Dropping Chinese demand for imported thermal coal will likely have the biggest impact on US producers who sell into markets across the Atlantic, global research firm Wood Mackenzie said Wednesday, December 17. That is because the ...
Tags: Thermal Coal, Mining
Truckers are making more frequent trips to U.S. coal-burning power plants because of a U.S.-wide rail bottleneck situation which has forced some of the plants to turn to trucks and barges for coal transportation. “We have been ...
Tags: Truckers, Coal-Transport Business
The conflict between Ukraine and Russia could cause the global LNG market to tighten further if the crisis were to escalate and affect gas flows into Europe, but high gas storage inventories in the region should create a buffer in the ...
Tags: Natural Gas, Mineral
China predicted to use 45 billion cubic meters of gas by 2030 As China strives to convert to cleaner energy, its liquefied natural gas production capacity will soar in 2014, with higher profits supporting more projects. Fifty-five ...
Tags: LNG Growth, Mineral
China is expected to overtake the United States to become the world's largest oil importer in the 2020s as emerging economies, instead of developed ones, will claim most of the world's energy supplies, a report says. China will be the ...
Tags: Oil Importer, Oil, Metallurgy, Mineral, Energy
Governments have been tried to lower carbon emissions, but China and India overuse coal. As a result, coal consumption will surpass petroleum in 2020 and coal will become the key fuel, said Wood Mackenzie. In the World Energy Congress, ...
Tags: coal consumption, petroleum
China is on track to exceed the rest of the world in demand for base metals by 2017, becoming the single largest consumer, research consultancy Wood Mackenzie said Friday. In its latest base metals demand forecasts, Wood Mackenzie expects ...
Tags: Metallurgy, Mineral, Energy, aluminium, copper, lead, nickel, zinc
Refining capacity expansions in China have been largely on track this year although the country's relatively weaker growth in oil demand could delay some projects and result in lower utilization rates, analysts said this week. Up to 1.3 ...
Tags: oil, Metallurgy, Mineral
China is expected to surpass the US as the world's largest oil importer by 2017, and the opposing trend of growing crude oil imports by China and falling imports by the US will affect inter-regional trade flows and the cost to both ...
Tags: oil, Metallurgy, Mineral, Energy
Global oil prices are unlikely to drop below $100/b until 2025, supported by OPEC's market management efforts and crude demand growth in Asia, Leonid Fedun, vice president of Lukoil said Tuesday, presenting key findings of the company's ...
Tags: Oil Prices, OPEC's market
According to a report from Energy Research Associates Wood Mackenzie, China's coal consumption is expected to double in 2030, reaching 7 billion tons per year, though China has taken measures to control coal consumption. The report says ...
Tags: Coal Consumption, Energy
A combination of new supply sources and rising costs at home could mean Australia's burgeoning LNG sector losing ground to new players, several speakers at an oil industry conference in Brisbane warned this week. On Sunday the chief ...
Tags: Australian LNG, New Supply
Wood Mackenzie expects resource sector investment in Australia to peak in 2013 at A$85 billion ($82.6 billion), dominated by spending in gas, followed by iron ore and coal, and to remain at high levels for the next three years, according to ...
Southeast Asia's LNG demand would represent a third of Asian LNG demand growth by 2025, while India's would represent one-seventh, Nicholas Browne, Senior Gas Market Analyst at Wood Mackenzie said Wednesday. Total Southeast Asian LNG ...
Tags: Southeast Asian, Wood Mackenzie, Chemicals
According to Andrew Mitchell, an analyst at researcher Wood Mackenzie Ltd, nickel market may be in balance next year as demand strengthens amid potential delays in adding supply. Following are comments made by Mr Mitchell on November 20. ...
Tags: nickel market, nickel, KONIAMBO