Some policies to boost coal production have been counterproductive – report

Some policies formulated with the intent of improving coal availability in the country, have been counter productive, a report by the International Institute for Sustainable Development said. “Across all major drivers that affect coal, there is also an important role being played by policy, where generous lending practices and interventions that reduce the cost of […]

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Southeast Asia’s energy demands will require $2.7 trillion investment: IEA

As Southeast Asia continues to urbanize at a breakneck speed, the developing region is projected to see a massive growth in energy demand over the next 20 years. Expected to increase by a whopping two thirds by the year 2040, Southeast Asia’s energy demand will require enormous investment and infrastructure in the energy generation and transmission […]

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Digitalisation to transform global energy system with implications for all energy actors – IEA

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Digital technologies are set to transform the global energy system in coming decades, making it more connected, reliable and sustainable. This will have a profound and lasting impact on both energy demand and supply, according to a new report by the International Energy Agency (IEA) In this first comprehensive report on the interplay between digitalisation […]

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Oman decides to invest $120 million in Spanish uranium mine deal with Berkeley Energia

Gulf states seem to be shaking off their dependence on oil. The sovereign wealth fund of the Sultanate of Oman, has an option to acquire 37 per cent of Berkeley Energia, a London and Australia-listed company which is developing the Salamanca mine west of Madrid. Oman has agreed to invest up to $120 million in […]

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Chinese environmental crackdown likely to prop up metals and minerals prices

Triggered by a wave of environmental checks at mining and processing facilities all across China, have been boosting metals prices all across the world. Beijing is believed to have emergency meetings throughout this to discuss surging process of commodities, especially metals and minerals. The demand for imports in China have been going up suddenly. Zinc […]

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