Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
| June 30, 2021 | Energy
| June 30, 2021 | Energy
| June 29, 2021 | Air Cargo | Airlines | Energy | Alternative | Logistics
● IAG Cargo partners with Kuehne+Nagel to complete its first charter chain from Stuttgart to Atlanta in the United States using Neste MY Sustainable Aviation Fuel™ (SAF) ● IAG Cargo sourced an initial supply of 1.2million litres of neat SAF produced by Neste. The SAF is made from sustainably sourced, renewable waste and residue raw materials ● The first SAF-fuelled charter chain of 16 flights carried automotive parts, as the global automotive trade continues to thrive
| June 28, 2021 | Energy | Alternative | Maritime | Technology
| June 28, 2021 | Energy | Maritime | Technology
Svanehøj gets its breakthrough in the container ship market. Shipyard giants Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries have ordered deepwell gas fuel pumps for 22 Ultra Large Container Vessels.
| June 28, 2021 | Energy
We release an updated inventory of what we consider drilled but uncompleted wells (DUCs) each month in our Drilling Productivity Report (DPR). We publish updates to DUC estimates by region in a publicly accessible spreadsheet. In May 2021, the most recent month available, we estimated that the United States has about 6,521 DUCs in seven major tight oil and shale natural gas basins, up from about 4,425 DUCs in 2013, the earliest year in the data series. Nearly 40% of DUCs (or 2,616 DUCs) are in the Permian Basin, located in western Texas and eastern New Mexico.
| June 25, 2021 | Energy | Conventional | By The Numbers
| June 24, 2021 | Energy
Crowley recently took delivery of its new 55,000-barrel, articulated tug-barge (ATB), the Aurora/Qamun. The 410-foot vessel is the second ATB in Crowley’s fleet, after the Aveogan/Oliver Leavitt, to be dedicated to the Alaska market. The ATB is specially designed to add efficiency and range to transport clean petroleum products for Crowley Fuels, the company’s Alaska-based business unit.
| June 24, 2021 | Energy | Alternative
Expert in fuel efficiency is now managing company operations
| June 24, 2021 | Energy
U.S. ethane exports reached an all-time high in March 2021 after a new export facility started operations and the tanker fleet that carries liquefied ethane overseas expanded.
| June 23, 2021 | Energy
With oil trading above $70 per barrel while investment activity remains low, the world’s publicly traded exploration and production (E&P) companies are set to generate record-breaking free cash flows in 2021, a Rystad Energy report projects. Their combined FCF* is expected to surge to $348 billion this year, with the previous high being $311 billion back in 2008.
| June 23, 2021 | Energy | Alternative
| June 23, 2021 | Energy
Supplying liquefied natural gas to the growing Asian market has become more expensive for US producers this year, a Rystad Energy report reveals.
| June 22, 2021 | Energy | Alternative | Maritime | Technology
| June 22, 2021 | Energy
In our June 2021 Short-Term Energy Outlook (STEO), we forecast U.S. natural gas prices to increase during 2021 and 2022 from 2020 prices as a result of expected growth in natural gas consumption and natural gas exports that outpace expected growth in production and imports. We also forecast the 2021 Henry Hub natural gas spot price to average $3.07 per million British thermal units (MMBtu), an increase of $1.04/MMBtu from the record lows of 2020.
| June 21, 2021 | Energy
| June 21, 2021 | Energy
| June 21, 2021 | Energy | Alternative | Maritime | Technology
MARIN and ABS have kicked off the WiSP2 Joint Industry Project to help facilitate the broad uptake of wind propulsion as an important tool to decarbonise shipping.
| June 21, 2021 | Energy | Alternative
DNV, the world’s leading classification society, has completed a concept verification review of Odfjell Oceanwind’s WindGrid™ (WindGrid) system for Mobile Offshore Wind Units (MOWUs). DNV’s review confirms the technical feasibility of the WindGrid system, and that expected reductions in CO2-emissions for North Sea applications are in the range of 60-70%, compared to generation of electricity from conventional gas turbines.
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