Energy

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

Rystad Energy’s the road ahead: What’s in store for the energy sector in 2024

AJOT | January 24, 2024 | Energy

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U.S. monthly dry natural gas production set a new record in December 2023

AJOT | January 24, 2024 | Energy

U.S. dry natural gas production in the Lower 48 states reached an all-time monthly high of 105.5 billion cubic feet per day (Bcf/d) in December 2023, according to data from S&P Global Commodity Insights.

EE North America charts a green course, secures land for potential E-Methanol PtX plant at Port of Victoria, Texas

AJOT | January 24, 2024 | Energy | Alternative | Ports & Terminals

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Acelen Renewables selects Honeywell for SAF and renewable diesel fuel production

Honeywell announced that Acelen Renewables has selected its Ecofining™ technology to help support the efficient production of a targeted 20,000 barrels per day of sustainable aviation fuel (SAF) and renewable diesel.

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Sun meets sea: Floating PV to play a key role in Southeast Asia’s solar expansion

AJOT | January 23, 2024 | Energy | Alternative

Solar photovoltaic (PV) capacity additions are poised to be a central pillar of Southeast Asia’s energy future, with floating installations primed to play a critical role.

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Rise in relatively denser crude oil production drives U.S. growth

AJOT | January 23, 2024 | Energy

Crude oil production in the United States reached a record high in August 2023, led primarily by more production in Texas. In 2023, most of the crude oil produced in Texas was relatively dense for the state.

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Cost of shipping fuel to Asia jumps 182% since Yemen airstrikes

Bloomberg | January 23, 2024 | Energy | Maritime

A surge in oil tanker earnings extended, with one route jumping the most in a day since 2022, as the disruption to traffic through the Red Sea lifts the cost of hauling some barrels.

Port of Hueneme, labor and community leaders join forces in “Powerwall” response to infrastructure emergency

Energy

AJOT | Top Story | January 23, 2024

Port of Hueneme, labor and community leaders join forces in “Powerwall” response to infrastructure emergency

Unprecedented December storm damaged Shoreside Power System at the Port of Hueneme, causing more than $30M in damages.

Russian LNG exporter seeks to raise long-term prices to Asia

Bloomberg | January 23, 2024 | Energy

GE’s forecast misses estimates ahead of historic breakup

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Fuel tanker rates are soaring on Red Sea disruption

Bloomberg | January 22, 2024 | Energy | Maritime | Bulk

The cost of transporting fuels on key trade routes is soaring as attacks on Red Sea shipping ripple out into global markets.

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Official opening of NYK-Line’s full mission bridge simulator in Akita advances Offshore Wind Training Centre

In a landmark agreement signed in December 2022, Nippon Yusen Kaisha (NYK-Line) partnered with Damen Services to introduce an advanced full mission bridge simulator tailored for offshore wind operations. The simulator, built in cooperation with maritime simulation leader VSTEP Simulation, achieved a critical milestone with the successful completion of Factory Acceptance Testing (FAT) in October.

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Fewer markets are importing Russia’s coal

AJOT | January 22, 2024 | Energy

Russia’s reliance on four, mainly Asian, countries to import its coal has increased since some countries implemented sanctions against Russia after it invaded Ukraine, according to Global Trade Tracker data.

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Climate test for natural gas exports splits White House advisers

Bloomberg | January 22, 2024 | Energy

President Joe Biden’s top advisers are divided over how much to ramp up environmental scrutiny of licenses to ship natural gas abroad as companies and industry groups warn it could slow development of new export terminals, according to people familiar with the matter.

Industry-wide ‘beta-testing’ of SIRE 2.0 inspections begins

AJOT | January 22, 2024 | Energy

Drone attacks menace Russia’s key route for exporting oil

Bloomberg | January 22, 2024 | Energy

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China is outpacing the EU in clean-energy research, study finds

Bloomberg | January 22, 2024 | Energy | Alternative

China has overtaken the European Union in research related to clean-energy technologies, according to a study done for the bloc’s executive arm, creating a challenge for its green-tech ambitions.

Russia becomes top China oil supplier for first time since 2018

Bloomberg | January 22, 2024 | Energy

US to ban Pentagon battery purchases from China’s CATL, BYD

Energy

Bloomberg | Top Story | January 22, 2024

US to ban Pentagon battery purchases from China’s CATL, BYD

US lawmakers have banned the Defense Department from buying batteries produced by China’s biggest manufacturers, furthering efforts in Washington to decouple the Pentagon’s supply chain from its geopolitical rival.