Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Natural gas prices, production, and exports increased from 2016 to 2017

AJOT | January 16, 2018 | Energy | International Trade

In 2017, natural gas spot prices at the national benchmark Henry Hub in Louisiana averaged $3.01 per million British thermal units (MMBtu), about 50 cents per MMBtu higher than in 2016. The higher prices in 2017 contributed to less natural gas consumption for power generation. Increased domestic production was offset by increased exports of natural gas by pipeline and liquefied natural gas (LNG) cargoes.

NORDEN raises expectations for 2017

AJOT | January 16, 2018 | Energy | Maritime | Bulk
Crowley announces plans to build new 100,000-barrel Alaska Class ATB to enhance Alaska fuel services

AJOT | January 15, 2018 | Energy | Maritime | Bulk

Crowley Fuels LLC announced today that it has signed a construction contract with Bollinger Shipyards to build a new Alaska Class 100,000-barrel-capacity articulated tug-barge (ATB) to transport multiple clean petroleum products in the Alaska market.
During recent cold snap, the U.S. withdrew a record amount of natural gas from storage

AJOT | January 14, 2018 | Energy

During the recent cold weather event that affected much of the eastern United States, more natural gas was withdrawn from storage fields around the country than at any other point in history. Net withdrawals from natural gas storage totaled 359 billion cubic feet (Bcf) for the week ending January 5, 2018, exceeding the previous record of 288 Bcf set four years ago.

New Baltic Exchange LNG Panellists Group

AJOT | January 11, 2018 | Energy | Maritime | Bulk

U.S. Becomes a Net Gas Exporter for the First Time in 60 Years

Bloomberg | January 11, 2018 | Energy | International Trade

Crew Aboard Blazing Iranian Oil Tanker May Be Alive, Owner Says

Bloomberg | January 10, 2018 | Energy | Maritime | Bulk

Shipping accident statistics identify loss hotspot in Asian seas
AJOT | Top Story | January 10, 2018

Shipping accident statistics identify loss hotspot in Asian seas

Analysis of global shipping losses over the last decade has highlighted East/South East Asian seas as an accident hotspot, with the collision of the oil tanker Sanchi with another ship off the coast of Shanghai as the latest major shipping incident in the region.
Traditional Shipowner and Shipmanager strengthens its LNG business

AJOT | January 09, 2018 | Energy | Maritime | Bulk

Oil Burning on Tanker Off China Seen Cutting Sea-Spill Risks
Bloomberg | Top Story | January 09, 2018

Oil Burning on Tanker Off China Seen Cutting Sea-Spill Risks

The fire engulfing an Iranian tanker off China is being fueled by the oil on board, a scenario seen reducing the amount of supply that may spill into the sea and cause widespread environmental damage.
OPEC’s Oil Cuts Claim a Victim as Supertanker Earnings Tumble

Bloomberg | January 08, 2018 | Energy | International Trade

Iranian Tanker at Risk of Sinking as Buyer Seeks Alternative Oil

Bloomberg | January 08, 2018 | Energy | Maritime | Bulk

Siemens Gamesa Is Said to Be in Talks on 700-Megawatt Wind Deals

Bloomberg | January 05, 2018 | Energy | Alternative | International Trade
Cold weather, higher exports result in record natural gas demand

AJOT | January 05, 2018 | Energy | International Trade

Estimated U.S. natural gas demand on January 1, 2018 reached 150.7 billion cubic feet, surpassing the previous single-day record set in 2014, according to estimates from PointLogic. Much colder-than-normal temperatures across much of the United States have led to increased demand for heating, much of which is provided by natural gas

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