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EIA expects continued high prices for diesel and home heating oils

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EIA sees additional uncertainty in the global marketplace for distillates and other fuels as the European Union plans to ban imports of petroleum products from Russia in early 2023. We expect notable decreases in electricity generation from natural gas and coal next year. EIA forecasts Russia will produce 9.3

Oil 334
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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% Gas production globally grew by 3.1%; the US recorded 7.7% The EU’s decline in gas production was the highest on record (-11.4%).

Coal 261
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DOE to Award Up to $5M in Grants for RD on Hydrogen Production from Coal

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The US Department of Energy has issued up to a $5-million Funding Opportunity Announcement (DE-FOA-0000103) to solicit laboratory-level R&D projects to develop novel technologies for producing hydrogen from coal. Electricity and hydrogen together represent one of the most promising ways to achieve these objectives. —DE-FOA-0000103.

Coal 231
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Envidity launches $1B UCG-GTL project in Mongolia

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announced the commitment of funds to launch a US$1-billion underground coal gasification gas-to-liquids (UCG-GTL) project in Mongolia. The project will transform low-quality deeply-embedded, underground coal into synthetic diesel. km) over the largest Mongolian Shivee-Ovoo brown coal deposit. Google Maps. mi, 774 sq.

Mongolia 278
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Opinion: Ukraine’s Next Crisis? Economic [and energy] Disaster

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Ukraine’s next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, furthering weakening the energy sector by crippling coal-based electricity production. Key industry sources say they will potentially run out of coal in less than three weeks.

Ukraine 225
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EIA: India’s steel industry dominated by electric-based processes; intensive coal use for DRI

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India is the third-largest steel producer in the world after China and Japan, having surpassed other large steel-making countries such as the United States, Russia, and South Korea over the previous decade, according to the World Steel Association. coal-based rotary kiln furnaces (mainly in India), accounting for 17.5%

Coal 150
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

Gas 243