U.S. coal fired generation capacity saw a significant shift in 2023, marking a continued decline in the industry. Let’s dive into the latest stats and […]
Commodities
Abandon Coal Mines Are Being Repurposed Into Renewable Energy Hubs
In the U.K., the government is investing in the assessment of the potential for old coal mine sites to be converted into renewable energy hubs. […]
Roman Bilousov: Chinese Coal Demand May Dampen Shell’s Ambitious LNG Forecast
Shell has come out with a bold forecast that global LNG demand will rise by 50% by 2040, largely on the back of China-led growth […]
From Coal to Clean: The Economic Challenge of Shifting Energy Paradigms
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 […]
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 […]