OPEC+, which groups OPEC and allies led by Russia, agreed last month to another modest monthly oil output boost of 432,000 bpd for May, resisting pressure by major consumers to pump more.

Crude exports rose to 7.307 million b/d in February, the highest since the record 10.237 million b/d, from 6.996 million b/d in January, the JODI data published April 18 showed. Production climbed to 10.225 million b/d from 10.145 million b/d.

Sources said that India bought 5,500 kcal/kg NAR coal from Russia at $160-$165/mt CFR India for an April-loading Capesize ship in the week ended April 16, adding that the freight between Russia and West coast India was at around $35-$36/mt.

To meet the strong domestic demand, South Korea's LNG imports led by Kogas jumped 18% year on year to 4.992 million mt in March despite higher imports prices, as part of efforts to build up stockpiles amid rising import prices due to the ongoing Ukraine-Russia crisis.

US greenhouse gas (GHG) emissions (including LULUCF) declined by 11% in 2020 to 5,222 MtCO2eq, i.e., 21% below 2005 levels, according to the United States Environmental Protection Agency.

Japan’s greenhouse gas (GHG) emissions decreased by 5.1% in the financial year 2020-2021 (April 2020-March 2021) to 1,150 MtCO2eq, their lowest level since 1990-1991, according to final figures from the Japanese Ministry of the Environment.

By 2050, we’re expected to reach about 88 million tons of solar panel waste.

Agri-PV (or agrivoltaics) has emerged as a major trend in the solar industry and is poised to redefine the way solar PV projects are procured, designed, and built in many countries around the world.

A requirement to function through a 10-day period of low/no wind and solar and to recharge storage over the succeeding 10-day period, with a 20% capacity reserve margin, would require renewable generating capacity approximately 2.4 times peak demand on the grid.

Brent were up 27 cents, or 0.2%, at $111.97 a barrel, WTI rose 20 cents, or 0.2%, to $107.15 a barrel.