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Oil & Gas Trade
China's Comprehensive LNG Import Price Down
China's comprehensive import price index for liquefied natural gas (LNG) fell last week, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX).
Oil & Gas Trade
Refined Oil Product Freight Rates Nearly Double in a Week
Refined oil tanker rates surged this week to their highest level in 11 years.
Market Analysis
Uncapping Germany’s 1 TW of PV potential
EuPD Research has conducted a survey showing that potential investors see Germany’s 52 GW cap for solar incentives in the residential segment as the main barri…
Market Analysis
EU needs clear European Green and Solidarity Pact by September
Stark predictions around the unprecedented economic challenges facing Europe (and the world) are starting to take shape.
Hydrogen Fuel Cell Vehicle
Volvo and Daimler Launch €1.2bn Fuel Cell Truck Joint Venture
Two of the largest automakers in Europe are teaming up to produce more hydrogen powered vehicles.
Crude Oil
Russia Cuts European Sea Ports Oil Exports To 20-Year-Low
Exports of Russia’s key export blend Urals are expected to slump to the lowest level since at least the early 2000s, according to data from Refinitiv Eikon.
Crude Oil
Azerbaijan Imposes Oil Cuts on BP-Led Fields
Azerbaijan's BP-led Azeri-Chirag-Guneshli project will have to cut output sharply from May for the first time ever as the country moves to meet its commitment u…
Thermal Coal
Sweden Exits Coal Two Years Early
The Nordic nation is now the third European country to have waved goodbye to coal for power generation. Another 11 European states have made plans to follow sui…
Crude Oil
In Rare Development, Oil Majors Are Forced To Cut Output Under OPEC Deal
A British Petroleum-led project in Azerbaijan will have to cut production in May for the first time as Azerbaijan will need to take drastic measures to meet its…
Thermal Coal
EU Coal Demand to Fall as Imports Reach 30-Year Low
In February, the eu's net imports of thermal coal fell to a 30-year low.
Oil & Gas Trade
Nigeria's Oil, Gas Exports Hit $5.1bn in One Year - NNPC
The Nigerian National Petroleum Corporation (NNPC) has said that the country exported oil and gas worth about $5.18 billion in the last one year, spanning betwe…
Market Analysis
General Motors Aims for Carbon Neutral Facilities with Renewable Energy
The automaker wants several Michigan locations to run entirely on renewables by 2023.
CNPC
CNPC Starts Building a 5.6 bcm Gas Storage Project in Xinjiang (China)
China National Petroleum Corporation (CNPC) has started to build the Wenjisang gas storage cluster project in Tuha Oilfield in the Xinjiang Uygur Autonomous Reg…
Austria Becomes Second EU Country to Go Coal-Free – Sweden on Its heels
Austria and Sweden both closed their last operating coal-fired power plants.
Wärtsilä Gains $1M in Funding for Finnish Hydrogen Research
Finnish technology group Wärtsilä has secured one million Euros in funding from Business Finland for a hydrogen research project.
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