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Uzbekistan, Turkmenistan Agree to Increase Trade Turnover to 1 bln USD
Uzbekistan and Turkmenistan have agreed to increase the trade turnover between the two neighboring countries to 1 billion U.S. dollars after the Uzbek-Turkmen i…
Oil & Gas Trade
China's Oil Consumption Seen Peaking Around 2026, Sinopec Exec Says
Natural gas will become China's top fossil fuel resource around 2050
Crude Oil
Brent Nears $74 Amid Slow Return of US Oil Output
Brent crude neared $74 per barrel on Monday as it gained 31 cents or 0.42 cents to trade at $73.82 per barrel at the market, while the US West Texas Intermediat…
Coal Mine
Australia Dismisses Climate Caution to Continue Coal Mining
As demand for coal supposedly rises, Australia is keen to continue mining the fossil fuel, ignoring warnings over the negative impact on climate change
Oil & Gas Trade
Sudan Expects to Reach Oil Products Deal with Saudi Aramco
A delegation of Saudi officials and businesses is in Sudan for two days of talks on potential investments in sectors including agriculture, energy, mining and t…
Energy Investment
UAE and South Korea in Talks to Deepen Trade Ties
The countries are resuming talks about a multilateral trade agreement to boost their economic relationship
Coal Trade
Tight Supply Limits US, Canada Coking Coal Exports
Supply constraints weighed on US and Canadian coking coal exports in July, trade data show, as producers were unable to take full advantage of strong Chinese de…
Electricity Trade
Click Energy Set to up Electricity Prices by 16%
Click Energy is increasing electricity prices by 16% from 1 October.
Nigeria
Nigeria Struggles to Find Buyers for October Oil Exports
Nigeria has sent a signal that the recovery in global oil demand still has some way to go, with volumes for next month’s loading struggling to find a home, eve…
Oil & Gas Trade
China’s Oil Imports Rebounded In August
China’s crude oil imports averaged 10.25 million bpd daily last month, more than 5 percent higher than in July, energy analytics provider OilX has reported.
Oil & Gas Trade
Syria Says It Welcomes Lebanon's Request to Import Energy
Syria said on Saturday that it welcomed Lebanon’s request to import Egyptian gas for energy generation via its territory after Lebanese ministers made the high…
LNG
China’s Zhenhua Oil Seeks Tie-up with Local Firm for First Gas Terminal
China’s Zhenhua Oil is in advanced discussions to join a provincial government-backed firm to build a natural gas receiving terminal in east China, the first i…
LNG
Petronet Looks to Make Foray into Petrochemical Business, Plans LNG Terminal in Odisha
Petronet, which owns and operates to terminals at Dahej and Kochi in Kerala for import of super-cooled gas in ships, is also looking at setting up a floating te…
Oil & Gas Trade
India’s ONGC May Buy Stake In Rosneft’s Massive Arctic Oil Project
A consortium of Indian energy companies—including state major ONGC—is in early talks with Rosneft for the acquisition of a stake in the Russian state company…
Oil & Gas Trade
Abu Dhabi’s Taqa Looks to Sell UK, Dutch Oil and Gas Assets
Abu Dhabi National Energy Co. has begun a process to sell its oil and gas assets in the Netherlands and the UK, according to documents seen by Bloomberg.
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