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Covid-19

Crude Oil
Covid Resurgence in China Drives Global Oil Demand Concerns
China is renewing restrictions and canceling flights as a Covid-19 resurgence in Asia’s top oil consumer sends jitters across the crude market.
Vietnam
Renewed Lockdown to Limit Vietnam's Gasoline Demand
Net importer Vietnam's gasoline demand is expected to take another hit as part of the country returns to a lockdown with rising Covid-19 cases.
Energy Storage Battery
EU, Ukraine to Sign Preliminary Deal on Key Raw Materials, Batteries
The European Union and Ukraine will sign a memorandum of understanding covering critical raw materials and batteries as the 27-country bloc tries to diversify s…
Japan
Tokyo Olympics Games to be Held Behind Closed Doors; State of Emergency Declared
Surging Covid-19 cases in Japan has forced the first major sporting event to showcase the power of hydrogen, the Tokyo Olympic Games, behind closed doors.
Crude Oil
Opec+ Resumes Output Talks Amid UAE Standoff
Opec+ ministers are due to resume talks at 15:00 Vienna time today to try to defuse what is fast becoming the group's most serious crisis since it embarked on i…
Oil Price
Crude Oil Falls Nearly 2% Ahead of OPEC+ talks
Oil prices fell nearly 2% on Monday after hitting their highest since 2018 earlier in the session, as a spike in COVID-19 cases in Asia and Europe put a brake o…
Geothermal Power Plant
EIB Approves $95 million for Geothermal Power in East Africa
The European Investment Bank has approved $4.9 billion financing for renewable energy, clean transport, COVID-19 recovery, social housing and education.
Oil Price
Oil Steadies After Hitting 2-yr High as Demand Hopes Face Supply Growth
Oil prices ended mostly unchanged on Monday, after hitting their highest levels in more than two years, as growing U.S. crude production and Britain's delayed C…
Crude Oil
Oil Extends Gains, Trading Above $70 on Upbeat Outlook
Prices are expected to be elevated in the coming months as economies recover from Covid-19 pandemic, analysts say
Oil Refinery
China On Track To Be World’s Largest Oil Refiner in 2021
In the global refining industry, COVID-19 has exposed a seismic shift. While China’s oil refineries forge ahead with capacity expansion, many western-based ref…
Coal Production
Coal India Retains Production and Offtake Momentum in May
Despite Covid-19 restrictions in several states, Coal India NSE -0.37 % maintained its output and despatch momentum in May, the second month of the current fisc…
Oil Price
Oil Prices Rise on Potential Hitch in Iran Talks
Oil prices rose on Monday as a demand bump fueled by COVID-19 vaccination drives gave traders optimism that the market can absorb any Iranian oil that would com…
Coal Mine
Coal India’s Offtake Increased in April
Amid the second wave of COVID-19, Coal India Ltd’s offtake increased to 54.1 million t in April 2021.
United States
Biden Wants ‘Clean’ Electricity By 2035. A Pandemic-Driven Fall In Solar Jobs Complicates That
The U.S. solar industry will need to nearly quadruple its workforce by 2035 in order to meet President Joe Biden’s goal of a carbon-free electricity industry, …
LNG
GECF Expert Commentary - New Trends on the Global Market of LNG Carriers
The Covid-19 pandemic has brought new challenges for the global gas industry, with the LNG shipping market not being an exception.

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