Energy

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

With over $3.4 billion in funding since 2021, nuclear fusion set to sprint

AJOT Newsroom | April 25, 2023 | Energy | Alternative

Less natural gas was withdrawn from storage this winter than in the last seven

AJOT Newsroom | April 25, 2023 | Energy

Withdrawals of natural gas from U.S. underground storage facilities totaled 1,707 billion cubic feet (Bcf) during the 2022–23 heating season (November 1 to March 31), after subtracting occasional injections, according to our Weekly Natural Gas Storage Report (WNGSR). This recent heating season's natural gas withdrawals were the lowest since the 2015–16 winter heating season.

Sweden’s Northvolt to make batteries for electric planes

Swedish car-battery maker Northvolt is expanding into aviation, as it targets the nascent field of decarbonizing commercial flight.

Eni moves forward with Congo LNG plant that will supply Europe

Bloomberg | April 25, 2023 | Energy

GE’s profit beats Wall Street’s expectations as CEO’s turnaround takes hold

Mammoet assists in assembling the world’s largest floating offshore wind farm

Floating offshore wind will be key to delivering cost-effective renewable energy to consumers. Equinor is leading the way in developing this technology with Hywind Tampen, the largest floating wind farm to date. A smooth production line was needed from component load-in to turbine assembly, but deep foundations meant that lift capacity was needed far from the quay edge.

Hydrogen terminal tractor of the H2PORTS project disembarks at the Port of Valencia

• Yesterday afternoon the hydrogen-powered terminal tractor landed at Valencia Terminal Europa (VALTE), terminal of the Grimaldi Group. • The 4x4 RORO Tractor is the first hydrogen powered unit in the world and was developed by ATENA, supported by ENEA and Parthenope University of Naples. • The Port of Valencia is a pioneer in Europe in the use of hydrogen-based technology in the operation of port terminals

DSV enables customers to reduce emissions with decarbonisation solutions across transport modes

DSV has invested in large quantities of sustainable fuel in order to provide customers with decarbonisation solutions via its new "book and claim" solution. The solution gives DSV's customers easy access to certified sustainable fuels, enabling the reduction of the carbon footprint of their supply chains, regardless of the mode of transport.

Oil tankers tired of waiting on Iraqi Kurdish crude depart empty after a month

Contest for oil like Russia’s is finally heating up for Europe

Bloomberg | April 24, 2023 | Energy | Conventional

Europe’s oil refiners, already making do without longstanding shipments of Russian crude, are now struggling with the loss of similar supplies from northern Iraq and a shock reduction in output by several of the world’s top producer nations.

Total’s reluctance to move Congo oil shuts only export route

Bloomberg | April 24, 2023 | Energy

Democratic Republic of Congo’s vision of earning billions of dollars in revenue from dozens of landlocked oil blocks will remain distant without a connection to a lone export route to be operated by TotalEnergies SE.

Russia’s crude exports still show little sign of production cuts

Bloomberg | April 24, 2023 | Energy

A Golden Week for China air travel may stem drop in oil prices

Bloomberg | April 23, 2023 | Air Cargo | Airports | Energy

Natural Gas Weekly Update Report – April 20, 2023

AJOT Newsroom | April 21, 2023 | Energy

Haynesville natural gas production reached a record high in February 2023

Sif orders PEMA plate joining lines for XXXL monopile manufacturing

AJOT Newsroom | April 20, 2023 | Energy | Alternative | Green Shipping

Pemamek Ltd. has won a significant order to supply PEMA production automation solutions to the Dutch offshore wind monopile foundation manufacturer Sif Holding N.V. (Sif).

Biden-Harris Administration announces $82 million to increase domestic solar manufacturing and recycling, strengthen the American clean energy grid

AJOT Newsroom | April 20, 2023 | Energy | Alternative | Green Shipping

As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced $52 million for 19 selected projects, including $10 million from the Bipartisan Infrastructure Law, to strengthen America’s domestic solar supply chain, and $30 million in funding for technologies that will help integrate solar energy into the grid.

DHL Express U.S. launches GoGreen Plus as new survey reveals the importance of sustainability to SMEs

AJOT Newsroom | April 20, 2023 | Energy | Alternative | Green Shipping

Russian oil is welcome in India as trade booms, new refiner says

Bloomberg | April 20, 2023 | Energy

Summer is approaching for Europe and the US, and with it comes gas injection season - Rystad Energy’s Gas and LNG Market Update

AJOT Newsroom | April 20, 2023 | Energy

European prices held steadily low at $13.75 per million British thermal units (MMBtu) on 19 April, a weekly decrease of 0.6%.

Eureka, Crowley celebrate new office to advance renewable energy in California

AJOT Newsroom | April 20, 2023 | Energy | Alternative | Green Shipping

Crowley has opened its first Wind Services office on the U.S. West Coast in Eureka, California, with a community event and ribbon-cutting that included a diverse array of regional leaders on Wednesday. The new office advances the partnership with the community to develop a terminal to serve as the West Coast’s first hub for offshore wind energy installation at the Port of Humboldt Bay.

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