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Trade
RCEP
RCEP to Take Effect on First Day of 2022, Extend Asia-Pacific Industrial Chains in Closer Bond
The world will see the establishment of its largest trade bloc, the Regional Comprehensive Economic Partnership, from the beginning of 2022
Crude Oil
Mexico To End Oil Exports In 2023
Mexico will suspend crude oil exports in two years in a bid to focus on domestic self-sufficiency.
Oil & Gas Trade
Hyundai Oilbank to Export Gasoline and Diesel to Hawaii
Hyundai Oilbank announced on Dec. 28 that it has signed a long-term contract to export finished petroleum products to Hawaii.
Electricity Trade
World Bank Cautions Nigeria Against Hiking Electricity Tariffs
The World Bank has cautioned Nigeria and other emerging economies against raising electricity tariffs.
Electricity Trade
India’s Renewables Boom Set to Lift Power Exchange Spot Trading
Share of spot market may more than quadruple in two years
Crude Oil
CPC to Import 90,000MT Crude Oil from Singapore
The Ceylon Petroleum Corporation says it will import 90,000 metric tons of fuel on credit from a supplier in Singapore next month.
Coal Trade
India’s Adani Group to start exports from Australia’s Carmichael coal mine
First shipment expected before end of year despite global pressure to phase out fossil fuel
Oil & Gas Trade
China’s Oil Imports in November from Saudi Arabia Fall from a Year Earlier
China’s crude oil imports from Saudi Arabia in November fell 13% from a year earlier, but the kingdom retained its ranking as the top supplier to the world’s …
Crude Oil
Nov Crude Imports from UAE Hit Record High at 1.1 mil b/d
China's crude imports from the UAE hit a record high of 4.47 million mt, or 1.09 million b/d, in November amid lower official selling prices, making it China's …
Electricity Trade
Power Prices Reach Stunning EUR 400 per MWh in Europe
Power prices reached critical levels across Europe amid a surge in costs for natural gas and an outage in France.
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.
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