Energy

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

Oil recovers as market corrects Friday’s panic selloff - Rystad Energy

AJOT | November 29, 2021 | Energy | Conventional | By The Numbers

Energy

AJOT | Top Story | November 29, 2021

Interior Department approves second major offshore wind project in U.S. Federal waters

As part of the Biden-Harris administration’s goal to deploy 30 gigawatts (GW) of offshore wind energy by 2030, the Department of the Interior today announced it has approved the construction and operations of the South Fork Wind project offshore Rhode Island.

Recent legislation would reduce the U.S. Strategic Petroleum Reserve

AJOT | November 29, 2021 | Energy | Conventional | By The Numbers

On Tuesday, November 23, the White House announced plans to make 50 million barrels of crude oil available to the market through a combination of exchanges and accelerating previously announced sales.

BP plans green hydrogen base in U.K. as energy transition speeds up

Bloomberg | November 28, 2021 | Energy | Alternative

Shipping push for world-first CO2 charge stalls at IMO talks

Shipping’s global regulator signaled that a tiny CO2-based charge on vessels’ fuel consumption will not be approved at a meeting this week, underscoring the challenge facing the industry in its bid to decarbonize.

Shell sees major potential for sustainable aviation fuel in Asia

Chevron’s Venezuelan operations kept in limbo after Maduro’s win

Bloomberg | November 26, 2021 | Energy

Asian oil refining renaissance is grinding into reverse gear

Bloomberg | November 26, 2021 | Energy

Two more U.K. energy suppliers collapse in avalanche of failures

Bloomberg | November 25, 2021 | Energy

South Fork Wind receives federal record of decision, setting stage for NY’s first offshore wind farm to begin onshore construction in early 2022

South Fork Wind, New York’s first offshore wind farm, today announced it received its Record of Decision (ROD) from the U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM), successfully reaching a critical milestone in the federal environmental review.

SCAG awards $10 million to help electrify truck fleets and mitigate community impacts of last-mile deliveries

AJOT | November 24, 2021 | Energy | Alternative

Much of Biden’s oil release will likely end up in China, India

Bloomberg | November 24, 2021 | Energy

Average US gasoline prices are higher this Thanksgiving than any since 2012

AJOT | November 24, 2021 | Energy

The average price that consumers paid at the pump for U.S. regular gasoline on the Monday before Thanksgiving this year was $3.40 per gallon (gal). This price is $1.29/gal (62%) higher than last year and is the highest pre-Thanksgiving price since 2012 (in nominal terms), according to our latest Gasoline and Diesel Fuel Update. U.S. gasoline prices are 82 cents/gal (32%) higher than at the same time in 2019, before the COVID-19 pandemic. October 2021 had the largest recorded year-over-year increase in gasoline prices, at $1.13/gal, since we began collecting gasoline prices in 1990.

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