Trade

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.
Crude Oil
Iran Claims it is Ramping up Oil Production to Pre-Sanctions Levels
Iran's output fell following US sanctions in 2018 over its nuclear ambitions
Oil Price
Price Dispute Shrinks Russia Oil Pipeline Exports
Exports of Russian Urals oil via the Druzhba pipeline have dropped this month as sellers opt for the sea route instead, following disagreements over pricing wit…
Oil & Gas Trade
Uzbekistan to Open up Electric Power, LPG Markets Amid Shortages
Uzbekistan exports natural gas, mostly to China, but it has experienced shortages this winter, prompting cuts to export shipments and discontent among household…
Nuclear Technology
US Awards Grant to Romania’s Nuclearelectrica for SMRs
The US Trade and Development Agency awarded a grant to Romania’s nuclear energy authority, Societatea National Nuclearelectrica.
Solar Company
UK Solar Trade Group Rebrands
The Solar Trade Association is rebranding at Solar Energy UK and will also incorporate energy storage into its remit.
RCEP
RCEP to Take Effect by End of This Year
The Regional Comprehensive Economic Partnership agreement is expected to take effect by the end of this year, enabling more than one-third of China's foreign tr…
Oil & Gas Trade
Algeria's Oil and Gas Exports and Output Down Around 10% in 2020
Overall energy output fell 10 per cent to 142 million tonnes of oil equivalent, hit by restrictions linked to the coronavirus pandemic, it said in a report.
Coal Trade
German Hard Coal Imports Could Fall by a fifth in 2021
The 2021 decline will mark the sixth consecutive year in which imports have dropped and brings the full-year result down to about half of the 57.2 million tonne…
Crude Oil
Global Oil Demand is Forecast to Increase by 5.9 million bpd in 2021 Amid Economic Recovery
The US supply forecast was revised up as oil prices trade higher, according to Opec
Coal Trade
Coal Exports from Port of Newcastle Strong Despite China's Ban on Australian Coal
While Australian coal remains off limits in China, the trade tensions have barely dented overall export figures from Australia's largest coal terminal, with pro…

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Trade

Belarus to Raise Export Duties on Oil

Exxon and Chevron CEOs Discussed Potential Merger

IMF Sees Oil Prices Averaging $50 In 2021

German Coal Imports Fell for 6 Consecutive Years

Morocco Relying more Heavily on Russian Coal

Iran Claims it is Ramping up Oil Production to Pre-Sanctions Levels

Price Dispute Shrinks Russia Oil Pipeline Exports

Uzbekistan to Open up Electric Power, LPG Markets Amid Shortages

US Awards Grant to Romania’s Nuclearelectrica for SMRs

UK Solar Trade Group Rebrands

RCEP to Take Effect by End of This Year

Algeria's Oil and Gas Exports and Output Down Around 10% in 2020

German Hard Coal Imports Could Fall by a fifth in 2021

Global Oil Demand is Forecast to Increase by 5.9 million bpd in 2021 Amid Economic Recovery

Coal Exports from Port of Newcastle Strong Despite China's Ban on Australian Coal