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Oil & Gas Trade
China’s CNOOC Exits U.S. Offshore Oil and Gas
British energy firm Ineos has finalised its acquisition of the U.S. Gulf assets from China’s state-owned oil company, CNOOC. The deal, completed on April …
Metal
Gold Rises Above $3,100 for First Time as U.S. Levies Boost Havens
Gold opened the week at a fresh record high, with U.S. President Donald Trump signaling another round of tariffs, sparking concerns about a potential global tra…
Power Construction
JERA and EDF Trading Merge Japanese Power Trades Into JERA Global Markets
JERA and EDF Trading are expanding their joint venture, JERA Global Markets, to include Japanese power trading.The integrated Japanese power trading activities …
Oil & Gas Trade
PetroChina Reports Record 2024 Net Income on Higher Production
PetroChina (601857.SS), Asia's largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately higher production help…
Electricity Trade
RPower Inks First Long-Term PPA in Romania
RPower has signed its first long-term Power Purchase Agreement (PPA) in Romania for the supply of 357GWh of green energy.The Polish company said the 2026-2036 c…
Renewable Diesel
UK Initiates Anti-dumping, Countervailing Investigations Into US Renewable Diesel Imports
The U.K. Trade Remedies Authority on March 17 announced it has initiated an anti-dumping investigation and a countervailing investigation into imports of hydrot…
Oil & Gas Trade
Venezuela’s PDVSA to Keep Producing, Exporting Oil Previously Handled by Chevron, Document Says
Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest joint vent…
Electric Vehicles
Toronto Excludes Tesla From EV Incentive Due to US Trade War
Toronto is no longer providing financial incentives for Tesla (TSLA.O), opens new tab vehicles purchased as taxis or ride shares due to trade tensions with the …
Electricity Trade
As Ontario Hikes Cost of Electricity Exports, Lutnick Says More Tariffs Are Coming
Ontario placed a 25 per cent surcharge on electricity exports to the United States on Monday as Canada braced for steel and aluminum duties the Trump administra…
Offshore Wind Power
Ocean Winds Nets Key Permit for 1.1GW Hanbando
Ocean Winds has secured a key permit for its 1125MW Hanbando offshore wind project in South Korea.The Electricity Business Licence (EBL) licence was granted aft…
Electricity Trade
Powerchina Unit Sues Laos Utility for $555 Million
Nam Ou Power, a unit of state-owned Power Construction Corp of China, has sued Laos utility Electricite du Laos in Singapore for $555 million in unpaid dues fro…
Oil & Gas Trade
US Orders Wind down of Chevron’s Oil Exports From Venezuela
The Trump administration said on Tuesday it was ending a license that the U.S. had granted to oil producer Chevron (CVX.N),since 2022 to operate in Venezuela an…
Oil & Gas Trade
Finland to Release Oil Tanker Suspected of Power Cable Breach
Finland will release an oil tanker which investigators believe broke a Baltic Sea power cable and four internet lines late last year, and will escort the vessel…
Oil & Gas Trade
Congress Kills Biden Era Methane Fee on Oil, Gas Producers
On February 27, 2025, the U.S. Senate voted to approve a resolution reversing a Biden administration policy that introduced a fee on methane emissions. This dec…
Crude Oil
Oil Trade Group Pushes Us for National Ethanol Policy After EPA Okays Midwest Expansion
Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023.On Monday, the American Petroleum Institute (API), a trade gro…
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