Energy

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

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Ammonia attracts the shipping industry, but researchers warn of its risks

Switching to ammonia as a marine fuel, with the goal of decarbonization, can instead create entirely new problems.

US solar boom opens $2 billion Indian door to banned products from China

Energy

Bloomberg | Top Story | February 05, 2024

US solar boom opens $2 billion Indian door to banned products from China

US efforts to promote the expansion of India’s solar industry may have opened a back door to components made with forced labor in China.

House to vote on reversing Biden’s natural gas-export freeze

Energy

Bloomberg | Top Story | February 05, 2024

House to vote on reversing Biden’s natural gas-export freeze

The US House of Representatives will vote on overturning the Biden administration’s freeze on liquefied natural gas export approvals, a top Republican said.

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Europe’s solar power generation to grow 50 TWh in 2024 as Germany doubles down on PV

AJOT | February 05, 2024 | Energy | Alternative

Despite a record-breaking 60 gigawatts direct current (GWDC) of solar PV capacity expansion in 2023, solar power generation in Europe saw a modest increase of about 20%. This year, however, will be another story.

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Revoy launches the ultimate scalable sustainability solution for trucking

Revoy instantly converts diesel tractors into hybrids, increasing MPG by over 150%, lowering carbon emissions, and enabling large fuel savings for trucking companies.

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United Arab Emirates invests to meet 2027 crude oil production capacity goal

AJOT | February 05, 2024 | Energy

The United Arab Emirates (UAE) has invested heavily in increasing hydrocarbon production capacity and developing midstream and downstream infrastructure to accommodate future growth in hydrocarbon production. However, over the past 10 years, UAE actual production has averaged just less than 3 million barrels per day (b/d) because of production cut agreements between OPEC and non-OPEC participating countries (collectively known as OPEC+), according to our Country Analysis Brief: United Arab Emirates.

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Oldendorff Carriers to significantly reduce emissions by outfitting three Norsepower Rotor Sails™ to a post-Panamax bulk carrier

Oldendorff and Norsepower have announced an agreement to use Norsepower Rotor Sails™ to further reduce CO2 emissions on a modern bulk carrier.

Ulsan Port, South Korea, leads the way in the supply of sustainable marine fuel

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US tells allies energy flows are secure despite LNG freeze

Bloomberg | February 05, 2024 | Energy

The US emphasized to importers of liquefied natural gas that the Biden administration’s freeze on new approvals for exports is a “pause” that does not threaten the flow of vital energy supplies.