Energy

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

Ørsted has completed 600 MW combined solar and battery storage project in the US

AJOT | October 15, 2024 | Energy | Alternative

With a 300 MW solar PV capacity, Ørsted’s Eleven Mile Solar Center will produce enough renewable energy to power 65,000 US homes while the battery can store 1200 MWh of power.

Lhyfe and Elyse Energy plan to produce e-methanol from renewable green hydrogen, to decarbonize maritime transport

AJOT | October 15, 2024 | Energy | Alternative | Green Shipping | Maritime | Technology | Ports & Terminals

- Creation of a new decarbonized energy chain at a port in Western France, with the support of the local area - Development of a solution to decarbonize shipping, which is responsible for 14% of CO2 emissions from transport in Europe.

Energy

AJOT | Top Story | October 15, 2024

Port of Rotterdam: Shore power for sea-going vessels at APMT MVII from 2028: CO2 reduction of almost 7,000 tons annually

Connecting the vessels to the power grid at APMT MVII, will reduce CO2 emissions by almost 7,000 tons each year. It will also reduce nitrogen and particulate emissions. Vessels will use a total of about 13,000 MWh at the terminal annually.

Russia seeks over $1 billion in damages from Shell, report says

Reuters | October 15, 2024 | Energy

The Russian General Prosecutor's office was seeking to collect more than 1 billion euro ($1.09 billion) in damages from international energy major Shell, the RIA news agency reported on Tuesday, citing the Moscow Arbitration court.

PIL names its first two 14,000 TEU LNG dual-fuel container vessels

AJOT | October 15, 2024 | Energy | Alternative | Green Shipping | Maritime | Liner Shipping

Pacific International Lines (PIL) has named its first two 14,000 TEU container vessels in a ceremony at Jiangnan Shipyard in China today.

Oil plunges 4% as Iran supply disruption concerns ease, demand outlook weakens

Reuters | October 15, 2024 | Energy

Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after a media report said Israel is willing to not strike Iranian oil targets, easing fears of a supply disruption.

BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China

Reuters | October 15, 2024 | Energy | Green Shipping

Three workers sue Pemex for injuries at Texas refinery

Reuters | October 15, 2024 | Energy

Brazil’s Petrobras and miner Vale have decarbonization partnership in works

Reuters | October 15, 2024 | Energy | Alternative | Green Shipping

Phillips 66 to sell 49% stake in Swiss venture for $1.24 billion

Reuters | October 15, 2024 | Energy

Middle East supply disruption potential could send oil above $100/bbl, Citi says

Reuters | October 15, 2024 | Energy

Oil falls 2% as OPEC cuts oil demand growth view, China concerns

Reuters | October 15, 2024 | Energy

Norway court rejects environmental injunction against oil and gas fields

Reuters | October 15, 2024 | Energy

Fewer tankers transit the Red Sea in 2024

AJOT | October 14, 2024 | Energy | Maritime | Bulk

The amount of crude oil and oil products flowing through the Bab el-Mandeb, the southern chokepoint at the mouth of the Red Sea, decreased by more than 50% in the first eight months of 2024.

ExxonMobil + Kinaxis team up to revolutionize supply chain efficiency for the energy sector

AJOT | October 14, 2024 | Energy

Oil tanker catches fire off northern Germany

Reuters | October 11, 2024 | Energy

An oil tanker caught fire off the Baltic Sea coast of northern Germany early on Friday, and all seven crew members on board at the time were taken ashore, maritime rescue services said in a statement.

Pemex says two believed dead, five injured from leak at oil refinery in Texas

Reuters | October 11, 2024 | Energy

Oil heads for weekly climb on potential Mideast supply disruption

Reuters | October 11, 2024 | Energy

Countries’ renewable energy plans fall short of target, says IRENA

Reuters | October 11, 2024 | Energy | Alternative

TotalEnergies expands global LNG bunkering footprint

AJOT | October 10, 2024 | Energy | Green Shipping | Maritime

TotalEnergies has signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600m3 capacity.

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