Korea’s Coal Phaseout Could Trigger a Seismic Shift in Asian Energy Trade
After decades of reliance on coal, South Korea has announced plans to close all coal-fired power plants by…
Chinese LNG Demand Looks Poised to Disappoint Yet Again
(Bloomberg) — Chinese liquefied natural gas imports are at risk of another weak year as disappointing industrial demand…
Diplomats Weigh Truce on Fossil Fuel Exit Plan at UN Climate
(Bloomberg) — International climate negotiators were weighing a potential compromise deal late Friday on establishing a formal plan…
Why the IEA Now Thinks Oil Demand Will Keep Rising Until 2050
The International Energy Agency (IEA) predicted in 2023 that the global peak in oil demand would likely take…
Colombia Plunges in Global Ranking for Climate-Change Mitigation Performance
Colombia falls nine places in this year’s Climate Change Performance Index (CCPI), highlighting the difficulties of the energy…
Japan Governor Seen Approving Tepco Nuclear Plant Restart
(Bloomberg) — The governor of Japan’s Niigata prefecture is set to approve the restart of the world’s biggest…
Dawn of Europe’s new trade order? – Deutsche Bank
“Banks are called upon to actively shape the renewal of Europe’s economy,” Sewing declared. “If we make the…
Stock Selloff Deepens as Fed Fears Rattle Traders: Markets
(Bloomberg) — A resurgence in tech shares spurred a rebound in stocks, though the advance was limited by…
Petrobras Weighs Lower Spending Plan on Bearish Oil Outlook
(Bloomberg) — Brazil’s state-controlled oil producer Petrobras is weighing a reduction in capital spending to $106 billion for…
Nuclear Startup Fermi Invokes Manhattan Project in AI Race
(Bloomberg) — US efforts to develop artificial intelligence systems and the nuclear-energy infrastructure needed to power them are…
PVChem and Messer SE & Co. KGaA to build $37 million industrial gas plant
PetroVietnam Chemical and Services Corporation (PVChem), a member of Petrovietnam, and Germany’s Messer SE & Co. KGaA have…
Europe’s LNG Demand Surge Flips Global Gas Market
Asia has been the driver of global demand for liquefied natural gas for years now, with its fast-growing…