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Coal Trade
SWIFT Ban Hits Russian Coal Exports to China
Chinese buyers of coal are having trouble securing financing to buy coal from Russia, the world’s third-largest coal exporter, as China’s banks are wary of sa…
Electric Car
GM Sells Its Stake in Embattled EV Start-Up Lordstown Motors
General Motors sold its stake in Lordstown Motors during the fourth quarter following an undisclosed lock-up period, the Detroit automaker confirmed Tuesday.
First Solar Shares Sink After Revenue Miss, Disappointing Guidance
Shares of First Solar dropped more than 16% during extended trading Tuesday after the company reported missing revenue expectations during the fourth quarter …
Oil Price
India Ready to Tap National Oil Stocks Further to Tackle Soaring Prices
India is prepared to release additional crude from its national stocks in support of efforts by other major oil importers to mitigate surging global prices, the…
Oil & Gas Trade
Vietnam: 25%Fuel Shortage To Be imported
the Vietnam Oil and Gas Group to give detailed notice of the supply situation as soon as possible so that petroleum companies can proactively plan to import to …
Electric Car
India: Central Government Replacing Fuel Vehicles With EV's
Since the Electric Vehicle Policy in August 2020 was implemented, various departments and autonomous bodies of the Delhi government have started replacing old p…
Oil & Gas Supply
Could Russia’s Invasion Of Ukraine Spark Another Arab Spring?
Russia and Ukraine are major exporters of food and agricultural products, and if these products are disrupted then there could be significant unrest in the MENA…
Nuclear Power Plant
Chinese Nuclear Steam Supply Project Launched
A project has started at the Tianwan nuclear power plant in China's Jiangsu province to supply steam to a nearby petrochemical plant
Electric Car
Tesla Said To Plan Second Factory In Shanghai To Meet Rising Demand
Tesla reportedly plans to build a second factory in Shanghai as it seeks to more than double production capacity in China.
Energy Transition
The Energy Transition Is Just Getting Started
2021 saw continued positive momentum for the energy transition, with policy commitments and investments made to accelerate the decarbonization of the global ene…
Hydrogen Production
What will the UK’s 1GW Hydrogen Hub Look like?
Vertex Hydrogen, a joint venture between Essar Oil UK and Progressive Energy, last month (January 2022) said it will develop what it believes to be the UK’s la…
Coal Production
China Starts Building 33 GW of Coal Power in 2021, Most Since 2016
China started building 33 gigawatts of new coal-fired power generation capacity last year, the most since 2016, research published on Thursday showed, a sign th…
Carbon Emissions
Energy Sector Methane Emissions 70% Higher than Official Figures -IEA
Emissions of the potent greenhouse gas methane coming from the global energy sector are 70% higher than officially reported, the International Energy Agency (IE…
LNG
LNG Giant Australia Sees 500% Growth Prize in Emerging Asia
Australia, one of the world’s biggest exporters of liquefied natural gas, aims to target a forecast boom in demand in India and across emerging Asia as nations…
Oil Price
India’s Fuel Appetite Seen at a Record even as Oil Nears $100
Local sales of gasoline, diesel and other fuels have started picking up after being whipsawed by several virus waves and tax-inflated pump prices in the past tw…
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