Tuesday, May 12, 2026
Can the world really move on from coal?- oil and gas 360- oil and gas 360

Can the world really move on from coal?

(By Oil & Gas 360) – Coal has been written off many times before. Each time, it stayed. Today, the conversation is returning with more urgency. Climate targets, investor pressure, and policy commitments continue pushing toward a future with less coal. But the real question is no longer whether coal use should decline. The question is whether the world is

Global coal demand surges as Middle East energy crisis deepens- oil and gas 360

Global coal demand surges as Middle East energy crisis deepens

(Oil Price) – Global coal shipments and imports surged in March and April as buyers scrambled for fuel amid massively disrupted oil and gas supply from the Middle East. The trend has been accelerating in recent weeks, and global coal imports are on track to reach their third-highest monthly level on record, according to estimates by analytics platform Kpler cited by

Commodities buffeted by Trump whirlwind seek relief in 2026: Russell- oil and ags 360

Commodities buffeted by Trump whirlwind seek relief in 2026: Russell

(BOE Report)– Commodities were pelted in 2025 by the whirlwind of tariffs and policies imposed by U.S. President Donald Trump, and while the storm may recede in 2026, the ripples will last some time. Trump’s efforts to remake global trade and his shifting geopolitical moves have boosted volatility in commodity markets, with prices being driven by daily headlines rather than

Global coal demand hit record high this year but is set to decline by 2030, IEA says- oil and gas 360

Global coal demand hit record high this year but is set to decline by 2030, IEA says

(Investing)– Global coal demand reached a record high in 2025 but is expected to decline by 2030 as renewables, nuclear power and abundant natural gas squeeze its dominance in power generation, the International Energy Agency said on Wednesday. Weaning the world off coal is considered vital to achieving global climate targets, but the fossil fuel remains the single biggest fuel

Soaring U.S. natural gas prices could boost coal power generation- oil and gas 360

Soaring U.S. natural gas prices could boost coal power generation

(Oil Price) – U.S. coal-fired power generation is set to rebound in the winter months as surging natural gas prices prompt utilities to switch from gas to using more coal. U.S. benchmark natural gas prices at Henry Hub have jumped from $4.23 per million British thermal units (MMBtu) at the start of November to nearly $5 per MMBtu by early December. Early on

Republicans declare ‘Coal Week’ as fossil-fuel agenda goes into overdrive- oil and gas 360

Republicans declare ‘Coal Week’ as fossil-fuel agenda goes into overdrive

(Oil Price) – Republican lawmakers on Monday moved to declare Coal Week, amplifying the Trump administration’s push to expand U.S. coal output and keep aging plants online, the Washington Times reported. The resolution coincides with new executive actions to “reinvigorate” coal, including directives signed in April to boost production and preserve baseload capacity, as outlined in a White House executive order. The message to

Exxon says net zero goals have slipped as coal use rises- oil and gas 360

Exxon says net zero goals have slipped as coal use rises

(World Oil)– ExxonMobil said net zero goals for the global energy sector are likely to drift further beyond 2050 due to consumers pushing back against high costs and a revival in demand for coal, the most polluting fossil fuel. Global emissions will fall by a quarter by 2050, far short of the more than two-thirds drop needed to meet Intergovernmental

US power use to reach record highs in 2025 and 2026, EIA says- oil and gas 360

US power use to reach record highs in 2025 and 2026, EIA says

(Investing) – U.S. power consumption will hit record highs in 2025 and 2026, the Energy Information Administration said in its short-term energy outlook (STEO) on Tuesday. The EIA projected power demand will rise to 4,186 billion kilowatt-hours (kWh) in 2025 and 4,284 billion kWh in 2026, up from a record 4,097 billion kWh in 2024. Those demand increases come in part

How has the U.S. energy use changed since 1776?- oil and gas 360

How has the U.S. energy use changed since 1776?

(EIA) – In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to our Monthly Energy Review. Fossil fuels—petroleum, natural gas, and coal—accounted for 82% of total U.S. energy consumption in 2024. Nonfossil fuel energy—from renewables and nuclear energy—accounted for the other 18%. Petroleum remained the most-consumed fuel in the

New budget proposal cuts clean energy funding, expands fossil fuel research- oil and gas 360

New budget proposal cuts clean energy funding, expands fossil fuel research

(Oil Price) – President Trump’s newly released 2026 budget proposal aims to slash over $15 billion in federal support for carbon capture and renewable energy programs, signaling a sharp pivot toward fossil fuels and nuclear energy—and away from climate-focused policy. The White House plan, which proposes $163 billion in total cuts to non-defense spending, also scraps $6 billion in funding for

US power firms lift coal pollution to protect profits so far in 2025: Maguire- oil and gas 360

US power firms lift coal pollution to protect profits so far in 2025: Maguire

(BOE Report) – U.S. power producers emitted over 304 million metric tons of carbon dioxide (CO2) from power generation over the first two months of 2025, which was the highest for that period since 2019, according to data from energy think tank Ember. The emissions tally marked a 9% rise from the same period last year and was the first

COAL’S FUTURE IS BRIGHT-Westmoreland Mining CEO- oil and gas 360

COAL’S FUTURE IS BRIGHT-Westmoreland Mining CEO

(Oil & Gas 360) – According to Martin Purvis, CEO of Westmoreland Mining, rumors of coal’s death are vastly premature. Purvis delivered his worldview on the mineral’s future at the Colorado Mining Association’s 127th National Western Mining Conference in Denver; the conference concludes on February 26. A central premise of Purvis’ remarks was that global competition in the 21st century