Fosil Fuels
Share
The oil and gas industry faces a moment of truth and an opportunity to adapt
Oil and gas producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products, according to a major new special report from the IEA that shows…
How can sustainable debt support China’s energy transition?
Sustainable debt has become a popular tool to fund green and sustainability-linked activities since it first emerged in the mid-2010s, providing a tailwind to clean energy investment. Global sustainable debt issuances have risen nearly tenfold since 2016, peaking at over…
Electricity and gas prices stabilize in 2023
After a significant increase in prices that started before the Russian invasion of Ukraine, but skyrocketed through the second semester of 2022, electricity and gas prices are stabilizing. The prices of energy rose due to an increase in the price…
EU imports of energy products continued to drop in Q2 2023
Following a strong increase in energy imports in the EU between 2021 and 2022, the scenario is different in 2023, with imports dropping for the second quarter in a row when compared with the same period in the previous year.…
Global coal demand set to remain at record levels in 2023
Global coal consumption climbed to a new all-time high in 2022 and will stay near that record level this year as strong growth in Asia for both power generation and industrial applications outpaces declines in the United States and Europe,…
Two sides of Europe: coal or RES – polluted and unpolluted Europe
The Balkan Peninsula is an area that has significant deposits of coal, especially lignite, known as brown coal. Serbia has the most extensive coal deposits in the Balkans and ranks high for lignite deposits globally – right after Germany, Australia,…
IEA: Growth in global oil demand is set to slow significantly by 2028
Growth in the world’s demand for oil is set to slow almost to a halt in the coming years, with the high prices and security of supply concerns highlighted by the global energy crisis hastening the shift towards cleaner energy…