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South Korea
Hyosung Group’s Market Cap Soars 70% on the Back of Hydrogen Economy
Their prices jumped sharply as the chemical market entered a perfect upward cycle and Hyosung Group expanded its business to the environmental sector, especiall…
Coal Gasification
Indonesia LPG Imports to Fall Sharply by 2025 as Coal Gasification Ramps up
Under a new presidential regulation last month, coal gasification features on a "priority" investment list, which offers incentives such as tax allowances or ta…
Solar Power Panel
Sharp Launches New 445W Half-Cut Cell PV Panel
The brand new NU-JD445 has a module efficiency of 20.1% and is suitable for a voltage up to 1,500 V, using 144 M6 wafer size half-cells
Crude Oil
US Crude Output Down Sharply on Storm
Power outages and freezing temperatures have forced US oil producers to shut down or reduce operations significantly, with impacts ranging from 2mn b/d to as hi…
Crude Oil
U.S. Oil Production On Course To Hit Record Levels In 2023
U.S. oil production fell sharply in 2020, but the Energy Information Administration is expecting it to pick back up and even set new records in just two years, …
United Kingdom
BP Profit Sinks As Epidemic Pummels Demand
On annual basis, BP sunk to a loss of $5.7 billion, its first in a decade after it wrote down the value of oil and gas assets by $6.5 billion as a result of sha…
Coal Trade
German Coal Imports Fell for 6 Consecutive Years
The demand for coal in the German steel industry has fallen sharply, coupled with the continuous development of renewable energy, it is expected that in 2021.…
Coal Trade
Morocco Relying more Heavily on Russian Coal
Morocco's reliance on Russian coal imports increased in the first 11 months of 2020, as receipts from other sources fell sharply.
Market Analysis
Coronavirus Causes Largest U.S. Greenhouse Gas Emissions Drop Since World War Two
The economic fallout from the uncontrolled spread of COVID-19 - especially in big emitting sectors like transportation, power and industry - resulted in a sharp…
Electric Car
Mercedes-Benz Cars Tripled Global Sales of xEVs in 2020; 7.4% of Sales
Mercedes-Benz experienced a sharp increase in xEV deliveries in 2020, with more than 160,000 plug-in hybrids and all-electric vehicles sold worldwide, including…
Oil Price
How Will Biden’s Presidency Impact South America’s Oil Boom?
Much has been made of President-elect Joe Biden’s energy policies and the negative impact they will have on the U.S. oil industry, which is laboring to survive…
Natural Gas
Russia Doubles Pipeline Gas Contract Supplies to China
Natural gas deliveries from Russia to China through the Power of Siberia 1 pipeline have risen sharply, doubling contracted pipeline gas supplies to a rate of 1…
Thermal Coal
Australian Coal Thrives Despite China Ban
Australian thermal coal prices have risen sharply in recent weeks despite an import ban from one of its traditional markets, China.
Coal Trade
US Coking Coal Exports to Asia Fall Sharply in August
US coking coal exports declined by nearly 40pc year on year to 2.64mn t in August, driven by a significant fall in shipments to Japan and India.
LNG
Ukraine Gas Demand Hits Recent-Year August High
Ukrainian gas demand climbed sharply in August, driven by strong demand from gas-intensive industrial consumers and the power sector.
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