Energy

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

Lodestar Energy Group acquires substantially all of the rail assets of Stolt-Nielsen Rail Services

AJOT | May 01, 2019 | Energy | Intermodal | Rail

ZEABORN enters tanker ship management by acquiring CPO Tankers

AJOT | April 30, 2019 | Energy | Maritime | Breakbulk News

ZEABORN Group has signed an agreement to acquire 100 percent of the shares in Claus-Peter Offen Tankschiffreederei, the tanker management subsidiary of Offen Group.

US biomass-based diesel imports down for second consecutive year in 2018

AJOT | April 30, 2019 | Energy

U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, totaled 22,000 barrels per day (b/d) in 2018, down 42% from 2017, and 64% lower than the all-time high set in 2016. Although increasing Renewable Fuel Standard (RFS) targets have driven biomass-based diesel demand in recent years, imports have fallen sharply—largely because of U.S. Department of Commerce (DOC) import duties imposed on foreign biodiesel volumes sourced from Argentina and Indonesia, countries which made up 60% of total U.S. imports of biomass-based diesel in 2016.

New wells drilled to the moon and back by 2023

AJOT | April 29, 2019 | Energy

Rystad Energy forecasts that more than 1 million kilometers of new oil and gas wells will be drilled over the next five years.

Energy

AJOT | Top Story | April 29, 2019

Panama Canal expansion allows more transits of propane and other hydrocarbon gas liquids

In June 2016, the Panama Canal Authority, the body that operates the Panama Canal, opened a third set of locks that facilitated transit of larger ships, the first such expansion since the canal was completed in 1914.

Cornered by Iran Sanctions, Turkey Is Said to Eye More Iraqi Oil

Bloomberg | April 29, 2019 | Energy

The Northeast leads the country in net-metered wind electricity generation capacity

AJOT | April 26, 2019 | Energy | Alternative

Since 2011, net-metered wind electricity generating capacity in the Northeast has grown faster than in the rest of the United States.

Newbuilding LNG carriers for Tokyo Gas named Energy Innovator and Energy Universe

AJOT | April 25, 2019 | Energy

Saudi Arabia and allies can replace lost Iranian oil

AJOT | April 25, 2019 | Energy

The US said on Monday that it won’t extend the sanctions waivers for eight countries importing crude oil from Iran. The move could remove around 1.1 million barrels per day from the market.

MOL co-own six largest liquified Ethan carriers with Reliance

AJOT | April 24, 2019 | Energy

Delivery of very large crude carrier “PHOENIX JAMNAGAR”

AJOT | April 24, 2019 | Energy

US exports a record volume of ethanol in 2018 for second consecutive year

AJOT | April 24, 2019 | Energy

The United States exported 112,000 barrels per day (b/d) of fuel ethanol in 2018, surpassing the record high of 91,000 b/d set in 2017. At the same time, U.S. imports of fuel ethanol decreased about 30% in 2018 to less than 4,000 b/d, which resulted in the United States exporting more fuel ethanol than it imported for the ninth year in a row.

In Iraq, gas set to overtake oil projects

AJOT | April 24, 2019 | Energy

For the world’s fourth largest crude producer, natural gas is about to take pole position. Rystad Energy forecasts that gas developments in Iraq will overtake oil projects in 2019, measured in resources sanctioned for development, flying in the face of historical norms for the upstream industry in the country.

Trump’s Gulf alternatives to Iran aren’t good enough for Turkey

Bloomberg | April 24, 2019 | Energy

Iran says US ‘delusional’ in aiming to cut oil exports to zero

Bloomberg | April 24, 2019 | Energy

US oil is flowing freely to China again after slowing to trickle

Bloomberg | April 23, 2019 | Energy

TruStar Energy completes CNG fueling station

AJOT | April 23, 2019 | Energy | Intermodal | Trucking

US petroleum product exports set record high in 2018

AJOT | April 23, 2019 | Energy

U.S. exports of total petroleum products set a record high in 2018, reaching an annual average of 5.6 million barrels per day (b/d), an increase of 366,000 b/d from 2017 levels. The three largest petroleum product exports from the United States in 2018 were distillate, propane, and motor gasoline. U.S. exports of motor gasoline (including blending components) and propane reached record highs in 2018, and exports of distillate reached their second-highest volume on record, following the high set in 2017.

ExxonMobil Signs 20-Year LNG Agreement with Zhejiang Energy

AJOT | April 22, 2019 | Energy

TruStar Energy Completes Its 250th CNG Fueling Station

AJOT | April 22, 2019 | Energy | Intermodal | Trucking

Paving the way for more CNG vehicles, the company will build about 35% of the market’s new stations and service approximately 12% of GGE used this year across the US

Energy

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