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Trade
Coal Trade
Germany Will Need Full Transition Period to Ban Russian Coal
Germany will need to use the full four-month phase-out period to implement a ban on Russian coal under European Union sanctions, Chancellor Olaf Scholz said on …
Coal Trade
Europe’s Russia Coal Ban Foreshadows Higher Global Energy Prices
Europe is taking a big gamble as it moves to ban Russian coal, potentially leaving itself vulnerable to shortages and rolling blackouts while the rest of the wo…
Coal Trade
EU Targets Russian Coal, Ships in New Sanctions
The EU is proposing the 5th round of sanctions against Moscow, which among others target coal imports from Russia, European Commission President Ursula von der …
South Korea
South Korea to Help Stabilise Energy Market Amidst Russia-Ukraine Conflict
South Korea is committed to helping stabilise the energy market amidst the conflict between Russia and Ukraine, Trade, Industry, Energy Minister Moon Sung-wook …
Offshore Wind Power
EU Confronts UK over Wind Turbines in First WTO Dispute Since Brexit
The EU has sued the UK at the World Trade Organization over UK subsidies to offshore wind farms amid a dramatic escalation of post-Brexit tensions.
Oil Price
Oil Jumps as Russia-Ukraine Talks Stall
Oil prices extended their rally on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the …
Nuclear Power Plant
Tender Launched for New Nuclear Plant at Dukovany
The Czech Republic’s Ministry of Industry and Trade has officially given its approval after completing the safety assessment of the three approved bidders - ED…
Crude Oil
Norway’s Equinor Not Entering Any New Trades for Russian Oil
Following the beginning of the process to exit its projects in Russia, Norwegian state-owned oil and gas player Equinor has now also decided to stop trading in …
Oil & Gas Trade
India Taking up Russian Discounted Oil Offer Will Not Be US Sanctions Violation, Says White House
India taking up Russia's offer of discounted crude oil would not be a violation of American sanctions, the White House has said.
Oil Price
Wall Street Stocks Rally, Oil Prices Fall Ahead of Fed Meeting
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 8, 2022. REUTERS/Brendan McDermidThe three main Wall Street stock …
Crude Oil
Chevron Set to Trade Venezuelan Oil if US Relaxes Sanctions
Sources say Chevron is asking the US government for a license broad enough to have a greater say at its joint ventures in Venezuela.
Oil & Gas Trade
Iran Says US Has Failed to Stop Oil Exports
Iran said on Last Saturday that US attempts to seize its tankers and oil cargo had failed to stop exports that are subject to sanctions imposed by its arch foe.
Oil&Gas Drilling
Ukraine-Russia Conflict Could Impact Vietnam Oil Drilling
PetroVietnam has cautioned that the disruptions to international trade caused by Russia’s invasion of Ukraine could impact its operations.
Coal Trade
India's Russian Coal Imports Could be Highest in over Two Years in March
India’s coal imports from Russia in March could be the highest in more than two years, data from research consultancies showed, as Indian buyers continue buyin…
Coal Trade
China Could Turn to Indonesia for Coal as Russian Exports Are Disrupted, Says CLSA
Russia’s war in Ukraine is unlikely to have a uniform effect across Southeast Asia, says Anthony Nafte of CLSA.
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