Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Adoption of autonomous vehicles could increase U.S. transportation energy consumption

AJOT | June 18, 2018 | Energy | International Trade

Autonomous vehicles are one of the main sources of uncertainty in the future of U.S. transportation energy consumption, as autonomous vehicle technology has the potential to change travel behavior, vehicle design, energy efficiency, and vehicle ownership.

U.S. Oil’s Pricing Allure Risks Being Dulled by China Tariff

Bloomberg | June 18, 2018 | Energy | International Trade

Oil Slumps Near $64 as OPEC Clash Looms and Trade War Escalates

Bloomberg | June 17, 2018 | Energy | International Trade

Rick Perry Wants to Help Argentina Be More Like Texas

Bloomberg | June 15, 2018 | Energy | International Trade
EIA expects Brent crude prices will average $71 per barrel in 2018, $68 per barrel in 2019

AJOT | June 15, 2018 | Energy

In the June 2018 update of its Short-Term Energy Outlook (STEO), EIA forecasts Brent crude oil prices will average $71 per barrel (b) in 2018 and $68/b in 2019. The updated 2019 forecast price is $2/b higher than in the May STEO. Brent crude oil spot prices averaged $77/b in May, an increase of $5/b from April and the highest monthly average price since November 2014. West Texas Intermediate (WTI) prices are forecast to average almost $7/b lower than Brent prices in 2018 and $6/b lower in 2019.
Wind turbine jack-up Sea Installer completes eight-day stopover at Damen Shiprepair Dunkerque

AJOT | June 11, 2018 | Energy | Maritime

Damen Shiprepair Dunkerque (DSDu) has completed an eight-day refurbishment project for the 132-metre DP2, self-propelled, jack-up vessel Sea Installer. Operated by A2SEA, which was purchased in 2017 by DEME’s subsidiary GeoSea, Sea Installer was purpose-built in 2012 for installing the next generation of large wind turbines off the coast of Europe.

U.S. Sanctions Russian Firms for Energy Grid Cyberattack

Bloomberg | June 11, 2018 | Energy | Alternative | International Trade

Trump’s Love for Coal and Republicans Who Want More Solar

Bloomberg | June 07, 2018 | Energy | Alternative | International Trade
GAC LNG Services to provide voyage management for Translux Limited

AJOT | June 05, 2018 | Energy | Maritime | Bulk

GAC LNG Services has secured a global contract to provide voyage management services to Translux Limited as they enter the liquefied natural gas (LNG) business.
Schneider’s bulk intermodal container service celebrates six-year milestone

AJOT | June 04, 2018 | Energy | Intermodal

Company’s investment in rail relationships and equipment provides additional capacity for liquid bulk shippers

Oil-to-water conversion success for Great Lakes Bulkers

AJOT | June 04, 2018 | Energy | Maritime
EIA reports track U.S. crude oil production statistics and trends

AJOT | June 04, 2018 | Energy

With increasing crude oil prices and rig counts over the past several months, the U.S. Energy Information Administration (EIA) continues to closely monitor U.S. crude oil production trends.
LNG Carrier CESI Lianyungang delivered for SINOPEC LNG transport project

AJOT | June 01, 2018 | Energy | Maritime | Bulk

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced the delivery of the LNG carrier CESI Lianyungang, which was ordered by the joint venture of China COSCO Shipping Corporation Limited (CCSC) and China Petroleum & Chemical Corporation (SINOPEC), at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong) on May 31.
EIA’s residential energy survey now includes estimates for more than 20 new end uses

AJOT | June 01, 2018 | Energy

Results from the 2015 Residential Energy Consumption Survey (RECS), released today by the U.S. Energy Information Administration (EIA), now include estimates of energy consumption for an expanded list of energy end uses.
Refit for jack-up MPI Enterprise at Damen Verolme Rotterdam

AJOT | May 29, 2018 | Energy | Project / Heavy Lift | Maritime Project

Damen Verolme Rotterdam (DVR) has completed a refit project on the MPI Enterprise, a 120-metre, self-elevating, DP2, wind turbine installation vessel owned and operated by MPI Offshore, part of the Vroon Group.
Electric power sector consumption of fossil fuels at lowest level since 1994

AJOT | May 29, 2018 | Energy

The declining trend in fossil fuel consumption by the power sector has been driven by a decrease in the use of coal and petroleum with a slightly offsetting increase in the use of natural gas.

Uganda Says Russian Company Wants Role in Crude-Export Pipeline

Bloomberg | May 28, 2018 | Energy | International Trade
AET secures DP2 shuttle tankers with Petrobras

AJOT | May 25, 2018 | Energy | Maritime | Bulk

AET announces extension of partnership in the DP2 shuttle tanker sector with Petróleo Brasileiro S.A. – Petrobras, the Brazilian multinational petroleum corporation.

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