News

News coming out of China indicates the country set new records in 2023 for the import of crude oil, coal, and iron ore. The revelation caught many by surprise, but analysts caution…

The European Union (EU) has “no interest” in extending the transit agreement for Russian natural gas supply to EU countries via Ukraine, EU Energy Commissioner Kadri Simson said on Thursday. The gas…

India was one of the advocates for holding a global stocktake exercise and has offered to host the second global stocktake, COP33. In the preparation of next Nationally Determined Contributions 2025-2030, India…

Global food commodity prices are set for respite in 2024 after three years of record highs caused by war, adverse weather and rising energy and input…

Last week thermal coal indices on the European market surged up to 110 USD/t, driven by the introduction of sanctions against major Russian coal companies (SUEK and Mechel) as well as strengthening…

One of the largest energy sources in the world, which was once considered a substitute for coal, may have an even more detrimental impact on the environment than the energy sources it…

According to the General Administration of Customs of China (GACC), in July 2022, Russian exporters boosted coal supplies to Chinese consumers to 7.4 mio t (+1.3 mio…

Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Dec 2023, global seaborne coal loadings increased by +6.0% yo-y to 1,341.2…

Shell has come out with a bold forecast that global LNG demand will rise by 50% by 2040, largely on the back of China-led growth in Asia. But this looks optimistic given…

Amid economic sanctions imposed by the United States, the international market may be deprived in 2024 not only of the tonnage supplied by SUEK and Mechel, but also of the volume exported…