Energy

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

US holds world’s top LNG exporter spot on European energy crisis

Bloomberg | February 03, 2022 | Energy | Maritime | Bulk

The U.S. held its ranking as the world’s top exporter of liquefied natural gas for a second month in a row, as Europe’s winter energy crisis draws more cargoes to the continent.

Constellation’s CEO sees hydrogen as key in push to cut carbon

Bloomberg | February 03, 2022 | Energy | Alternative

China’s new energy heavy trucks will see more growth in 2022

The future of oil demand will in part be determined by those vehicles.

Estonia seeks to expand EU sanctions on Belarusian oil products

Bloomberg | February 03, 2022 | Energy | International Trade | Commodity

Pemex holds back barrels in bid to ramp up domestic fuelmaking

Bloomberg | February 03, 2022 | Energy

Biden scours globe to send Europe gas if Russia hits Ukraine

Bloomberg | February 02, 2022 | Energy

US propane prices fell from multiyear highs after a mild start to the winter

AJOT | February 02, 2022 | Energy

A mild start to this winter’s heating season caused U.S. propane prices to decline from the highest starting prices for a heating season since 2014. The wholesale propane price at the U.S. benchmark at Mont Belvieu, Texas, reached $1.51 per gallon (gal) on October 5, 2021, and has since declined to $1.30/gal as of January 31, 2022.

Biden scours globe so Europe can get gas if Russia hits Ukraine

Bloomberg | February 02, 2022 | Energy

Super-sized offshore wind installations could suffer bottlenecks from 2024 as vessels remain lightweight

Offshore wind turbines are growing in size as technology advances and demand for renewable energy soars but installing them could be a headache for operators as demand will outpace the supply of capable vessels by 2024, Rystad Energy research shows.

US airlines’ 2021 total fuel use decreases 25% from pre-pandemic 2019

AJOT | February 02, 2022 | Air Cargo | Airlines | Energy

December 2021 fuel use down 13% from December 2019

Mexico declares lithium too strategic for private investors

Bloomberg | February 02, 2022 | Energy | Alternative | International Trade

Mexico’s President Andres Manuel Lopez Obrador is ratcheting up nationalistic rhetoric around the country’s untapped lithium deposits, signaling private capital isn’t welcome in the industry.

Cyberattackers target key fuel-distribution firms in Europe

Bloomberg | February 02, 2022 | Energy

US talks to China, Japan, India about sending gas to Europe

Bloomberg | February 02, 2022 | Energy

Iran gas crunch forces Mideast buyers to seek alternative supply

Bloomberg | February 02, 2022 | Energy

Turkey’s trade gap widens most in 10 years as energy bill swells

Bloomberg | February 02, 2022 | Energy | International Trade

Morocco aims to import chilled gas via Spain after Algeria snub

Bloomberg | February 02, 2022 | Energy

European fuel terminals halted by ‘IT issues’ amid German hack

Bloomberg | February 02, 2022 | Energy | Ports & Terminals

Advocates welcome Ports of Los Angeles, Shanghai announcement of first transpacific green shipping corridor commitment

AJOT | February 01, 2022 | Energy | Alternative | Ports & Terminals

Beam Global announces record deliveries in 2021

AJOT | February 01, 2022 | Energy | Alternative

Five states updated or adopted new clean energy standards in 2021

AJOT | February 01, 2022 | Energy

As of the end of 2021, 31 states and the District of Columbia had renewable portfolio standards (RPS) or clean energy standards (CES). These polices require electricity suppliers to supply a set share of their electricity from designated renewable resources or carbon-free eligible technologies. Four states—Delaware, Oregon, North Carolina, and Illinois—updated their RPS or CES policies in 2021. In addition, Nebraska approved its first clean energy goal in December 2021, becoming the 20th U.S. state to commit to 100% clean electricity by 2050.

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