Energy

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

Asahi Kasei and Honda Sign Shareholders’ Agreement to convert existing Asahi Kasei subsidiary into joint venture for production of lithium-ion battery separators in Canada

AJOT | December 10, 2024 | Energy | Alternative

Asahi Kasei Corporation (Asahi Kasei) and Honda Motor Co., Ltd. (Honda) announced today that the two companies have signed a shareholders’ agreement to convert an existing Asahi Kasei subsidiary in Canada into a joint venture company. This agreement was reached as a result of continued discussions on collaboration for the production of lithium-ion battery separators in Canada based on the basic agreement the two companies announced on April 25, 2024.

Today In Energy: Five states drove record U.S. natural gas production in 2023

AJOT | December 10, 2024 | Energy

Five states produced more than 70% of the record 113.1 billion cubic feet per day (Bcf/d) of U.S.-marketed natural gas production in 2023. Texas accounted for 28% of U.S. marketed natural gas production in 2023, according to our Natural Gas Monthly, followed by Pennsylvania (18%), Louisiana (10%), West Virginia (8%), and New Mexico (8%).

Kinder Morgan announces 2025 financial expectations

AJOT | December 09, 2024 | Energy

EERE Investment Snapshot showcases impressive returns on federal investment in energy innovation

AJOT | December 09, 2024 | Energy

California law and refinery closure reflect ongoing challenges for the state’s fuel market

AJOT | December 09, 2024 | Energy | Conventional

On October 14, California Governor Gavin Newsom signed bill Abx2-1 into law, empowering California regulators to set and adjust minimum petroleum product inventory levels for refiners in the state, in part to address the state’s fuel price volatility. Shortly after, refiner Phillips 66 announced plans to close its Wilmington refinery in Los Angeles by the end of 2025, citing uncertainty surrounding the long-term sustainability of the refinery.

U.S. Department of Energy Prize winners advance clean energy and manufacturing innovation in underserved communities

AJOT | December 06, 2024 | Energy

The U.S. Department of Energy (DOE) today announced that 19 teams participating in the Community Energy Innovation Prize have completed the challenge to support innovation, entrepreneurship, capacity building, and economic development in communities historically underrepresented in clean energy funding.

Oil rises after OPEC+ pushes back output hike, extends cuts through 2026

Reuters | December 05, 2024 | Energy

Meta buys credits from four big US solar projects

Reuters | December 05, 2024 | Energy | Alternative

Meta Platforms Inc announced a deal on Thursday to buy the green credits from four large U.S. solar energy projects that will help the Facebook owner meet its clean electricity goals as its power needs surge.

The LNG pathway is only ‘two minutes into the hour’ of our journey to net zero, says SEA-LNG

LNG and the pathway to net zero is still in its adolescence as a maritime fuel, is maturing faster than other alternative fuels, but more investment is needed

Cost-efficient strategies can significantly cut price of FuelEU Maritime compliance, according to DNV

AJOT | December 05, 2024 | Energy | Green Shipping | Maritime

According to a new DNV white paper outlining FuelEU Maritime requirements and compliance strategies for shipowners, compliance with the upcoming regulations will be expensive but applying certain strategies can significantly reduce the cost.

Shell and Equinor to create the UK’s largest independent oil and gas company

AJOT | December 05, 2024 | Energy

First MAN eTruck starts with Duvenbeck in emission-free VW plant logistics

With today’s handover of the first MAN eTruck to the Duvenbeck Group in Munich, MAN Truck & Bus is setting another milestone in the electrification of freight transport.

OPEC+ acknowledges supply glut and output compliance issues in latest cut extension - Rystad Energy’s Oil Market Update

AJOT | December 05, 2024 | Energy

OPEC+ members announced the following after a virtual meeting today

Argentina’s crude oil and natural gas production near record highs

AJOT | December 05, 2024 | Energy

Crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output from the Vaca Muerta shale formation, which is offsetting declining output from conventional oil and natural gas fields.

Oilfield service consolidation to increase under Trump, report says

Reuters | December 05, 2024 | Energy

Venture Global says new LNG environmental review unnecessary

Reuters | December 05, 2024 | Energy

Shell and Equinor form UK North Sea oil and gas joint venture

Reuters | December 05, 2024 | Energy

Shell and Norway's Equinor will merge their British North Sea assets to form what is set to be the ageing basin's largest oil and gas company, the pair said on Thursday.

Energy

AJOT | Top Story | December 04, 2024

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