Energy

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

HVS identifies five-point plan to accelerate the hydrogen heavy goods vehicle transition

• HVS is revolutionizing the heavy goods vehicle sector with its new hydrogen fuel-cell HGV • But with more clarity needed over policy, regulatory timescales, government funding support and infrastructure rollout, both vehicle manufacturers and fleet operators face significant challenges • HVS today set outs a comprehensive plan focusing on five key areas to support the potential of hydrogen-powered HGVS and drive faster decarbonisation in this sector we all depend on. • HVS’ plan outlines a roadmap enabling the UK to maintain its lead and remain competitive in this crucial global market, with an overarching mission to support climate targets

Weaker European gas prices push LNG imports to lowest since 2021

Bloomberg | August 02, 2023 | Energy

Qatar natural gas production and exports stable as country eyes expansion

AJOT Newsroom | August 02, 2023 | Energy

In 2021, Qatar was the world’s sixth-largest dry natural gas producer, the second-largest liquefied natural gas (LNG) exporter, and the third-largest holder of natural gas reserves, according to the data in our recently updated Country Analysis Brief: Qatar.

U.S. airlines’ June 2023 fuel cost per gallon down 0.7% from May 2023; aviation fuel consumption down 1.1% from pre-pandemic June 2019

Bob Kirk | August 02, 2023 | Air Cargo | Airlines | Energy

The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ June 2023 fuel cost and consumption numbers indicating U.S. scheduled service airlines used 1.597 billion gallons of fuel, 2.0% more fuel than in May 2023 (1.566 billion gallons) and 1.1% less than in pre-pandemic June 2019.

Euromonitor’s first-ever Global Energy Vulnerability Index highlights international risk of energy shocks

AJOT Newsroom | August 02, 2023 | Energy

• Norway, Canada, Australia and the US are top performers due to diverse mix of energy sources and high self sufficiency • Belarus and Lebanon rank at the bottom as both countries lack resources and struggle with energy efficiency • Singapore and Hong Kong rank in bottom 10 because of high dependence on energy imports • European countries better positioned than many with renewables and economic resilience but heavy reliance on imports raises exposure

More Russian oil trades above G-7 price cap despite sanctions

Bloomberg | August 02, 2023 | Energy

Energy

Bloomberg | August 02, 2023

Tesla wants to build a semi truck-charging route from Texas to California

Tesla Inc. is seeking nearly $100 million from the US to build nine electric semi-truck charging stations along a route from the southern border of Texas to northern California, according to emails seen by Bloomberg News.

Global demand for coal Is bringing mayhem to South African towns

Bloomberg | August 01, 2023 | Energy | Trucking

Orders reached a record last year and grew further still in the first half of 2023. The highways and communities of South Africa are collateral damage

Traders pay $200,000 a day to ship gas as tankers become scarce ahead of winter

Bloomberg | August 01, 2023 | Energy | Maritime | Bulk

Traders are poised to shell out more than $200,000 a day to ship liquefied natural gas in the coming months as tankers grow scarce ahead of winter, when demand for the heating fuel peaks.

India’s oil imports from Russia extend decline ahead of curbs

Bloomberg | August 01, 2023 | Energy

U.S. Department of Energy launches program to expand state and local capacity for renewable energy planning, siting and permitting

AJOT Newsroom | August 01, 2023 | Energy | Alternative | Green Shipping

Today, the U.S. Department of Energy (DOE) launched a new initiative to support states and local communities as they plan for and evaluate proposed development of large renewable energy facilities.

Robust final Central Atlantic wind energy areas key to supply chain investments

AJOT Newsroom | August 01, 2023 | Energy | Alternative | Green Shipping

Conventional oil and gas exploration activity grows, but discovered volumes remain elusive

AJOT Newsroom | August 01, 2023 | Energy

Spending on conventional oil and gas exploration is rebounding and expected to top $50 billion this year, the highest since 2019, but operators are still waiting for the results they had hoped for.

Mexico’s largest oil-export terminal shut as summer demand jumps

Bloomberg | August 01, 2023 | Energy

New direct lithium extraction technology will help double output to meet demand from EVs innovation, says Cleantech Group

AJOT Newsroom | August 01, 2023 | Energy | Alternative | Green Shipping

First new U.S. nuclear reactor since 2016 is now in operation

AJOT Newsroom | August 01, 2023 | Energy | Alternative

A new reactor at Georgia’s Vogtle nuclear power plant is now in commercial operation, according to an announcement from Georgia Power, one of the plant’s owners. It is the first new nuclear reactor to start up in the United States since the Tennessee Valley Authority’s Watts Bar 2 was commissioned in 2016.

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