China is going to boost coal production and power generation despite plans to boost its wind and solar capacity as well, signaling hydrocarbons remain an essential source of reliable electricity. In a report released today and quoted by Reuters, the Chinese authorities also said they were going to change the …
Read More »France and Spain Lead Europe’s Onshore Wind Potential
Europe has been steadily ramping up its wind energy capacity in a bid to support a green transition and reduce its reliance on fossil fuels. In the last quarter of 2023, the region succeeded in producing more power from wind than coal for the first time, and it has since …
Read More »India’s Iraqi Oil Imports Rise in February, Russian Shipments Decline
India’s crude oil imports from Iraq increased in February 2025, according to data from analytics firm Kpler. India’s oil imports from Iraq increased 8.3% this month compared to January, surpassing 1.1 million barrels per day (bpd), the data showed. Conversely, imports from Russia reportedly fell by 14.9% to an average …
Read More »Restart of Kurdistan Oil Exports still in Limbo
Despite assurances from the federal Iraqi government that the resumption of oil exports from Kurdistan is imminent, the foreign oil firms operating in the semi-autonomous Iraqi region said on Friday they would not be resuming oil exports today. Last week, Iraq’s Oil Minister Hayyan Abdul Ghani said that Iraq and …
Read More »India’s Crude Oil Imports from Russia at Two-Year Low
The U.S. sanctions on Russia’s oil trade have led to a slump in Indian imports of Russian crude, which have plunged to a two-year low in February, per data from analytics firm Kpler cited by Bloomberg. Since the Russian invasion of Ukraine and the bans on Russian oil in the …
Read More »China’s Imports of Russian and Iranian Oil Set to Rebound
A massive reshuffle of tankers allows non-sanctioned vessels to pick up trade with Russian and Iranian oil, which will result in a rebound in China’s imports of cheaper crude from the two producers in March, from a two-year low in February, analysts and traders tell Reuters. The Biden Administration’s farewell …
Read More »U.S. and Ukraine Reach Agreement on Minerals
The United States and Ukraine have reached an agreement on jointly developing Ukraine’s mineral resources, including transition metals and rare earth minerals, the Financial Times reported on Wednesday, citing Ukrainian officials and the final version of the agreement it had seen. Talks have apparently progressed since last week’s heightened tensions …
Read More »IEA: Europe should Consider Replacing Russian LNG
Europe has been importing growing volumes of liquefied natural gas from Russia and should consider replacing these with supply from other sources, including Qatar, according to Fatih Birol, Executive Director of the International Energy Agency (IEA). “Europe has been importing a lot of Russian LNG to help its economies,” Birol …
Read More »Trumps Wants Keystone XL Built
President Donald Trump wants the Keystone XL pipeline built, he said in a post on his social network Truth Social. “Our Country’s doing really well, and today, I was just thinking, that the company building the Keystone XL Pipeline that was viciously jettisoned by the incompetent Biden Administration should come …
Read More »Ukraine Mineral Rights at Center of Negotiations with U.S.
As Ukraine prepares to mark three years since Russia’s full-scale invasion on February 24, leaders in Kyiv are weighing U.S. proposals for access to Ukrainian mineral resources. Speaking on February 23, Ukrainian President Volodymyr Zelenskyy said talks with the United States on the matter were “making progress.” The same day, …
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