News from Lvov
23/05/2026
In January-September 2022, Kazakh seaborne coal exports surged to 6.6 mio t (+3.1 mio t, or +85.6% y-o-y). Total coal exports from Kazakhstan amounted to 24.7 mio t (+1.9 mio t or +8.1% y-o-y). The harsh international economic sanctions against Russia, as well as the embargo on Russian coal exports to European countries, starting from
READ MOREGovernments and international organizations have made ambitious pledges to reduce their emissions, a reduction that will require the phase-out of coal. Despite these pledges, countries including the UK and Australia have announced plans to build new coal mines in order to boost energy security. Despite big promises of a green transition and the creation of
READ MORECarmakers in the United States have been eager to help advance the EV agenda in the past half a decade or so. Ford, GM, and all the European and Japanese majors have poured billions into a whole new lineup of all-electric vehicles in anticipation of mass adoption. Now, they’re hitting the brakes. In July last
READ MOREIndia’s coal imports are starting to reflect shifting world trade and pricing dynamics in the wake of Russia’s invasion of neighbouring Ukraine. India, the world’s second-biggest coal importer behind China, has long been viewed as a price-sensitive buyer of the polluting fuel, and given the surge in prices after Russia’s Feb. 24 attack on Ukraine,
READ MORERail shipments of Russian coal to ports in January-February 2024 decreased to 30.5 mio t (-3.7 mio t or -10.8% y-o-y). Moreover, the main decline accounted for high-quality coal from Kuzbass and anthracite from Novosibirsk region. The negative dynamics was driven by a shortage of transportation capacity to northwestern and far eastern ports, as well
READ MORE1.55 million small investors in Hong Kong had pumped HK$1.3 trillion (US$167.7 billion) into the initial public offering in a bid to get a slice of the shares of Ant Group. The retail investors had oversubscribed 389 times for the IPO, according to people familiar with the matter. The development
READ MORERoman Bilousov from Enertus AG: When you hear the word “geothermal,” what comes to mind? Perhaps it’s Yellowstone’s boiling hot springs or Iceland’s never-ending volcanic eruption. In any case, it’s most likely a gigantic field of heat and steam that you’d want to view from a distance rather than in
READ MOREWhen looking at the commodities used to make steel, iron ore gathers the bulk of headlines given its strong link to the perceived health of China’s economy. But metallurgical coal is also a key input, and this fuel has quietly been a top performer in the energy commodity space in
READ MOREFormer President—and current Presidential candidate—Donald Trump—won’t be able to stand in the way of the Energy Transition, John Kerry said on Tuesday at the International Energy Agency ministerial meeting. The U.S. Special Presidential Envoy for Climate did warn, however, that President Trump could reverse the efforts made in anti-coal diplomacy. “Even when President Trump was
READ MOREA state environmental agency in Kazakhstan has fined an oil company in the west of the country $780,000 over a prolonged fire at one of its fields last year that caused one of the largest emissions of methane in history. The ecology department of the Mangystau regional government said on February 19 that methane concentrations
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