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 […]
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 […]
China Was Responsible for 96% of Coal Plants Constructed in 2023
China was single-handedly responsible for 96% of global coal power capacity construction last year, cementing its position as the biggest coal builder in the world. […]
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 […]
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 […]
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 […]
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 […]