Trade

Coal Trade

Indonesia Bans January Coal Exports

The step could infuse another round of price volatility after spot prices more than halved after hitting multi-year highs in late October 2021.

Electricity Trade

Power Costs in Europe Soar to Record High in 2021

The continent's energy crunch followed shortages of natural gas just as demand rebounded following 2020’s lockdowns

Power Construction

GCCIA, CESI Launch Electricity Pricing Pilot Project for the GCC

This ambitious project consists in the creation of an electronic platform for the pricing of electricity in GCC countries, as part of the first phase of the ene…

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…