Energy

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


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Trend-breaking year for renewables as residential solar up and onshore wind down in 2021

AJOT | December 23, 2021 | Energy | Alternative

Global renewable energy installations broke decade-long industry trends in 2021 as residential solar outpaced commercial and industrial (C&I) capacity and onshore wind installations declined, both for the first time, Rystad Energy research shows.

MOL introduces “BUNKER HUB” bunker oils & lubricants management system

AJOT | December 23, 2021 | Energy | Maritime | Liner Shipping

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Southeast Asia’s oil and gas output unlikely to ever exceed 5 million boepd in the post-Covid-19 era

AJOT | December 23, 2021 | Energy

The Covid-19 pandemic has marked the end of an era for Southeast Asia’s combined oil and gas production, pushing the region’s output in 2021 to below 5 million barrels of oil equivalent per day (boepd) for the first time since 1998, a threshold that is not likely to be exceeded again in the future despite new project start-ups in coming years, a Rystad Energy analysis shows.

Jet fuel joins oil recovery at last as air travel strengthens

Bloomberg | December 22, 2021 | Air Cargo | Airlines | Energy

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Colombia’s energy self-sufficiency and GDP at risk as reserves, production and investments plunge

AJOT | December 21, 2021 | Energy

Colombia, Latin America’s third-largest oil producer after Brazil and Mexico, is in danger of losing its energy self-sufficiency and a significant part of its gross domestic product (GDP) in the future, unless the pace of exploration accelerates, a Rystad Energy report has revealed.

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Damen Shoalbuster 3815 SD delivered to Caspian Offshore Construction

AJOT | December 21, 2021 | Energy | Maritime | Bulk

Damen Shipyards has delivered a new Shoalbuster 3815 SD to Caspian Offshore Construction LLP (COC). The Shoalbuster 3815 SD is one of the newest and largest vessels in the Shoalbuster range and stands out for its ability to operate in waters of no more than 120 centimetres in depth. Named the Caspian Amwaj, this new addition to COC’s fleet will initially be deployed on a project in the Arabian Gulf, the company’s first in the region.

PSWW finalizes terms of Double-H Services acquisition

AJOT | December 21, 2021 | Energy | Alternative

China’s solar industry is slowly shifting away from Xinjiang

Bloomberg | December 21, 2021 | Energy | Alternative

Russia aims to make carbon-tax system that EU will recognize

Bloomberg | December 21, 2021 | Energy | Alternative

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2021 global oil and gas discoveries projected to sink to lowest level in 75 years

AJOT | December 20, 2021 | Energy

Global oil and gas discoveries in 2021 are on track to hit their lowest full-year level in 75 years should the remainder of December fail to yield any significant finds, Rystad Energy analysis shows.

Europe hits China’s wind industry with anti-dumping duties

Bloomberg | December 20, 2021 | Energy | Alternative | International Trade

Rolls-Royce to get Qatari funding for small nuclear reactors

Bloomberg | December 20, 2021 | Energy | Alternative

Bolloré Logistics launches its SEAalternative offer

AJOT | December 17, 2021 | Energy | Alternative | Logistics

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US electric power sector’s use of water continued its downward trend in 2020

AJOT | December 17, 2021 | Energy

The U.S. electric power sector’s cooling water withdrawals fell 10.5% from 53.1 trillion gallons in 2019 to 47.5 trillion gallons in 2020, continuing the downward trend in withdrawals. The decline has been driven by the increased use of renewable and natural gas-fired generation in place of coal-fired generation, as well as less use of once-through cooling technologies.

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