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Tariff Hikes could be on the Cards for Major SA Cities
Tariff hikes are front and center in the proposed budgets for both the City of Cape Town and the City of Johannesburg for the 2021/2022 financial year.
Crude Oil
UAE Presents Phenomenal Plan To Boost Its Position As Oil Hub
The first of these developments - announced by UAE Vice President and Prime Minister, Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister o…
Oil & Gas Trade
Oman Oil Exports Stage Strong Rebound in March
Oman's oil exports rebounded from a 19-month low in February to average 776,000 b/d in March, according to energy ministry data.
Wind Power Project
Vietnam Plans to Double Wind Power Generation by 2030
A power development plan published by Vietnam’s Ministry of Industry and Trade foresees a doubling of wind energy production by 2030 and a tripling of renewabl…
LNG
Gastrade and North Macedonia Cooperate on Greek LNG Terminal
Greek company Gastrade has signed agreements for the cooperation with National Energy Resources Skopje and AD Power Plants of Northern Macedonia for the Alexand…
Electricity Transmission
Egypt, Sudan Stabilize Grid To Enable Power Export
Grid stability project to ensure energy security and lower emissions and also enable interconnection between the two countries
Electricity Transmission
Spain is Power Exporter to France for Third Quarter
Spain ended as a net power exporter to France for the third quarter in a row — something that had happened only once before in the past 20 years — in what may…
Power Construction
Brazilian Electricity Prices Under Pressure Due to Low Rainfall
Low annual rainfall in Brazil is restricting hydroelectric production, putting electricity prices under pressure and causing the need for more expensive thermoe…
Oil & Gas Trade
Russia’s Climate Change Doctrine in Focus at GECF Lecture
The Gas Exporting Countries Forum, the global platform of the leading gas producing nations, will be hosting the 51st edition of its GECF Gas Lecture Series on …
Oil & Gas Trade
Suez Canal Logjam Barely Impacts Russian Urals Exports, Says Energy Ministry
The Russian Energy Ministry said March 29 that the logjam in the Suez Canal has barely impacted exports of Russia's key crude grade Urals, which uses other deli…
Electricity Trade
Kyrgyzstan and Uzbekistan Reached a Power Swap Agreement
According to news from the Press Center of the Ministry of Economy and Finance of Kyrgyzstan, Kyrgyzstan and Uzbekistan recently reached an agreement on power s…
Thermal Coal
China’s Epic Sandstorm Lifts the Price of Coal that Caused it
Chinese thermal coal prices rose a fourth day for a 13% gain this month, and they remain stubbornly above the 600 yuan a ton mark that in the past has prompted …
Oil & Gas Trade
Sinopec Signs 10-Year Deal with Qatar Petroleum for 2 m tons of LNG
China Petrochemical Corp, or Sinopec Group, has signed a long-term purchase and sales agreement with Qatar Petroleum to buy 2 million tons of LNG from Qatar Pet…
Oil & Gas Trade
Fourteen U.S. States Sue Biden Administration over Oil and Gas Leasing Halt
In an attempt to challenge the pause on new oil and gas leasing on federal lands and waters, 14 U.S. states have filed lawsuits against President Joe Biden’s a…
Market Analysis
Russia Considers Qualifying Nuclear Energy as “Green” Source of Energy
On March 16, 2021, at the site of the Russian Ministry of Economic Development, representatives of VEB.RF, the Bank of Russia, the Ministry of Industry and Trad…
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