Energy

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

Iran’s Oil Exporters Have Record Month Before Possible Sanctions

Bloomberg | May 01, 2018 | Energy | International Trade

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New import duties drive biomass-based diesel imports down in 2017

AJOT | April 30, 2018 | Energy | International Trade

Although increasing Renewable Fuel Standard (RFS) targets have driven increased biomass-based diesel demand in recent years, imports fell in 2017 largely because of U.S. Department of Commerce (DOC) import duties imposed on foreign biodiesel volumes sourced from Argentina and Indonesia, two of the leading exporters of biodiesel.

Marathon to Buy Andeavor in $23.3 Billion Oil-Refining Deal

Bloomberg | April 30, 2018 | Energy | International Trade

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MISC Group welcomes the fifth and final moss-type LNG carrier

AJOT | April 30, 2018 | Energy | Maritime | Bulk

MISC Group, a leading provider of international energy-related maritime solutions and services, today announced it has taken delivery of Seri Cemara, the final edition to a series of five MOSS-Type Liquefied Natural Gas (LNG) carriers.

GAC Taiwan lands agency contract from DSLNG

AJOT | April 30, 2018 | Energy | Maritime | Bulk

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Renewable energy subsidies have declined as tax credits, other policies diminish

AJOT | April 27, 2018 | Energy

Federal subsidies for renewable energy—including biofuels for transportation use and renewable generation of electricity—dropped to $6.7 billion in fiscal year (FY) 2016, a 56% decline from FY 2013.

Texas City Hosts Its First Supertanker as U.S. Crude Gushes Out

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Federal financial interventions and subsidies in U.S. energy markets declined since 2013

AJOT | April 26, 2018 | Energy

EIA has updated its report on federal financial interventions and subsidies in energy markets, covering the 2016 U.S. government fiscal year (FY). Subsidies for many energy categories have declined since FY 2013, when spending related to the American Recovery and Reinvestment Act of 2009 was at or near its highest levels.

CO2 emissions for shipping: greater digital standardisation & sharing needed

AJOT | April 25, 2018 | Energy

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Crowley, PowerSecure to Develop LNG Microgrids for Resilient, Dependable Power Supplies

AJOT | April 25, 2018 | Energy | Maritime | Liner Shipping

Crowley FUELS and PowerSecure, a Southern Company subsidiary, have formed an alliance to develop and deploy microgrid solutions incorporating liquefied natural gas (LNG), renewables and storage to provide greater reliability and resiliency to customers and economies throughout the Caribbean and Central America.

MOL Crude Oil Tanker Rescues a Castaway

AJOT | April 23, 2018 | Energy | Maritime | Bulk

Panama Canal Sets New Milestone, Transits Three LNG Vessels in One Day

Energy

AJOT | Top Story | April 20, 2018

Panama Canal Sets New Milestone, Transits Three LNG Vessels in One Day

The Panama Canal Administration announces that it successfully transited three LNG vessels through its Neopanamax locks on April 17, 2018, marking a first for the waterway.

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U.S. Oil Rush Spurs `Triangle’ Trade as Output, Exports Soar

Bloomberg | April 20, 2018 | Energy | International Trade

Rapid increases in U.S. oil output and exports over the past two years are forcing some traders and producers to try alternative ways of pricing crude.

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U.S. coal exports increased by 61% in 2017 as exports to Asia more than doubled

AJOT | April 19, 2018 | Energy | Maritime | Bulk

The United States exported 97.0 million short tons (MMst) of coal in 2017, a 61% (36.7 MMst) increase from the 2016 level. Exports to Asia more than doubled from 15.7 MMst in 2016 to 32.8 MMst in 2017, although Europe continues to be the largest recipient of U.S. coal exports.

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Mitsubishi Shipbuilding Holds Christening Ceremony for Diamond Gas Orchid, Next-Generation LNG Carrier

AJOT | April 19, 2018 | Energy | Maritime | Bulk

The ship, named "Diamond Gas Orchid," is the first "Sayaringo STaGE" type vessel, Mitsubishi Shipbuilding's newest carrier that achieves significant improvements in both LNG carrying capacity and fuel performance thanks to a more efficient hull structure and an innovative hybrid propulsion system.

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Gemini Motor Transport Wins 2018 North American Safety Champion Award

AJOT | April 19, 2018 | Energy | Intermodal | Trucking

National Tank Truck Carriers, Inc. Presents Top Honor to Love’s Travel Stops’ Fuel-Hauling Fleet

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The U.S. is an active participant in petroleum markets as both an importer and exporter

AJOT | April 18, 2018 | Energy | International Trade

Crude oil imports have decreased in recent years as U.S. crude oil production has increased. After averaging a record high of 10.1 million b/d in 2005, crude oil imports fell by 2.8 million b/d to an average of 7.3 million b/d in 2014. Since then, crude oil imports have increased slightly, most recently averaging 7.9 million b/d in 2017.