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Trade
Oil & Gas Trade
Japan Eyes Vietnam for ASEAN Oil-Sharing Deal
Japan is targeting Vietnam for what will be its first oil-sharing deal with a Southeast Asian nation as Tokyo attempts to ensure an uninterrupted supply of petr…
Oil & Gas Trade
World’s Largest Oil Trader Expects Strong Demand Rebound This Year
Global oil demand is set for a rebound between now and the end of next year, with consumption expected to rise from current levels by as much as 8 million barre…
Electricity Trade
DEME Wins French Floater Export Cable Gig
DEME’s French subsidiary has won a contract for the export cable for the 30MW Leucate floating offshore wind farm, off France.
Crude Oil
China Cuts Saudi, Russia Crude Imports in March
China imported less crude from top suppliers Saudi Arabia and Russia in March compared to a month earlier, while boosting arrivals from Brazil and the UAE, cust…
South Korea
South Korea Raises Renewable Energy Target to 25pc
South Korea's ministry of trade, industry and energy has raised the country's renewable portfolio standard policy from 10pc to 25pc.
Coal Mine
Vietnam's Coal Imports Rebound in March
Vietnamese coal imports in March slipped for the fourth straight month from a year earlier, although they more than doubled from the previous month with the con…
Coal Mine
Australia’s Queensland Coal Exports Hit Four-Year Low
Shipments from the four largest coal export ports in Australia's Queensland state were at the lowest level in four years on an average daily basis in March, ent…
Crude Oil
Brazil Crude Exports at Eight-Month High in March
Brazilian crude exports climbed to around 1.54mn b/d in March, an almost 17pc increase over February and the highest volume since July 2020.
The U.S.-China Trade War Isn’t Over Yet
A year ago, Washington and Beijing inked the Phase One Trade Deal whereby Beijing committed to importing an extra $200 billion worth of American goods over the …
Oil & Gas Trade
Libya’s Largest Oilfield Could See Exports Interrupted
The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard follow …
Oil & Gas Trade
Energy Partnership Bolsters China–Russia Relations
Russia’s Novatek and China’s Shenergy signed a new gas deal in February 2021, highlighting the primacy of energy ties in China–Russia relations.
Energy Taxation
Tariff Hikes could be on the Cards for Major SA Cities
Tariff hikes are front and center in the proposed budgets for both the City of Cape Town and the City of Johannesburg for the 2021/2022 financial year.
Crude Oil
UAE Presents Phenomenal Plan To Boost Its Position As Oil Hub
The first of these developments - announced by UAE Vice President and Prime Minister, Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister o…
Oil & Gas Trade
Oman Oil Exports Stage Strong Rebound in March
Oman's oil exports rebounded from a 19-month low in February to average 776,000 b/d in March, according to energy ministry data.
Wind Power Project
Vietnam Plans to Double Wind Power Generation by 2030
A power development plan published by Vietnam’s Ministry of Industry and Trade foresees a doubling of wind energy production by 2030 and a tripling of renewabl…
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