Ukraine

Coal Trade

China Could Turn to Indonesia for Coal as Russian Exports Are Disrupted, Says CLSA

Russia’s war in Ukraine is unlikely to have a uniform effect across Southeast Asia, says Anthony Nafte of CLSA.

Oil Price

Sinopec Keeps Refinery Operations 'Fairly High' to Ensure Fuel Supply

China's Sinopec is running its refineries at "fairly high" operational rates, the firm said, seeking to ensure steady fuel supply in the country amid tight glob…

EV Market

Secondhand Tesla Prices are Shooting up as Petrol Prices and New Car Wait Times Blow out

With the price of petrol set to soar due to looming gas and oil shortages caused by Russia’s invasion of Ukraine and subsequent sanctions, observers are noting…

Oil Price

Asian Shares Surge as Russia-Ukraine Talks Buoy Sentiment

Asian shares surged on Thursday, tracking Wall Street's gains as planned diplomatic talks between Russia and Ukraine buoyed sentiment, although analysts warned …

Nuclear Power Plant

World Might Be “48 Hours away From Possible Chernobyl Radiation Leak”

Ukraine’s Foreign Minister said there is a power outage at Chernobyl power station.

Wind Turbine

Danish Wind Turbine Giant Vestas to Suspend Work on Four Projects in Russia

Danish wind turbine manufacturing giant Vestas will suspend work on four Russian wind projects in response to Russia’s invasion of Ukraine. Vestas will also su…

Electric Car

Gas Prices Are Spiking — Don’t Expect Sales of Electric Vehicles to Follow

Consumers hoping to switch to an all-electric or more fuel-efficient vehicle, while Russia’s invasion of Ukraine pushes gas prices to record highs, will largel…

Crude Oil

EU Leaders Tackle Escape Route From Russian Fossil Fuels

European Union leaders will tackle ways to wean themselves off Russian fossil fuels on Thursday and debate how quickly to ditch their key supplier.

Nuclear Power Plant

IAEA Concern over Situation at Chernobyl

IAEA says that reported power loss at Chernobyl violates one of its seven key 'safety pillars' but "in this case sees no critical impact on safety"

Natural Gas

Russian Gas Continues to Flow into Europe on Main Pipeline Routes

Russian gas delivered through pipelines continued to flow via Poland westward into Germany while flows into Slovakia via Ukraine remained at recent high levels …

Crude Oil

UK to Phase out Russian Oil Imports by End of 2022

The UK Government has announced plans to phase out oil imports from Russia by the end of 2022 in response to Vladimir Putin’s illegal invasion of Ukraine.

Coal Mine

Australia Pushing Higher Coal Exports to Europe

Australia's federal resources minister Keith Pitt is pressuring the premier of Queensland state Anastacia Palazczuk to expedite coal mine developments to free u…

Oil Price

Crude Oil Jumps as much as 7% on U.S. Ban of Russian Imports, but Trades off Session Highs

Oil prices jumped to their highs of the session Tuesday as President Joe Biden announced a ban on Russian fossil imports including oil in response to the countr…

Oil Price

Ukraine Speeds Global Rush to Self-Sufficiency

Brexit, trade wars between the United States and China, and Covid-19 have dealt successive knocks to globalisation, and the war in Ukraine is doing fresh damage…

Coal Production

China to Keep Daily Coal Output at More than 12 mln Tonnes amid Global Price Surge

China will maintain daily coal output at more than 12 million tonnes and accelerate approvals for new coal mining projects to ensure sufficient supply.