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BP: Global energy demand continued its sluggish growth
Global energy demand continued its slow increase last year as growth in Chinese consumption dropped to its lowest level in almost two decades, while renewables flourished, as stated by BP in a report on Tuesday.
read more... 15/06/2017
China’s coal consumption keeps plummeting for the 3rd straight year
China's coal consumption plummeted for the third consecutive year in 2016, government data showed Tuesday, as the world's biggest carbon emitter struggles to cut its addiction to the heavily polluting fuel.
read more... 02/03/2017
Investors request G20 to stop fossil fuel subsidies
A group of investors have requested the G20 to stop fossil fuel subsidies by 2020. The businesses, which are estimated at a total of $2.8 trillion (£2.25tn) and comprise insurance companies Aviva, KBI and Legal and General, declared the backing for production and consumption of fossil fuels is a significant concern to the finance sector.
read more... 16/02/2017
China to limit coal consumption by 2020
According to the energy sector's five-year plan for 2016-2020, released currently by the National Development and Reform Commission and the National Energy Administration, the stake of coal in the country's energy mix should fall below 58 percent. Last year, coal accounted for 64% of primary energy.
read more... 18/01/2017
Gazprom supplied nearly one-third of Europe’s gas consumption in 2016
Europe has never bought so much Russian gas, even in the Soviet era.
read more... 29/12/2016