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Russia plans to resume coal shipments via North Korean port of Rajin for further export to China. Earlier shipments through this port used to be directed to China and South Korea, but were halted in 2017, caused by western sanctions against North Korea. The ice-free port of Rajin, with an…
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India’s Government launched its 9th round of commercial auctions for its coal mines on Wednesday, as the country looks to boost domestic production of the fossil fuel to meet increasing energy demand. The auction will see 26 mines from four states offered out; 12 in Madhya Pradesh, eight in Chhattisgarh, five…
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Last year, China emerged as the world’s clean energy champ, with the country accounting for $546 billion, or nearly half, of the $1.1 trillion that flowed into the sector as countries everywhere rushed to beef up their energy security. But those mammoth investments will do little to change China’s tag as the planet’s biggest polluter,…
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Chevron has announced the start of the second phase of development at the Tamar gas field offshore Israel. Despite the ongoing war with Hamas, the U.S. supermajor is working to increase production at the deposit to 1.6 billion cubic meters daily. The expansion project will cost $24 million. “Reaching FID for Phase Two of Tamar’s…
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Уже семь стран производят 100 процентов своей электроэнергии из возобновляемых источников энергии, две из них находятся в Европе. Прошедший год стал лучшим годом в истории новых установок ветровой энергии. Согласно последнему Global Wind Report от отраслевой торговой ассоциации Global Wind Energy Council (GWEC), сообщает Роман Билоусов из Enertus AG, в…
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More than 300,000 euros in a crowdfunding campaign, funding from the state development bank and a very big promise: The Viennese startup Fontus, which made a name for itself with an allegedly self-filling water bottle for on the go, is insolvent. This emerges from an entry by the Alpine Accounts…
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In 2022, coal comprised 26.7% of the world’s primary energy consumption. That was behind oil (31.6%), but ahead of natural gas (23.5%). However, coal was responsible for more carbon dioxide emissions than its fossil fuel counterparts. Fossil fuels are primarily composed of carbon and hydrogen. They are hydrocarbons. When hydrocarbons are combusted, the carbon forms…
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A UK-registered vessel has become the target of attack off the Yemeni coast, with military authorities saying that the crew had abandoned the vessel. The UK’s Maritime Trade Operations authority reported the incident and said that military authorities remained on the scene to provide assistance, adding advice for ships in the area to transit with…
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Despite big promises, Europe is acknowledging the importance of coal, as it continues to impose sanctions on Russian energy before having the necessary oil, gas or renewable alternatives ready to take its place. At the same time, the G7 is trying to help several Asian countries transition away from their coal dependency to less carbon-intensive…
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US thermal coal exporters recorded more than $5 billion in overseas sales in 2023, shipping upwards of 32.5 million metric tons of the high-polluting power fuel, according to Reuters, citing data from ship-tracking firm Kpler. These coal export earnings were the second highest since 2017, trailing only behind 2022’s $5.7 billion. This comes as US…