Energy

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

The First phase of the Market Test for the floating LNG Terminal in Alexandroupolis was successfully completed

AJOT | January 02, 2019 | Energy | Ports & Terminals | Terminals

Amid an Export Boom, the U.S. Is Still Importing Natural Gas

Bloomberg | December 28, 2018 | Energy | International Trade

China Cracks Open Door for U.S. Natural Gas Imports as Wintry Cold Hits

Bloomberg | December 24, 2018 | Energy | International Trade

Interim guidelines on high manganese austenitic steel for LNG storage and fuel tanks secure MSC approval

Oil Loses Ground as U.S. Shale Growth Undermines OPEC+ Cuts

Bloomberg | December 14, 2018 | Energy | International Trade

For one week in November, the U.S. was a net exporter of crude oil and petroleum products

AJOT | December 12, 2018 | Energy | International Trade

During the week ending November 30, 2018, the United States exported more crude oil and petroleum products than it imported for the first time in weekly data going back to 1991. From November 24–30, the United States exported an estimated record 3.2 million barrels per day (b/d) of crude oil as well as an estimated 5.8 million b/d of petroleum products such as distillate fuel oil, motor gasoline, and propane.

Newbuilding Methanol Carrier for Proman Shipping Named CASTARA

AJOT | December 12, 2018 | Energy | Maritime | Bulk

Proman Shipping and MOL announced that on November 27, a naming ceremony for a newbuilding Methanol Carrier for Proman Shipping was held at the Hyundai Mipo Drydock (HMD) in Korea.

Alberta’s Output-Cut Mandate May Be Driving Oil Prices Too High

Bloomberg | December 11, 2018 | Energy | International Trade

Changes in coal sector led to less SO2 and NOx emissions from electric power industry

AJOT | December 11, 2018 | Energy

Annual U.S. electric power industry emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx) have declined by 88% and 76%, respectively, between their peaks in 1997 and 2017. During this period, coal-fired generation was responsible for 90% of SO2 emissions and 76% of NOx emissions from the U.S. electric power industry.

ABB to power Europe’s largest electric car battery factory in Poland

AJOT | December 11, 2018 | Energy | Alternative

Substation and key technologies to ensure reliable power supply for manufacture of electric car batteries and support sustainable transportation

Alfa Laval GCU preferred choice for LNG new builds as sales exceed 100 units

AJOT | December 11, 2018 | Energy | Maritime | Bulk

U.S. liquefied natural gas export capacity to more than double by the end of 2019

AJOT | December 10, 2018 | Energy | International Trade

EIA projects that U.S. liquefied natural gas (LNG) export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world behind Australia and Qatar. Currently, U.S. LNG export capacity stands at 3.6 Bcf/d, and it is expected to end the year at 4.9 Bcf/d as two new liquefaction units (called trains) become operational.

November U.S. natural gas prices increased beyond previous market expectations

AJOT | December 07, 2018 | Energy | International Trade

On November 23, the natural gas spot price at the Henry Hub in Louisiana was $4.70 per million British thermal units (MMBtu), the highest price since a temporary spike in January 2018, and before that, the highest price since June 2014.

China Ramps Up Solar Exports After Reforms Hit Home Market

Bloomberg | December 06, 2018 | Energy | Alternative | International Trade

U.S. coal consumption in 2018 expected to be the lowest in 39 years

AJOT | December 04, 2018 | Energy

EIA expects total U.S. coal consumption in 2018 to fall to 691 million short tons (MMst), a 4% decline from 2017 and the lowest level since 1979. U.S. coal consumption has been falling since its peak in 2007, and EIA forecasts that 2018 coal consumption will be 437 MMst (44%) lower than 2007 levels, mainly driven by declines in coal use in the electric power sector.

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