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EU Coal Imports Continue to Fall in June
Net EU-27 thermal coal imports fell on the year for a 16th consecutive month in June amid weak consumption and prices in the Atlantic.
Russian Federation
Gazprom Neft profit slumps 80% in Q2
Russia's Gazprom Neft, the oil business of state gas company Gazprom, said weak oil prices had driven a near 80% slump in second-quarter net profit to 22 billio…
Oil & Gas Trade
Libya to Export Only Oil Accumulated in Terminals, LNA Says
Libya, following the resumption of the operation of oil facilities, will export only oil accumulated in port terminals, crude produced at deposits will not be e…
United States
Trump 'Postpones' US-China Trade Talks: Update
US President Donald Trump has again called into question the future of trade talks with Beijing, despite a recent surge in US crude shipments to China under the…
Oil & Gas Trade
US Eyes October Deadline to End Exemptions on Venezuela Oil Sanctions
The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still receive the S…
Oil & Gas Trade
Tehran Says Fuel Seized by US Belonged to Venezuela, Not Iran
Iran’s Foreign Minister, Mohammad Javad Zarif, has refuted allegations, saying that the vessels involved in what he described as an act of “piracy” were not …
Oil & Gas Trade
OPEC+ Seeks to Defend Oil-Market Gains as Demand Outlook Darkens
OPEC and its allies have achieved the oil-market equivalent of a high-wire act: increasing supply even as demand remains depleted, without crashing prices.
SPI Goes Fully Virtual as Las Vegas Trade Show is Cancelled
SPI, North America’s largest solar industry event, will now be fully virtual after the organisers cancelled an outdoor exhibition rescheduled for October.
United States
Trump Administration to Roll Back Curbs on Methane from Oil, Gas Operations
The EPA is expected to retain some of the rules issued in 2012 that control methane emissions and also limit those of so-called volatile organic compounds that …
Energy Storage Project
Canadian Solar Says There are ‘Significant Growth Opportunities in the Solar-Plus-Storage Market’
Canadian Solar has highlighted the increasing importance of adding energy storage to PV projects and the “significant growth opportunities in the solar-plus-st…
Oil & Gas Trade
Venezuela Looks To Ease Gasoline Shortage By Restarting Production Units
Venezuela’s state-owned oil firm PDVSA looks to restart another gasoline-producing unit soon, hoping to ease the gasoline shortages in the country.
Libya
Libya Suffers over $8 Billion Losses in Blockaded Oil Production
Libya has suffered over $8 billion in losses as a result of the oil blockade and the closure of oil wells by Khalifa Haftar’s forces in the past 200 days, the …
United States
US Clean Energy Job Recovery Stalled to a Trickle in July
The recovery of clean energy jobs in the US slowed a trickle last month as trade associations have warned it could take years for jobs to return in full without…
Oil & Gas Trade
Russia's Oil Product Exports to the U.S. Jump to 16-Year High
Russia's exports of petroleum products to the United States more than doubled in the first half of 2020 compared to the same period last year.
Oil & Gas Trade
Shale Job Losses Accelerating and the Worst May be Yet to Come
Roughneck job cuts accelerated in July and the outlook may worsen as new Covid-19 cases stifle economic activity, according to the Petroleum Equipment and Servi…
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