Energy

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


Oceantic Network celebrates completion of South Fork Wind Project

AJOT | March 14, 2024 | Energy | Alternative

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First hybrid electric vessel built in South America uses Corvus battery system

AJOT | March 14, 2024 | Energy | Alternative

Corvus Energy is pleased to supply the battery energy storage system onboard the Magellan Discoverer— the first hybrid diesel-electric vessel to be constructed in South America...

$750 million to support America’s hydrogen industry from “Investing in America” agenda
Energy
AJOT | Top Story | March 14, 2024

$750 million to support America’s hydrogen industry from “Investing in America” agenda

Biden-Harris: 52 Projects Across 24 States to Accelerate Breakthroughs in Clean Hydrogen Technology, Cutting Costs and Supporting DOE’s Hydrogen Hubs and Other Large-Scale Deployments...
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Today in Energy: Four countries could account for most near-term petroleum liquids supply growth

AJOT | March 14, 2024 | Energy

In 2023, the world produced an estimated 101.8 million barrels per day (b/d) of petroleum and other liquids: mostly crude oil but also lease condensate, natural gas liquids, biofuels, and other liquids from hydrocarbon sources...

Shell publishes Energy Transition Strategy 2024

AJOT | March 14, 2024 | Energy | Alternative

US green fuel push threatens Argentina’s main export market

Bloomberg | March 14, 2024 | Energy | Alternative

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Biden delivers road map to electrify long-haul trucking routes

Bloomberg | March 13, 2024 | Energy | Alternative | Trucking

The new plan would prioritize investments in electric vehicle chargers and hydrogen fueling stations along key freight corridors around the US.

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US solar factories are in for ‘rude awakening,’ report warns

Bloomberg | March 13, 2024 | Energy | Alternative

Many planned US solar factories probably won’t be built as cheap imports from Chinese companies push global cell and panel prices so low that even federal subsidies can’t sustain domestic plants, a report warns.

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Ørsted secures first access to lower-emission heavy plate steel through MoU with Dillinger

AJOT | March 13, 2024 | Energy | Alternative | Project / Heavy Lift | Maritime Project

Ørsted and Dillinger (Aktien-Gesellschaft der Dillinger Hüttenwerke) strengthen their partnership as the energy company secures its first offer to procure Dillinger’s lower-emission heavy-plate steel for offshore wind...

Critical minerals: Harnessing data key to unlocking hidden treasures
Energy
AJOT | Top Story | March 13, 2024

Critical minerals: Harnessing data key to unlocking hidden treasures

A UNCTAD solution for developing countries to digitalize and share data on natural resources gains renewed significance amid soaring demand for minerals vital for the transition to clean energy...
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Winter storms have disrupted U.S. natural gas production

AJOT | March 13, 2024 | Energy | Conventional

Over the last four winters, winter storms Uri (February 2021), Elliott (December 2022), and most recently, Heather (January 2024) interrupted weekly U.S. natural gas production by more than 15 billion cubic feet per day...

Ørsted divests share of four US onshore wind farms to Stonepeak

AJOT | March 13, 2024 | Energy | Alternative

EIA expects low natural gas prices to continue in 2024

AJOT | March 13, 2024 | Energy | Alternative

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TODAY IN ENERGY: U.S. propane exports established a new record in December 2023

AJOT | March 12, 2024 | Energy

U.S. propane exports averaged a record 1.9 million barrels per day (b/d) in December 2023, the highest since we began collecting this data in 1973 in our Monthly Energy Review...

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IMC announces significant investment in electric and hydrogen technology at sustainability event

AJOT | March 11, 2024 | Energy | Green Shipping | Trucking

IMC Logistics, the largest marine drayage provider in the nation, announced a significant investment in sustainability at a special event in Compton, CA on March 6, 2024.

$3.24 billion methanol plant planned on Port of Lake Charles property
Energy
AJOT | Top Story | March 11, 2024

$3.24 billion methanol plant planned on Port of Lake Charles property

Lake Charles Methanol II LLC (“Lake Charles Methanol”) has announced plans to invest $3.24 billion to construct a new manufacturing plant that will produce low-carbon intensity methanol and other chemicals at the Port of Lake Charles.
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United States produces more crude oil than any country, ever

AJOT | March 11, 2024 | Energy | Conventional

The United States produced more crude oil than any nation at any time, according to our International Energy Statistics, for the past six years in a row. Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d) in 2023, breaking the previous U.S. and global record of 12.3 million b/d, set in 2019...

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