Energy

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

Russian crude shipments shrink 25% in just one week

Bloomberg | April 19, 2022 | Energy | Maritime | Bulk

Seaborne flows of Russian crude oil declined by a quarter in the seven days to April 15. Volumes heading to Asia from ports on the Black Sea, Baltic and Arctic coasts plunged to the lowest in two months.

Ukraine war gives US LNG chance to shed fracked-gas stigma

Bloomberg | April 19, 2022 | Energy

Residential heating oil and propane prices end the winter season higher than last winter

AJOT | April 18, 2022 | Energy

The U.S. average residential heating oil price ended the 2021–22 winter heating season at $5.13 per gallon (gal), $2.26/gal higher than at the same time last year, according to our Heating Oil and Propane Update. The U.S. average residential propane price ended the winter heating season at $2.98/gal, which is $0.69 higher than the end of season value for last winter.

Penske adds Ford E-Transit cargo vans to its rental and leasing fleet

Penske Truck Leasing today announced it has ordered 750 all-electric Ford E-Transit cargo vans. The company is taking delivery of its first several vehicles in the next several weeks. The move follows successfully piloting the vehicles late last year.

Investments in global sustainability now top $30 trillion

AJOT | April 18, 2022 | Energy | Alternative

US natural gas surges to 13-year high on global supply crunch

Bloomberg | April 18, 2022 | Energy

Libya closes biggest oil field and warns of more shutdowns

Bloomberg | April 18, 2022 | Energy

Mexico Congress debates President’s electricity reform

Bloomberg | April 18, 2022 | Energy

Putin’s ruble standoff with Europe risks de facto gas embargo

Bloomberg | April 17, 2022 | Energy

Russia April gas exports fall on spot price drop, warmer weather

Bloomberg | April 15, 2022 | Energy

LNG exports seen benefiting from US credit bank financing

Bloomberg | April 15, 2022 | Energy

The U.S. Export-Import Bank approved a plan Thursday that could yield a flood of financing for U.S. energy ventures, including wind and solar projects, battery manufacturing and terminals to sell LNG overseas.

EU may sanction Russian energy supplies as pressure builds, Yergin says

Bloomberg | April 15, 2022 | Energy

EIA: Wind was second-largest source of U.S. electricity generation on March 29

AJOT | April 14, 2022 | Energy | Alternative | By The Numbers

On Tuesday, March 29, wind turbines in the Lower 48 states produced 2,017 gigawatthours (GWh) of electricity, making wind the second-largest source of electric generation for the day, only behind natural gas, according to our Hourly Electric Grid Monitor.

PIL conducts trial use of marine biofuel

As part of ongoing efforts to achieve its decarbonisation objectives, Pacific International Lines (PIL) is pleased to share that it is conducting a trial use of marine biofuel on its container vessel “Kota Megah” when it called at the port of Singapore on 10 April 2022.

Biden’s hydrogen hub plan sparks $8 billion race among U.S. states

Bloomberg | April 13, 2022 | Energy | Alternative

Regions vie to host hubs for producing fuel from natural gas, water.

Another LNG tanker took a dramatic u-turn in pursuit of higher prices

Bloomberg | April 13, 2022 | Energy | Maritime | Bulk

Hefty April premiums for natural gas in Europe prompted LNG tanker British Listener to make an abrupt U-turn in the Pacific Ocean after spending two weeks at sea on a path to Asia.

Power prices remain high globally – Rystad Energy

AJOT | April 13, 2022 | Energy | Conventional | By The Numbers

Permian drilling permits hit all-time monthly high in March, signaling production surge on the horizon

AJOT | April 13, 2022 | Energy | Conventional | By The Numbers

Horizontal drilling permits for new wells in the Permian Basin hit an all-time high in March, with 904 total permit awards, driven by elevated oil prices and production demand, Rystad Energy research shows.

Haynesville natural gas production reached a record high in late 2021

AJOT | April 13, 2022 | Energy | Conventional | By The Numbers

Dry natural gas production from the Haynesville shale play in northeastern Texas and northwestern Louisiana reached new highs in the second half of 2021, and production has remained relatively strong in early 2022. Haynesville natural gas production accounted for about 13% of all U.S. dry natural gas production in February 2022.