Trade

Oil Price
Oil Prices Retreat in Thin Trade, but China Outlook Offers Support
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. REUTERS/Stringer/File P…
Electricity Transmission
Winter 2023-24 price cap forecasts fall further below EPG, but long-term prospects remain uncertain
The latest forecasts for the Default Tariff Cap (price cap) released by Cornwall Insight, have shown energy bill predictions for a typical household1 have falle…
Biobattery
Japan Proposes Default Ghg Values for Solid Biobased Fuels
Japan’s Ministry of Economy, Trade and Industry has proposed default greenhouse gas (GHG) emissions values and calculation methods for biobased fuels that…
Coal Trade
Australia’s Nsw Plans 10PC Coal Reservation Policy
Australia's New South Wales (NSW) state government will require coal producers to reserve up to 10pc of their output for domestic use, including export-focu…
Oil & Gas Trade
Global Oil Demand Will Surge to Record This Year as China Reopens, Iea Says
A drilling platform at Norway's giant offshore Johan Sverdrup field.Global oil demand will surge to a record this year following the end of coronavirus rest…
Oil & Gas Trade
Oil Giant Aramco Says Windfall Taxes ‘Not Helpful’ and Could Stifle Decarbonization
KEY POINTSPolicymakers in a number of countries are calling for windfall taxes on major oil and gas companies, many of which saw record profits in the last year…
Coal Trade
RWE Brings Coal Exit Forward to 2030
RWE has released the following update regarding its coal activities:Today [11 January], RWE Power will start to demolish the former settlement of Lützerath…
Oil & Gas Trade
OPEC Stands by 2023 Oil Demand Forecast Amid Improving Outlook in China
Opec says it is holding to its forecast demand for crude this year despite forces arraying against it. ReutersOpec stuck to its global oil demand forecast for t…
Energy Transition
UAE and Japan Sign Agreements to Support Energy Transition
The deals were signed at a meeting between Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and UAE special envoy to Japan, and Yasutoshi Nishim…
Japan
Japan, Us Partner to Develop Small Modular Reactors
Source: Johannes Plenio (Unsplash)They will also explore other next-generation advanced reactors.The Ministry of Economy, Trade, and Industry (METI) and the US …
Nuclear Reactor
Poland’s Respect Energy Considers Deploying French SMR Design
Polish renewable energy trader Respect Energy has signed an agreement with EDF to cooperate on the development of nuclear power projects in Poland based on Fran…
Electricity Trade
Drop in Power Price Predictions up to 2030 but Prices to Remain Above Pre-2021 Levels for Next Decade
New data from Cornwall Insight has shown a drop in our predictions for power prices up to 2030 as Europe secures alternative energy supplies, compensating for r…
Crude Oil
Keppel Offshore & Marine Former Senior Managers Escape Prosecution for Bribery Scandal
Six former senior officials of Singapore’s Keppel Offshore & Marine have escaped prosecution on corruption charges relating to Brazil’s Operation Ca…
Coal Trade
New Coal Transport Mechanism May Raise Power Cost up to 10 per Cent
The overall electricity cost is likely to rise by up to 10% when a fifth of a powerplant's coal requirement is transported through the 'rail-ship-rail&#…
Oil & Gas Trade
Greek Firms Start Construction of 840 MW Gas Plant in Alexandroupolis, Target Balkans for Power Exports
A consortium consisting of Public Power Corp. (PPC), DEPA Commercial and Damco Energy marked the start of works on a gas-fired power plant in Alexandroupolis in…

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Trade

Oil Prices Retreat in Thin Trade, but China Outlook Offers Support

Winter 2023-24 price cap forecasts fall further below EPG, but long-term prospects remain uncertain

Japan Proposes Default Ghg Values for Solid Biobased Fuels

Australia’s Nsw Plans 10PC Coal Reservation Policy

Global Oil Demand Will Surge to Record This Year as China Reopens, Iea Says

Oil Giant Aramco Says Windfall Taxes ‘Not Helpful’ and Could Stifle Decarbonization

RWE Brings Coal Exit Forward to 2030

OPEC Stands by 2023 Oil Demand Forecast Amid Improving Outlook in China

UAE and Japan Sign Agreements to Support Energy Transition

Japan, Us Partner to Develop Small Modular Reactors

Poland’s Respect Energy Considers Deploying French SMR Design

Drop in Power Price Predictions up to 2030 but Prices to Remain Above Pre-2021 Levels for Next Decade

Keppel Offshore & Marine Former Senior Managers Escape Prosecution for Bribery Scandal

New Coal Transport Mechanism May Raise Power Cost up to 10 per Cent

Greek Firms Start Construction of 840 MW Gas Plant in Alexandroupolis, Target Balkans for Power Exports