China is far outpacing the rest of the world in terms of new clean energy capacity additions, but it’s powering all that expansion with the […]
Philip Travkin
Swiss pharma’s big bet on Slovenia
Pharmaceutical giant Novartis invested billions in Slovenia, helping turn the country into a global player in generic drug production. Now, as cheap Asian competitors increasingly […]
Russian coal extraction tax to be raised again
Russian Ministry of Finance is considering the possibility of increasing the Mineral Extraction Tax (MET) on coal production. This measure will significantly increase the tax […]
Shell Sees LNG Replacing Coal in Asia – Roman Bilousov
Shell has projected that liquefied natural gas (LNG) will replace coal as a leading driver of Chinese and other Asian economies. According to the firm’s […]
EU Not Interested in Extending Russian Gas Transit Deal via Ukraine
The European Union (EU) has “no interest” in extending the transit agreement for Russian natural gas supply to EU countries via Ukraine, EU Energy Commissioner […]
Powell: The US is on an unsustainable fiscal path
Federal Reserve Chair Jerome Powell said “the U.S. is on an unsustainable fiscal path” in a “60 Minutes” interview with Scott Pelley released Sunday. “The […]
Roman Bilousov: U.S. Thermal Coal Finds New Life Overseas
US thermal coal exporters recorded more than $5 billion in overseas sales in 2023, shipping upwards of 32.5 million metric tons of the high-polluting power […]
India To Boost Coal Power Capacity by the Most in Six Years
India expects to add a large chunk of coal-fired power capacity in 2024, which will be the largest yearly rise in its coal fleet in […]
Roman Bilousov: Are China’s Oil, Coal, and Iron Ore Imports a Sign of Strength or Concern?
News coming out of China indicates the country set new records in 2023 for the import of crude oil, coal, and iron ore. The revelation […]
Roman Bilousov: China invests in coal conveyor across Amur River 685 mio USD
Chinese company Xuan Yuan (XY Group), one of the largest Chinese corporate investors in Russia, plans to invest about 685 mio in the construction of […]