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Coal Trade
South Korean Coal Imports Drop in May
Competitive gas prices and coal-fired plant restrictions trimmed South Korean thermal coal imports on the year in May, although receipts from Australia are at a…
Crude Oil
U.S. Proved Oil Reserves Remain Flat, Natural Gas Reserves Decline
Lower crude oil and natural gas prices reversed in 2019 a two-year trend of record high proved reserves in the United States as operators revised down their tot…
Natural Gas
US Gas-Fired Power Generation Set For First Drop Since 2017
Higher natural gas prices this year are expected to result in the first annual decline in U.S. gas-fired electricity generation since 2017.
Coal Trade
German Coal Moves Ahead of Gas for February
A spike in German NCG gas prices in recent sessions has depressed clean spark spreads for February, pushing more coal ahead of gas in the merit order.
Oil Price
2021 Oil Prices Seen Hovering Around $45 per Barrel in 2021
2021 oil prices seen hovering around $45 per barrel in 2021: Moody's Investors Service.
Oil & Gas Trade
Russia's Gazprom Proposes Gas Price Rise for Poland
Poland has sought to reduce reliance on Gazprom.
India
India Clears Plan for Domestic Gas Price Discovery
The Indian cabinet has approved a policy aimed at creating price discovery for domestic natural gas output, part of a series of reforms by Delhi to push the cou…
LNG
Low Gas Prices Could Derail Papua New Guinea’s LNG Ambitions
Papua New Guinea first started producing liquefied natural gas in April 2014 when the flagship $19bn PNG LNG project came on-line months ahead of schedule.
Gas power plant
Natural Gas Leads US Power Generation in H1
Cheaper U.S. natural gas prices helped the U.S. Lower 48 states to increase gas-fired power generation by 9% year-on-year in the first half of 2020.
Netherlands
Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend
Royal Dutch Shell swung to a heavy net first-half loss, but paid a dividend as the Covid-19 crisis hammered oil and gas prices.
Coal Trade
South Korean 2H Coal Demand Faces Headwinds
Power sector coal demand in South Korea faces the dual headwind of rising nuclear availability and increasingly competitive gas prices.
Oil Price
Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter
It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.
LNG
US to Become LNG Swing Producer as Capacity Utilisation Declines
Gas prices have been trading in the negative in recent months.
Oil & Gas Trade
U.S. Natgas Trading at Parity with Oil after Crude Price Collapse
The rapid collapse of U.S. oil futures this year caused crude’s premium over natural gas to drop to near parity on.
Solar Power Panel
Oil Companies Are Collapsing, but Wind and Solar Energy Keep Growing
The renewable-energy business is expected to keep growing, though more slowly, in contrast to fossil fuel companies, which have been hammered by low oil and gas…
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