Since Russia’s full-scale invasion of Ukraine in February 2022, both Russia’s natural gas and coal exports have declined when compared with 2021. Russian exports to Europe have decreased most notably due to a mix of European sanctions and other policies aimed at...
Russia’s coal industry is in deep trouble. Weak demand, even from major buyers like China, has led to a glut at export ports, driving down prices even further. Major producers are being forced to cut output and shut down mines despite billions of rubles in state...
Mechel Mining, the mining division of steel and coal group Mechel , as well as Vorkutaugol and SDS-Ugol are on the list of companies that will get individual support measures under a program to aid Russia’s coal industry, Energy Minister Sergei Tsivilev said at...
Russia’s coal production forecast for 2025 will likely be revised downwards, Deputy Prime Minister Alexander Novak told reporters. “Our coal production forecast for this year was 440 million tonnes, but I believe it will be adjusted downwards. The coal...
Natural gas producers, exporters and trading firms are banking on Asia – the world’s largest and fastest-growing power market – to drive gas demand growth over the coming decades. But while overall gas consumption in Asia will certainly expand from...
