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Trade
Oil Price
Saudi Arabia's Oil Exports Climb 147 per cent to $16 billion in May
The value of Saudi Arabia's oil exports in May increased 147 per cent to just over 60 billion riyals from a year earlier while non-oil exports rose by 70 per ce…
Electricity Trade
China to Allow Electricity Prices to Rise by 20 per cent During Peak Hours
China will allow electricity prices to further rise by at least 20% during peak demand hours from current peak electricity prices, the state planner said on Thu…
Coal Mine
IMAN: India’s Import – Coal & Coke
IMAN Resources has released its report for India’s import of coal for June 2021.HighlightsJune 2021 total coal and coke and imports at 20.334 million t are up …
Oil & Gas Trade
Value Of Saudi Oil Exports Jumps 147% In May
Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia’s oil exports in May 2021 compared to May 2020。
Oil & Gas Trade
UK Gas Exports to EU to Stay Low
UK gas flows to the EU could stay minimal in August-September, as almost all surplus gas could be added to mid-range storage.
China
China Strikes Back At EU For Carbon Border Tax
The European Union is breaching trade principles with its proposal to impose a so-called carbon border tax that would push up the prices of non-EU products sold…
Crude Oil
Pakistan: Crude Oil Imports Surge 317pc in May
Imports of crude oil increased by a whopping 317 per cent in May which translated into higher than expected production of petroleum products by local refineries…
Solar Power Panel
Chinese Energy Products Boon for Kenyan Traders
Four shops of energy items line up the main road in Kitengela, a fast-growing residential and commercial hub, on the south of Nairobi, Kenya’s capital.
Coal Mine
NZ Importing Record Amount of Coal to Power Homes and Businesses
New Zealand is likely to import more coal this year than it has in any other year, in the midst of a government-declared climate emergency.
Oil & Gas Trade
Israel Freezes UAE Oil Deal Over Environmental Concerns
The environmental protection ministry says the risk assessment ‘did not meet the conditions’ stipulated by the ministry.
Oil & Gas Trade
Iraq to Sell Lebanon 1 mil mt/year of Heavy Fuel Oil in Barter Deal
Iraq has agreed to sell Lebanon 1 million mt/year of heavy fuel oil in return for "goods and services" in a barter deal that should help OPEC's second-biggest p…
Energy Investment
Honduras Spends 52% more on Oil Imports in First 5 Months 2021
he increase in the oil bill in the first five months of 2021 is due to the rise in the international price of oil, influenced by the reactivation of the economi…
Oil & Gas Trade
Italian LNG Imports Fall on Quick Algerian Piped Supply
Italy's LNG receipts have fallen sharply since the start of the 2020-21 gas year, displaced by brisk Algerian pipeline take.
Crude Oil
Russia Weighs Gasoline Export Ban
Russia is ready to introduce a ban on gasoline exports as soon as next week amid record-high wholesale prices on the exchange.
United States
Former AWEA Group to Merge with Energy Storage Association
The boards of directors of the American Clean Power Association and the U.S. Energy Storage Association have voted to pursue a merger of the two trade associati…
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