Energy Industry

Energy Industry

In 2024, the global energy sector generated more electricity from renewable sources than from coal for the first time. This was made possible by a record-breaking increase in installed capacity
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Cao Renxian is one of China’s wealthiest individuals and the founder of Sungrow Power Supply, a company that manufactures batteries for renewable energy sources
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2026 Global Coal Industry Expo, World Coal Science and Technology Innovation Conference, Global Coal Import & Export Conference (“Global Coal Expo”) will be held from June 10 to 12, 2026, at the Shanghai New International Expo Centre
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The Russian coal industry is going through difficult times right now. More than half of the companies ended the past year with losses due to falling product prices
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Renewable energy sources (RES) are natural resources that are naturally regenerated and can be used for energy production. They include solar, wind and geothermal energy, hydropower, and bioenergy.
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The situation in the oil market may change dramatically in the near future. And all because Saudi Arabia is ready to abandon its unofficial target value of “black gold” in the amount of 100 dollars per barrel
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The signing of a memorandum on the organization of Russian gas supplies to Iran between Gazprom and the National Iranian Gas Company (NIGC) will turn the Islamic Republic into a regional gas hub and will become the foundation for concluding larger Russian-Iranian contracts.
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Australia is set to become a key player in the development and deployment of low carbon liquid fuels, including Renewable Diesel and Sustainable Aviation Fuel (SAF) with renewable fuels forming a key component of the 2024-25 Federal Budget and the highest funded transport decarbonisation priority in this year’s budget.
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Vladimir Putin and Egyptian President Abdel Fattah al-Sisi launched the construction of the fourth power unit of the country's first nuclear power plant via videoconference.
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Gas extraction from underground storage facilities (UGS) in Europe has reached a maximum since February 2021 and exceeds 900 million cubic meters per day against the background of significant fall in temperature. The total reserves in the EU UGS dropped below 83%
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