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U.S. Extends Clampdown on Iran With Sanctions on Energy Firms
The U.S. sanctioned four companies that it says have traded hundreds of millions of dollars worth of Iranian petroleum and petrochemicals in its latest effort …
Oil & Gas Trade
Oil Falls Below $61, Heading for Weekly Loss on China Virus Concerns
Oil extended losses on Friday to trade below $61 a barrel, heading for a weekly decline as concern that the coronavirus in China may spread.
Oil & Gas Trade
Crude Oil Jumps on Libya Export Blockage, Iraq Disruptions
Oil gained in Asian trading Monday following supply disruptions and political instability in key producers Libya and Iraq.
Oil & Gas Trade
Eastern Med Nations Square Off in Blocs for Natural Gas Supply
Turmoil over energy issues in the Eastern Mediterranean is growing as countries form blocs to supply natural gas to the markets of Europe.
Oil & Gas Trade
Guyana Officially Becomes Oil Exporter
The world’s newest oil frontier, Guyana, has officially shipped its very first batch of crude oil on Monday, according to TankerTrackers.com—a major oil-first…
China Changes Policy on Foreign Oil Operators
The policy of China on foreign oil and gas operators is about to change. China will allow private and foreign firms to explore its domestic oil and gas resource…
Crude
Pipeline Closure Risks Taking Nearly all Libya's Oil Offline
Two major oilfields in southwest Libya began shutting down on Sunday after forces loyal to Khalifa Haftar closed a pipeline, potentially reducing national outpu…
Rising Demand for Steel And Energy Pushed Global Coal Use
The global maritime coal trade grew 0.7 per cent last year, helped by increased output in China and Indonesia, according to Germany’s VDKI coal importers lobby…
Oil & Gas Trade
Jordan Parliament Seeks Ban on Israel Gas Imports
Jordan’s parliament Sunday voted in favour of a law to ban gas imports from Israel, weeks after the Jewish state began pumping it to the kingdom in a $10 billi…
Coal Trade
China's Coal Imports Raced Ahead in 2019
China's coal imports raced ahead in 2019, surprising many who had expected that in the months of 2019 to come the government would clamp down strictly on shipme…
Shale Gas
A Crude Restructuring: How America's Shale Revolution Changes the Oil Market in the Middle East
In the first week of January 2020, US special forces executed a strike killing the leader of Iran’s foreign paramilitary arm, Qasem Soleimani, and raised the a…
Oil & Gas Trade
Libya's Eastern-Based Forces Move to Halt Oil Exports
A move by Libya's east-based forces to choke off oil exports from its territory threatens to throttle much of the country’s oil production
Oil & Gas Trade
Eastern Libya Halts More Than Half the Country's Oil Output
Eastern Libya ports controlled by commander Khalifa Haftar, who is trying to seize the capital Tripoli, are shutting down oil exports, slashing national crude o…
Coal Trade
Seaborne Coal Trade Around The World Rose 0.7 Per Cent in 2019
Imports and exports, counted together, rose to 1.218 billion tonnes from 1.210 billion tonnes in 2018, VDKI Managing Director Franz-Josef Wodopia said in an spe…
Electricity Trade
Belarus to Negotiate Direct Electricity Supplies with Latvia
Belarus will discuss the possibility of directly supplying Belarusian electricity to Latvia, BelTA learned from Prime Minister of Belarus Sergei Rumas after he …
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