Warren Buffett-backed Occidental Petroleum is predicting an oil supply shortage by 2025 due to global failure to replace crude reserves at a fast enough pace. […]
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Electric Vehicle Giant BYD Plans Factory in Mexico
Chinese electric vehicle major BYD is considering opening a factory in Mexico, the Wall Street Journal has reported. Citing unnamed sources, the publication said that […]
Russian coal exports keep falling, reducing supply on global market – Roman Bilousov
Russian coal exports declined further in 2024 amid economic sanctions and logistical issues. Recent US sanctions against SUEK and Mechel, meaning that these companies are […]
The Decline In Coal Appears To Have Been Exaggerated
Governments and international organizations have made ambitious pledges to reduce their emissions, a reduction that will require the phase-out of coal. Despite these pledges, countries […]
Metallurgical coal is the commodity world’s quiet performer
When looking at the commodities used to make steel, iron ore gathers the bulk of headlines given its strong link to the perceived health of […]
U.S. coal fired generation capacity saw a significant shift in 2023
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 […]
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. […]
UK Ship Comes Under Attack in the Red Sea
A UK-registered vessel has become the target of attack off the Yemeni coast, with military authorities saying that the crew had abandoned the vessel. The […]
Fire Breaks Out in French Warehouse Full of Batteries
A fire broke out Saturday in a warehouse storing lithium-ion batteries in southern France, near Toulouse. Per media reports, the warehouse, property of local recycling […]
Wind and Solar Growth in China Not Enough to Offset Coal Expansion
In 2023, China’s economy expanded by 5.3%. This would have been an impressive number worth celebrating for any other country. For China, however, the number […]