Energy

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

Shell delivers first gas from the Timi platform in Malaysia

AJOT Newsroom | August 28, 2023 | Energy

US energy exports on agenda for G-7 meeting, McCarthy says

Bloomberg | August 27, 2023 | Energy

Energy

AJOT Newsroom | August 25, 2023

Canopée: first hybrid industrial cargo ship powered by wind

Canopée is the world's first hybrid industrial cargo ship powered by wind. Developed to meet ArianeGroup's logistical requirements notably, this new-generation vessel will...

Turkey seeks Iraq revenue-sharing deal to restart oil flows

Bloomberg | August 25, 2023 | Energy

Turkey is attempting to broker a deal between the central Iraqi government and the semi-autonomous Kurdish administration over how to resume Iraqi crude-oil exports via its territory, according to Turkish officials.

For global oil markets, a US-Iran deal is already happening

Bloomberg | August 25, 2023 | Energy

While Iran and the US make wary diplomatic overtures, a return to their lapsed nuclear agreement remains a distant prospect. But for world oil markets, a pact is already taking effect.

Morgan Stanley Infrastructure Partners, Crowley advance U.S. wind energy

AJOT Newsroom | August 24, 2023 | Energy | Alternative | Ports & Terminals

Morgan Stanley Investment Management (“MSIM”), through Morgan Stanley Infrastructure Partners (“MSIP”), and U.S. maritime, energy and logistics solutions leader Crowley announced the creation of a new joint venture to advance offshore wind energy solutions for the United States.

Corvus awarded battery supply for the world`s largest battery electric ship

Corvus Energy, the world’s leading provider of zero-emission solutions for the maritime industry, is has announced that the company has been selected by technology group Wärtsilä to supply the battery systems for the world`s largest 100% electric lightweight Ro-Pax ferry.

Israeli energy minister agrees to more gas exports for Egypt

Bloomberg | August 23, 2023 | Energy

Great Lakes awarded the dredge and environmentally beneficial disposal contract for the Port Arthur LNG project

AJOT Newsroom | August 23, 2023 | Energy | Conventional | Ports & Terminals

Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”), the largest provider of dredging services in the United States, announced today the award for the Port Arthur LNG Phase 1 project Marine Dredging and Disposal contract.

Prices and higher well productivity drive up U.S. crude oil production forecast

AJOT Newsroom | August 23, 2023 | Energy

In our August Short-Term Energy Outlook (STEO), we increased our forecast for U.S. crude oil production in the Lower 48 states (L48) in 2023 and 2024 because of higher well productivity and higher forecast crude oil prices than we had previously expected.

Mystery solved: Norway’s persistent road fuel demand won’t last amid rapid EV adoption

AJOT Newsroom | August 23, 2023 | Energy

Road fuel demand in Norway has remained relatively stable even with soaring electric vehicle (EV) adoption, raising questions about whether EVs really have a material impact on diesel and gasoline sales.

Iran aims to boost oil output, complicating OPEC+ and US efforts

Bloomberg | August 22, 2023 | Energy

Commercial energy use increased in eight states in 2021 over pre-pandemic levels

AJOT Newsroom | August 22, 2023 | Energy

More energy was consumed in the commercial sectors of eight U.S. states in 2021 than in 2019, before the COVID-19 pandemic.

Energy

AJOT Newsroom | August 22, 2023

Revolution Wind receives federal record of decision

Revolution Wind today announced receipt of its Record of Decision (ROD) from the U.S. Department of the Interior's Bureau of Ocean Energy Management (BOEM), successfully reaching a major milestone in the federal environmental review process for the offshore wind project serving Rhode Island and Connecticut.

An eTrailer achieves a significant reduction in diesel consumption and CO2 emissions in a field test

Trailer Dynamics and Duvenbeck are successfully joining forces to decarbonise heavy goods traffic on roads

KR publishes research report on material compatibility for liquid hydrogen storage for ships

Hydrogen automaker H2X Global secures US$57M from North American firm to deliver on US$300M in orders

AJOT Newsroom | August 22, 2023 | Energy | Alternative | Green Shipping

Solar developers blast specter of new US tariffs as blow to climate

Renewable power developers blasted a US government decision that will slap new tariffs on solar exports from Southeast Asia, saying the move will slow clean energy deployment and harm climate progress.

Energy

Bloomberg | August 21, 2023

Cargill tests 123-foot-tall sails in effort to slash fuel burn

The biggest agricultural trader in the world turns to an old-tech solution as commercial shipping looks for ways to clean up its act.

Southeast Asia’s renewable investment to top $76 billion by 2025, boosting energy independence and competitiveness

AJOT Newsroom | August 21, 2023 | Energy | Alternative

Southeast Asian national oil companies (NOCs) and traditional upstream players are progressively focusing on cleaner and more environmentally friendly energy initiatives.

Energy

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