Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
US fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years
| July 06, 2021 | Energy
In 2020, total consumption of fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 quadrillion British thermal units (Btu), down 9% from 2019 and the lowest level since 1991, according to our Monthly Energy Review. Our new chart of U.S. fossil fuel consumption by source and sector shows how each sector consumes fossil fuels. The chart also shows fossil fuels used for industrial non-combustion or nonfuel purposes, for example, in making plastics and chemicals.
Berge Bulk and marine biofuel pioneer GoodFuels successfully complete first bio-bunkering
| July 06, 2021 | Energy | Maritime | Breakbulk News
Trial further demonstrates the viability of GoodFuels’ sustainable marine biofuel in future fuel mix and takes Berge Bulk another step closer to shipping’s decarbonisation goals
Politics seep into oil as diverging goals test Saudi-UAE ties
| July 06, 2021 | Energy
OPEC+ shows no sign of healing rift just before talks resume
| July 05, 2021 | Energy
High oil prices send US refiners scouring for alternatives
| July 02, 2021 | Energy | Logistics
Shell starts up Europe’s largest PEM green hydrogen electrolyser
| July 02, 2021 | Energy | Alternative
Oil prices on waiting mode in anticipation of OPEC+ crucial policy call
| July 02, 2021 | Energy | Conventional | By The Numbers
Growth in global LNG trade was flat in 2020
| July 02, 2021 | Energy | Conventional | By The Numbers
An expected surge in FPSO awards in 2021 and 2022 is set to double fabricators’ pipeline
| July 01, 2021 | Energy
Τhe FPSO market is booming this year, with more contracts awarded in the second quarter of 2021 than during the full year 2020. Rystad Energy expects FPSO awards to reach a total of 10 units in 2021, with another 10 following next year, creating a very healthy project line-up for contractors, effectively doubling their pipeline.
Maersk signs shipbuilding contract for world’s first container vessel fueled by carbon neutral methanol
Nonfossil fuel sources accounted for 21% of U.S. energy consumption in 2020
| July 01, 2021 | Energy
Primary energy consumption totaled 93 quadrillion British thermal units (quads) in the United States in 2020, or 7 quads less than in 2019. Fossil fuels—specifically petroleum, natural gas, and coal—accounted for 79% of total U.S. energy consumption in 2020. About 21% of U.S. energy consumption in 2020 came from nonfossil fuel sources such as renewables and nuclear—the highest share since the early 1900s, according to data in our Monthly Energy Review.
Comau developed one of the world’s first automated manufacturing lines for lithium-ion battery for Leclanché
| July 01, 2021 | Energy | Alternative
• Comau has designed and developed one of the world’s first automated manufacturing lines for lithium-ion battery modules dedicated to e-transport solutions • The line will allow Leclanché to produce up to six times its current capacity to reach a final output of more than 60,000 modules per year • By automating complex manual processes the innovative solution reduces operating costs by up to 20% • The all-in-one system covers the entire battery manufacturing process with the inherent flexibility to handle up to 50 different product configurations
The electric vehicle market is getting increasingly reliant on China’s battery components
| July 01, 2021 | Energy | Alternative
The accelerating adoption of electric vehicles has created an unprecedented situation for the global battery market and the sourcing of its key components. The manufacturing of cathode, one of the most critical components for batteries, is currently dominated by Asian manufacturers, with China controlling 74.3% of the global capacity – a share that will grow further to a massive 83.8% in 2025, a Rystad Energy report reveals.
New electric airplane to make first flight this year
| July 01, 2021 | Air Cargo | Technology | Energy | Alternative
Electric-plane startup Eviation Aircraft Ltd. unveiled the production version of its Alice commuter aircraft, saying the pioneering model is set for an inaugural flight in the second half of this year ahead of service entry in 2024.
MOL’s wholly owned Euro Marine Logistics starts sea trials of car carrier powered by biofuel
| June 30, 2021 | Energy | Maritime | Technology
Supreme Court backs pipes on land-use suits in PennEast win
| June 30, 2021 | Energy
The U.S. Supreme Court ruled that natural-gas pipeline projects with federal approval can seize state-owned land, boosting PennEast Pipeline Co.’s planned 116-mile line through Pennsylvania and New Jersey.
NERC report outlines potential electricity disruptions in the United States this summer
| June 30, 2021 | Energy
Parts of the United States are at elevated or high risk for potential electricity emergencies this summer, according to the North American Electric Reliability Corporation's (NERC) 2021 Summer Reliability Assessment.
Rolls-Royce, Shell deepen sustainable jet-fuel partnership
| June 30, 2021 | Air Cargo | Technology | Energy
Big oil attacks the SEC over mandatory ESG disclosure
| June 30, 2021 | Energy
Turkey repatriates overseas energy firms due to sanction threats
| June 30, 2021 | Energy
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