Showing 1 - 10 of 28
Hydro rebound will curb fossil fuels
News, Published on 11/07/2024
» Global hydroelectric generation slumped to a five-year low last year as a result of lower-than-average rainfall across China, North America and India, contributing to record fossil fuel combustion and emissions in 2023.
China's rapid renewables rollout hits grid limits
News, Published on 08/07/2024
» China's record-breaking deployment of wind and solar capacity has worsened regional power imbalances, forcing the country to idle increasing amounts of renewable generation when it overwhelms local consumption.
Oil traders optimistic on war risks
News, Published on 23/04/2024
» Petroleum prices have fallen following Iran's missile and drone assault on Israel, confounding expectations that the escalation of the shadow war would cause them to rise.
Global freight to 'lift fuel prices'
News, Published on 02/04/2024
» Global trade flows, which showed signs of acceleration at the start of 2024, indicate a recovery from the late 2022 slump in major industrial economies, likely boosting demand for transport fuels such as diesel.
China's hydro generators wait for the rains to come
News, Published on 27/03/2024
» China's hydro generation has been essentially flat for the last three years, despite commissioning several large new power plants, as a prolonged drought has sharply reduced river flows in the southwestern part of the country.
Diesel prices primed to increase sharply in 2024
News, Published on 08/02/2024
» Global stocks of diesel and other middle distillates are below normal and prices could start to rise quickly if the industrial economies of North America and Western Europe emerge from their lingering recession in 2024.
Why the oil market refuses to catastrophise
News, Published on 20/01/2024
» Psychologists sometimes warn anxious and depressed clients about the danger of catastrophising -- fixating on the worst possible outcome, exaggerating serious but unlikely risks rather than evaluating all outcomes rationally.
China's drought sparks coal fears
News, Published on 09/09/2022
» China's drought has sent coal prices surging as traders anticipate the lack of hydroelectric generation will force it to burn more coal to meet electricity demand this winter.
Global coal-fired power supplies at a record high
News, Published on 28/07/2022
» Global coal-fired electricity generators are producing more power than ever before in response to booming electricity demand and the surging price of gas.
Georgia rebukes Trump over US voter fraud 'Big Lie'
AFP, Published on 25/05/2022
» ATLANTA: Republican voters delivered a stark repudiation Tuesday of Donald Trump's "Big Lie" that the 2020 US election was stolen, backing Georgia Governor Brian Kemp for re-election by a huge margin over a candidate recruited by the former president.