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Trade
Crude Oil
Russian Crude Trades at Record Low Versus Brent on Sanctions Fears
Russian Urals crude oil differentials in Northwest Europe have slumped to record lows this week as threats of further sanctions and potential credit issues kept…
Oil & Gas Trade
Iraq Starts Talks with Halliburton on Anbar Gas Project
Iraq has begun negotiations with the US oil major Halliburton to develop a crutch gas field in Anbar governorate, looking to increase its hydrocarbons output as…
Crude Oil
Factbox: Asian buyers of Russian oil, gas and coal
As the Ukraine-Russia crisis intensifies, Brent crude futures have hit fresh seven-year highs as analysts warn trade sanctions may have implications for Asian c…
Solar Power Plant
Utility-Scale Energy Storage in US Tripled in 2021 While Growth of Other Clean Energy Stalled
Utility-scale battery energy storage system (BESS) installations in the US grew 196% to 2.6GW in 2021 but overall clean power installations fell 3%, according t…
Coal Trade
Russia, China Agree New Coal Deal for 100 Million Ton Supply
Russia and China have agreed on a new deal that will see Russia supply 100 million tons of coal in the "coming years" to its southern neighbor.
Solar Power Panel
Panel Sides with Canada on Solar Import Trade Dispute
Import tariffs that were put in place during the Trump administration to target solar photovoltaic (PV) modules made in Canada should be removed, according to a…
EV Market
'Ofcharge': UK Car Industry Calls for EV Charging Watchdog to Help Accelerate Rollout
Trade body SMMT drafts UK strategy for ensuring battery car charging is as affordable and accessible as possible for consumers as the number of electric vehicle…
Crude Oil
Crude Prices at $100 Could Prompt Major Rise in US Tight Oil Output
Tight oil output from the US could jump by 2.2 million barrels per day if crude prices trade around or above $100 per barrel, driven by growing demand and conti…
Coal Trade
Indonesia Jan Export Growth Below Expectation After Coal Shipment Ban
Indonesia’s export growth slowed more than expected in January, after authorities in the world’s top thermal coal exporter banned shipments in the first week …
LNG
Qatar's Asian Gas Contracts Hamper Ukraine Planning
Qatar's deepening trade in natural gas with Asia is complicating global efforts to protect Europe from the threat of an energy squeeze by Russia.
LNG
U.S. Supplies Give China Muscle to Become Major Force in Global LNG Trade
Chinese firms are set to become a major trading force in the global liquefied natural gas market in coming years, thanks to liberalisations at home and recently…
Distributed energy
Insurance Guarantee Instruments for African Energy Sector
The Norwegian Agency for Development Cooperation (NORAD) will provide grant funding to the African Trade Insurance Agency (ATI) of $56million over the next five…
Crude Oil
U.S. Weighs Chevron Request to Take Venezuela Oil for Debt Payments
The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt.
Coal Trade
Indonesia Lifts Coal Export Ban
The Indonesian government reopened coal exports after a month-long ban in January due to low coal stock.
Crude Oil
China’s November Base Oil Imports Rise
China's base oil imports rose in November, supported by increased demand for replenishment cargoes at lower prices.
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