• Coal Isn’t Dead: China Proves It

    • Date: 25/01/19
    • Jude Clemente, Forbes

    China approved nearly $6.7 billion worth of new coal mining projects in 2018, and production increased 5.2% to 3.55 billion tonnes. Responsible for 46% of global production and 51% of global demand, China’s coal reliance is not falling nearly as fast as some like to claim For demand, too many confuse the crucial difference between “growing less slowly” or remaining […]

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  • Norway’s $1 Trillion ‘Green’ Wealth Fund Boosts Its Coal Exposure

    • Date: 23/01/19
    • Bloomberg

    Norway’s massive sovereign wealth fund has increased its exposure to coal reserves even after imposing restrictions on investing in the fossil fuel that’s seen as one of the main catalysts for global warming, according to a report. The findings are another illustration of how the ban, which restricts investments in companies that get more than 30 percent […]

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  • ‘Realistic’ New Model Points the Way to More Efficient and Profitable Fracking

    • Date: 22/01/19
    • Phys.org

    A new computational model could potentially boost efficiencies and profits in natural gas production by better predicting previously hidden fracture mechanics. “Our model is far more realistic than current models and software used in the industry,” said Zdeněk P. Bažant , McCormick Institute Professor and Walter P. Murphy Professor of Civil and Environmental Engineering, Mechanical […]

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  • The US Strikes Back Against Russia’s European Gas Empire

    • Date: 21/01/19
    • The Daily Signal

    KYIV, Ukraine—With the Kremlin tightening its grip on the European energy market, the U.S. has hardened its opposition to a controversial Russian gas pipeline, which is currently under construction through the Baltic Sea to Germany. A section of the EUGAL natural gas pipeline is laid into the ground near Anklam, Germany. Once completed, the pipeline […]

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  • Germany’s Coal Imports Rising After Domestic Mining Ends

    • Date: 20/01/19
    • Reuters

     Germany is expected to import 45 million tonnes of hard coal this year, up roughly 1.4 percent from 2018 despite mounting competition from renewable energy, as the closure of domestic mines reduces domestic supply, importers said on Friday. The total would comprise an estimated 30 million tonnes for power generation and 15 million tonnes of […]

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  • China To Scale Back Solar And Wind Subsidies

    • Date: 11/01/19
    • Reuters

    BEIJING/SHANGHAI (Reuters) – China will launch a series of subsidy-free wind and solar projects this year to take advantage of a rapid fall in construction costs since 2012 and tackle a gaping payment backlog, the country’s top planning agency said on Thursday. Last year, the government was forced to suspend all new subsidized solar capacity […]

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  • Shale Revolution 3.0: Saudi Arabia Edges Toward Buying Into Booming U.S. Shale LNG Sector

    • Date: 10/01/19
    • The Wall Street Journal

    Saudi Arabia is nearing a deal to invest in U.S. liquefied natural gas, a landmark decision for the kingdom, which in the past had been a huge supplier of energy to America. America’s shale revolution has broken years of dependence on Middle Eastern oil, to the extent that the International Energy Agency expects the U.S. to […]

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  • Germany Wobbles on Russian Gas Pipeline as Trump Pressure Starts to Bite

    • Date: 08/01/19
    • Bloomberg

    Support in German Chancellor Angela Merkel’s coalition for a major new Russian gas pipeline is slipping as frustration with the Kremlin’s brinkmanship grows and pressure from U.S. President Donald Trump starts to bite. Nord Stream 2, an $11 billion project that will double the natural gas supply under the Baltic Sea to Germany, faces growing […]

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