Energy

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


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EIA estimates that global petroleum liquids consumption dropped 9% in 2020

AJOT | January 29, 2021 | Energy

Responses to the coronavirus disease (COVID-19) caused global demand for petroleum products to fall significantly in 2020. The U.S. Energy Information Administration (EIA) estimates that the world consumed 92.2 million barrels per day (b/d) of petroleum and other liquid fuels in 2020, a 9% decline from the previous year and the largest decline in EIA’s series that dates back to 1980.

Hydrogen could be key to clean long-haul transport in Canada

Bloomberg | January 29, 2021 | Energy | Intermodal | Trucking

Oil slips with global virus risks clouding a demand rebound

Bloomberg | January 28, 2021 | Energy | Conventional

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A major(s) rating! Total outperformed peers in 2020, a year of cost reductions and poor discoveries

AJOT | January 28, 2021 | Energy

Despite the devastating downturn of 2020, most global majors held up quite well during the market turmoil, a Rystad Energy comparative analysis reveals after measuring key upstream performance metrics. Total outshined all other peers, as the French company not only exceled in financial and operational performance, but also was the only major to replace all of the year’s produced resources.

US tries to seize oil shipment it says is from Iran

Bloomberg | January 28, 2021 | Energy

Buffett-backed truck stop to buy ethanol plant as recovery eyed

Bloomberg | January 28, 2021 | Energy | Intermodal | Trucking

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Damen launches FCS 7011

AJOT | January 27, 2021 | Energy

On 21th January, Damen Shipyards Group’s revolutionary Fast Crew Supplier (FCS) 7011 was launched into the water at Damen Shipyards Antalya, Turkey. The vessel, hailed as a quantum leap forward in marine access solutions, is the result of close market consultation. To meet the needs of an offshore industry faced with consistently low oil prices, Damen has developed the FCS 7011 as a cost-effective crew transportation alternative boasting robust safety characteristics.

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After 2020 decline, EIA expects energy-related CO2 emissions to increase in 2021 and 2022

AJOT | January 26, 2021 | Energy

In its January 2021 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) expects that energy-related carbon dioxide (CO2) emissions in the United States will increase in 2021. Economic growth and the lessening of pandemic-related restrictions result in more energy consumption and associated CO2 emissions. EIA expects total energy-related CO2 emissions to increase to 4.8 billion metric tons in 2021 and 4.9 billion metric tons in 2022.

Al Khaldi and Bertling Logistics join forces in Saudi Arabia to offer end-to-end logistics solutions

AJOT | January 26, 2021 | Energy | Project / Heavy Lift | Maritime Project

US tries to seize oil shipment it says came from Iran

Bloomberg | January 26, 2021 | Energy

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