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Latest Energy News As Reported | Canada Rig Count is down 12 from last week to 93
London, 28 April, 2023, (Oilandgaspress) : Amazon Web Services (AWS) and Accenture in collaboration with WindEurope have developed a digital permitting solution prototype for wind permitting across Europe that could significantly ease the bottleneck around the energy transition Wind energy is a strategic industry central to Europe’s energy security strategy. Wind already meets 17% of Europe’s electricity demand today¹. The European Commission wants wind to be half of Europe’s electricity by 2050. This move to clean and renewable energy is critical to decarbonise Europe’s economy but the backlog in wind permitting across Europe could significantly bottleneck the energy transition. That’s why Amazon Web Services (AWS) and Accenture in collaboration with WindEurope developed a digital permitting solution prototype. We are calling on industry players to help further improve this pilot system, beta testing for the first time at the 2023 WindEurope Annual Conference. User feedback will refine the solution, so that when deployed, it can accelerate the time-to-value for wind farm developers, municipalities and local communities. . Read More
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Neste and Viva Aerobus sign purchase agreement for sustainable aviation fuel
Neste and Viva Aerobus, the Mexican ultra low-cost carrier, have signed a new purchase agreement for one million liters (264,000 gallons) of Neste MY Sustainable Aviation Fuel™. The sustainable aviation fuel (SAF) supplied to Viva Aerobus will be blended with conventional jet fuel and used to power the airline’s flights from Los Angeles International Airport to Guadalajara, Mexico City and Monterrey in Mexico.
Last year, on June 15, Viva Aerobus completed its first flight powered by Neste’s SAF from Los Angeles to Guadalajara, and the current agreement is the next step in fulfilling the airline’s mission of further reducing its carbon emissions. SAF-powered flights will start to take off in the second half of 2023 with each flight using a fuel blend with about 35% of Neste MY SAF. The total volume of SAF purchased will help Viva Aerobus reduce greenhouse gas emissions by approximately 2,415 tons of CO2e, equivalent to the emissions of 537 passenger cars in the U.S. in a year*. Read More
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Hyundai is Official Partner of the 2023 GRIDLIFE Festival Tour
Hyundai’s high-performance N brand, has returned as an official partner of the 2023 GRIDLIFE Festival Tour. Hyundai first participated at the GRIDLIFE Midwest Festival in 2022, and now will sponsor the entire season of six festival events across the U.S. Motorsports fans at the GRIDLIFE Midwest Festival – June 2-4, and GRIDLIFE Laguna Festival – October 20 – 22, will be able to see Hyundai N vehicles up close, and sign up to get hot lap rides in a Hyundai N racecar driven by Hyundai N pro team drivers. This was a major attraction at the GRIDLIFE Midwest Festival in 2022 and fans will be very excited to see it return. Read More
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Opel and ADAC Extend Partnership in Electric Rally Racing
Opel has reaffirmed its commitment to the world’s first electric one-make rally cup, previously known as the ADAC Opel e-Rally Cup, which has been renamed and will be called ADAC Opel Electric Rally Cup “powered by GSe”. Like Opel’s future, the brand’s motorsport activities are electric. That is why the name of the new sporty sub-brand GSe (Grand Sport electric) can now also be found in the title of the electric racing series. The ADAC Opel Electric Rally Cup “powered by GSe” will also be even more international in the 2023 season: A total of eight events in four countries (Germany, France, Austria, Switzerland) are on the calendar. In addition, Opel and ADAC have extended their existing agreement until 2024. Read More
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Citroën’s is accelerating its international growth strategy with the reveal of All-New C3 Aircross, a unique pure B-SUV offering true value in 5-seat and 7-seat packages, specifically designed for Indian, South East Asian and South American customers.
Citroën today is revealing the All-New C3 Aircross, a family B-SUV that is tough outside and caring inside, and intelligently created with regional input to meet the specific needs of customers in key markets of India, South-East Asia and South America.
All-New C3 Aircross is, above all, unmistakably a Citroën, and at the same time a pure B-SUV which will compete at the heart of each market by offering car buyers compelling value in a tailor-made package combining unique and muscular design, with Citroën comfort signature and well-being, plus versatility for up to 7 people.
This new SUV model and the already launched compact New C3 represent key steps in Citroën’s international growth strategy, under which the brand is targeting 30 percent of its global vehicle sales to be in regions and markets outside of Europe by 2025. Read More
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Comments from Akio Toyoda, Toyota Chairman of the Board
Daihatsu Motor Co., Ltd.’s wrongdoing is a matter that concerns safety, which is the most important aspect of vehicles. We consider this an absolutely unacceptable act that betrays the trust of our customers. We would like to sincerely apologize to our customers around the world and all related parties for the inconvenience and concern this has caused.
Since this problem occurred with a Toyota brand passenger car, we believe that the problem is not limited to Daihatsu. We will begin by conducting a detailed investigation and thoroughly collecting facts to understand the situation, determine the true cause, and work diligently to prevent a recurrence. We will also inform the public in a timely manner regarding the facts we learn through our investigations.
I personally promised our customers that Toyota would not run away, lie, or distort the truth during the recall crisis in 2009. Nevertheless, we find it to be a serious matter that such a problem has occurred at one of our group companies.
As the top executive officer, President Sato will take responsibility for improving the car manufacturing operations of Toyota and the group companies, while I, as the Chairman of the Board and with my recall issue experience, will lead initiatives for governance and compliance. The Toyota Group as a whole will do its utmost to regain the trust of our customers as soon as possible. Read More
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ADNOC L&S Expands its Global Operations at Philippines LNG Import Terminal
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of ADNOC, announced today the successful berthing of LNG carrier, Ish, at the AG&P Philippines LNG (PHLNG) Import Terminal in Batangas Bay, as it continues expanding its operations globally.
Following her arrival, Ish will be commissioned as a Floating Storage Unit (FSU) at PHLNG, the first LNG import terminal in the Philippines. AG&P subsidiary, GasEntec, converted the vessel, which has a capacity of 137,500 cubic meters, to an FSU in five months. The supply, operations and maintenance of the FSU will be undertaken by ADNOC L&S.
The agreement to charter Ish to AG&P, was signed in 2022 and spans 11 years with the option to extend a further four years. This arrangement bolsters ADNOC L&S’ FSU revenue stream and extends the life of the vessel while securing PHLNG’s resilience of LNG supply. The agreement builds on an existing long-term charter signed between ADNOC L&S and AG&P to provide another FSU in India. Read More
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EPA Issues Emergency Fuel Waiver for E15 Sales
U.S. Environmental Protection Agency today is issuing an emergency fuel waiver to allow E15 gasoline — gasoline blended with 15% ethanol — to be sold during the summer driving season. This action will provide Americans with relief at the pump from ongoing market supply issues created by Russia’s unprovoked war in Ukraine by increasing fuel supply and offering consumers more choices at the pump. The waiver will help protect Americans from fuel supply crises by reducing our reliance on imported fossil fuels, building U.S. energy independence, and supporting American agriculture and manufacturing. Current estimates indicate that on average, E15 is about 25 cents a gallon cheaper than E10. EPA’s emergency fuel waiver will go into effect on May 1 when terminal operators would otherwise no longer be able to sell E15 in the affected regions of the country and will last through May 20 which is the statutory maximum of 20 days. EPA will continue to monitor the supply with industry and federal partners, and the Agency expects to issue new waivers effectively extending the emergency fuel waiver until such time as the extreme and unusual fuel supply circumstances due to the war in Ukraine are no longer present. Read More
Baker Hughes Rig Count
U.S. Rig Count is up 2 from last week to 755 with oil rigs unchanged at 591, gas rigs up 2 to 161 and miscellaneous rigs unchanged at 3.
Canada Rig Count is down 12 from last week to 93, with oil rigs down 6 to 36, gas rigs down 6 to 57.
Region | Period | Rig Count | Change from Prior |
U.S.A | 28 April 2023 | 755 | +2 |
Canada | 28 April 2023 | 93 | -12 |
International | March 2023 | 930 | +15 |
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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole @oilandgaspress.
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