Energy

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


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Solar and battery storage to make up 81% of new U.S. electric-generating capacity in 2024

AJOT | February 15, 2024 | Energy

Developers and power plant owners plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024, according to our latest Preliminary Monthly Electric Generator Inventory...

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Holy Boss Cap propeller hub delivers on fuel efficiency

AJOT | February 15, 2024 | Energy | Alternative

Holy Boss Capp more efficient that existing propeller hub caps...

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China’s oil imports from Iran tumble to 11-month low, Kpler says

Bloomberg | February 14, 2024 | Energy

China’s imports of Iranian crude tumbled to the lowest level in 11 months, according to data from intelligence firm Kpler, following a standoff over the price of oil from the OPEC producer.

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Today in Energy: Industry to drive tripling of natural gas consumption in India by 2050

AJOT | February 14, 2024 | Energy

In our International Energy Outlook 2023 (IEO2023), we project natural gas consumption to more than triple in India by 2050. We project annual growth of 4.4% over that period, more than twice the 2.0% annual growth rate of natural gas consumption in China, the next-fastest-growing country...

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Endeavor’s Stephens is richest US oilman after Diamondback deal

Bloomberg | February 14, 2024 | Energy

Over the past six decades, Autry Stephens has worn nearly every hat in the oil industry, from trucker to driller to engineer.

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MOL, Woodside, South Korean Shipbuilder HD KSOE and Hyundai Glovis study transport of liquefied hydrogen

AJOT | February 14, 2024 | Energy | Alternative | Maritime | Technology

"Mitsui O.S.K. Lines, Ltd. today announced the signing of a non-binding memorandum of understanding (MoU) with Woodside Energy Ltd (Woodside), a major Australian energy company and shipbuilding and engineering company HD Korea Shipbuilding and Offshore Engineering Co., Ltd. (HD KSOE) and shipping company Hyundai Glovis Co., Ltd....

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Tankers tied to the Russian oil trade grind to a halt following US sanctions

Bloomberg | February 13, 2024 | Energy | Maritime | Bulk

A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher measures by western regulators might be starting to have tangible effects on Moscow.

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Today in Energy: What is the outlook for the natural gas spot price in 2024 and 2025?

AJOT | February 12, 2024 | Energy

We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per million British thermal units (MMBtu), in our February Short-Term Energy Outlook (STEO)...

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Survitec secures approval for DCP upgrade for AF fuels

AJOT | February 12, 2024 | Energy | Alternative

SURVITEC receives type approval for dry chemical powder system upgrades to support move to alternative fuels...

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LDA and Norsepower join forces in shipping large Airbus aircraft components

AJOT | February 12, 2024 | Energy | Alternative | Green Shipping | Maritime | Technology

The next generation Norsepower Rotor Sail™ control system provides Louis Dreyfus Armateurs with better efficiency and real-time savings reports, guaranteeing the timely and environmentally friendly moving of Airbus aircraft components.

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Latest US oil sanctions make Greek owners wary of Russian return

Bloomberg | February 09, 2024 | Energy | Maritime | Bulk

US sanctions on firms moving Russian oil may be turning up the pressure on the Kremlin — but they risk scuppering efforts to drive the nation’s petroleum trade out of the shadows.

Russian oil tanker U-turns hours after being hit by US sanctions

Bloomberg | February 09, 2024 | Energy | Maritime | Bulk

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Biden’s natural gas export freeze probed by House committee

Bloomberg | February 08, 2024 | Energy

A House committee is probing the Biden administration’s decision to pause liquefied natural gas export approvals, asking the Energy Department to justify why a moratorium on project approvals is needed while the agency conducts a study that could take more than a year.

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