Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
| March 29, 2021 | Energy | Conventional | By The Numbers
| March 26, 2021 | Energy | By The Numbers
| March 26, 2021 | Energy | Conventional | By The Numbers
| March 26, 2021 | Energy | Conventional | Maritime | Bulk
| March 25, 2021 | Energy
In April 2020, more crude oil was being refined in China's refineries than in U.S. refineries for the first month on record, and the trend continued for all remaining months in 2020 except for July and August. China processed more crude oil than the United States not only because of the unique effects of COVID-19 pandemic-related restrictions in 2020, but also because of differences in the longer-term structural refining trends between the two countries.
| March 25, 2021 | Energy | Logistics
| March 24, 2021 | Energy
| March 24, 2021 | Energy | Maritime | Technology
Damen Shipyards Group has teamed up with MO4 to take a step towards the digitalisation of offshore wind farm operations. This strategic alliance pairs Damen’s Triton monitoring platform with MO4 motion forecasting knowledge, offering data analytic based services. Vessel operation will become more effective and safety levels will increase at the same time.
| March 24, 2021 | Energy | Intermodal | Rail
| March 24, 2021 | Energy
| March 24, 2021 | Energy | Logistics
| March 23, 2021 | Energy
The most recent Regional Greenhouse Gas Initiative (RGGI) quarterly auction, held on March 3, 2021, resulted in a clearing price of $7.60 per short ton of carbon dioxide (CO2), surpassing the previous high price of $7.50 per short ton reached in December 2015. States can reinvest the proceeds from these auctions in consumer benefit programs to improve energy efficiency and accelerate the deployment of renewable energy technologies in the electric power sector.
| March 23, 2021 | Energy | International Trade
| March 23, 2021 | Energy
After a challenging 2020, oil and gas demand recovery – supported by vaccination efforts and OPEC+ supply cuts – is proving good for drilling activity. Rystad Energy expects around 54,000 wells to be drilled worldwide in 2021, a 12% increase from 2020 levels. In 2022 drilling is set to increase even more, by another 19% year-on-year to about 64,500 wells, though activity will still fall short of the 73,000 wells drilled in 2019.
| March 22, 2021 | Energy
Bureau Veritas (BV), a world leader in testing, inspection, and certification (TIC), has announced the completion of the classification of the Torman LNG floating regasification unit (FRU) at Tema port, Ghana in sheltered waters. The unit is combined with a floating storage unit (FSU) for the delivery of gas to onshore consumers.
| March 22, 2021 | Energy
The U.S. Energy Information Administration's (EIA) Annual Energy Outlook 2021 (AEO2021) projects that the volume of U.S. liquefied natural gas (LNG) exports through 2050 will span a wide range based on its published side cases. In the AEO2021 Reference case, U.S. LNG exports continue to grow throughout the 2020s, reaching 13.7 billion cubic feet per day (Bcf/d) after 2030. LNG exports vary across cases from approximately 8 Bcf/d to more than 27 Bcf/d, which illustrates how the volume of LNG exports depends on crude oil and domestic natural gas prices.
| March 22, 2021 | Energy | Logistics
| March 21, 2021 | Energy
| March 19, 2021 | Energy
On 15 March 2021 Sovcomflot and Shell broke new ground, with the completion of the first ever Aframax tanker fuelling using LNG in the USA.
© Copyright 1999–2024 American Journal of Transportation. All Rights Reserved