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Trade
LNG
Gastrade and North Macedonia Cooperate on Greek LNG Terminal
Greek company Gastrade has signed agreements for the cooperation with National Energy Resources Skopje and AD Power Plants of Northern Macedonia for the Alexand…
Electricity Transmission
Egypt, Sudan Stabilize Grid To Enable Power Export
Grid stability project to ensure energy security and lower emissions and also enable interconnection between the two countries
Electricity Transmission
Spain is Power Exporter to France for Third Quarter
Spain ended as a net power exporter to France for the third quarter in a row — something that had happened only once before in the past 20 years — in what may…
Power Construction
Brazilian Electricity Prices Under Pressure Due to Low Rainfall
Low annual rainfall in Brazil is restricting hydroelectric production, putting electricity prices under pressure and causing the need for more expensive thermoe…
Oil & Gas Trade
Russia’s Climate Change Doctrine in Focus at GECF Lecture
The Gas Exporting Countries Forum, the global platform of the leading gas producing nations, will be hosting the 51st edition of its GECF Gas Lecture Series on …
Oil & Gas Trade
Suez Canal Logjam Barely Impacts Russian Urals Exports, Says Energy Ministry
The Russian Energy Ministry said March 29 that the logjam in the Suez Canal has barely impacted exports of Russia's key crude grade Urals, which uses other deli…
Electricity Trade
Kyrgyzstan and Uzbekistan Reached a Power Swap Agreement
According to news from the Press Center of the Ministry of Economy and Finance of Kyrgyzstan, Kyrgyzstan and Uzbekistan recently reached an agreement on power s…
Thermal Coal
China’s Epic Sandstorm Lifts the Price of Coal that Caused it
Chinese thermal coal prices rose a fourth day for a 13% gain this month, and they remain stubbornly above the 600 yuan a ton mark that in the past has prompted …
Oil & Gas Trade
Sinopec Signs 10-Year Deal with Qatar Petroleum for 2 m tons of LNG
China Petrochemical Corp, or Sinopec Group, has signed a long-term purchase and sales agreement with Qatar Petroleum to buy 2 million tons of LNG from Qatar Pet…
Oil & Gas Trade
Fourteen U.S. States Sue Biden Administration over Oil and Gas Leasing Halt
In an attempt to challenge the pause on new oil and gas leasing on federal lands and waters, 14 U.S. states have filed lawsuits against President Joe Biden’s a…
Market Analysis
Russia Considers Qualifying Nuclear Energy as “Green” Source of Energy
On March 16, 2021, at the site of the Russian Ministry of Economic Development, representatives of VEB.RF, the Bank of Russia, the Ministry of Industry and Trad…
Oil & Gas Trade
China: Shenergy Group & Total Energy LNG Marketing Partnership
Total and Shenergy Group, the leading energy player in Shanghai, have signed binding agreements for the supply of up to 1.4 million tons per annum of LNG from T…
Crude Oil
Saudi Arabia Tops China’s Jan-Feb Crude Imports
Saudi Arabia remained the top crude supplier to China in the first two months of this year, Chinese customs data show.
Coal Trade
Severe Storms Disrupt Australian Coal Exports
Rail network manager Australian Rail Track has closed the Hunter Valley railway, halting coal deliveries to the 211mn t/yr capacity port of Newcastle in New Sou…
Oil & Gas Trade
India to Cut Saudi Arabian Oil Imports After OPEC Ignores India Demand
Weaker demand due to increasing Covid-19 cases or regular maintenance shutdowns may also contribute to lower purchase from Saudi Arabia in May, they said.
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