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Trade
Market Analysis
Global Coal Stocks Extend Decline
Coal stocks across key global hubs remained at a historic low at the end of August, driven by a global supply shortfall and recovery in demand, according to Arg…
Offshore Wind Power
First Commercial PPA in Croatia Signed by wpd, Danske Commodities
Energy project developer and operator wpd and energy trader Danske Commodities signed a fixed-price commercial power purchase agreement – PPA for the Orlice wi…
Wind Farm
Lisarb Enters Wind Market with Brazilian PPA
97MW off-take deal with Tradener for project being developed in Rio Grade do Norte
Oil & Gas Trade
China’s Oil Imports Are Set To Slow In Q1
Chinese imports in March 2022 are set to be around 10.7 million barrels per day (bpd).
Electricity Trade
Brazil Nuclear Power Tariff to Increase 40pc in 2022
Tariffs for Brazilian nuclear power plants Angra 1 and Angra 2 will increase by 39.86pc in 2022, according to Brazilian national power regulatory agency Aneel.
Electricity Trade
Serbia Importing over 25% of Electricity Amid Outages Due to Snow
More than 90,000 consumers in Serbia were without electricity this morning. Almost 1.5 GW of current consumption is being covered by imports, which is unprecede…
Oil & Gas Trade
U.S. to Sell 18 mln Barrels of Oil from Reserves on Dec 17
The U.S. Department of Energy said on Friday it will sell 18 million barrels of crude oil from the strategic petroleum reserve on Dec. 17, as part of a previous…
Electricity Trade
Iran Ready to Exchange Electricity with Neighboring Countries
Iran can exchange electricity with Armenia, Afghanistan, Turkmenistan, Iraq, Azerbaijan, and Turkey, said Iranian Energy Minister Ali Akbar Mehrabiyan, IRNA rep…
Crude Oil
Saudi Arabia Will Supply Full Volumes To Asia
Saudi Arabia will supply full contracted oil volumes to most of its buyers in Asia.
Crude Oil
White House not Considering Crude Export Ban
President Joe Biden's administration has all but ruled out the idea of pursuing a ban on crude exports, following an outcry from the oil industry and its allies…
Oil & Gas Trade
China Suntien Green Energy in 15-Year LNG Deal with Qatar Energy
A China Suntien Green Energy subsidiary will sign a sale and purchase deal with Qatar Liquefied Gas for 1 million mt/year of LNG for 15 years, the Hong Kong- an…
Electricity Trade
Electricity Prices in Ireland Among Dearest in Europe
Comparative study reveals cost of power in State to be lower than that in UK
LNG
Global LNG Exports Hit Eight-Month High
Global LNG loadings increased in November compared with recent months, and were at their quickest since March, as stronger US and Malaysian output offset slower…
Electricity Transmission
MALAWI-MOZAMBIQUE: A Power Line will Interconnect the Two Countries
The authorities of Mozambique and Malawi are officially launching the construction of a power line to interconnect the two countries.
Offshore Wind Power
Offshore could Deliver 45% of Swedish Power Needs
Offshore wind could deliver 45% of Sweden's electricity needs by 2050, according to a study commissioned by the country’s wind energy trade body and five membe…
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