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IEA Member Countries Agree to New Emergency Oil Stock Release in Response to Market Turmoil
The International Energy Agency’s 31 Member Countries agreed on Friday to a new release of oil from emergency reserves in response to the market turmoil caused by conflict between Russia and Ukraine,...
SEEGAS Addresses Vulnerabilities to Gas Disruptions in South-East Europe
Gas stakeholders underlined that coordinated actions and measures were the best response to ensure the stability of the regional gas system following the Russian invasion of Ukraine.
The meeting under the South-East European...
Oil Market Report Highlights – March 2022
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary...
The Joint Technical Committee Meets to Review Oil Market Conditions
The Joint Technical Committee (JTC) of the Declaration of Cooperation (DoC) held its 60th Meeting today via videoconference to examine the latest developments in the global oil market.
The OPEC Secretary General, HE...
Coal power’s sharp rebound is taking it to a new record in 2021, threatening net zero goals
The amount of electricity generated worldwide from coal is surging towards a new annual record in 2021, undermining efforts to reduce greenhouse gas emissions and potentially putting global coal demand on course...
Coal is being consigned to history today at COP26, as countries, banks and organisations move away from the single biggest contributor to climate change.
A just transition to clean energy and the rapid...
In 2020, U.S. Coal Production Fell To Its Lowest Level Since 1965
U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24 percent decrease from the 706 MMst mined in 2019 and the lowest level of coal production in the United...
Joint Event Highlights Latest Actions to Tackle Methane Emissions in the Gas Sector
The Energy Community Secretariat, Gas Infrastructure Europe (GIE) and the Technical Association of the European Natural Gas Industry (MARCOGAZ) hosted a joint event on methane emissions in the gas sector. The event...
Oil & Gas Execs Are Struggling To Attract Investors And Blaming Clean Energy
The Federal Reserve Bank of Dallas has released its Q2 2021 Energy Survey, and one thing is clear: oil and gas companies are struggling to find investors.
The new report included special questions about...
A year after the Norilsk disaster, where are Russia’s oil risks and what needs to be done?
Almost everyone in Russia has heard about the Norilsk accident. In May 2020, more than 20 thousand tonnes of diesel fuel seeped into the soil and water on the Taymyr peninsula in...
Dozens of US cities are banning natural gas hookups in new buildings
A fight over legislation banning gas hookups in new buildings is exploding across the country, a Seattle Times and InsideClimate News joint investigation found.
In the summer of 2019., Berkley, California, became the first city in the...
Airbus Plans to Launch a Carbon-Free Aircraft by 2035
Airbus has unveiled three visual concepts for “zero emission” airplanes to be powered by hydrogen.
It is the planemaker’s latest effort to draw public attention to its “zero-emission” ambitions as European governments push...
A Rebound in Global Coal Demand in 2021 is Set to be Short-Lived, but no Immediate Decline in Sight
After a major drop in recent years, global coal demand is forecast to rise by 2.6 percent in 2021 before flattening out to 2025.
A global economic recovery in 2021 is expected to...
Release of Naftogaz’s Gas Key for Continuation of Gas Market Reforms in Ukraine
Ukraine has achieved significant milestones towards gas market liberalization and the development of a stable gas hub in the last years. However, certain elements remain that hinder full market liberalization and competition...
Energy Community Prepares to Tackle Gas Sector Methane Emissions
European Commission published the EU Methane Strategy to establish a harmonised framework to reduce methane emissions in the gas upstream, midstream, downstream as well as the coal sector and abandoned sites.
The strategy...
The Energy Community Secretariat is delighted to announce the launch of a new platform to support coal regions in transition in the Western Balkans and Ukraine.
The Platform Initiative will support coal regions...
