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Energy

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


Permian oil production reached record high last month

Bloomberg | January 19, 2022 | Energy

GE wins wind turbine fight at US agency against Siemens Gamesa
GE wins wind turbine fight at US agency against Siemens Gamesa

Bloomberg | January 18, 2022 | Energy | Alternative | International Trade

General Electric Co. won a partial victory its bid to use a U.S. trade agency to hobble Siemens Gamesa Renewable Energy SA’s wind business in the U.S. for the next year.

KBR awarded engineering contract for Woodside’s H2OK Project

AJOT | January 18, 2022 | Project / Heavy Lift | Maritime Project | Energy | Alternative

New renewable power plants are reducing US electricity generation from natural gas
New renewable power plants are reducing US electricity generation from natural gas

AJOT | January 18, 2022 | Energy | Alternative | By The Numbers

In our January Short-Term Energy Outlook (STEO), we forecast that rising electricity generation from renewable energy resources such as solar and wind will reduce generation from fossil fuel-fired power plants over the next two years. The forecast share of generation for U.S. non-hydropower renewable sources, including solar and wind, grows from 13% in 2021 to 17% in 2023. We forecast that the share of generation from natural gas will fall from 37% in 2021 to 34% by 2023 and the coal share will decline from 23% to 22%.

The Crown Estate welcomes ScotWind announcement

AJOT | January 18, 2022 | Project / Heavy Lift | Maritime Project | Energy | Alternative

Arvato Supply Chain Solutions operates Pleasant Prairie location entirely on green electricity
Arvato Supply Chain Solutions operates Pleasant Prairie location entirely on green electricity

AJOT | January 18, 2022 | Energy | Alternative | Logistics

Arvato Supply Chain Solutions has switched 100 percent of the energy supply to its distribution center in Pleasant Prairie, Wisconsin/USA, to green electricity from wind and solar power. This saves an average of around 1,500 metric tons of CO2 per year at the location. The consistent use of renewable energies is an important part of the supply chain and e-commerce service provider's sustainability strategy and is to be implemented at all locations in the global network by the end of 2022.

Jumbo-SAL-Alliance delivers comprehensive transportation solution for a mighty engineering challenge with a tight squeeze
Jumbo-SAL-Alliance delivers comprehensive transportation solution for a mighty engineering challenge with a tight squeeze

AJOT | January 18, 2022 | Project / Heavy Lift | Maritime Project | Energy

After months of precision planning and engineering Jumbo Shipping, now part of Jumbo-SAL-Alliance, has carried out the tailor-made transportation of offshore platform modules including living quarters module, helideck and flare boom for client Kiewit Offshore Services.

LNG vessel’s U-turn to U.K. from Hawaii shows draw of European energy crisis
LNG vessel’s U-turn to U.K. from Hawaii shows draw of European energy crisis

Bloomberg | January 18, 2022 | Maritime | Bulk | Energy

After nearly two months at sea and a dramatic U-turn near the Hawaiian islands, the Hellas Diana tanker carrying U.S. liquefied natural gas has declared the U.K. as its destination, shipping data compiled by Bloomberg show.

Shell and ScottishPower win bids to develop 5 GW of floating wind power in the UK

AJOT | January 17, 2022 | Project / Heavy Lift | Maritime Project | Energy | Alternative

Global subsea tie-back leader Norway set for $6.5 billion inflation hit in coming awards till 2026
Global subsea tie-back leader Norway set for $6.5 billion inflation hit in coming awards till 2026

AJOT | January 17, 2022 | Energy

Norway, the world’s top market for subsea tie-back projects in coming years, is facing an inflation-driven cost increase of $6.5 billion on upcoming contract awards for goods and services in the offshore oil and gas industry through 2026, a Rystad Energy report reveals.

Jet fuel market’s key metric surges as flights withstand omicron

Bloomberg | January 17, 2022 | Air Cargo | Airlines | Energy

Lebanon denies it plans to buy gas from Israel

Bloomberg | January 16, 2022 | Energy

EIA forecasts natural gas prices to remain near $4/MMBtu in 2022, slightly lower in 2023
EIA forecasts natural gas prices to remain near $4/MMBtu in 2022, slightly lower in 2023

AJOT | January 14, 2022 | Energy | Conventional | By The Numbers

In our January Short-Term Energy Outlook (STEO), we forecast that the natural gas spot price at the U.S. benchmark Henry Hub will average $3.79 per million British thermal units (MMBtu) in 2022, slightly less than its 2021 average of $3.91/MMBtu.

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