Energy

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

Arvato Supply Chain Solutions operates Pleasant Prairie location entirely on green electricity

AJOT | January 18, 2022 | Energy | Alternative | Logistics

Arvato Supply Chain Solutions has switched 100 percent of the energy supply to its distribution center in Pleasant Prairie, Wisconsin/USA, to green electricity from wind and solar power. This saves an average of around 1,500 metric tons of CO2 per year at the location. The consistent use of renewable energies is an important part of the supply chain and e-commerce service provider's sustainability strategy and is to be implemented at all locations in the global network by the end of 2022.

Energy

AJOT | Top Story | January 18, 2022

Jumbo-SAL-Alliance delivers comprehensive transportation solution for a mighty engineering challenge with a tight squeeze

After months of precision planning and engineering Jumbo Shipping, now part of Jumbo-SAL-Alliance, has carried out the tailor-made transportation of offshore platform modules including living quarters module, helideck and flare boom for client Kiewit Offshore Services.

LNG vessel’s U-turn to U.K. from Hawaii shows draw of European energy crisis

Bloomberg | January 18, 2022 | Energy | Maritime | Bulk

After nearly two months at sea and a dramatic U-turn near the Hawaiian islands, the Hellas Diana tanker carrying U.S. liquefied natural gas has declared the U.K. as its destination, shipping data compiled by Bloomberg show.

China’s fuel exports drop for a second year as quota tightened

Bloomberg | January 18, 2022 | Energy

Shell and ScottishPower win bids to develop 5 GW of floating wind power in the UK

Global subsea tie-back leader Norway set for $6.5 billion inflation hit in coming awards till 2026

AJOT | January 17, 2022 | Energy

Norway, the world’s top market for subsea tie-back projects in coming years, is facing an inflation-driven cost increase of $6.5 billion on upcoming contract awards for goods and services in the offshore oil and gas industry through 2026, a Rystad Energy report reveals.

Jet fuel market’s key metric surges as flights withstand omicron

Bloomberg | January 17, 2022 | Air Cargo | Airlines | Energy

Gazprom’s daily gas exports in January fall to lowest since 2015

Bloomberg | January 17, 2022 | Energy

Turkey’s gas import bill catapults budget deficit to record

Bloomberg | January 17, 2022 | Energy

Norway 2021 exports hit record with 77% jump, led by gas and oil

Bloomberg | January 17, 2022 | Energy

Lebanon denies it plans to buy gas from Israel

Bloomberg | January 16, 2022 | Energy

EIA forecasts natural gas prices to remain near $4/MMBtu in 2022, slightly lower in 2023

AJOT | January 14, 2022 | Energy | Conventional | By The Numbers

In our January Short-Term Energy Outlook (STEO), we forecast that the natural gas spot price at the U.S. benchmark Henry Hub will average $3.79 per million British thermal units (MMBtu) in 2022, slightly less than its 2021 average of $3.91/MMBtu.

Fresh challenge to Asian oil demand as omicron cuts traffic

Bloomberg | January 13, 2022 | Energy

Chevron HDAX 9700 oil gains unique approval for MAN four-stroke engines using gas or distillate fuels

AJOT | January 13, 2022 | Energy | Maritime | Technology

Chevron Marine Lubricant’s low sulphated ash trunk piston engine oil Chevron HDAX 9700 has become the first lubricant to gain time-unrestricted approval for use with MAN Energy Solutions’ four-stroke engines running on either LNG or distillate fuels (with a sulphur content of up to 0.10%).

Opsealog and Identec Solutions team up to optimize support vessel operations

AJOT | January 13, 2022 | Energy

Opsealog and Identec Solutions join forces to provide accurate, reliable tracking of support vessels, achieving unprecedented precision during a pilot project with Shell’s fleet in Nigeria

Lhyfe and Germany’s ENERPARC AG join forces to produce renewable hydrogen from solar energy

AJOT | January 13, 2022 | Energy | Alternative

Lhyfe, a global pioneer and pure player in the production of green renewable hydrogen, has signed its first project powered by solar photovoltaics. This is the company’s first official project using energy other than wind power. In Germany, in Brandenburg, Lhyfe will couple its hydrogen production system to the 20 MW photovoltaic installation of ENERPARC, one of Germany’s largest photovoltaic developers.

Dutch windship company opens funding round

Electric car makers brace for cost headache as battery-grade lithium price set to rise 50% within a year

AJOT | January 13, 2022 | Energy | Alternative

Electric vehicle (EV) producers and suppliers could be facing a major cost headache starting this year as prices for battery-grade lithium are poised to skyrocket. Prices for the metal are already trading at a record high of $35 per kilogram in Asia, and are likely to keep climbing to $50 per kilogram in the second half of 2022 and trade at around $52.5 per kilogram in January 2023, a Rystad Energy analysis shows.

Offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35% this decade

AJOT | January 13, 2022 | Energy | Maritime | Bulk

Demand for shuttle tankers in countries with robust offshore oil production and limited pipeline infrastructure is set to grow continuously in the coming years, as produced volumes in need of transport rise to 3.3 billion barrels per year before the end of the decade, jumping 35% from 2.5 billion in 2021, a Rystad Energy report shows.

Europe to ramp up diesel shipments to cold-gripped US East

Bloomberg | January 13, 2022 | Energy

European refiners are planning to send more diesel than usual to the U.S., where inventories of the fuel are low and a cold snap has gripped the Northeast, boosting demand for heating fuels.

Energy

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