Prices in the national electricity market averaged $87 per megawatt-hour in the first three months of the year, above the level promised by the federal government. Wholesale electricity prices for industry and large businesses have already exceeded t…
The European Union is seeking to boost energy cooperation with African countries to help wean them off dependence on Russian gas imports.Bloomberg said, recently, according to a draft EU file, African countries, especially in western Africa Nigeria,…
As the world deals with potential supply shortages, oil prices are soaring again, with more dramatic spikes and sudden drops expected.For consumers, that means more expensive gas for longer - prices at the pump remain above $4 a gallon. For the econo…
In the absence of new countries that can replace the decrease in aluminum demand caused by China's slowdown, the alumina sector is expected to enjoy a period of high profitability. Only the complete utilization of the red mud (also known as "the wor…
The world's coal bosses and oil barons are among the biggest winners in 2022, as the fortunes of many tech giants have tumbled in the U.S. stock market. India's most powerful coal boss, Gautam Adani, has a net worth of $146.8 billion, pushing him pas…
The Nordic electricity market (Nord Pool) is reported as saying that electricity prices in Denmark are now three times higher than they were this time last year. Martin Hansen, deputy hea…