Energy

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


Oil demand to buckle in India as Covid surge wreaks havoc

Bloomberg | April 23, 2021 | Energy | Conventional

Engen converting South Africa’s oldest refinery to terminal

Bloomberg | April 23, 2021 | Energy | Conventional | Ports & Terminals | Terminals

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A gas boom is coming in the US; A closer look at Haynesville and Appalachia reveals records and a risk

AJOT | April 22, 2021 | Energy

Natural gas production in the US is set to grow to a new record in 2022, at 93.3 billion cubic feet per day (Bcfd) and will continue to rise further, exceeding 100 Bcfd in 2024, a Rystad Energy analysis shows. As a result, the performance of the country’s key gas basins is going to attract increased interest from investors and markets, with CO2 emissions intensity, capital efficiency and potential bottlenecks drawing close scrutiny.

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Planned refinery outages unlikely to affect US transportation fuel supplies

AJOT | April 22, 2021 | Energy

According to EIA analysis, planned refinery outages during the second quarter of 2021 are unlikely to cause a significant shortfall in the supply of petroleum products in the United States, particularly in transportation fuels including gasoline, jet fuel, and distillate fuel. Despite the severe winter storm in mid-February and related unplanned outages in the Midwest and Gulf Coast regions, adequate inventory levels and lower-than-average demand will enable refineries to meet supply requirements despite planned outages for maintenance in the second quarter of 2021.

Engen to convert oldest South Africa refinery to import terminal

Bloomberg | April 22, 2021 | Energy | Ports & Terminals

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Texas likely to add record utility-scale solar capacity in the next two years

AJOT | April 21, 2021 | Energy

Texas, already the U.S. state with the most wind energy capacity, is catching up to California in utility-scale solar capacity. California currently has the most installed utility-scale solar capacity of any state. According to survey reports on EIA’s Preliminary Monthly Electric Generator Inventory, Texas will add 10 gigawatts (GW) of utility-scale solar capacity by the end of 2022, compared with 3.2 GW in California. One-third of the utility-scale solar capacity planned to come online in the United States in the next two years (30 GW) will be in Texas.

Atlantic Wind Transfers partners with DNV for integrated Management System certification

AJOT | April 21, 2021 | Energy | Project / Heavy Lift | Maritime Project

SEA-LNG warns against delay in addressing shipping decarbonization

AJOT | April 20, 2021 | Energy | Maritime | Technology

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EIA expects US natural gas consumption to continue decreasing in 2021 and 2022

AJOT | April 20, 2021 | Energy

EIA’s April Short-Term Energy Outlook (STEO) forecasts decreased total U.S. natural gas consumption in 2021 and 2022 following a decline in 2020. Consumption in 2020 was 1.9 billion cubic feet per day (Bcf/d) lower than the all-time high of 85.1 Bcf/d set in 2019. Total consumption declined as a result of the economic slowdown associated with the COVID-19 pandemic and lower heating demand amid milder temperatures. Although we expect natural gas consumption to continue to fall in 2021 and 2022, changes in sector-level natural gas consumption show different trends than in 2020.

Beam Global appoints Floyd to Board of Directors

AJOT | April 20, 2021 | Energy | Intermodal | Trucking

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X-Gas Project leads the charge in next generation sustainable fuel transport & bunkering

AJOT | April 19, 2021 | Energy | Maritime | Technology

The X-gas Project is a series of innovative and unconventional, medium-capacity Liquified Gas / Gas bunkering tankers designed by KNUD E. HANSEN. The flagship design of the project is a 126.5 metre vessel with a total cargo capacity of 9,000 cubic metres, split between two Type C tanks. The platform, however, is highly customizable and can be tailored to accommodate a range of tank capacities, as well as various containment systems including membrane tanks.

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Covid-19 update: Road fuels lead global oil demand recovery in 2021, jet fuel still feels the hangover

AJOT | April 16, 2021 | Energy

Rystad Energy’s comprehensive Covid-19 monthly report calculates the effect of the pandemic on our lives and offers updated estimates for global energy markets.

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Last winter saw larger-than-average US natural gas withdrawals from storage

AJOT | April 16, 2021 | Energy

Significantly colder-than-normal temperatures in the Lower 48 states in late January through mid-February resulted in increased heating demand for natural gas in the United States, despite an otherwise warmer-than-normal winter. As a result, the winter had larger-than-average winter natural gas withdrawals. Before the cold snap, winter temperatures had been relatively mild, but a combination of increased heating demand, record liquefied natural gas (LNG) and pipeline exports, and decreased natural gas production contributed to the withdrawal activity during February.

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Independent study confirms LNG reduces shipping GHG emissions by up to 23%

AJOT | April 16, 2021 | Energy | Maritime | Technology

Peer-reviewed well-to-wake study updates definitive figures for GHG emissions from LNG as a marine fuel

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