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Crude Oil
Oil Rises 4% in Week as Energy Crunch Shows no Signs of Easing
Even with worldwide demand growing as economic activity rebounds from pandemic lows, the Organization of the Petroleum Exporting Countries and allied producers …
Market Analysis
'Global Storage Set to Triple in 2021’
Annual global energy storage deployments will nearly triple year-on-year, reaching 12GW by the end of 2021.
LNG
LNG Binding Producers-Consumers Together in Abruptly Changing Energy Landscape
However, he warned, the industry is increasingly being challenged by policies slanted against fossil fuels, which may lead to lack of financing and investment a…
Market Analysis
Global Energy Crisis Drives U.S. Coal Prices to Two-Year High
The global energy crisis is rippling into U.S. coal markets, with prices hitting a two year high due to surging demand and years of supply cuts.
Energy Transition
Vietnam’s Clean Energy Transition at Risk After Coal Power Pivot: IEEFA
It raised its coal power target capacity to 40GW by 2030.
Energy Security
China Limits Power in at Least 20 Provinces Amid Energy Crisis
To comply with China's energy consumption policy, Apple and Tesla have suspended production at some of their factories.
Natural Gas
Unprecedented High Gas Price: Security of Global Supply at Risk?
The price for October future at the TTF Hub reached $1,031 per 1,000 cubic metres.
United States
U.S. Renewable Energy Production Hits All-Time High in First Half 2021
Domestic production of renewable energy reached an all-time high in the first six months of this year
Thermal Coal
Global Coal Exports Continue to Lag Pre-Pandemic Levels
Indonesian coal exports grew by 5.1mn t on the year to 34.4mn t in August.
Market Analysis
SK Hynix CEO Not Concerned about Electric Power Shortage in China
SK Hynix’s plant in China faces no problem regarding the recent electricity shortage in China, the company's CEO said on Sept. 28.
Market Analysis
China’s Coal Shortage could Leave Other Countries in the Dust
China is in dire need of more coal, and it’s willing to pay ‘any price’ to secure more of the world’s dirtiest fossil fuel – which means other countries ri…
Market Analysis
Coal in Asia ‘Won’t Disappear Any Time Soon’
Frank Thiel noted that the Philippines’ moratorium against coal was aimed at preventing the building of new coal-fired power plants.
Oil Price
Goldman Sachs Hikes Oil Price Forecast To $90
Tightening oil markets with robust demand recovery and disruptions to supply from Hurricane Ida prompted Goldman Sachs to hike its end-2021 oil price forecast t…
Hydrogen Production
Nuclear Needed for Hydrogen Production, Study Says
To facilitate rapid decarbonisation and cut dependency on fossil fuels, both nuclear energy and renewables are needed for power and hydrogen production, a new i…
Market Analysis
Grossi Discusses the Future of Nuclear Energy at Geneva Event
Nuclear energy faces some challenges, but also provides many opportunities – especially as an important tool in the fight against climate change, a problem con…
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