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Oil & Gas Trade
Iraq to Sell Lebanon 1 mil mt/year of Heavy Fuel Oil in Barter Deal
Iraq has agreed to sell Lebanon 1 million mt/year of heavy fuel oil in return for "goods and services" in a barter deal that should help OPEC's second-biggest p…
Energy Investment
Honduras Spends 52% more on Oil Imports in First 5 Months 2021
he increase in the oil bill in the first five months of 2021 is due to the rise in the international price of oil, influenced by the reactivation of the economi…
Oil & Gas Trade
Italian LNG Imports Fall on Quick Algerian Piped Supply
Italy's LNG receipts have fallen sharply since the start of the 2020-21 gas year, displaced by brisk Algerian pipeline take.
Crude Oil
Russia Weighs Gasoline Export Ban
Russia is ready to introduce a ban on gasoline exports as soon as next week amid record-high wholesale prices on the exchange.
United States
Former AWEA Group to Merge with Energy Storage Association
The boards of directors of the American Clean Power Association and the U.S. Energy Storage Association have voted to pursue a merger of the two trade associati…
CCS
UK’s Carbon Capture Plan Carries A Hefty Price Tag
The cost of development of clean hydrogen and greenhouse gas removals could surpass £40bn by 2035, according to a new report by the UK’s carbon capture trade …
Crude Oil
China Taps Into Crude Reserves To Curb Oil Price Rally
The world’s top oil importer, China, has started to release more than 20 million barrels of crude oil from its strategic reserve in a move seen as seeking to c…
Solar Cell
‘Polysilicon Shortage will Continue Through 2021’
The latest global PV industry outlook published by trade group SolarPower Europe, has indicated tight supply of the solar panel raw material is expected to pers…
Coal Mine
Cokal Executes Funding Agreement for BBM Coking Coal Project
The binding capital participation agreement is for the provision of US$20 million in funding and has been entered into with International Commodity Trade Pte Lt…
Cooperation case
Kenyan, Chinese Trade Promotion Bodies Woo Kenyans to Invest in Shenzhen
Kenya Investment Authority and China Council for the Promotion of International Trade Shenzhen Municipal Committee partnered to showcase China's booming coastal…
Crude Oil
U.S. Crude Oil Exports Reached Record Levels in 2020, Remain High in 2021
Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020.
Electricity Trade
French Power Exports Set for Record July on Strong Nuclear, Weak Demand
French power exports are set for a record July with net flows averaging 9.6 GW so far, with nuclear reactor output up sharply year on year while domestic demand…
Carbon Neutral
Japan’s NET ZERO Virtual Summit Aims for Goal of Carbon Neutrality
JETRO and The Ministry of Economy, Trade and Industry are teaming up for a virtual summit aimed at showcasing Japan’s commitment to green investment and realiz…
Natural Gas
Pakistan, Russia Sign Gas Pipeline Agreement
The governments of Pakistan and Russia have signed a preliminary agreement for the construction of the 16.5bn m³/yr Pakistan Stream Gas pipeline, which could a…
Electricity Trade
Uganda: Govt Reduces Power Tariffs for Three Months
The Electricity Regulatory Authority has reduced power tariffs for July until September across different consumer categories.
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