Trade

Oil & Gas Trade
Iran Moves from Oil to Petrochemicals in Export
Country launches 3 major petrochemical projects worth $1.6B to boost non-oil revenue.
Oil & Gas Trade
Libya's Oil Blockade Will Help Clear the Global Supply Glut
Libya's port blockade is set to keep the North African country's oil off the market until at least the fourth quarter of 2020
Coal Trade
China's July Coal Imports Rebound
China's overall coal imports increased in July from a month earlier, which was partially a result of cargoes booked in previous months being cleared in July.
Oil & Gas Trade
U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia
The U.S. sent in June its first crude oil shipment to Saudi Arabia since the ban on crude export was lifted in 2015, which was also the first shipment since one…
Oil & Gas Trade
Ukraine to Increase Domestic Natural Gas Production
Ukraine’s largest natural gas producer, Ukrgasvydobuvannya, will increase domestic natural gas production, reduce the country’s dependency on imports and impr…
Germany
Bosch Signs Power Purchase Deals with RWE, Statkraft and Vattenfall
German technology company Bosch has signed three long-term power purchase agreements (PPAs) for electricity generated by RWE, Statkraft, and Vattenfall.
Oil & Gas Trade
US Firm Secures Oil Deal with US-Backed Forces in Syria
A U.S. company has reportedly reached a deal with Kurdish-led authorities in northeast Syria to develop and export crude oil in areas under their control in the…
Oil & Gas Trade
China’s Crude Oil Imports Drop From Record Highs
China’s crude oil imports are estimated to have dropped in July by 3 percent from June, but they were still much higher than the import volumes in July 2019.
Coal Trade
Indian Coal Mining Out of Bounds for Chinese Firms
A month after banning 59 Chinese apps and restricting Chinese firms from participating in bids for Indian government procurement.
Oil & Gas Trade
Ukraine Says no Plans to Resume Gas Purchases from Russia
Ukraine's state energy firm Naftogaz said it would not resume buying natural gas from Russia.
Electricity Trade
World Bank Programme to Enable Electricity Trade in West Africa
The World Bank Board of Directors approved a total of $300 million in International Development Association (IDA) credits and grants to support reforms that wil…
China
Why the Iran-China Oil Alliance is So Important
The steady rise in U.S. strategic competition with the People’s Republic of China over trade and the South China Sea already has so many dimensions that it is …
Oil & Gas Trade
US extends LNG Export Term to 2050
The Department of Energy is issuing a final policy statement that allows for US LNG exports to non-free trade agreement countries to be extended through the yea…
Netherlands
Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend
Royal Dutch Shell swung to a heavy net first-half loss, but paid a dividend as the Covid-19 crisis hammered oil and gas prices.
United States
Total Takes US$7-Billion Hit on Exposure to Canada's Oil Sands
Total SE announced an US$8.1 billion writedown after the push to curb carbon emissions and the coronavirus pandemic challenged assumptions about the viability o…

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Trade

Iran Moves from Oil to Petrochemicals in Export

Libya's Oil Blockade Will Help Clear the Global Supply Glut

China's July Coal Imports Rebound

U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia

Ukraine to Increase Domestic Natural Gas Production

Bosch Signs Power Purchase Deals with RWE, Statkraft and Vattenfall

US Firm Secures Oil Deal with US-Backed Forces in Syria

China’s Crude Oil Imports Drop From Record Highs

Indian Coal Mining Out of Bounds for Chinese Firms

Ukraine Says no Plans to Resume Gas Purchases from Russia

World Bank Programme to Enable Electricity Trade in West Africa

Why the Iran-China Oil Alliance is So Important

US extends LNG Export Term to 2050

Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend

Total Takes US$7-Billion Hit on Exposure to Canada's Oil Sands