Energy

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

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Ørsted announces partnership with Falck Renewables and BlueFloat Energy to unlock floating wind potential in Scotland

AJOT | July 08, 2021 | Energy | Alternative | Project / Heavy Lift | Maritime Project

Ørsted, the world leader in offshore wind, today announces a partnership with onshore wind community engagement pioneer Falck Renewables and floating wind expert BlueFloat Energy, to participate in the upcoming ScotWind leasing round.

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Refinery closures decreased US refinery capacity during 2020

AJOT | July 08, 2021 | Energy

As a result of several U.S. refinery closures in 2020, U.S. operable atmospheric crude oil distillation capacity, the primary measure of refinery capacity in the United States, dropped 4.5% to a total of 18.1 million barrels per calendar day (b/cd) at the start of 2021.

Shell sells its minority shareholding in PCK Schwedt joint venture Refinery to Alcmene

AJOT | July 08, 2021 | Energy

Penfield Marine and Macquarie Group execute carbon neutral voyage and reach agreement to offer carbon-neutral freight solutions to Penfield’s pool members and charterers

AJOT | July 08, 2021 | Energy

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US raising Mexico energy policy concerns, trade chief says

Bloomberg | July 08, 2021 | Energy

President Joe Biden’s top trade negotiator said that the U.S. has “real concerns” about Mexican President Andres Manuel Lopez Obrador’s energy policy and will look for avenues to address them.

Goldman buys stake in specialist Danish energy trader

Bloomberg | July 08, 2021 | Energy

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California’s hydroelectric generation affected by historic drought

AJOT | July 07, 2021 | Energy

Most of the western United States is experiencing intense and historic drought conditions. California is one of the most severely affected states. As of June 22, 2021, 100% of the state is experiencing some degree of drought. About 33% of the state has been categorized under exceptional drought, the most intense drought classification. The drought conditions have affected California’s water supply levels and hydropower plants.

EIA expects growth in electricity sales and generation from renewables through 2022

AJOT | July 07, 2021 | Energy

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Ørsted submits bid in response to Maryland’s call for offshore wind projects

AJOT | July 07, 2021 | Energy | Alternative | Project / Heavy Lift | Maritime Project

Global leader in offshore wind announces significant expansion of investment in Maryland

Saudi Aramco to sell more assets in multi-billion dollar push

Bloomberg | July 07, 2021 | Energy

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US fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years

AJOT | July 06, 2021 | Energy

In 2020, total consumption of fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 quadrillion British thermal units (Btu), down 9% from 2019 and the lowest level since 1991, according to our Monthly Energy Review. Our new chart of U.S. fossil fuel consumption by source and sector shows how each sector consumes fossil fuels. The chart also shows fossil fuels used for industrial non-combustion or nonfuel purposes, for example, in making plastics and chemicals.

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Berge Bulk and marine biofuel pioneer GoodFuels successfully complete first bio-bunkering

AJOT | July 06, 2021 | Energy | Maritime | Breakbulk News

Trial further demonstrates the viability of GoodFuels’ sustainable marine biofuel in future fuel mix and takes Berge Bulk another step closer to shipping’s decarbonisation goals

Politics seep into oil as diverging goals test Saudi-UAE ties

Bloomberg | July 06, 2021 | Energy

OPEC+ shows no sign of healing rift just before talks resume

Bloomberg | July 05, 2021 | Energy

High oil prices send US refiners scouring for alternatives

Bloomberg | July 02, 2021 | Energy | Logistics

Shell starts up Europe’s largest PEM green hydrogen electrolyser

AJOT | July 02, 2021 | Energy | Alternative

Oil prices on waiting mode in anticipation of OPEC+ crucial policy call

AJOT | July 02, 2021 | Energy | Conventional | By The Numbers

Growth in global LNG trade was flat in 2020

AJOT | July 02, 2021 | Energy | Conventional | By The Numbers

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An expected surge in FPSO awards in 2021 and 2022 is set to double fabricators’ pipeline

AJOT | July 01, 2021 | Energy

Τhe FPSO market is booming this year, with more contracts awarded in the second quarter of 2021 than during the full year 2020. Rystad Energy expects FPSO awards to reach a total of 10 units in 2021, with another 10 following next year, creating a very healthy project line-up for contractors, effectively doubling their pipeline.

Maersk signs shipbuilding contract for world’s first container vessel fueled by carbon neutral methanol
Energy
AJOT | Top Story | July 01, 2021

Maersk signs shipbuilding contract for world’s first container vessel fueled by carbon neutral methanol

A.P. Moller - Maersk and Hyundai Mipo Dockyards have agreed on a contract for Hyundai Mipo to build a feeder vessel with a dual engine technology enabling it to sail on either methanol or traditional very low sulphur fuel. Maersk announced the intention to order the vessel, an industry first, on 17 February 2021. It will fly the Danish flag.

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