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Coal Price
Coal Prices Rise to Record Levels on Russia Supply Fears.
Coal buyers are trying to lock up supplies amid fears that Russia could respond to sanctions by cutting off exports.
Coal Production
Bens Creek Group Provides Coal Production and Delivery Update
Bens Creek, the owner of a recently re-opened metallurgical coal mine in North America supplying the steel industry, has announced an update on coal production …
Wind Power Project
Vestas Secures First Estonian Wind Project
Vestas has received a 21 MW order from Enefit Green AS’s subsidiary, Enefit Wind Purtse, for the Purtse wind project in Estonia, which represents Vestas’ mark…
Natural Gas
Average US Gas Price Rises 22% in Two Weeks to Record $4.43
The average U.S. price of regular-grade gasoline shot up a whopping 79 cents over the past two weeks to a record-setting $4.43 per gallon (3.8 liters) as Russia…
Coal Production
China's Jan-Feb Coal Output Jumps 10.3% for Winter Heating
China’s coal output rose 10.3% in the first two months of 2022 from a year earlier, after Beijing encouraged miners to ramp up production for the winter heatin…
Net Zero Emission
Shell Directors May Face Lawsuit over Climate Transition Plans
Environmental lawyers ClientEarth said on Tuesday they were preparing legal action against the directors of Shell over the company's climate transition plan.
Nuclear Power Plant
Efforts Continue to Restore Power to Chernobyl
IAEA Director General Rafael Mariano Grossi said Energoatom CEO Petro Kotin had told him on Sunday that specialists had fixed one of two damaged lines to the p…
Natural Gas
U.S. Gasoline Prices Edge Lower After Hitting Record High Last Week
U.S. gasoline prices at the pump edged lower over the weekend after reaching all-time highs last week following Russia's invasion of Ukraine.
Coal Price
Spot Coal Prices Hit Record on High Demand, Hoarding
Power producers said this would substantially raise power tariffs, particularly the spot prices, while coal companies said the coal being bought is meant for me…
Oil Price
Oil Price Shock Jolts Global Recovery as Economic Impact of Russia’s Invasion Spreads
The highest oil prices since the 2008 financial crisis are dealing a heavy blow to the global economy, slowing Europe’s pandemic recovery to a near stall and c…
Wind Farm
Vestas Secures Cordelio Power Order
Vestas has received a 171 MW order from Cordelio Power to power the Moraine Sands wind project in Illinois, US. The order consists of 38 V150-4.5 MW turbines.
Oil Price
EIA Hikes Oil Price Forecast To $105 This Year
The Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook (STEO), significantly raising its February forecast of $82.87 after Rus…
Natural Gas
U.S. Natural Gas Little Changed as Rising Demand Offsets Global Price Drop
U.S. natural gas futures were little changed on Wednesday as forecasts for more U.S. heating demand next week slowed the U.S. market following a massive drop in…
Investigating an Innovative Solution for Thermal Energy Storage
A PCM's ability to absorb and release energy has recently attracted more attention because of society's shift from fossil fuels towards renewable energy sources…
Oil Price
UAE, Saudi Arabia Decline Talks with Biden amid Oil Price Surge
Crown Prince Mohammed bin Salman of Saudi Arabia and Sheikh Mohammed bin Zayed declined requests for direct communication with President Biden in recent weeks.
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