Energy

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

Coal giant told to boost output to ease india’s power crisis

Bloomberg | October 06, 2021 | Energy | Conventional

China releases Australian coal trapped in storage, Reuters says

Bloomberg | October 06, 2021 | Energy | Conventional

Oil prices continue to gain after OPEC+ meeting left supply plan unchanged - Rystad Energy

AJOT | October 05, 2021 | Energy | Conventional | By The Numbers

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A change in China’s tax policy is affecting Asia’s petroleum product trade

AJOT | October 05, 2021 | Energy | Conventional | By The Numbers

In June of this year, China implemented a new consumption tax policy that affects imports of two fuels: mixed aromatics, which were blended into gasoline, and light cycle oil, which was blended into diesel.

OPEC+ meeting outcome drives new price rally - Rystad Energy

AJOT | October 04, 2021 | Energy | Conventional | By The Numbers

Initial UC Statement on Newport Beach oil spill response

AJOT | October 04, 2021 | Energy | Conventional

Oil flat, waiting for OPEC+ to show the way forward - Rystad Energy

AJOT | October 04, 2021 | Energy | Conventional | By The Numbers

Sovcomflot and NOVATEK expand cooperation

Oil dips ahead of OPEC+ key meeting, while market surprised by US stock builds - Rystad Energy

AJOT | October 01, 2021 | Energy | Conventional | By The Numbers

Russia projects higher gas exports this year amid energy crunch

Bloomberg | September 30, 2021 | Energy

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In 2021, natural gas generated a larger share of revenue for selected US oil producers

AJOT | September 30, 2021 | Energy

Among 54 publicly traded crude oil producing companies, natural gas revenue accounted for 14% of total revenue in the first-quarter 2021. That percentage is the highest share among these oil-producing companies since at least 2018. The share of revenue associated with natural gas among these companies decreased to 10% during the second quarter of 2021, but it could remain relatively high as natural gas prices continue to increase.

Vineyard Wind announces partnership with Crowley, City of Salem to transform harbor into offshore wind port

Energy

AJOT | Top Story | September 30, 2021

Vineyard Wind announces partnership with Crowley, City of Salem to transform harbor into offshore wind port

• Project will create hundreds of jobs • Crowley to redevelop Salem port site • Vineyard Wind partners to serve as anchor tenants

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Iron battery breakthrough could eat lithium’s lunch

Bloomberg | September 30, 2021 | Energy | Alternative

Iron-flow technology from ESS is being deployed at scale in the U.S.

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Most planned US battery storage additions in next three years to be paired with solar

AJOT | September 29, 2021 | Energy

Of the 14.5 gigawatts (GW) of battery storage power capacity planned to come online in the United States from 2021 to 2024, 9.4 GW (63%) will be co-located with a solar photovoltaic (PV) power plant, based on data reported to us and published in our Annual Electric Generator Report. Another 1.3 GW of battery storage will be co-located at sites with wind turbines or fossil fuel-fired generators, such as natural gas-fired plants. The remaining 4.0 GW of planned battery storage will be located at standalone sites.

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Ensuring floating wind realizes its potential

Floating wind can play a major role in the world reaching carbon neutrality in the coming decades, but as a maturing technology there is not yet a standard implementation proven at commercial scale. Francisco Rodrigues, Mammoet Global Segment Lead for Offshore Wind, discusses how engineered heavy lifting and logistics can help this exciting technology to mature and realize its potential.

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Breaking records left and right, Argentina’s Vaca Muerta is the world’s quickest growing shale play

AJOT | September 29, 2021 | Energy

Argentina’s Vaca Muerta shale play, having registered strong growth in oil and gas production and well activity levels in recent months, has emerged as the world’s fastest growing major shale basin, a Rystad Energy report shows. A record number of wells were completed and put on production (POP), propelling the play’s oil and gas output to new highs in July and August, and charting a course for even more growth by year-end. This surge from Vaca Muerta is poised to lift Argentina’s country-wide oil production to the highest level in years, with the play’s competitiveness also rising against US basins.

Interior Department announces environmental review of proposed wind energy projects offshore New Jersey

Oil markets and the winter energy crisis

AJOT | September 29, 2021 | Energy

U.K. sees fuel crisis still days from resolving as lines persist

Energy

Bloomberg | Top Story | September 29, 2021

U.K. sees fuel crisis still days from resolving as lines persist

Transport Secretary Grant Shapps urged Britons to stop panic-buying gas as the Petrol Retailers Association warned that a U.K. supply crisis that has led to pumps running dry is still days away from being sorted.