A total switch to renewable energy is going to wreak havoc on job markets in the United States. In some places, this will be a […]
Commodities
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 Expects Global LNG Demand To Jump by 50% by 2040
Global demand for liquefied natural gas (LNG) is expected to surge by 50% by 2040, driven by higher demand from Asia, with coal-to-gas switching in […]
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 […]
Oil Traders Bet on Market Despite Flat Crude Prices, Red Sea Attacks
Traders are still investing in oil by-products despite the price cap in oil markets. Bloomberg data released on Tuesday 6th of February, showed that the […]
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 […]
Green Hydrogen Breakthrough Could Bring Heavy Industry Into The Zero-Carbon Era
Industries such as steel, cement, and heavy transport account for some one-third of global greenhouse gas emissions (GHG), rendering breakthrough zero-carbon industrial products one of […]
Roman Bilousov: Cheaper Coal Could Make Turkey Europe’s Largest Coal-Burning Nation
Cheaper coal compared to natural gas is set to make Turkey the biggest coal-burning nation in Europe this year, surpassing Germany, according to data by […]
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 […]
European coal imports declined sharply in 2023
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Dec 2023, global seaborne coal […]