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Trade
Oil & Gas Trade
Japan Says Reached Oil Storage Deal with Kuwait
Under the deal, KPC can use storage tanks at refiner Eneos' Kiire base in southern Japan of Kagoshima as an export base for eastern Asia.
Coal Trade
Shakhtyorsk Coal Seaport Ships 10 million t of Coal
The coal seaport of Shakhtersk, one of the key assets of the Eastern Mining Co., has achieved a record coal shipment rate since the beginning of 2020.
Oil Price
OPEC Warns of ‘Immense Challenges’ as Talks on Oil Production Cuts Continue
OPEC warned on Monday that the “immense challenges” caused by the Covid-19 pandemic were likely to persist into 2021, as the group of oil producers continues …
CNOOC
Trump to Add China's SMIC and CNOOC to Defense Blacklist
The list is also part of a broader effort by Washington to target what it sees as Beijing’s efforts to enlist corporations to harness emerging civilian technol…
Coal Trade
Indonesia and China Strengthen Coal Investment and Trade Co-Operation
The Indonesian Coal Mining Association and China Coal Transportation and Distribution Association have signed a co-operation in a form of memorandum of understa…
Oil & Gas Trade
U.S. Ups Pressure to Push Venezuela Oil Exports to Zero
Under the increased pressure from the United States, the companies classifying ships are asked to check if vessels have participated in shipments to Venezuela.
China
China Hits 26 per cent of 2020 Target for U.S. Energy Imports under Trade Deal
China has accelerated imports of crude oil, propane and liquefied natural gas from the United States since July.
RCEP
RCEP Reaffirms Shift in World’s Economic Power Center
Trade is a natural extension of not being self-sufficient, and specialization through trade enhances the efficient production of goods and services that people …
Coal Trade
Beijing Mulls Allocating Extra 2020 Coal Import Quotas
Chinese authorities may allocate an additional 20mn t of coal import quotas for this year, according to multiple market participants, to help cope with firmer w…
LNG
Qatar Energy Exports Crash By 39%
Qatar’s total exports dropped by 35.5 percent year over year in the third quarter, dragged down by a 38.5-percent slump in exports of energy commodities and pr…
Oil & Gas Trade
Algerian Gas Exports to Drop by 4.7%, Energy Minister Says
Oil and gas revenues amounted to $33 billion in 2019 and is forecast to be $23 billion this year.
Oil & Gas Trade
China Issues Final Batch of Refined Fuel Export Quotas for 2020
The new issue brings the total fuel export quota this year to nearly 59 million tonnes, up from last year's 56 million tonnes.
Oil & Gas Trade
Azerbaijan Boosts Natural Gas Production, Export in Jan-Oct 2020
Azerbaijan increased gas production and export while reducing oil production and export in January-October 2020.
Oil & Gas Trade
CNOOC China Awards LNG Contract to Aramco Trading
China National Offshore Oil Corp has awarded a tender to buy liquefied natural gas from the trading arm of oil giant Saudi Aramco in Singapore through the Shang…
RCEP
RCEP TRADE PACT SIGNED: Dawn of the Asian Century?
After eight years of talks, China and fourteen other nations in the Asia-Pacific formally signed one of the world's largest regional free trade agreements, th…
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