Eastern Operating Domain is a key project in developing railway infrastructure, and that it is necessary to use every opportunity to expand transport and traffic capacity in the Far East.

spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024.

Russia’s natural gas production fell by more than 13% in 2022, according to preliminary data published by the Russian state statistics service Rosstat.

National Energy Plan of Türkiye has been announced and published last week by the Ministy of Energy and Natural Resources. The plan which is prepared based on 2053 Net Zero Emission target covers the period of 2020-2035.

China’s power consumption will increase by around 6% in 2023 (after an estimated 3.6% increase in 2022) and that the country will instal around 250 GW of new capacity during the year.

China's natural gas imports also fell, by 9.9% to 109.25 Mt in 2022 (121.26 Mt in 2021). LNG imports dropped by 19% to 64.13 Mt in 2022 (79.3 Mt in 2021). Similarly, China’s coal imports fell 9.2% to 293.2 Mt in 2022 (335 Mt in 2021).

It is no secret that the coal industry has a powerful presence in South Africa. The state-owned utility Eskom is the largest contributor to our country's greenhouse gas emissions.

The Brent crude oil price will average $83 per barrel (b) in 2023, down 18% from 2022, and continue to fall to $78/b in 2024 as global oil inventories build, putting downward pressure on crude oil prices.

How will the 55 GW of generation from coal, gas, and nuclear be replaced during weeks of wind-still winter in mid-century Germany?

The thermal coal volume traded between Mozambique and India for November and December has been comparable with volumes sourced from South Africa.

The deal is also intended to support Vietnam’s new target of accelerating the peaking of greenhouse gas (GHG) emissions to 2030 (from 2035 previously) and reducing its peak annual power sector emissions by up to 30%, to 170 MtCO2eq from 240 MtCO2eq.

In Germany, coal mines have been reopened, and nuclear power stations scheduled to be decommissioned been given an extended lease of life. Nearly all EU countries, very dependent on Russian oil and gas, have been scrabbling like crazy to find alternative sources, all at rising prices and growing difficulties in finding supplies.

Russia is traditionally among the world’s top three coal exporters, though the industry accounts for just a sliver of the Russian economy.

Falling global inventories of oil in early 2023 will push Brent prices back above $90/b by the beginning of the second quarter of 2023 (2Q23). The Brent crude oil spot price will average $92/b for all of 2023.

The sweeping push to replace fossil fuel plants with clean energy is forcing US power grids to the brink of a twin crisis, making electricity unaffordable while raising the specter of more frequent blackouts, a member of the Federal Energy Regulatory Commission said.