Russia’s invasion of Ukraine has created an energy crisis in Europe and global energy markets will never be the same. The new world energy order will be defined by government Continue Reading
In its latest Electricity Market Report , the Paris-based International Energy Agency (IEA) says that global demand for electricity is already slowing sharply thanks to slowing economic growth and high Continue Reading
The deadly heatwaves that have fuelled blazes and caused transport disruptions in Europe, the US, and China this month have one thing in common: a peculiar shape in the jet Continue Reading
Iraq has doubled its oil production capacity in the last decade to become the second-largest producer and exporter in OPEC, but the country has failed to realize most of its Continue Reading
Libya’s oil and gas minister in the UN-backed Government of National Unity expects oil production to return to “normal” levels of 1.2 million b/d in a week to 10 days Continue Reading
Nigeria’s president, Muhammadu Buhari, has unveiled a revamped national oil company that he called commercially driven and not relying on government funding. Buhari says the Nigerian National Petroleum Company would Continue Reading
India’s economic activity showed early signs of cooling off in June as acute price pressures, rising interest rates, and a falling rupee dampened sentiment after a strong showing the previous month. Softer Continue Reading
Customers queue outside a Western Sydney chemist to purchase Rapid Antigen Test kits in the wake of the coronavirus disease (COVID-19) pandemic in Sydney, Australia, January 5, 2022. REUTERS/Jaimi Joy Continue Reading
Bloomberg News For those dismayed at the searing heat afflicting much of the planet, some sobering news from the world’s biggest coal industry: the dirtiest fossil fuel will remain China’s Continue Reading
High LNG prices have made the commodity significantly less popular in China. Coal-supportive policies are making coal-fired power more attractive. Lower power demand as a result of China’s strict covid Continue Reading
