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Trade
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…
Coal Trade
German Coal Moves Ahead of Gas for February
A spike in German NCG gas prices in recent sessions has depressed clean spark spreads for February, pushing more coal ahead of gas in the merit order.
Coal Trade
US 2021 Coal Production Expected to Rise 15.6% on Year: EIA
The US is estimated to produce 602.6 million st of coal in 2021, the Energy Information Administration said in a Jan. 12 report, lowering its estimate from a mo…
Oil & Gas Trade
Iran: Foreign Oil Firms Must Accept New Terms To Work In Country
Foreign energy firms and contractors have to accept Iran’s new terms and conditions if they return to work in the country, Iran’s Oil Minister Bijan Zanganeh …
Oil & Gas Trade
China Trade War on Itself Sends LNG Prices Mad
Strong consumer demand, lower-than-expected temperatures across northeast Asia and a severe shortage of prompt LNG supplies and spot tanker availability have co…
Crude Oil
Floating Oil Storage Shrinks Amid Robust Asian Demand
Global floating oil storage declined at a fast pace in December as traders sold crude held on tankers in the absence of price incentives to store it and in orde…
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