Energy

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

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Today in Energy: U.S. coal-fired electricity generation decreased in 2022 and 2023

AJOT | May 10, 2024 | Energy

Electricity generation from units that primarily consume coal in the U.S. Lower 48 states decreased for all hours of the day by about 23% between 2021 and 2023, according to our Form EIA-930, Hourly and Daily Balancing Authority Operations Report.

Severe solar storm threatens power grids and navigation systems

Energy

Bloomberg | Top Story | May 10, 2024

Severe solar storm threatens power grids and navigation systems

A severe solar storm this weekend threatens to trigger blackouts, disrupt navigation systems and knock out high-frequency radios around the world.

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Enbridge works to sell new oil pipe space to Texas export hub

Bloomberg | May 09, 2024 | Energy | Ports & Terminals

Enbridge Inc. is offering up new space on a crude pipeline running to the Texas oil port of Corpus Christi, a top exporting hub that’s currently suffering from constrained pipeline capacity.

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Dragonfly Energy named Business of the Year at Nevada Business Awards

AJOT | May 09, 2024 | Energy | Alternative | Green Shipping

Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”), an industry leader in green energy storage and maker of Battle Born Batteries®, received the Spirit of Nevada award at the annual Nevada Business Awards presented by Nevada Business magazine.

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Propane prices were slightly lower this winter compared with last winter

AJOT | May 09, 2024 | Energy

U.S. wholesale and retail propane prices were slightly lower on average this winter than last winter, largely because of mild weather and robust propane inventories heading into this winter heating season.

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In race to space, one startup is betting on candle wax

Companies are trying all kinds of things to find their way in the increasingly competitive space industry.

China’s first oil shipment from Niger stymied by border dispute

Bloomberg | May 09, 2024 | Energy | International Trade | Commodity

Benin blocks first shipment of Niger crude over border feud

Bloomberg | May 08, 2024 | Energy | International Trade | Commodity

Korea pledges $7 billion aid package for EV battery supply chain

Bloomberg | May 08, 2024 | Energy | Alternative

Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC

AJOT | May 08, 2024 | Energy

Venezuela’s oil monopoly eases with deal to allow private firm to import diesel

Bloomberg | May 08, 2024 | Energy

China moves to cool battery boom amid overcapacity concerns

Bloomberg | May 08, 2024 | Energy | Alternative

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Suspicious frying oil from China is hurting US biofuels business

Bloomberg | May 07, 2024 | Energy | Green Shipping

China is flooding the US with used cooking oil that the biofuel industry says may be tainted, hurting American farmers and President Joe Biden’s push to promote climate-friendly energy.