Fatih Birol, executive director of the International Energy Agency (IEA), said Wednesday that the European Union could face a shortage of about 27 billion cubic meters of gas in 2023, or about 6.8 percent of the bloc's benchmark total gas demand.…
The purchasing pace at the demand end of the international thermal coal market continues to slow down and the international thermal coal price continues to decline. Prices for thermal coal at major international ports continued to fall last week as b…
The biggest immediate challenge for the EU will be replenishing its depleted gas inventories. While the EU could still increase LNG imports from countries such as the US, such purchases would be more expensive.Refilling natural gas storage space to h…