Trade

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…

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…