• Coal Is Still King In Global Power Production

    • Date: 02/12/18
    • Press Trust of India

    Despite efforts to tackle global warming, worldwide demand for coal was up one percent last year, mainly due to demand in Asia. Coal remains the most widely used means of electricity production in the world. It also happens to be the biggest emitter of climate-changing carbon dioxide of any fuel. Despite efforts to tackle global […]

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  • Energy Superpower: U.S. Crude Oil And Natural Gas Proved Reserves Set New Records

    • Date: 29/11/18
    • U.S. Energy Information Administration

    High prices and continued development of shale and tight resources drove proved reserves of both U.S. crude oil and natural gas to new records in 2017, according to EIA’s recently released U.S. Crude Oil and Natural Gas Proved Reserves report. Proved reserves of U.S. crude oil increased 19.5% from the end of 2016, reaching 39.2 billion barrels […]

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  • New Coal Boom Looms After Green Light For Adani Coal Mine

    • Date: 29/11/18
    • The Australian

    Australia is on the brink of opening up a massive, untapped coal province after Adani committed to begin construction of its ­controversial Carmichael mine project in central Queensland befor­e Christmas. After almost a decade of ­delays, legal challenges and protest­s, the Indian conglomerate is planning to begin exporting high-quality thermal coal from the Galilee Basin, […]

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  • The Great Oil Crash of 2018

    • Date: 26/11/18
    • Matt Egan, CNN Business

    The meltdown in the oil market has caught almost everyone off guard. In the span of mere weeks, crude prices went from a four-year high to a full-blown bear market. The oil crash — crude is down more than 30% from its recent peak — was triggered by a series of factors that combined to […]

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  • Australian Coal Share Price Increases 300%

    • Date: 26/11/18
    • Seeking Alpha

    In the current era with an increasing focus and interest in ‘clean energy’ while moving away from fossil fuels, one wouldn’t expect to be able to make money with coal companies. That’s a false perception as coal prices remain quite strong, and the share price of Whitehaven Coal has increased by in excess of 300% since my most […]

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  • Carbon Taxes Will Destroy Ireland’s Rural Economy, Farmers Warn

    • Date: 24/11/18
    • The Irish Independent

    The Irish Farmers’ Association and the Irish Creamery Milk Supplier Association (ICMSA) have hit out at the possibility of carbon taxes being introduced to curb greenhouse gas emissions. The farm organisations’ comments follow warnings from Richard Bruton, the Minister for Communications, Climate Action and the Environment, that Ireland is “far off course” in achieving its CO2 reduction targets. […]

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  • Green No More, Japan Is Building 30+ New Coal Power Plants

    • Date: 23/11/18
    • Nikkei Asian Review

    Japanese government officials justify their reliance on coal by citing cost, security of supply concerns and the need for a diverse energy mix. Coal power plants are “necessary” because “the resource is cheap and more economical with scale,” Shogo Tanaka, director of the Energy Strategy Office at METI, told the Nikkei Asian Review. TOKYO/KOBE, Japan […]

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  • Romania Could Challenge Russian Grip On Europe’s Energy

    • Date: 20/11/18
    • Mihaela Rodina, Phys.org

    Romania, one of the EU’s poorest members, could emerge as an unlikely challenger to Russia’s iron grip on eastern Europe’s energy supply thanks to vast oil and gas reserves waiting to be tapped, experts say. Its hydrocarbon riches already give Romania a high degree of energy self-sufficiency, but there are many more untapped reserves under […]

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