Energy

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


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What are the energy impacts from the Port of Baltimore closure?

AJOT | March 28, 2024 | Energy | Ports & Terminals

The collapse of the Francis Scott Key Bridge into the Patapsco River on March 26 has temporarily halted all shipping traffic from the Port of Baltimore.

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Signal Tanker - Weekly Market Monitor

AJOT | March 28, 2024 | Energy | Maritime | Bulk

Snapshot of crude and product freight rates, supply-demand

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Ocean Infinity signs Global Framework Agreement with Shell for subsea data capture services

AJOT | March 28, 2024 | Energy | Maritime | Technology

Ocean Infinity, a world leader in robotic and uncrewed vessel technology, has announced the signing of a Global Framework Agreement (GFA) with Shell, marking a significant milestone in the provision of lean-crewed and robotic seabed geomatics, spanning geophysical and geotechnical services, within the offshore energy sector.

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Crane replacements to support next-generation offshore wind turbine installations

AJOT | March 28, 2024 | Energy | Alternative | Project / Heavy Lift | Maritime Project

When it comes to wind turbines, the bigger they are, the harder they work, generating more renewable offshore wind energy, and a greater return on investment for developers. 

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Exxon says US jet fuel policy is needed to boost investment

Bloomberg | March 28, 2024 | Air Cargo | Airlines | Energy | Green Shipping

Clearer policy from the Biden administration is needed to spur investment in green jet fuel and help bring down emissions for the aviation sector, according to Exxon Mobil Corp.

Bridge disaster leaves some US coal miners with few options

Bloomberg | March 28, 2024 | Energy | Maritime | Bulk

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China engineering ready to export desert mega-bases to the world

Bloomberg | March 27, 2024 | Energy | Alternative

China’s top engineering firm for energy projects says it’s ready to pitch the concept of desert mega-bases to other countries looking for integrated power solutions.

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Diesel prices take flight

AJOT | March 27, 2024 | Energy

Diesel prices should remain elevated through 2024, as oil-producing nations engage in production cuts and producers balk at the high cost of building new refineries. When looking to meet government mandates for eco-friendly fuel, truckers are eyeing so-called “renewable diesel” as an alternative to electricity.

Pipeline rations space on Baltimore fuel line after bridge disaster

Bloomberg | March 27, 2024 | Energy | Ports & Terminals

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Oman becoming hot spot for ship-to-ship transfers of Russian oil

Bloomberg | March 27, 2024 | Energy

The waters off Oman are emerging as a hot spot for ship-to-ship transfers of Russian oil heading to India, as the US steps up scrutiny of the flows.

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U.S. natural gas production grew by 4% in 2023, similar to 2022

AJOT | March 27, 2024 | Energy

U.S. natural gas production grew by 4% in 2023, or 5.0 billion cubic feet per day (Bcf/d), to average 125.0 Bcf/d, according to our Natural Gas Monthly.

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China’s Sinochem buys first oil cargo from Canadian pipeline

Bloomberg | March 27, 2024 | Energy

China’s Sinochem Group has purchased one of the first crude cargoes that will be shipped through a new Canadian pipeline that’s designed to move more oil from landlocked Alberta to the Pacific Coast for export.

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Ørsted selected by U.S. Department of Energy to receive industrial decarbonization funding

AJOT | March 27, 2024 | Energy | Alternative | Green Shipping

Selection will help advance Ørsted’s e-methanol facility in Texas, decarbonize hard-to-electrify maritime sector, and create U.S. clean energy jobs in new industry

Sanctions “Yet to curtail Russia with any compelling effect.”
Energy
Stuart Todd | Top Story | March 26, 2024

AJOT Insights
Sanctions “Yet to curtail Russia with any compelling effect.”

Last month both the European Union and US once again stepped up sanctions against Russia in retaliation for its invasion of Ukraine in February 2022.
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World’s top uranium miner seeks to boost exports to US

Bloomberg | March 26, 2024 | Energy | International Trade | Commodity

Kazakhstan, the world’s largest uranium miner, is conducting “active work” to boost exports of the metal to U.S. energy companies.

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XPO Logistics leads the way in expanding use of HVO fuels and electric-powered vehicles

AJOT | March 26, 2024 | Energy | Alternative | Green Shipping | Trucking

XPO, a leading provider of innovative and sustainable end-to-end logistics solutions across Europe, has successfully deployed hydrotreated vegetable oil (HVO) and electric-powered vehicles within its 4PL and transport control tower operations.

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