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Coal Production
Global Coal Production to Rise by 3.5% in 2021
Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions observed in the U…
Oil & Gas Supply
Shell Plays Down Risk of Stranded Oil and Gas Reserves
Royal Dutch Shell said on Thursday the majority of its oil and gas reserves will be produced by 2050, playing down the risk of stranded assets as it prepares to…
Oil Price
Oil Falls, Ending Week About 2% Lower on Supply increase, and New Lockdowns
Oil prices settled lower on Friday and fell around 2% last week as production increases and renewed COVID-19 lockdowns in some countries, offset optimism about …
Oil & Gas Trade
Libya’s Largest Oilfield Could See Exports Interrupted
The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard follow …
Transformer
First Philec to Produce ‘Green’ Transformers
First Philec Inc., The Philippines’ largest transformer manufacturer, has announced the launch of green transformers made from 100 percent recyclable and biode…
Oil & Gas Supply
OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision
A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group …
Coal Production
India to Double Down on Coal Projects Amid Climate Warnings
India has set in motion the biggest ever auction of coal mines in the country despite the fossil fuel’s key role in contributing to global warming.
Coal-Fired Power Plants
Europe is Hhalfway into Closing All Coal Power Plants by 2030
Fifty percent of coal-fired thermal power plants are closed or planned to be shut down by the end of the decade, according to data compiled by Europe Beyond Coa…
Net Zero Emission
University of Michigan OKs 'Net Zero' Carbon Emission Plan
he plan does not promise a complete ban on companies with ties to fossil fuels, although university President Mark Schlissel said they gradually would "head dow…
Solar Power Plant
Downing Acquires 96MWp UK Solar PV Seed Assets Portfolio
Downing Renewables & Infrastructure Trust has acquired a 96MWp portfolio of UK solar PV assets for £42 million.
Biden Administration To Enforce Trump-Era Sanctions On Iran Oil Shipments
A key tenet of the prior Trump administration's crackdown on China and Iran was to punish those Chinese companies caught transferring sanctioned Iranian oil,
Oil & Gas Trade
India to Cut Saudi Arabian Oil Imports After OPEC Ignores India Demand
Weaker demand due to increasing Covid-19 cases or regular maintenance shutdowns may also contribute to lower purchase from Saudi Arabia in May, they said.
Nuclear Power: Why is it So Unpopular?
The meltdown at a nuclear power station in Fukushima, Japan, ten years ago stoked anxieties about nuclear energy.
Solar Materials
China's Polysilicon Output Rises in 2020
China's polysilicon output rose in 2020 on firm demand from consumers in the downstream photovoltaic and semiconductor sectors.
Coal Trade
Port of Vancouver Coal exports fall to 11-Year Low in 2020
Coal exports out of the Port of Vancouver fell to an 11-year low 31.55 million mt in 2020, down 14.5% from 36.91 million in 2019 and the lowest since 30.33 mill…
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