China’s coal demand will start to fall in 2025 once consumption at utilities and other industrial sectors reaches its peak, a state-owned think tank said in a new report, easing pressure on Beijing to impose tougher curbs on fossil fuels. The world’s biggest coal consumer is expected to see total consumption fall 18% from 2018 […]
India’s liquefied natural gas (LNG) imports rose 4.6 per cent year-on-year and 15.6 per cent month-on-month to 91 million metric standard cubic meter per day (mmscmd) in June, according to data from the Petroleum Planning & Analysis Cell and Ministry of Petroleum and Natural Gas. Lower domestic natural gas production in June coupled with higher […]
Eight core sector industries recorded a slightly higher growth in June compared to the same month last year, according to a statement issued by the commerce and industry ministry. The core sectors include coal, fertilizers, electricity, steel, cement, petroleum refinery, natural gas and crude oil. As per the press release, the key industries registered 0.2 […]
Israel and Egypt, which mark 40 years since signing a peace treaty in 1979 this year, are competing to become Eastern Mediterranean’s next energy hub. The two countries have made meaningful advances in their natural gas industries in recent years. The deal under which Israel will export natural gas to Egypt has been described by Israeli […]
Coal imports by Indian coal utilities during the first half of 2019 rose 53.4 per cent from a year earlier to 35.47 million tonnes, data provided by India’s Central Electricity Authority (CEA) showed. Demand for seaborne coal imports in India has risen because of a fast rising population and the unavailability of alternative fuels such […]
India’s crude oil production in June fell 6.8 per cent from a year earlier to about 2.69 million tonnes, the lowest since February, provisional data issued by the government showed on Monday. Natural gas output was 1.6 per cent lower at 2.64 billion cubic metres during the same period, the data showed. Indian refiners processed […]
As the international natural gas trade continues to develop, Asian economies will drive global demand growth over the next five years, according to a new report from the International Energy Agency (IEA). Global natural gas demand is coming off a record year after growing 4.6% in 2018, the fastest annual pace of growth since 2010, […]
India and the United States have discussed ways to enhance energy security and also work together to further develop gas-based economy in India, an Indian government statement said. It said India’s Petroleum & Natural Gas and Steel Minister Dharmendra Pradhan had a telephonic conversation with the U.S. counterpart Rick Perry during which the two also […]
Global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade, the International Energy Agency (IEA) said. Demand for natural gas grew 4.6% in 2018, its fastest annual pace since 2010, according […]
According to a report by the International Renewable Energy Agency (IRENA) cited by Reuters, beginning 2020, electricity generated by solar PV and onshore wind is set to become consistently cheaper than the most cost-effective fossil fuel alternative, without subsidies. In essence, more than 80 percent of solar PV and 75 percent of onshore wind power deployments […]
