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The Port of Long Beach
The Port of Long Beach is the premier U.S. gateway for trans-Pacific trade and a trailblazer in innovative goods movement, safety, environmental stewardship and…
Oil & Gas Trade
Iran Says U.S. Fails to Halt Iran's Oil Industry Development
Iranian Petroleum Minister Bijan Namdar Zanganeh said the United States has failed to exert pressures on Iran through sanctions against the country's oil indust…
Oil & Gas Trade
U.S. Oil Major Chevron Says Hopeful About Maintaining Venezuela Presence
U.S. oil major Chevron Corp said late on Friday it is optimistic about maintaining a presence in Venezuela even amid U.S. sanctions on the country and state oi…
Coal Trade
Analyst Says:The Global Thermal Coal Surplus to Aroud 19m Tonnes in 2019
The global thermal coal seaborne market faces a surplus of around 19m tonnes in 2019, in part due to a sharp downturn in demand, consultancy Perret Associates s…
LNG
South Korean LNG Imports Hit 2-year Low in September
South Korean LNG imports fell to their lowest monthly level since 2017 in September, tumbling 25% year on year, latest customs data showed.
Oil & Gas Trade
Russia: OPEC+ Deal Will Not Be Revised
OPEC and its Russia-led non-OPEC partners in the production cut pact are currently not discussing changing the terms of their agreement, Russian Energy Minister…
Oil & Gas Trade
Russia & Saudi Arabia Seal Major Deals & Sign OPEC+ Long-Term Cooperation Charter
Agreements include the charter for long-term cooperation between the Organization of the Petroleum Exporting Countries (OPEC) and non-cartel oil producers. Alon…
Coal Trade
China's Coal Imports in September Dropped 8.1% From Previous Month
Arrivals of coal, including thermal and coking coal, last month were 30.29 million tonnes, data released by the General Administration of Customs showed on Mond…
Techtronic Ind
The Power Equipment Division includes industrial power tools, accessories, hand tools, layout and measuring tools, outdoor products, and professional, consumer,…
Oil & Gas Trade
Iran Works to Reroute Oil Exports Away from Strait of Hormuz
The oil terminal project would allow Iranian tankers to bypass the Strait of Hormuz and load their oil cargoes at the Jask port terminal, east of the strait.
Oil & Gas Trade
Iran Accuses Saudi Arabia of Attack on Oil Tanker in Red Sea
Iran said missiles that struck one of its oil tankers in the Red Sea probably came from Saudi Arabia, marking the latest escalation in a tit-for-tat conflict be…
Oil & Gas Trade
EU New Climate Goals Mean Tougher Rules for The Gas Industry
Incoming commission president Ursula von der Leyen is expected to make a legally binding European goal to become carbon neutral by mid-century the centre piece …
Oil & Gas Trade
"Huge Fears" About Demand — Not Middle East Tensions — Are Weighing on Oil Markets
Global trade tensions and their potential impact on crude demand are more significant for oil markets than recent attacks on energy infrastructure in the Middle…
LNG
European Gas Market May Be Unable to Absorb The Ongoing Surplus of LNG
European gas prices are set to remain “weak” this winter with the market unable to absorb the ongoing surplus of LNG, which has led to an unprecedented number…
Coal Price
EU Thermal Coal Imports at Lowest This Century
Net EU thermal coal imports from countries outside of the region fell by 3.7mn t on the year to 5.5mn t in July. This was down from 5.7mn t in June and is the E…
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