Energy

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

Shipping’s greener fuel quest runs into climate complications

Bloomberg | August 16, 2023 | Energy | Alternative

ElectraMeccanica and Tevva announce proposed merger agreement

AJOT Newsroom | August 15, 2023 | Energy | Alternative

ElectraMeccanica, a designer and assembler of electric vehicles, and Tevva, a pioneer in electric medium- and heavy-duty commercial vehicles (“Tevva”), today announced that they have entered into a definitive arrangement...

Today in energy: U.S. natural gas pipeline exports to Mexico set a monthly high in June 2023

AJOT Newsroom | August 15, 2023 | Energy

U.S. natural gas pipeline exports to Mexico averaged a record 6.8 billion cubic feet per day (Bcf/d) for June 2023, which is 0.1 Bcf/d greater than the previous record set in June 2021, according to data from Wood Mackenzie...

Today In Energy: Higher energy prices push United States energy trade with Canada to record-high value

AJOT Newsroom | August 14, 2023 | Energy

In 2022, the value of energy trade between the United States and Canada surpassed the previous 2008 record high on the back of high commodity prices, according to data from the U.S. Census Bureau.

Singapore open to importing electricity from India, ST says

Bloomberg | August 13, 2023 | Energy

India’s Russia oil buying spree goes on even as prices rise

Bloomberg | August 11, 2023 | Energy

EIA-Natural gas weekly update report - August 10, 2023

AJOT Newsroom | August 11, 2023 | Energy

Over the past 10 years (2013‒22), global regasification capacity has grown by 49% (45.8 Bcf/d) to reach 140.0 Bcf/d across 48 countries...

PSA BDP and Dow India collaborate creating zero-emissions green transport corridor in Nhava Sheva with electric trucks in 2024

AJOT Newsroom | August 11, 2023 | Energy | Alternative

This new zero-emission transportation solution is unique to the Indian market and will create an integrated and eco-friendly combination of services from PSA BDP, that delivers...

Imperial Petroleum Inc. announces pricing of approximately $17.0 million registered direct offering

AJOT Newsroom | August 11, 2023 | Energy

The offering is expected to close on or about August 15, 2023, subject to the satisfaction of customary closing conditions...

Global oil demand hits record and prices may climb, IEA says

Bloomberg | August 11, 2023 | Energy

Global oil demand has surged to a record amid robust consumption in China and elsewhere, threatening to push prices higher, the International Energy Agency said.

Taylor Machine Works and Cummins announce plans to integrate hydrogen engines into Taylor lift trucks and container handlers

This collaboration will help realize the decarbonization goals of industrial steel, wood products, concrete, oil and gas, and port operations markets.

Crowley, Port of San Diego celebrate groundbreaking for all-electric tugboat charging station

Crowley and the Port of San Diego broke ground for the shoreside charging station designed to provide clean energy for the company’s forth-coming zero-emissions tugboat, eWolf.

TTF rises 30% on Australian strike risks - Rystad Energy’s Gas and LNG Market Update

AJOT Newsroom | August 10, 2023 | Energy

The price for front-month gas at the Dutch Title Transfer Facility (TTF) surged by about 30% on Wednesday, 9 August, surpassing $12 per million British thermal units (MMBtu) on news of potential LNG facility strikes in Australia.

First-quarter capital spending by public U.S. oil companies up, cash from operations down

AJOT Newsroom | August 10, 2023 | Energy

Financial results for 40 publicly traded U.S. oil exploration and production (E&P) companies show capital expenditure in the first quarter of 2023 increased from the fourth quarter of 2022, even though cash from operations declined.

In rare controversial trade, Russian oil tanker heads to Ghana

Bloomberg | August 10, 2023 | Energy | Maritime | Bulk

China’s sluggish economy and impact on the global supply chain - Rystad Energy’s Supply Chain Market Update

AJOT Newsroom | August 10, 2023 | Energy

Given China’s role in the global economy, the country’s fortunes significantly impact materials and equipment pricing worldwide.

New pumped-storage capacity in China is helping to integrate growing wind and solar power

AJOT Newsroom | August 09, 2023 | Energy | Alternative

China is building pumped-storage hydropower facilities to increase the flexibility of the power grid and accommodate growing wind and solar power.

Duvenbeck: fully electric terminal tractor passes its practical test

The freight forwarding and logistics company, Duvenbeck, is taking another step towards switching its fleet to low-emission vehicles.

Volvo Group recalls electric trucks in US after battery fire

Volvo AB is recalling nearly all battery-powered electric trucks in the US that were made over the past four years because of an issue that may potentially cause a battery fire.

US oil output to hit record this year, helping counter Saudi cuts

Bloomberg | August 08, 2023 | Energy

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