Global Industry: Renewables investment falls short of lofty ambitions
A yawning investment gap in clean energy means it is still just a marginal part of many portfolios.
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Global Industry: Gold demand growing across market segments
World Gold Council (WGC) member and market relations head John Mulligan says the third quarter was a strong one for the global gold industry.
Read MoreMarkets: Global LNG Demand to Outperform
Demand for LNG will post strong growth to 2027, outperforming the wider energy complex, according to oil and gas analysts at Fitch Solutions Macro Research.
Read MoreGlobal Markets: China’s Oil Imports Recover In July
China’s crude oil imports in July rose for the first time in three months, but were still at their third lowest monthly level so far this year, as independent refiners continue to suffer from the new tax regime eroding their refining margins.
Read MoreGlobal Markets: Automakers ‘waking up too late’ as China takes control of cobalt world’s supply
The auto industry is “waking up too late” to the fact that China will hold most of the world’s supply of battery raw material cobalt, Ivan Glasenberg, CEO of top producer of the metal Glencore, said on Tuesday according to a Reuters report.
Read MoreGlobal Industry: Oil Prices Rise After Strong Crude Inventory Draw
The Energy Information Administration reported yet another inventory draw for last week, making it the fifth one in a row with falling inventories. The authority said inventories had gone down by 6.5 million barrels, to 436.5 million barrels.
Read MoreGlobal Markets: Coal consumption fell 1.9% in 2016, demand to remain flat till 2022
Global demand for coal should remain nearly flat between 2017 and 2022, resulting in a decade of stagnation for coal consumption, according to the International Energy Agency’s annual coal market report.
Read MoreGlobal Markets: The 5 countries that could push oil prices up
Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market.
Read MoreGlobal Markets: China LNG imports hit record in December
China’s liquefied natural gas (LNG) imports hit a record high in December, customs data showed on Monday, driven up as the country pushes towards cleaner fuels. The world’s No.2 economy shipped in 3.73 million tonnes of LNG in December, topping the previous record of 2.66 million tonnes in November and up from 2.10 million tonnes a year ago, the General Administration of Customs said.
Read MoreGlobal Markets: “Inexorable decline” as Iron ore price hits new low
The iron ore price pulled back once again on Thursday as news out of top consumer China further clouded the outlook for a market already flooded with new supply. The 62% Fe benchmark import price including freight and insurance at the port of Tianjin tracked by The SteelIndex fell $0.30 or 0.5% to $61.10 a tonne on Thursday. So far in 2015 the price has fallen 16.5% following a year in which the commodity nearly…
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