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HomeInternational News

International News

China
Coal

China has more than 1 billion tons/year of new coal mines in pipeline, report says

September 10, 2024 Mariel Alumit

BEIJING, Sept 10 (Reuters) – China accounts for more than half of the world’s pipeline of new coal mines, risking a significant increase in methane emissions, a new study published on Tuesday showed. China is […]

Germany
Climate Crisis

In Germany, The Green Energy Transition Is Only Getting Worse

September 10, 2024 Andy Del Prado

Germany is running faster and faster to stay in place. In the meantime, it is destroying its economy. ​Plenty of virtuous places (New York, California, UK, Australia) want to compete for the mantle of “climate […]

Huaying LNG
Imports

China’s Huaying LNG import terminal launched

September 10, 2024 Mariel Alumit

The 2017-built 174,100-cbm, Cesi Beihai, has delivered the first commercial LNG shipment to the facility from Australia on September 8. Cesi Beihai’s AIS data provided by VesselsValue shows that the LNG carrier brought the shipment […]

gas imports
Imports

China ups gas imports in August

September 10, 2024 Mariel Alumit

Natural gas imports during the last month reached about 11.76 million tonnes, rising 8.3 percent compared to 10.85 million tonnes in August 2023, the data from the General Administration of Customs shows. China paid about $5.81 […]

ESG
ESG

An ESG Backlash Erupts in Europe on World’s Strictest Rules

September 9, 2024 Mariel Alumit

(Bloomberg) — For TotalEnergies SE Chief Executive Officer Patrick Pouyanne, the difference in the performance of his company’s stock and that of Exxon Mobil Corp., the largest US producer of oil and gas, is in […]

Climate Crisis

Climate Policies and their impact on energy

September 9, 2024 Mariel Alumit

Climate Policies and their impact on energy Global government energy policies are impacting the environment and economies, and not in a good way. The Energy Realism team covers global energy policies around the world and […]

OPEC+
Crude Oil News

OPEC+ to Begin Oil Production Increase in 2025

September 9, 2024 Mariel Alumit

According to the vice president of research at S&P Global, OPEC+ has decided to extend production cuts until the end of 2024. The alliance then plans to start adding supply to the market in 2025. […]

Oil
Crude Oil News

Oil Trading Giant Trafigura Sees Brent Falling Below $70 Soon

September 9, 2024 Mariel Alumit

Trafigura expects Brent oil prices to fall into the $60 per barrel range in the near future, although warns traders to be cautious. Weak Chinese oil demand and rising non-OPEC supply are contributing to the […]

Libyan Oil
Crude Oil News

Libyan Oil Shutdown Pushes Up U.S. Grades

September 9, 2024 Mariel Alumit

The Libya supply outage is propping up several light crude oil grades. U.S. WTI Midland crude could replace lost volumes of Libyan crude in the short term: Reuters. U.S. crude is set to compete with […]

Saudi Arabia
Big Oil Companies

Can Saudi Arabia Actually Afford Vision 2030?

September 9, 2024 Mariel Alumit

Saudi Arabia’s breakeven oil price has risen due to increased spending on Vision 2030 and production cuts aimed at supporting oil prices. The IMF warns that Saudi Arabia needs an oil price of $96.20 per […]

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