Energy

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

U.S. Gain hires Mills to grow West Coast presence

AJOT | July 30, 2019 | Energy

U.S. Gain®, a leader in development, procurement and distribution of renewable natural gas (RNG) for the transportation market, is excited to announce the hiring of Marten Mills to its business development team. In his new position with U.S. Gain, Mills will help the company find RNG dispensing opportunities in the Northern California and Pacific Northwest markets. He brings more than 12 years of experience in natural gas station design and construction.

U.S. LNG exports to Europe increase amid declining demand and spot LNG prices in Asia

AJOT | July 29, 2019 | Energy | By The Numbers

This year, the United States became the world’s third-largest LNG exporter, averaging 4.2 Bcf/d in the first five months of the year, exceeding Malaysia’s LNG exports of 3.6 Bcf/d during the same period.

China feasts on record Saudi crude imports after sanctions hit Iran

Bloomberg | July 29, 2019 | Energy

Oil trades near $56 as Hormuz tensions simmer amid trade talks

Bloomberg | July 29, 2019 | Energy

Mexico’s Pemex reduces fuel imports after theft crackdown

Bloomberg | July 27, 2019 | Energy

More U.S. coal-fired power plants are decommissioning as retirements continue

AJOT | July 26, 2019 | Energy | By The Numbers

Between 2010 and the first quarter of 2019, U.S. power companies announced the retirement of more than 546 coal-fired power units, totaling about 102 gigawatts (GW) of generating capacity.

KBR to begin work on EPC phase of Methanex’s Geismar 3 methanol project

AJOT | July 25, 2019 | Energy

US government energy consumption continues to decline

AJOT | July 25, 2019 | Energy

The U.S. federal government consumed 915 trillion British thermal units (Btu) of energy during the 2017 fiscal year (FY), or 20% less than a decade before. The slight decline in FY 2017 marks the fifth consecutive decline in annual federal government consumption. Consumption by defense agencies accounted for more than 75% of total government energy consumption, according to data compiled by the Federal Energy Management Program (FEMP).

Houston draws US regulators aiming to boost LNG export plants

Bloomberg | July 23, 2019 | Energy

Martin Bencher chooses Goldhofer as its “energy carrier”

AJOT | July 23, 2019 | Energy

Since the Mexican government abolished the state energy monopoly in 2013, an increasing number of international investors have become active on the country’s energy market.

Suez Canal and SUMED Pipeline are critical chokepoints for oil and natural gas trade

AJOT | July 23, 2019 | Energy

The Suez Canal and the SUMED Pipeline are strategic routes for Persian Gulf crude oil, petroleum products, and liquefied natural gas (LNG) shipments to Europe and North America. Located in Egypt, the Suez Canal connects the Red Sea with the Mediterranean Sea, and it is a critical chokepoint because of the large volumes of energy commodities that flow through it.

Trade war and US shale to keep lid on oil, says Indian refiner

Bloomberg | July 22, 2019 | Energy

Cuomo executes offshore wind agreement and signs historic Climate Leadership and Community Protection Act

AJOT | July 19, 2019 | Energy | Alternative | Maritime

Project sanctioning in 2019 could soon eclipse 2014

AJOT | July 18, 2019 | Energy

Overall offshore project sanctioning in 2019 has surpassed the $50 billion mark, driven by Saudi Aramco’s recently announced $18 billion worth of project commitments associated with the Marjan and Berri expansion projects. This is yet another signal that the offshore industry has turned a corner and can reach a potential project commitment total of $123 billion in 2019, surpassing commitments in 2014 of $78 billion, according to Rystad Energy.

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