Energy

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

Oil down US Fed policy anticipation as the dollar strengthens - Rystad Energy

AJOT | November 12, 2021 | Energy | Conventional | By The Numbers

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EIA: U.S. natural gas in storage in early November is 3% below the recent average

AJOT | November 12, 2021 | Energy | Conventional | By The Numbers

As we enter winter, working natural gas in underground storage facilities in the Lower 48 states measured 3,618 billion cubic feet (Bcf) on November 5, according to our Weekly Natural Gas Storage Report released on November 10.

Eni says managers withheld information in illegal Iran oil trade

Bloomberg | November 12, 2021 | Energy | Conventional | International Trade

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New hybrid vessels deliver impressive 20% emission savings and flexible transport to the wind farm industry

Two leaders in marine electrification, Volvo Penta, and Danfoss’ Editron division, have worked together to power two of the UK’s first fully integrated hybrid electric crew transfer vessels (CTVs). The vessels have been in operation at an offshore wind farm for a month and are already making a positive environmental impact.

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Asia solar manufacturers soar after US says no to tariff probe

Chinese solar manufacturers are surging after the U.S. rejected a request to investigate whether they were circumventing existing tariffs, a move that critics warned would drive up costs for clean power and escalate tensions with China.

US won’t open solar-trade probe into Asian manufacturers

Energy

Bloomberg | Top Story | November 11, 2021

US won’t open solar-trade probe into Asian manufacturers

The U.S. rejected a request to launch an investigation into Asian solar manufacturers that critics warned would drive up costs for clean power and escalate tensions with China.

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Biden faces pleas for oil export ban that would upend markets

Bloomberg | November 11, 2021 | Energy

President Joe Biden faces growing pressure even from fellow Democrats to address rising gasoline prices with measures such as a ban on oil exports, a move that could upend global markets, discourage shale drilling and end up not helping American drivers that much.

Surprise US-China climate deal breaks through superpower standoff

Bloomberg | November 11, 2021 | Energy | Alternative | People

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SEA-LNG supports Global Methane Pledge

SEA-LNG, a coalition of businesses across the maritime LNG value chain, today voiced its support for the Global Methane Pledge. SEA-LNG welcomes the increased backing for the pledge by countries attending COP26 this week.

SAF offtake with Southwest Airlines

AJOT | November 10, 2021 | Air Cargo | Airlines | Energy

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Zero-carbon shipping plan targets container, iron ore routes

Shipping routes for the transport of iron ore from Australia to Japan and containerized goods from East Asia to Europe are at the center of plans to slash maritime carbon emissions by 2030.

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Mammoet launches offshore wind innovation challenge

Company challenges innovators to find a solution for transferring and lifting components to floating and fixed-bottom offshore wind turbines

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US electricity customers experienced eight hours of power interruptions in 2020

AJOT | November 10, 2021 | Energy

On average, U.S. electricity customers experienced just over eight hours of electric power interruptions in 2020, the most since we began collecting electricity reliability data in 2013.

Mining tycoon races to build world’s first ammonia-fueled cargo ship

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EV sales set to smash records with 7 million cars in 2021 while crossing the 10% annual threshold

AJOT | November 10, 2021 | Energy | Alternative

Electric vehicle (EV) sales are projected to surpass 7 million cars globally in 2021, more than doubling 2020 sales of 3.2 million. Rystad Energy estimates that EVs, including plug-in hybrid electric vehicles (PHEV) and battery electric vehicles (BEV), will account for around one in every 10 new cars purchased, with a global market share of 10.3%, up from 5.3% in 2020.