Energy

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


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Russia’s war machine still getting plenty of cash from oil

Bloomberg | July 13, 2022 | Energy

Export earnings buoyed by higher duty rate for July’s shipments

Congress members move to protect climate, oceans, public health with landmark legislation for zero-emissions ocean cargo ships, ports

AJOT | July 13, 2022 | Energy | Alternative | Maritime | Liner Shipping | Ports & Terminals

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Key energy transition hub: European port Antwerp-Bruges becomes foundation member of H2Global

AJOT | July 13, 2022 | Energy | Alternative | Ports & Terminals

Officially merged in April 2022, Port of Antwerp-Bruges perceives itself in a key role for the production, distribution and use of green hydrogen. Europe's largest export port is now participating in the German H2Global Foundation with an endowment sum of EUR 100,000.

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Port of Valencia now has its hydrogen plant

AJOT | July 13, 2022 | Energy | Alternative | Ports & Terminals

• The tank and compressor of the hydrogen generator which will supply hydrogen to the prototypes of port machinery have already been placed on the north quay • In the next few days the mobile unit will arrive with the dispenser of this project which positions the Port of Valencia as the first European port to use this technology

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Renewable identification number prices for ethanol and biomass-based diesel remain high

AJOT | July 13, 2022 | Energy

The prices of renewable identification number (RIN) credits—a compliance mechanism used for the Renewable Fuel Standard (RFS) program administered by the U.S. Environmental Protection Agency (EPA)—have remained high in 2022. So far this year, RINs generated by biomass-based diesel (biodiesel and renewable diesel) production, known as D4 RINs, peaked on April 28 at $1.91 per gallon (gal), and RINs generated by ethanol production (D6 RINs) peaked on June 7 at $1.68/gal, close to the high prices seen in 2021.

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Like-for-like comparisons of future fuels key to vessel investment decisions

AJOT | July 13, 2022 | Energy | Alternative | Maritime

SEA-LNG, the multi-sector industry coalition established to demonstrate the benefits of the LNG fuel pathway for shipping decarbonisation, has released a framework for comparing the emissions and cost implications of adopting future fuel pathways and urges the industry to make like-for-like comparisons when discussing alternative marine fuels.

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Russia could lose $85 billion in tax income over Urals crude price discounts, but production is resilient

AJOT | July 12, 2022 | Energy

Russia’s government could lose as much as $85 billion in oil and gas tax income this year due to the significant discount In Urals blend crude, Rystad Energy research shows.

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Over one-quarter of U.S. households use electricity as the only source of energy

AJOT | July 12, 2022 | Energy

In 2020, 26% of U.S. households used electricity as the only source of energy (32.25 million out of 123.53 million homes), according to our 2020 Residential Energy Consumption Survey (RECS). Most U.S. homes use electricity and at least one other fuel, such as natural gas, fuel oil, propane, or wood.

EIA weekly gasoline prices

AJOT | July 12, 2022 | Energy

US says all options on table to deal with Mexico energy policy
Energy
Bloomberg | Top Story | July 11, 2022

US says all options on table to deal with Mexico energy policy

President Joe Biden’s trade chief reiterated US concerns over Mexico’s state-favoring energy policies and said all options will be considered in dealing with the dispute.
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Saronic Ferries partners with C-Job Naval Architects for the design of the first fully-electric Ro-Pax ferry in Greece

AJOT | July 11, 2022 | Energy | Alternative | Maritime | Technology

Saronic Ferries has today announced their partnership with C-Job Naval Architects. For the Greek owner, C-Job will develop the design of the first fully-electric Ro-Pax ferry in Greece.

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