Energy

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


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DHL Global Forwarding and GoodShipping accelerate sustainable shipping via insetting with 60 million liters of sustainable marine fuel

AJOT | November 02, 2022 | Energy | Alternative | Logistics

• As part of DHL’s GoGreen Plus service, Sustainable Marine Fuels play an important role in decarbonizing ocean freight transport • Expanded collaboration between DHL and leading insetting service by GoodShipping includes piloting a new insetting framework of the Smart Freight Centre

Turkish trade gap widens more than five-fold on energy bill

Bloomberg | November 02, 2022 | Energy | International Trade

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Russia’s near-record LNG shipments show world’s struggle to cut reliance

Bloomberg | November 02, 2022 | Energy | Maritime | Bulk

Russian liquefied natural gas shipments increased in October to nearly a record, illustrating how the world is struggling to curb its dependence on the major supplier ahead of winter.

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Norway remains a significant natural gas supplier to the European Union

AJOT | November 01, 2022 | Energy

Norway is among the top 10 natural gas-producing nations in the world and has always been an important source of natural gas to the European Union (EU). Russia’s full-scale invasion of Ukraine at the end of February 2022 resulted in significant declines in natural gas imports to the EU, particularly starting in June 2022, increasing Norway’s importance as a source of natural gas to the region.

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Power prices continue to decline but for how long - Rystad Energy weekly power market note

AJOT | November 01, 2022 | Energy

European power prices have now fallen so much, as October comes to a close, that they are comparable to the level seen last year for the majority of European countries.

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CC 38.650 onshore wind crane added to Mammoet’s Brazilian fleet

AJOT | November 01, 2022 | Energy | Alternative | Project / Heavy Lift | Maritime Project

Mammoet, the world’s largest engineered heavy lifting and transport service provider, has introduced a CC 38.650 crawler crane to its fleet in Brazil during the third quarter of 2022.

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In 2021 U.S. natural gas-fired power generation declined for the first time in four years

AJOT | October 31, 2022 | Energy

According to our recently released Natural Gas Annual, natural gas consumption in all sectors in the United States was effectively flat between 2020 and 2021, down by only 0.5 billion cubic feet per day (Bcf/d). U.S. natural gas consumption reached a record 85.3 Bcf/d in 2019 and has declined annually since then.

Biden to urge Congress to consider tax penalties on big oil
Energy
Bloomberg | Top Story | October 31, 2022

Biden to urge Congress to consider tax penalties on big oil

President Joe Biden will call on Congress to consider tax penalties for oil and gas companies accruing record profits, according to a White House official, amid stubbornly high gasoline prices that are dragging on Democrats’ midterm prospects.
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Commercial cooperation between Hexagon Purus and Lhyfe for distribution of green and renewable hydrogen in Europe

AJOT | October 28, 2022 | Energy | Alternative

Hexagon Purus, a leading hydrogen systems supplier, and Lhyfe (EURONEXT : LHYFE), a world pioneer in the production of green and renewable hydrogen for transportation and industrial applications, recently entered into a commercial cooperation for delivery of Hexagon Purus’ type 4 hydrogen distribution systems. As a result, Lhyfe will be able to deliver a maximum of 19 tons of green hydrogen per trip, corresponding to the consumption of 650 transit buses.

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Crowley, Humboldt Bay to develop and operate California wind terminal

AJOT | October 28, 2022 | Energy | Alternative | Ports & Terminals | Terminals

Crowley signed an agreement today with the Port of Humboldt Bay to exclusively negotiate to be the developer and operator of a terminal to serve as California’s first hub for offshore wind energy installations. 

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