Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Oil tanker near Iraq finds mine on hull as gulf risks mount
| January 01, 2021 | Energy
Venezuelan oil exports crater as OPEC+ set to unleash more crude
| December 31, 2020 | Energy
Signal look back at 2020: The headwinds, tailwinds and everything in between
| December 29, 2020 | Energy | Maritime
Enterprise and Navigator begin service on Houston Ship Channel ethylene storage tank
| December 29, 2020 | Energy
Jumbo installs Karish FPSO mooring system while breaking its deep-water record in the process
| December 28, 2020 | Energy | Project / Heavy Lift | Maritime Project
On behalf of TechnipFMC, Jumbo Offshore successfully completed the first phase of work on Energean’s Karish gas field offshore Israel in October. Jumbo’s scope of work included transport and installation of 14 suction piles (part of a 14-point FPSO mooring system), a tie-in manifold and a 24 inch deepwater gas sales spool. Jumbo installed the components at a depth of 1,760 metres, breaking its own deep-water installation record. Jumbo’s work is scheduled to recommence in 2021, with the hook-up and installation of the Energean Power FPSO, the first FPSO ever to operate in the East Mediterranean
Qatar November exports rise from prior month; Energy sales lower
| December 28, 2020 | Energy | International Trade
Iran cuts gas flows to Iraq, threatens further reductions
| December 27, 2020 | Energy | International Trade
Freight boom fires Buffett trains, Maersk ships and oil prices
| December 24, 2020 | Energy | Intermodal | Rail | Maritime | Liner Shipping
A great global restock is at hand, filling ships, trucks and trains, and also firing oil demand.
Not even Christmas can save a battered market for US jet fuel
| December 24, 2020 | Air Cargo | Airlines | Energy
Bump in holiday air travel won’t bring cheer to the oil market
| December 23, 2020 | Air Cargo | Airlines | Energy
NJ Governor Murphy announces $250 million total investment in state-of-the-art manufacturing facility to build wind turbine components
| December 23, 2020 | Energy | Ports & Terminals
Governor Phil Murphy, alongside EEW, Ørsted, legislators, and members of the building trades, today announced a $250 million investment in a state-of-the-art manufacturing facility to build steel components, known as monopiles, for offshore wind turbines that will serve the entire United States offshore wind industry. The facility, which will be located at the Paulsboro Marine Terminal in Gloucester County, is the largest industrial offshore wind investment in the United States to date and will create more than 500 high-paying jobs at full build out. Construction on the facility will break ground in January 2021, with production beginning in 2023.
As 2021 will bring the largest crude deficits in years, a window of opportunity opens for producers
| December 23, 2020 | Energy
The Covid-19 pandemic has devasted crude and condensate demand in 2021, creating massive supply surpluses and filling up inventories, causing producers to slash their output in order to keep prices at somewhat profitable levels. Rystad Energy’s latest balances, however, show that 2021 could offer producers a window of opportunity, as monthly supply deficits may reach their highest level in years.
Nestle supplies DHL Express with sustainable aviation fuel at San Francisco International Airport
| December 22, 2020 | Air Cargo | Freighters | Energy
Asia to remain mother of batteries, cell supply deficit coming after 2025, net zero is the new black
| December 22, 2020 | Energy
The energy world is changing, and quicker than most experts predicted only a year ago. The adaptation of renewable energy technologies is accelerating, even during the pandemic, and three contenders – carbon capture and storage (CCS), battery storage and hydrogen – have begun a competitive race to reduce emissions and assist the increasing number of countries, industries and companies that are setting net zero targets.
AMLO’s nationalist bent casts 200 energy projects into limbo
| December 22, 2020 | Energy | International Trade
Oil’s slump deepens as new virus strain threatens fuel demand
| December 22, 2020 | Energy
Ruble drops most in nine months on tumbling oil, sanctions woes
| December 21, 2020 | Energy
Oil’s vaccine trade faces hurdles ahead
| December 20, 2020 | Energy
OPEC+ will react faster, be more hands-on with oil market
| December 19, 2020 | Energy
UECC adds renewable biogas to eco-pedigree, teams up with Gasum for first LNG-LBG ro-ro bunkering
| December 18, 2020 | Energy | Ports & Terminals
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