Energy

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

Russia sees oil sales continuing thanks to discount, Interfax reports

Bloomberg | March 21, 2022 | Energy

Russian fuel-oil cargoes sail for US ports from pre-ban deals

Bloomberg | March 21, 2022 | Energy

U.S. ports are set to admit more Russian fuel oil than they’ve seen in eight months under contracts signed prior to the Biden administration’s ban on such shipments.

Germany opens door to Qatar natural gas in pivot from Russia

Bloomberg | March 21, 2022 | Energy

Germany opens door to Qatar LNG shipments in pivot from Russia

Bloomberg | March 21, 2022 | Energy

Korea’s soaring energy import costs raise trade deficit risk

Bloomberg | March 20, 2022 | Energy

Halliburton is winding down Russia operations amid sanctions

Bloomberg | March 20, 2022 | Energy

Mexico looks to suspend crude export cuts as prices rally

Bloomberg | March 20, 2022 | Energy

Lhyfe wins first Low-Carbon or Renewable Industry Prize at the 2022 Hydrogen Trophies

AJOT | March 18, 2022 | Energy | Alternative

Lhyfe, a world pioneer and pure player in green renewable hydrogen production, yesterday won a 2022 Hydrogen Trophy at the Hydrogénies competition rewarding the most dynamic and innovative players in the hydrogen sector in France.

EIA projects that renewable generation will supply 44% of U.S. electricity by 2050

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

In our Annual Energy Outlook 2022 (AEO2022) Reference case, which reflects current laws and regulations, we project that the share of U.S. power generation from renewables will increase from 21% in 2021 to 44% in 2050.

Oil jumps back above $100 as Russia casts doubt on Ukraine talks

Bloomberg | March 18, 2022 | Energy

Energy Shock Hitting Poorer Nations Reliant on Imports Hardest

Bloomberg | March 17, 2022 | Energy | Conventional | By The Numbers

Petroleum and natural gas are the most-used fuels in the United States through 2050

AJOT | March 17, 2022 | Energy

In our Annual Energy Outlook 2022 (AEO2022) Reference case, we project that U.S. energy consumption will grow through 2050, primarily driven by population and economic growth. In this case, which reflects only current laws and regulations, renewable energy is the fastest-growing energy source through 2050, and petroleum remains the largest share of energy consumption throughout that period, followed by natural gas.

Svanehøj wins fuel pump order for 15 LNG dual-fuel container vessels

AJOT | March 17, 2022 | Energy | Maritime | Technology

As the demand for dual-fuel LNG vessels continues to accelerate, the marine pump specialist Svanehøj is experiencing a significant increase in orders for deepwell fuel pumps. A large new order from Jiangsu New Yangzi Shipbuilding highlights the significant LNG pump potential in the ocean-going vessel segments.

Oil rises above $100 as Russia casts doubt on talks with Ukraine

Bloomberg | March 17, 2022 | Energy

Europe’s biggest trucker says demand good despite high fuel cost

Bloomberg | March 17, 2022 | Energy | Intermodal | Trucking

There’s little sign in the trucking industry that Europe’s soaring diesel prices are prompting customers to reconsider their deliveries.

Carbon capture and storage service spending to total more than $50 billion globally by 2025

AJOT | March 17, 2022 | Energy

Service sector spending on carbon capture and storage (CCS) developments is set to skyrocket this decade, quadrupling from 2022 to 2025, with cumulative global expenditure over the next three years topping $50 billion, Rystad Energy research indicates.

U.K. working out how to reduce local exposures to Gazprom

Bloomberg | March 17, 2022 | Energy

Oil advances above $100 with market gripped by huge volatility

Bloomberg | March 17, 2022 | Energy

Energy

Bloomberg | Top Story | March 16, 2022

Solar trade probe threatens US projects, developers say

A potential Commerce Department probe of solar imports from Southeast Asia has the potential to freeze investment in the U.S., industry leaders warned Tuesday.

EIA expects crude oil prices higher than $100 per barrel in coming months

AJOT | March 16, 2022 | Energy

On February 24, 2022, Russia initiated a further invasion of Ukraine that contributed to the recent sharp increase in the Brent and West Texas Intermediate (WTI) crude oil prices. This sharp rise in crude oil prices reflects increased geopolitical risk and uncertainty regarding how announced and potential future sanctions may affect global energy markets. In our March 2022 Short-Term Energy Outlook (STEO), which was finalized on March 3, we increased our forecast price of international benchmark Brent crude oil to $116 per barrel (b) for the second quarter of 2022.

Energy

Trending News

Upcoming Events

Latest Print Edition: