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Disrupted refining boosts Russian oil exports in March
Russian oil companies significantly increased offshore oil exports to 3.8mn barrels per day in March 2024 amid refinery utilisation problems, up by 5% year on year and making the highest oil exports since May 2023.
Polish energy stocks fall after government hints at dropping plan to carve out coal assets
Industry minister says new plan is to link coal-fired power plants with specific mines instead.
GLNG: PetroChina to expand LNG fleet fourfold
Chinese investment in electrochemical energy storage facility breaks ground in Uzbekistan
Less than 60 companies linked to 80% of GHG emissions since 2016
Just 57 fossil fuel and cement producers were responsible for 80% of global fossil CO2 emissions since the Paris Agreement, says a new report.
US Treasury Secretary won’t rule out tariffs on China’s green exports, EU launches probe
US Treasury Secretary Janet Yellen, while visiting China, said she will not rule out more tariffs on China’s green exports such as solar products and electric vehicles.
Levels of the three most dangerous human-caused GHGs at record highs
Concentrations of CO2, methane and nitrous oxide climbed to record levels in the global atmosphere in 2023, contributing ever more to the climate crisis. This is according to scientists from the US National Oceanic and Atmospheric Administration.
Europe exits the winter heating season with record gas stocks
The EU has exited the heating season with a record volume of gas in storage, following another mild winter and as a result of reduced industrial demand and a concerted effort by policymakers to boost stockpiles.
Grid bottlenecks on the way in Europe?
A new analysis by the energy think-tank Ember has found that several countries in Europe could soon face bottlenecks in their national transmission energy grids, as more solar and wind power will be generated than these networks have capacity for.
Azerbaijan doubles down by expanding gas exports to Europe
Azerbaijan is exporting more gas to Europe and Europe is keen to buy it. And as its own production of oil falls slowly it is repositioning itself as a major transit route for Kazakh oil, to allow it to reach the international markets.
Russia asks Kazakhstan for emergency fuel supply
Russia has requested that Kazakhstan be ready to provide it with 100,000 tonnes of gasoline in the event of shortages.
REM: China’s planned Mingyang wind turbine manufacturing in Scotland named a “priority”
Russian federal budget deficit falls to $6.7bn in 1Q24 on the back of higher oil prices
In 1Q24 the federal budget deficit shrank to RUB607bn ($6.7bn), according to a preliminary estimate of the Ministry of Finance, after oil and gas revenues soared by 80% y/y.
South Africa issues RFP for 616-MW of BESS capacity
Summer starts as EU gas tanks start to fill again
Winter is over, as the EU gas tanks switch from withdrawals to filling mode again in preparation for next winter. Injection into the gas tanks started on April 1, a week earlier than in 2023 and started at an all-time high record level of 59.3% full.
Disaster season: heat waves sweep the world – in charts and maps
In the last week temperatures have soared, breaking monthly records in nearly half the countries on the planet. In much of Europe temperatures have reached those of mid-summer in the first week of April.
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