Energy

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

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China imported record amounts of crude oil in 2023

AJOT | April 16, 2024 | Energy

China, the world’s largest importer of crude oil, imported 11.3 million barrels per day (b/d) of crude oil in 2023, 10% more than in 2022, according to China customs data...

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Hapag-Lloyd and Seaspan to retrofit five vessels to methanol propulsion

Hapag-Lloyd and Seaspan Corporation entered into a partnership agreement to retrofit and convert five 10,100 TEU container ships powered by conventional MAN S90 engines to dual-fuel engines capable of operating on methanol. Following the engine retrofit, the vessels will continue to be on long-term charter from Seaspan to Hapag-Lloyd...

CustomCells strengthens its commitment in eAviation

AJOT | April 16, 2024 | Energy | Alternative

Charging ahead: Electric trucks are here to stay

Energy

Stuart Todd | Top Story | April 15, 2024

Charging ahead: Electric trucks are here to stay

Charging infrastructure gains momentum. A dearth of charging infrastructure has often been cited as a major obstacle in convincing truck manufacturers to ramp up the production of zero-emission, electrically powered heavy-duty vehicles (eHDV)...

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How Amazon became the largest private EV charging operator in the US

To install 17,000 delivery van chargers at 120 warehouses, the company had to be flexible, patient and spend a lot of money.

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US betting on energy shift to stem decades of disappearing farms

The US is betting the transition to cleaner energy combined with massive infrastructure investments will reverse a persistent decline in family farms, creating new revenue opportunities for growers while boosting their ability to compete overseas.

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What’s next for oil? Analysts weigh in after Iran’s attack

Bloomberg | April 15, 2024 | Energy

Oil futures were barely moved by Iran’s unprecedented attack on Israel, with traders attributing the lackluster price action to the notion that the strike was well-flagged beforehand, and expectations that the conflict will remain contained in the aftermath. As Israel weighs its response to the assault, here’s what market watchers are saying about the outlook:

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The United States exported a record volume of natural gas in 2023

AJOT | April 15, 2024 | Energy

The United States exported 10% more natural gas in 2023 than in 2022, a record of 20.9 billion cubic feet per day (Bcf/d), according to our Natural Gas Monthly. U.S. liquefied natural gas (LNG) exports accounted for more than half of all U.S. natural gas exports, and natural gas exports by pipeline to Canada and Mexico accounted for the remainder...

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HyLight raises $4M to decarbonize aerial inspection with its hydrogen-powered airship drone

AJOT | April 15, 2024 | Energy | Alternative

A revolution in aerial photography is underway. HyLight, the pioneer of aerial inspection using hydrogen airship drones, today announced a fundraising of 3.7 million euros ($4 million) from VCs and business angels including Y Combinator, Ring Capital, Kima Ventures, Collaborative Fund, and Marc Tarpenning, the co-founder of Tesla, to decarbonize aerial inspection.

S&P Global: Slide deck outlines economic factors facing North American railroads in 2024

AJOT | April 12, 2024 | Energy | Intermodal

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The airline industry’s biggest climate challenge: A lack of clean fuel

Tallow, sugarcane and even carbon dioxide can be used to make sustainable aviation fuel. But there’s not nearly enough to meet airlines’ goals.

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Shell awards Crowley for performance and growth in Alaska fuels

AJOT | April 11, 2024 | Energy

Shell, a leading global energy supplier, recently honored Crowley for creating high loyalty and brand performance among its customers in Alaska and the U.S. West Coast.

JSI Alliance completes scope in Basrah Refinery upgrading project

AJOT | April 11, 2024 | Energy | Project / Heavy Lift | Maritime Project

On 11 March, MV Svenja discharged her cargo of 9 modules.

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Mild winter weather may lead to persistently high natural gas inventories through 2025

AJOT | April 11, 2024 | Energy

U.S. working natural gas inventories ended the winter heating season (November 1–March 31) at 2,290 billion cubic feet (Bcf), 39% more than the previous five-year (2019–23) average.

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Hydrogen Vehicle Systems appoints Dr. Claassen to the HVS Board as Chairman

• Prof. Dr Utz Claassen appointed as HVS Board Chairman to support and direct future globalisation strategy • Previous automotive global positions include Ford Motor Company, SEAT, Volkswagen AG • Automotive Consultancy work conducted with McKinsey & Company Inc.