Energy

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

Funds approach Eni for second biofuel stake sale as it readies deal with KKR, sources say

Reuters | September 26, 2024 | Energy

Natgas producer BKV valued at $1.56 billion in NYSE debut

Reuters | September 26, 2024 | Energy

FTC bars Hess CEO from Chevron board seat as condition of deal, say sources

Reuters | September 26, 2024 | Energy

Winter is coming in Europe as geopolitical risks rise - Rystad Energy’s Gas and LNG Market Update

AJOT | September 26, 2024 | Energy

Cold temperatures in the coming days are expected to lead to a short-term rise in gas demand for heating across Europe, marking an early onset of the heating season.  

Energy

AJOT | Top Story | September 26, 2024

Category 3 Hurricane Helene nears landfall, disrupts energy infrastructure

As of 8:00 a.m. eastern time on September 26, Hurricane Helene was expected to make landfall as a Category 3 hurricane on the eastern part of the Florida Panhandle late Thursday with sustained winds of 115 miles per hour, creating the potential for significant disruptions to energy infrastructure.

Alliance for Aviation Across America: New Senate sustainable aviation caucus good news for rural towns, communities

Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility

Reuters | September 26, 2024 | Energy

OPEC+ set to go ahead with Dec oil output hike, sources say

Reuters | September 26, 2024 | Energy

Energy

Stas Margaronis | Top Story | September 25, 2024

Norway’s Vard develops ocean charger: Offshore wind charging for service operation vessels

Vard, the Norwegian shipbuilder and ship designer, is working with sister company Seaonics to develop Ocean Charger, offshore wind turbine-based battery charging, primarily designed for Service Operation Vessels, (SOVs) that service offshore wind farms.

US lawmakers seek to pay livestock farmers to use climate-friendlier practices

Reuters | September 25, 2024 | Energy | Alternative

Farmers in the United States who raise livestock in large industrial operations could get funding from President Joe Biden's signature climate law to transition to more environmentally friendly practices under bills introduced in the House and Senate on Wednesday.

Energy

AJOT | Top Story | September 25, 2024

Smart Freight Centre launches new shipper-carrier coalition to pilot heavy-duty EV charging along the first ever US over the road electrified corridor

AIT Worldwide, DB Schenker, Maersk, Microsoft, PepsiCo, and others join forces to refine EV charging operations along corridor between Los Angeles and El Paso and advance sustainable transport ecosystem

U.S. net natural gas exports remain flat in the first half of 2024

AJOT | September 25, 2024 | Energy

In the first six months of 2024, U.S. net natural gas exports (exports minus imports) averaged 12.6 billion cubic feet per day (Bcf/d), 1% (0.1 Bcf/d) more than the same period last year and 2% (0.3 Bcf/d) less than in 2023, according to our Natural Gas Monthly.

OrbitMI rolls out platform upgrades to navigate complexity and ease compliance with FuelEU

AJOT | September 25, 2024 | Energy | Alternative | Green Shipping

Pemamek secures major order from GS Entec places extensive order for wind energy equipment

AJOT | September 25, 2024 | Energy | Alternative

Pemamek Oy has received a significant order from South Korea’s GS Entec, a prominent manufacturer of equipment and facilities for chemical and energy plants.

Developing nations risk being sidelined from renewable energy boom, leaders say

Reuters | September 25, 2024 | Energy | Alternative

World leaders on Tuesday said that developing nations risk missing out on a push to triple the amount of renewable energy worldwide without financial support from rich countries.

Marathon, Teamsters negotiations remain at standstill as strike enters third week

Reuters | September 24, 2024 | Energy

DNV awards Type Approval Design certification to Hanwha Ocean’s rotor sail technology

DNV has awarded Hanwha Ocean Type Approval Design Certification (TADC) for its innovative rotor sail technology, the first certification of a rotor sail approved for installation in hazardous zones in South Korea.

2024 Climate Week NYC marks start of work to build 12-megawatt energy system at JFK’s new Terminal One

Unique resilient design will provide electricity for new terminal’s daily operations

The US is the world’s largest gasoline exporter

AJOT | September 24, 2024 | Energy

The United States is the world’s largest exporter of motor gasoline (finished gasoline plus gasoline blending components), supplying over 16% of total global exports. U.S. motor gasoline exports in 2023 averaged 900,000 barrels per day (b/d), equivalent to about 10% of domestic consumption and enough to fill up the tanks of over 1.5 million SUVs per day, assuming an average tank size of 24 gallons.

China provides some respite as oil prices climb - Rystad Energy’s Oil Macro Market Update

AJOT | September 24, 2024 | Energy | Conventional

Brent oil prices are gaining momentum, topping $75 per barrel on 24 September, supported by last week's Fed rate cut, promising economic news from China and escalating geopolitical tensions.

Energy

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