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Oil & Gas Trade
Libya's NOC Blames UAE for Halt to Oil Output, Exports
Libya, with largest oil reserves in Africa, can produce 1.2 million barrels of crude oil per day.
Oil & Gas Trade
China Awards More Non-State Crude Import Quotas
China has issued a third batch of non-state crude import quotas for 2020, sending the amount awarded so far this year more than 10pc above the total for 2019.
Market Analysis
China Leads Global Efforts to Spur Trade
China is working with a number of countries to spur pragmatic economic, trade cooperation, boost goods trade volume and stabilize industrial chains to facilitat…
Oil & Gas Trade
BP-Sinopec Bunker Venture to Start Fuel Oil Deliveries to Fujairah
The BP and Sinopec marine fuel bunkering joint venture will start deliveries of high sulfur and low sulfur fuel oils to Fujairah next month.
Oil & Gas Trade
North American Oil And Gas Companies Continue to Go Bankrupt at $40 Oil
The rash of oil and gas bankruptcies in North America is set to continue for the remainder of 2020.
Oil & Gas Trade
US Refiners Ramp Up Crude Imports from Mexico to 8-Year High
US crude oil imports from Mexico surged to the highest level in more than eight years last week as swelling inventories and a fire at the Latin American country…
Oil & Gas Trade
Berkshire Hathaway Strikes $10bn Deal with Dominion Energy for Natural Gas Assets
It announced the cancellation of a multi-billion-dollar natural gas pipeline joint venture with Duke Energy.
Coal Trade
Germany Passes 2038 Coal Exit Law with Compensation
Germany has passed legislation to end coal-fired power generation by 2038 at the latest and agreed on a shutdown schedule for individual lignite power plants.
Oil & Gas Trade
Dominion Energy Sells Natural Gas Assets for $9.7bn
Dominion Energy has agreed to sell its natural gas assets for $9.7bn, the US-based power company announced on Sunday.
Oil & Gas Trade
Warren Buffett's Berkshire Buys Dominion Energy Natural Gas Assets in $10 Billion Deal
Warren Buffett's Berkshire Hathaway is finally pulling the trigger.
Electricity Trade
India to Ban Imports of Power Equipment from China and Pakistan
The Government of India is reportedly planning to stall power equipment imports from neighbouring countries China and Pakistan.
Oil & Gas Trade
Poland and Germany to Cut Russian Pipeline Oil Imports in July
Poland and Germany are set to reduce purchases of Russian flagship Urals crude blend via the Druzhba pipeline this month after Moscow cut its oil output along w…
Oil & Gas Trade
US Court Orders Seizure of Iranian Gasoline Cargoes
A US federal court today authorized the seizure of 1.16mn bl of Iranian gasoline aboard four tankers, which are allegedly transporting it to Venezuela.
Coal Trade
IndexBox: Asia Pacific Coal Market Rises for Third Consecutive Year
In 2019, the Asia Pacific coal market increased by 6.1% to US$751.8 billion, rising for the third consecutive year after four years of decline.
Oil & Gas Trade
Milestone for Neptune in Algeria
Neptune Energy today announced a major milestone for the Touat gas facility in Algeria, with operatorship having been formally passed to Groupement Touat Gaz.
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