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Oil Price
Oil Surges As Traders Await OPEC+ Decision on Easing Production Cuts
Its allies on further easing production curbs in response to growing demand as the global economy gathers momentum.
Coal Trade
Australia Sees Stronger Coking Coal Exports
Seaborne metallurgical coal supply chains have largely reorganised in response to Beijing's ban on Australian coal imports, paving the way for increasing Austra…
Oil Price
Russian Domestic Oil Prices Soar to All-Time High
Traders said oil for July delivery at the regional metering points jumped to between 36,700-37,100 roubles per tonne, up from 32,900-33,600 roubles a month earl…
Oil & Gas Trade
Gazprom Plans to Supply 8.5 billion cubic meters of Natural Gas to China This Year
Gazprom said that it plans to supply 8.5 billion cubic meters of natural gas to China this year and double its income from natural gas exports to China.
Market Analysis
Austrian Power Grid: The Electricity Market is Becoming more European
The bidding zones of Eastern Europe are linked to the Central European energy market by means of so-called "Market Coupling".
Coal Trade
India's NTPC Plans No Coal Imports Again in 2021-22
India's biggest state-controlled power utility NTPC is not planning to seek new coal imports during the April 2021 to March 2022 financial year, given ample dom…
Oil & Gas Trade
Petrobangla Signs MOU with Indian H-Energy to Import R-LNG
State-run Petrobangla has inked a memorandum of understanding with Indian H-Energy recently to import re-gasified LNG (R-LNG) through a cross-border pipeline.
Wind Power Project
Iberdrola has Signed a Cooperation Agreement with GS Energy to Develop Projects in Korea and Other Asian Regions
The companies signed a Memorandum of Understanding, in the framework of the Spain-Korea Business Summit, which was attended by the Korean Minister of Trade, Ind…
Crude Oil
GS Caltex to Import 2 Million Barrels of Carbon Neutral Oil
GS Caltex will introduce two million barrels of carbon-neutral crude oil certified as carbon-neutral crude oil from Lundin Energy, a Swedish energy company.
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…
Solar Power Panel
Trina Solar in SNEC 2021: High-Efficiency Modules and Trackers Unveil Unstoppable 210 Products Value
On June 3-5, the fifteenth SNEC Expo, world's most influential and international solar trade fair, was held in Shanghai, China.
Coal Mine
Vietnam’s May Coal Imports Decline
Vietnam's coal imports nearly halved in May from a year earlier, as a steady rise in hydropower and renewable energy output pressured coal burn.
Oil & Gas Trade
ExxonMobil Exit Delay Threatens Baghdad’s Oil Future
Disagreements prompting the delay to ExxonMobil's exit from Iraq's West Qurna 1 field could have longer-term ramifications for Iraq's upstream oil and gas secto…
Oil & Gas Trade
Oil to Trade Between $68 and $75 in Second half of 2021 Amid Rising Demand, Iraq Minister Says
Crude prices have increased due to supportive Opec+ policies and growing demand as economies reopen
Coal Production
Chile, NE Asia Bolster Drummond's Coal Exports
A spike in Chilean demand and firm loadings for northeast Asia supported Colombian coal producer Drummond's thermal coal exports in May, company figures show.
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