• China’s Coal Imports Booming

    • Date: 14/07/18
    • CNBC

    China’s demand for the fossil fuel for electricity generation has surpassed expectations. The commodities sector has been hit by escalating trade tensions  between  Washington  and  Beijing, but coal is bucking that trend as China’s demand for the fossil fuel remains high. Benchmark Australian thermal coal prices have risen 40 percent this year so far, breaking through $120 per metric ton for […]

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  • U.S. Is Set to Become World’s Top Oil Producer, Government Says

    • Date: 12/07/18
    • Bloomberg

    The U.S. government sees oil production further climbing next year even amid transportation logjams in the country’s most prolific shale play. The Energy Information Administration sees U.S. crude output averaging 11.8 million barrels a day in 2019, up from its 11.76 million barrel a day estimate in the June outlook. “In 2019, EIA forecasts that […]

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  • In Ironic Twist, Green Energy Drive Creates Asian Coal Boom

    • Date: 10/07/18
    • Nikkei Asian Review

    Coal, one of the world’s most polarizing commodities, has now become an Asian irony. Efforts to curb use of the so-called black diamond in the West have been a boon for coal companies in the East, more so now that the benchmark price for thermal coal exceeded $120 per ton in July, the highest since 2012. No one was surprised […]

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  • A Double First in China for Advanced Nuclear Reactors

    • Date: 06/07/18
    • IEEE Spectrum

    Safer reactors designed in the U.S. and Europe make their power grid debuts in China Call it the world’s slowest photo finish. After several decades of engineering, construction flaws and delays, and cost overruns—a troubled birth that cost their developers dearly—the most advanced commercial reactor designs from Europe and the United States just delivered their first […]

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  • Grid Operator Warns Wind Will Not Fill Sweden’s Nuclear Gap In Winter

    • Date: 03/07/18
    • Reuters

    Sweden will have to import more electricity during winter as the country, a net power exporter to the rest of Europe, shifts from nuclear to wind, its grid operator said. Last winter, the first since the closure of its Oskarshamn 1 reactor, stretched Sweden’s resources as peak consumption rose by 800 megawatt (MW), triggering start-up […]

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  • Enough U.S. Shale Gas For 100 Years Supply, Industry Execs Say

    • Date: 30/06/18
    • Reuters

    Natural gas production from U.S. shale fields can keep growing for decades, giving Washington a powerful diplomatic tool to counter the geopolitical influence of other energy exporters such as Russia, industry executives and government officials said at a conference here. Already the world’s largest gas producer, the United States can expand shale gas output another […]

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  • The Texas Well That Started A Revolution & Changed The World Forever

    • Date: 29/06/18
    • Russell Gold, The Wall Street Journal

    Two decades ago, an engineer tried a new way to get gas out of the ground. Energy markets and global politics would never be the same. DISH, Texas – Twenty years ago this month, a well was drilled here that changed the world. Nothing at the time suggested the unassuming well in this rural town […]

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  • In the Age of Trump and Putin, Europe Faces Hard Choices on Gas

    • Date: 27/06/18
    • Bloomberg

    Europe’s shrinking production of natural gas has made it an enticing target for exporters. It’s also left the region facing hard choices ahead at a time of growing political uncertainty. Imports to the continent are poised to rise almost 20 percent by 2040 from 2016 levels, according to International Energy Agency. While Russia has long […]

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