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Trade
Oil & Gas Trade
U.S. will Import 62% more Crude by 2022 Due to Domestic Production Declines, Says EIA
Throughout much of its history, the United States has imported more petroleum than it has exported.
Oil & Gas Trade
China Is Fueling The Global Crude Oil Demand Recovery
The world’s top oil importer, China, significantly boosted its crude oil imports at the start of the year compared to the end of last year, helping to support …
Coal Trade
Japan Coal Imports Hit 13-Month High
Japan's coal imports hit a 13-month high last month, but although coal-to-gas switching economics should support coal consumption in the first half of 2021, ret…
Oil Price
Oil Falls Again as Opec and IEA Caution Ends Rally
Brent crude was down 0.8% at $60.67 a barrel on Friday
United States
US Renewables Trade Group Formally Launches
American Clean Power Association unveils new website and adverts showcasing the sector
Coal Trade
South African Campaigners Push for Faster Coal Exit in Presidential Commission
As president Cyril Ramaphosa launches an initiative to deliver net zero emissions, campaigners prepare to confront trade unions over coal
Coal Production
Pakistan Coal Imports Dip from 2020 Highs
Pakistan's January coal imports declined from highs in late 2020, while South Africa's share of the import mix dropped to a 45-month low.
Oil & Gas Trade
Nigeria's Crude Oil Exports Hit Three-Year Low
West Africa's oil exports slumped to the lowest level in at least three years last month as infrastructure woes for some of Nigeria's biggest streams combined w…
Oil & Gas Trade
Petrobras Opens 2021 with Record Oil Exports
Brazil's state-controlled Petrobras says crude exports through its Angra dos Reis terminal reached a record 19.3mn bl in January, the extension of an upward tre…
Crude Oil
Iraq Raises Crude Oil Exports In January
Iraq’s oil exports increased slightly in January 2021 compared to December 2020, data from the country’s oil ministry showed on Monday, suggesting that Iraq i…
Crude Oil
Belarus to Raise Export Duties on Oil
Belarus will raise export duties on oil and oil products for destinations outside the Eurasian Economic Union, on Feb. 1, 2021, the government said in a stateme…
Oil Exploration
Exxon and Chevron CEOs Discussed Potential Merger
Talks were "preliminary" and are not ongoing, but could be rekindled later.
Oil & Gas Trade
IMF Sees Oil Prices Averaging $50 In 2021
Oil prices are set to average $50 per barrel for 2021, rising by 20 percent from the average last year, but still well below the average for 2019
Coal Trade
German Coal Imports Fell for 6 Consecutive Years
The demand for coal in the German steel industry has fallen sharply, coupled with the continuous development of renewable energy, it is expected that in 2021.…
Coal Trade
Morocco Relying more Heavily on Russian Coal
Morocco's reliance on Russian coal imports increased in the first 11 months of 2020, as receipts from other sources fell sharply.
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