Fosil Fuels
Oil Market Report Highlights – March 2022
The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining…
The Joint Technical Committee Meets to Review Oil Market Conditions
The Joint Technical Committee (JTC) of the Declaration of Cooperation (DoC) held its 60th Meeting today via videoconference to examine the latest developments in the global oil market. The OPEC Secretary General, HE Mohammad Sanusi Barkindo, noted the impact of…
Coal power’s sharp rebound is taking it to a new record in 2021, threatening net zero goals
The amount of electricity generated worldwide from coal is surging towards a new annual record in 2021, undermining efforts to reduce greenhouse gas emissions and potentially putting global coal demand on course for an all-time high next year, the International…
End of Coal in Sight at COP26
Coal is being consigned to history today at COP26, as countries, banks and organisations move away from the single biggest contributor to climate change. A just transition to clean energy and the rapid phase-out of coal has been at the…
In 2020, U.S. Coal Production Fell To Its Lowest Level Since 1965
U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24 percent decrease from the 706 MMst mined in 2019 and the lowest level of coal production in the United States in any year since 1965. The decline…
Joint Event Highlights Latest Actions to Tackle Methane Emissions in the Gas Sector
The Energy Community Secretariat, Gas Infrastructure Europe (GIE) and the Technical Association of the European Natural Gas Industry (MARCOGAZ) hosted a joint event on methane emissions in the gas sector. The event briefed more than 170 stakeholders on the latest…
Oil & Gas Execs Are Struggling To Attract Investors And Blaming Clean Energy
The Federal Reserve Bank of Dallas has released its Q2 2021 Energy Survey, and one thing is clear: oil and gas companies are struggling to find investors. The new report included special questions about expectations for a global crude oil gap,…