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Power Construction
ERCOT Overcharged Power Companies $16 billion for Electricity During Winter Freeze, Firm Says
An independent market monitor for the Public Utility Commission of Texas wrote in a letter that the power grid operator kept market prices too high for nearly t…
Coal Trade
Australia Resumes Coal Shipments to China
Australian shipments of coal to China have resumed, after the port of Gladstone in Queensland sent a shipment bound for Hong Kong and with initial shipping data…
Crude Oil
Oil Prices Rally to Highest Since 2019 After Opec+ Extends Output Curbs
Brent may trade as high as $80 a barrel in the second half of 2021, analysts say
LNG
Australia’s January LPG Exports Rise by 45pc on Year
Australia's January LPG exports of more than 244,000t rose by 44.7pc from a year earlier but were around 14pc below December shipments, with the year-on-year ri…
Coal Trade
Indonesian Coal Exports Stutter in January
Indonesia exported another record-high volume of coal to China in January, but overall shipments stuttered amid weather-related disruptions and fewer loadings f…
Coal Trade
Port of Vancouver Coal exports fall to 11-Year Low in 2020
Coal exports out of the Port of Vancouver fell to an 11-year low 31.55 million mt in 2020, down 14.5% from 36.91 million in 2019 and the lowest since 30.33 mill…
Oil & Gas Trade
India Calls On OPEC+ To Ease Cuts And Stop Pushing Oil Higher
India is calling again on the OPEC+ coalition to boost production from April, because the world’s third-largest oil importer is not particularly happy with thi…
Crude Oil
OPEC+ Decision To Raise Output Could Keep U.S. Gasoline Under $3
Rallying oil prices in recent weeks have intensified speculation that this week the OPEC+ group will decide to put more oil on the market as of April to prevent…
Coal Trade
Seaborne Thermal Coal Imports Drop by 8pc in 2020
Global demand for seaborne coal fell by around 8pc last year, according to Argus analysis of customs and shipping data for 15 of the world's biggest importers a…
Oil & Gas Trade
Pakistan Hopes to Save $3 Billion in New Gas Deal with Qatar
Khan's government has said it was trying its best to overcome an energy shortfall through different measures
Oil & Gas Trade
Turkey's Imports of Natural Gas from Iran Fell by 31% in 2020
Turkey imported 5.32 billion cubic meters of natural gas from Iran in 2020, a year-on-year decrease of 31%.
Oil & Gas Trade
S.Korea's Feb Crude Oil Imports Slide 14.7% y/y - Preliminary Data
South Korea's February crude oil imports fell 14.7% to 73.6 million barrels from a year earlier, preliminary data from the Ministry of Trade, Industry and Energ…
Rooftop PV System
Victoria’s Minimum Solar Feed-in Tariffs to Drop by 34%
The delicate balancing act between incentivising rooftop solar uptake, versus moderating its effects on the grid and electricity markets continues, with the Vic…
LNG
Global LNG Demand Expected to Almost Double by 2040
Global liquefied natural gas demand is expected to almost double to 700 million tonnes by 2040, Royal Dutch Shell said in its annual LNG market outlook.
LNG
Thailand’s January LNG Imports Fall to Three-Year Low
Thailand's LNG imports hit a three-year low in January, with no receipts from its usual suppliers Australia and Malaysia, even as one of its biggest importers Q…
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