Bloomberg | February 02, 2022 | Energy | International Trade

European fuel terminals halted by ‘IT issues’ amid German hack

Bloomberg | February 02, 2022 | Energy | Ports & Terminals

Beam Global announces record deliveries in 2021

AJOT | February 01, 2022 | Energy | Alternative

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Five states updated or adopted new clean energy standards in 2021

AJOT | February 01, 2022 | Energy

As of the end of 2021, 31 states and the District of Columbia had renewable portfolio standards (RPS) or clean energy standards (CES). These polices require electricity suppliers to supply a set share of their electricity from designated renewable resources or carbon-free eligible technologies. Four states—Delaware, Oregon, North Carolina, and Illinois—updated their RPS or CES policies in 2021. In addition, Nebraska approved its first clean energy goal in December 2021, becoming the 20th U.S. state to commit to 100% clean electricity by 2050.

Shell’s Potter appointed as new OCIMF Chairman

AJOT | February 01, 2022 | Energy | Maritime | Bulk

Indonesia lifts ban on coal exports on improving local supply

Bloomberg | February 01, 2022 | Energy | International Trade | Commodity

NOLA Oil Terminal approved for $300 million tax exempt bond issuance

AJOT | February 01, 2022 | Energy | Ports & Terminals

EU seeks to counter China’s influence over global standards

Bloomberg | February 01, 2022 | Energy | Alternative

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US natural gas inventories near five-year average after mild December, cold January

AJOT | January 31, 2022 | Energy

After starting the winter heating season (November–March) below its previous five-year average, Lower 48 working natural gas in storage surpassed its five-year average in mid-December during one of the warmest Decembers on record. However, colder-than-normal temperatures in early January, along with increased liquefied natural gas (LNG) exports and increased power demand compared with last year, have lessened these gains, and working natural gas is again less than the five-year average.

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