Energy

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

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KPI OceanConnect launches future fuels division

KPI OceanConnect today announced the launch of its Alternative Fuels and Special Projects division to enhance its counterparts’ ability to achieve their sustainability ambitions. Bill Wakeling, an expert in marine fuels, will lead the new offering.

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Volga-Dnepr’s time-saving logistics solution enables Pentagon Freight Services to accomplish major oil and gas project shipment to Oman

Volga-Dnepr Airlines, the acknowledged leader in providing outsized and super heavy transportation by air, recently played an essential part in the implementation of the large-scale Omani Oil and Gas project with a smooth and seamless delivery of two gigantic oil well rigs to the capital of Oman.

Oil majors hunt for one last big discovery along coast of Brazil

Bloomberg | July 26, 2021 | Energy

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US natural gas exports to Mexico established a new monthly record in June 2021

AJOT | July 23, 2021 | Energy | International Trade | Commodity

Natural gas pipeline exports from the United States to Mexico surpassed 7 billion cubic feet per day (Bcf/d) on multiple days during June, according to data from Wood Mackenzie. The highest amount of pipeline exports, 7.4 Bcf/d, was sent out on June 17.

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Summer US natural gas prices are the highest since 2014

AJOT | July 22, 2021 | Energy

In June, the U.S. natural gas spot price at the Henry Hub averaged $3.26 per million British thermal units (MMBtu), the highest price during any summer month (April–September) since 2014. Prices in July have increased from June, averaging $3.67/MMBtu through the first two weeks of July. Spot prices for July 14 in every one of the more than 175 pricing hubs tracked by Natural Gas Intelligence exceeded $3.00/MMBtu.

RTE, together with Nidec Industrial Solutions, launches “Ringo”, the first experiment in the world for the automated management of a large-scale battery system

AJOT | July 22, 2021 | Energy | Alternative

Venezuela snubs US sanctions with first oil import this year

Bloomberg | July 22, 2021 | Energy | Logistics

Russia is ready to ban gasoline exports if record prices persist

Bloomberg | July 22, 2021 | Energy | International Trade

US and Germany end energy rift with Nord Stream 2 accord

Bloomberg | July 21, 2021 | Energy

US and Germany end energy rift with Nord Stream 2 agreement

Bloomberg | July 21, 2021 | Energy

U.S., Germany warn Russia in draft Nord Stream 2 accord

Bloomberg | July 20, 2021 | Energy | Conventional

EIA: U.S. crude oil exports reached record levels in 2020 and remain high in 2021

AJOT | July 20, 2021 | Energy | Conventional | By The Numbers

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United States continued to lead global petroleum and natural gas production in 2020

AJOT | July 19, 2021 | Energy | Conventional | By The Numbers

More petroleum and natural gas was produced in the United States than in any other country during 2020 (a trend that began in 2014), despite year-on-year declines from the record-high production in 2019.

Tackling the fuel conversion conundrum

AJOT | July 19, 2021 | Energy | Alternative

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MOL: Carbon recycled methane can be recognized as zero emission ship fuel

AJOT | July 19, 2021 | Energy | Alternative

Efforts to achieve zero emission by methanation technology published in journal of JIME

MSC and Shell sign collaboration agreement on decarbonizing shipping

Fit for 55 package – analysing the impact on European industry

AJOT | July 16, 2021 | Energy | Alternative

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Average US construction costs for solar generation continued to fall in 2019

AJOT | July 16, 2021 | Energy | Alternative

The annual capacity-weighted average construction costs for solar photovoltaic systems in the United States continued to decrease in 2019, dropping by a little less than 3%, according to our latest data on newly constructed utility-scale electric generators. The average costs for wind turbines remained relatively stable in 2019, increasing $9 per kilowatt (kW), or a little less than 1% from the 2018 average. Costs for natural gas-fired generators had the largest change from 2018 to 2019, increasing $241/kW, or almost 29%.