September 6, 2022

Asia coal price hits record as global hunt for fuel escalates

Uncertainty over gas flows to Europe and forecast stronger coal demand from the continent is continuing to propel prices of the fuel.

September 5, 2022

Oil price jumps near $90 after OPEC+ surprises with token supply cut

West Texas Intermediate crude advanced as much as 4.1% to beyond $90 a barrel, before paring some gains.

September 5, 2022

Germany to keep nuclear plants in reserve to ease energy crisis

Nuclear power accounted for 6% of electricity generation in Germany in the first quarter, compared with more than 30% from coal.

September 4, 2022

Metal plants feeding Europe’s factories face an existential crisis

Aluminum production in Europe has dropped to the lowest levels since the 1970s.

September 4, 2022

Swiss steel mill readies for shorter hours as energy bills soar

Stahl Gerlafingen wants to put staff on shorter working hours to contend with soaring energy bills.

September 3, 2022

German Greens deny report on nuclear plant extensions

Germany’s Green Party denied a report that it will back a plan allowing some of the nation’s nuclear power plants to continue operating beyond a previously set phase-out date.

September 2, 2022

Norway’s last coal mine extends life to feed European industry

Mine 7 will continue production of bituminous coal, used primarily in the steel industry, until July 2025.

September 2, 2022

Andrew Forrest’s hydrogen unit to speed expansion plans

Analysts have raised questions about Fortescue’s spending on the green unit after the miner last month reported a 40% drop in full-year profit.

September 2, 2022

Cryptozoic mineral may help create next-gen fuel cells, super-capacitors, aircraft engines

Scientists have started using shungite, a Precambrian rock consisting of almost 100% carbon, to produce new composite materials.

August 30, 2022

Increasing demand for US coal pushes workforce numbers up in Q2’22 — report

S&P Global Market Intelligence reports employment is trending upward, with a 1.9% increase quarterly and 15.8% yearly.