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Trade
Oil & Gas Trade
U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia
The U.S. sent in June its first crude oil shipment to Saudi Arabia since the ban on crude export was lifted in 2015, which was also the first shipment since one…
Oil & Gas Trade
Ukraine to Increase Domestic Natural Gas Production
Ukraine’s largest natural gas producer, Ukrgasvydobuvannya, will increase domestic natural gas production, reduce the country’s dependency on imports and impr…
Germany
Bosch Signs Power Purchase Deals with RWE, Statkraft and Vattenfall
German technology company Bosch has signed three long-term power purchase agreements (PPAs) for electricity generated by RWE, Statkraft, and Vattenfall.
Oil & Gas Trade
US Firm Secures Oil Deal with US-Backed Forces in Syria
A U.S. company has reportedly reached a deal with Kurdish-led authorities in northeast Syria to develop and export crude oil in areas under their control in the…
Oil & Gas Trade
China’s Crude Oil Imports Drop From Record Highs
China’s crude oil imports are estimated to have dropped in July by 3 percent from June, but they were still much higher than the import volumes in July 2019.
Coal Trade
Indian Coal Mining Out of Bounds for Chinese Firms
A month after banning 59 Chinese apps and restricting Chinese firms from participating in bids for Indian government procurement.
Oil & Gas Trade
Ukraine Says no Plans to Resume Gas Purchases from Russia
Ukraine's state energy firm Naftogaz said it would not resume buying natural gas from Russia.
Electricity Trade
World Bank Programme to Enable Electricity Trade in West Africa
The World Bank Board of Directors approved a total of $300 million in International Development Association (IDA) credits and grants to support reforms that wil…
China
Why the Iran-China Oil Alliance is So Important
The steady rise in U.S. strategic competition with the People’s Republic of China over trade and the South China Sea already has so many dimensions that it is …
Oil & Gas Trade
US extends LNG Export Term to 2050
The Department of Energy is issuing a final policy statement that allows for US LNG exports to non-free trade agreement countries to be extended through the yea…
Netherlands
Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend
Royal Dutch Shell swung to a heavy net first-half loss, but paid a dividend as the Covid-19 crisis hammered oil and gas prices.
United States
Total Takes US$7-Billion Hit on Exposure to Canada's Oil Sands
Total SE announced an US$8.1 billion writedown after the push to curb carbon emissions and the coronavirus pandemic challenged assumptions about the viability o…
Oil & Gas Trade
Jet Fuel Crisis Will Hurt Oil Demand For Years To Come
A full recovery in jet fuel demand will probably have to wait until 2023, Bank of America (BofA) said in a recent commodities research report cited by The Natio…
Oil & Gas Trade
In the First Half of 2020, Uzbekistan's Natural Gas Production Fell by 17.1%
The National Statistics Committee of Uzbekistan said on Monday that from January to June this year.
Coal Trade
Mine Expansion Threatens German Villages Despite Coal Exit
Lost in the countryside of western Germany, the innocuously named L277 road has become a central battleground in a bitter fight over the country’s plan to ditc…
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