Energy

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

Europe’s oil imports at 2-year high even as Russia share shrinks

Bloomberg | October 12, 2022 | Energy

Putin says all infrastructure at risk after Nord Stream hit

Bloomberg | October 12, 2022 | Energy

Poland assumes Russia oil pipe leak is probably an accident

Bloomberg | October 12, 2022 | Energy

Hyster begins first-ever, real-world pilot of hydrogen fuel cell-powered container handler at CMA CGM-owned Fenix Marine terminal in the Port of Los Angeles

European e-mobility specialist QUANTRON expands to North America

AJOT | October 11, 2022 | Energy | Alternative

China’s flood of fuels may provide some relief to diesel crunch

Bloomberg | October 11, 2022 | Energy

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The United States produces lighter crude oil, imports heavier crude oil

AJOT | October 11, 2022 | Energy

In the first half of 2022, U.S. crude oil production averaged 11.1 million barrels per day (b/d), up from an annual average of 10.8 million b/d in 2021. Crude oil with a higher API gravity is lighter, or less dense. Production of light crude oil with an API value greater than 45.1 degrees increased the most, while production of heavy crude oil with an API lower than 30.0 degrees declined.

Israel and Lebanon agree on maritime deal for gas-rich area

French refinery strike opens door for more US exports to Asia

Bloomberg | October 10, 2022 | Energy

Shell Chief Executive Officer Ben van Beurden to step down, Wael Sawan appointed as his successor

AJOT | October 10, 2022 | Energy | Conventional

European Gas Slips After Wild Swings as Russia Escalates War

Bloomberg | October 10, 2022 | Energy | Conventional

Germany Backs Joint EU Debt for Loans to Ease Energy Crisis

Bloomberg | October 10, 2022 | Energy | Conventional

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Lack of public charging infrastructure does not deter EV buyers – for now

AJOT | October 10, 2022 | Energy | Alternative | By The Numbers

The large jump in electric vehicle (EV) demand over the past three years has brought into focus the growing importance of charging stations in key countries.

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Number of drilled but uncompleted U.S. wells continues to decline from record in 2020

AJOT | October 07, 2022 | Energy | Conventional | By The Numbers

The decline in DUCs in most major U.S. onshore oil- and natural gas-producing regions indicates that more wells are being completed and fewer new wells are being drilled.

European Gas Prices Ease as Stockpiles and LNG Imports Climb

Bloomberg | October 07, 2022 | Energy | Conventional | By The Numbers

Cepsa completes advanced biofuels shipping trial for the first time in Spain

AJOT | October 06, 2022 | Energy | Alternative | Maritime

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Volvo will supply 20 heavy-duty electric trucks to Amazon

Volvo Trucks will deliver fully electric heavy-duty trucks to Amazon in Germany by year end. The 20 Volvo FH Electric are expected to drive more than one million road kilometres annually, fueled with electricity instead of diesel.

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ERCOT electricity prices vary more with changes in wind power than with electricity demand

AJOT | October 06, 2022 | Energy | Alternative

In the Short-Term Energy Outlook Supplement released on October 4, we analyzed how variability in electricity demand and wind generation affects hourly electricity prices in Texas’s wholesale power market under summer peak-day conditions, when summer electricity demand is highest.

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Performance Team deploys first deliveries of Volvo VNR electric trucks in Southern California

• Electric truck fleet expansion targets customers looking to accelerate decarbonization efforts in their supply chains. • Volvo Trucks is lead partner for Performance Team’s Electric Vehicle (EV) fleet with first deliveries in operation since Q3 2022. • California Air Resources Board (CARB) regulations require diesel trucks to transition to zero emissions by 2030.