World coal consumption - less than ever

09/11/2015 10:00


Global consumption of coal, the most polluting fuel has registered its biggest decline in history.

This historic fall was caused by rising renewable energy uptake, a weak global energy demand, and China’s battle against pollution. Coal business has been hit hard by the increasing numbers of power plants switching from using coal to using natural gas for power generation. According to a report published by Greenpeace, global coal consumption is down in a range from 2.3% to 4.6% from January to September this year, if compared to the same period of last year. China has reduced its coal consumption by 4% this year, while coal imports fell more than 31%. Meanwhile, in the US, coal registered an 11% decline in the first seven months of this year. In Europe, the biggest regress was seen in the UK, where the coal use fell by 16%, aiming to become entirely “clean” by 2020, followed by Germany which registered a 0.9% decline.

Poland reached record gas exports to Ukraine

15/01/2018 11:37:00

According to Polish oil and gas firm PGNiG, Poland’s natural gas deliveries to Ukraine doubled in 2017 to reach over 700 million cubic meters.


EU more reliant on Russian gas despite diversification efforts

15/01/2018 11:09:00

Russian major energy company Gazprom, supplied Europe with record amount of gas, despite cold diplomatic relations between Russia and the European Union.


Daily (15.01.2018): UK day-ahead gas contract surged by 2.3% on Friday due to higher demand

15/01/2018 10:05:00

Oil prices surged on Friday, remaining on track for a fourth consecutive week of gains, bolstered by a drawdown in U.S. inventories and a pullback in production, combined with steady demand and the extension of OPEC’s global supply cut deal.