by Natalija Riabko | Apr 3, 2025 | Forecast, News, News of the day, Oil
In a notable policy shift, OPEC+ has opted to raise oil output by 411 thousand barrels per day (kb/d) in May, significantly exceeding the previously anticipated 135 kb/d adjustment. This decision effectively fast-tracks the implementation of July’s production quotas,...
by Natalija Riabko | Apr 2, 2025 | Coal Industry, Green Energy, News, News of the day
In 2019, the Finnish government enacted legislation to phase out coal usage by 2029. Since then, the country has witnessed a substantial expansion in renewable energy capacity, particularly in wind and solar power, significantly reducing nationwide coal dependence. To...
