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Fosil Fuels
Court Forces Turkish Coal Plant to Suspend Operations
Izdemir coal power station opened in April 2014. Now, a Turkish court has revoked its environmental permit. Without it, the 350MW generator cannot legally run. The judge cited its impact on the ancient Aeolian city of Kyme, a nearby archaeological…
Vice-President of European Commision Attends Southern Gas Advisory Council Meeting
Yesterday a ministerial meeting of the Southern Gas Advisory Council was held in Baku, Azerbaijan. Participants discussed bringing gas to EU markets from regions to the south and east of Europe along the Southern Gas Corridor. European Commission Vice-President Maroš…
OPEC Secretary General speaks at IP Week conference in London
OPEC Secretary General, HE Mohammad Sanusi Barkindo, two days ago delivered a keynote address at the International Petroleum (IP) Week conference in London. The session was moderated by Manus Cranny, Markets Editor/Anchor, Bloomberg TV, who followed the Secretary General’s speech…
Palestinians Discuss Development of Gas Field with Shell
The Palestinian Investment Fund (PIF) announced on Monday that it has been discussing the development of Gaza Marine Gas Field with Shell, Anadolu has reported. Gaza Marine is about 30km off the coast of the Gaza Strip in the eastern…
Nord Stream 2 to Play Crucial Role in EU’s Energy Security
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in St. Petersburg yesterday. The meeting addressed Russian gas supplies to Austria. In 2016, Gazprom exported…
End Fossil Fuel Subsidies by 2020, Insurers and Investors Tell G20
A coalition of 16 leading investors and insurers, including Aviva Investors, Aegon Asset Management and Legal & General, have today urged G20 nations to halt all subsidies for fossil fuels by the end of the decade, warning ongoing government support…
Medium-Term Coal Market Report 2016
Analysis on coal often tends to be one-sided. But to truly understand the important role that coal plays, for better or worse, in the global energy system, it is critical that we examine both sides of the coin. This means…