Energy

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


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US crude exports return to form

AJOT | August 19, 2021 | Energy

Today's weekly EIA report showed US crude exports rebounding to 3.43 million barrels per day. This return to form was aided by the first Alaskan loading of ANS since early June, and bolstered by a VLCC export from LOOP last Thursday. Weekly Beaumont loadings also reached their highest since the week ending April 2.

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Jet fuel struggles: Asian demand lags so badly that Europe topped it for first time since mid-2010

AJOT | August 19, 2021 | Energy

International aviation restrictions are still preventing jet fuel from recovering as fast as other oil products, a Rystad Energy analysis reveals.

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Electricity demand in lower 48 states reached a high of 720 gigawatthours on August 12

AJOT | August 19, 2021 | Energy

On August 12, 2021, most of the United States registered a daily high temperature above 90°F. Our Hourly Electric Grid Monitor shows that hourly electricity demand in the Lower 48 states reached 720 gigawatthours (GWh) for the hour ending 5:00 p.m. eastern daylight time (EDT) on that day, which is the highest reported value for a single hour since balancing authorities (BAs) began reporting hourly electricity demand to us in July 2015. The previous hourly high was 718 GWh reported for the hour ending 6:00 p.m. EDT on July 20, 2017.

Maersk secures green e-methanol for the world’s first container vessel operating on carbon neutral fuel
Energy
AJOT | Top Story | August 19, 2021

Maersk secures green e-methanol for the world’s first container vessel operating on carbon neutral fuel

European Energy will establish a new e-methanol facility in Denmark and provide renewable energy to fuel it.
EIA: OPEC petroleum production forecast revised down for 2021

AJOT | August 18, 2021 | Energy | Conventional | By The Numbers

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Wilhelmsen handles urgent oil & gas shipment via RORO

AJOT | August 18, 2021 | Energy | Project / Heavy Lift | Maritime Project

Wilhelmsen Ships Service has handled a urgent oil and gas static shipment via a RORO liner service. The oil field equipment totalled 119 pieces at 2400cbm / 275mt and was shipped from Jebel Ali in the UAE to Veracruz, Mexico.

China’s gasoline exports fall to 14-month low on tight quota

Bloomberg | August 18, 2021 | Energy | Conventional

Escalating U.S.-China solar rift threatens Biden green goals
Energy
Bloomberg | Top Story | August 18, 2021

Escalating U.S.-China solar rift threatens Biden green goals

The first big test of Joe Biden’s lofty clean-power ambitions may not be sweeping climate legislation that needs congressional approval, but managing a solar supply chain that’s being shaken by the seizure of imported Chinese panels.
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Average U.S. construction cost for onshore wind generation decreased by 27% since 2013

AJOT | August 17, 2021 | Energy | Alternative | By The Numbers

U.S. onshore wind generating capacity increased 74% from 2013 to 2019 to a total of 104 gigawatts (GW), including 9.6 GW built in 2019.

U.S. solar group petitions against China’s offshore plants

Bloomberg | August 17, 2021 | Energy | Alternative

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U.S. large-scale battery storage power capacity increased 35% in 2020

AJOT | August 16, 2021 | Energy | Alternative | By The Numbers

The United States has continued a trend of significant growth in large-scale battery capacity, and U.S. battery power capacity reached 1,650 megawatts (MW) at the end of 2020.

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U.S. natural gas net trade is growing as annual LNG exports exceed pipeline exports

AJOT | August 16, 2021 | Energy | Conventional | By The Numbers

In our August 2021 Short-Term Energy Outlook (STEO), we forecast that U.S. natural gas exports will exceed natural gas imports by an average of 11.0 billion cubic feet per day (Bcf/d) in 2021, or almost 50% more than the 2020 average of 7.5 Bcf/d.

Odfjell SE completes exit from gas carrier segment

AJOT | August 16, 2021 | Energy | Conventional

U.S. sanctions broker, businesses for Iran oil-smuggling

Bloomberg | August 13, 2021 | Energy | Conventional

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Russia’s oil supply set to break Covid-19 chains, rise to a new record in early 2022 and peak in 2023

AJOT | August 13, 2021 | Energy | Conventional | By The Numbers

The OPEC+ coalition’s recent agreement to steadily raise oil production is paving the way for Russia to slowly shrug off Covid-19 curtailments.

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Shuttle tanker Timofey Guzhenko delivers 80-millionth ton of crude oil from the Varandey project to Murmansk

AJOT | August 12, 2021 | Energy | Ports & Terminals

On August 7, 2021, the Arctic shuttle tanker Timofey Guzhenko discharged at the port of Murmansk the milestone 80-millionth tonne of crude oil shipped from the Varandey oil terminal operated by LUKOIL.

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Oil supertankers in doldrums with bunker-fuel costs high

Bloomberg | August 12, 2021 | Energy

The summer doldrums are here for oil supertankers.

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