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Market Analysis
Global Coal Stocks Extend Decline
Coal stocks across key global hubs remained at a historic low at the end of August, driven by a global supply shortfall and recovery in demand, according to Arg…
Coal-Fired Power Plants
Aalborg CSP Supplies Energy Storage Technology to PTXSALT Plant for Green Conversion of Coal-Fired Plant
Aalborg CSP has received the order to supply its header-coil heat exchanger for steam generation and molten salt circulation system for the Kyoto Group project …
Crude Oil
Oil Prices Rise On Record U.S. Oil Demand
The price of WTI crude rose nearly 2% on Thursday on EIA reports that U.S. implied petroleum products demand had risen to record heights.
Ammonia
Linde Africa, Hive Hydrogen to Develop $4.6bn Green Ammonia Production Project in South Africa
South Africa continues to take strides in developing its hydrogen ecosystem and has received a boost with Hive Hydrogen and Linde Africa revealing a $4.6bn gree…
Coal Production
China Coal Output Hits Record in Nov to Ensure Winter Supply
China's coal output hit a record high in November as Beijing urged miners to ramp up production to ensure sufficient energy supplies in the winter heating seaso…
Crude Oil
Global Oil Supply Set to Outpace Demand Amid Higher Production, IEA Says
The surge in new Covid cases is expected to 'temporarily slow' but not upend the recovery in demand
Energy Saving
Poland to Improve Consumer Energy Efficiency with €100m Loan
The European Bank for Reconstruction and Development and Polish financial institution BNP have reached an agreement on a €100 million loan that will be used to…
Electricity Trade
Serbia Importing over 25% of Electricity Amid Outages Due to Snow
More than 90,000 consumers in Serbia were without electricity this morning. Almost 1.5 GW of current consumption is being covered by imports, which is unprecede…
Solar Power Plant
Longi, SEV Finalise 1.47-MW Rooftop Solar Project for Toyota Boshoku
Chinese photovoltaics manufacturer Longi Solar announced today the recent completion of a 1.47-MWp rooftop solar power system in Vietnam for premium automobile …
OPEC
Opec Revises Higher Call on Its Own Crude in 2021-22
Opec has revised higher the 2021 and 2022 forecast call on its own members crude as it increased oil demand expectations for both years, saying it expects the C…
Crude Oil
Opec Maintains 2022 Demand Outlook and Expects Mild Impact from Omicron Variant
The group maintained its oil demand forecast for next year at 4.2 million barrels per day
Oil & Gas Supply
Oman Bases 2022 Budget on Oil Price of $50/b, up from $45/b in 2021
2022 oil output forecast at 1.055 mil b/d vs 960,000 b/d in 2021
Energy Storage Battery
Carbon Fiber Paper Cathode for Rechargeable Flexible Zinc-Air Battery
An efficient and cost-effective approach to making flexible cathodes is devised in a study published in the journal Nanomaterials.
OPEC
Russia Says OPEC+ Deal Brings Investment Back To Oil Industry
The OPEC+ interventions on the market in recent years have helped the oil industry to see the beginning of the return of confidence and investments
Wind Farm
Aquila Erects 400-MW Wind Farm in Norway, Bags New Solar PPAs in Portugal
London-listed investment firm Aquila European Renewables Income Fund plc, or AERIF, said today that its 400-MW The Rock wind farm in Norway is close to being co…
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