Trade

Oil & Gas Trade

US Slashes Nigerian Oil Imports by 11.67m Barrels

The United States slashed its imports of Nigerian crude oil to 9.37 million barrels in the first five months of this year, 11.67 million barrels lower than what…

Coal Trade

Japanese Business Lobby Pushes Coal-Friendly Policy

A study revealed that it has undermined the country’s climate change efforts.

Coal Trade

EU Coal Imports Continue to Fall in June

Net EU-27 thermal coal imports fell on the year for a 16th consecutive month in June amid weak consumption and prices in the Atlantic.

Russian Federation

Gazprom Neft profit slumps 80% in Q2

Russia's Gazprom Neft, the oil business of state gas company Gazprom, said weak oil prices had driven a near 80% slump in second-quarter net profit to 22 billio…

Oil & Gas Trade

Libya to Export Only Oil Accumulated in Terminals, LNA Says

Libya, following the resumption of the operation of oil facilities, will export only oil accumulated in port terminals, crude produced at deposits will not be e…

United States

Trump 'Postpones' US-China Trade Talks: Update

US President Donald Trump has again called into question the future of trade talks with Beijing, despite a recent surge in US crude shipments to China under the…

Oil & Gas Trade

US Eyes October Deadline to End Exemptions on Venezuela Oil Sanctions

The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still receive the S…

Oil & Gas Trade

Tehran Says Fuel Seized by US Belonged to Venezuela, Not Iran

Iran’s Foreign Minister, Mohammad Javad Zarif, has refuted allegations, saying that the vessels involved in what he described as an act of “piracy” were not …

Oil & Gas Trade

OPEC+ Seeks to Defend Oil-Market Gains as Demand Outlook Darkens

OPEC and its allies have achieved the oil-market equivalent of a high-wire act: increasing supply even as demand remains depleted, without crashing prices.

SPI Goes Fully Virtual as Las Vegas Trade Show is Cancelled

SPI, North America’s largest solar industry event, will now be fully virtual after the organisers cancelled an outdoor exhibition rescheduled for October.

United States

Trump Administration to Roll Back Curbs on Methane from Oil, Gas Operations

The EPA is expected to retain some of the rules issued in 2012 that control methane emissions and also limit those of so-called volatile organic compounds that …

Energy Storage Project

Canadian Solar Says There are ‘Significant Growth Opportunities in the Solar-Plus-Storage Market’

Canadian Solar has highlighted the increasing importance of adding energy storage to PV projects and the “significant growth opportunities in the solar-plus-st…

Oil & Gas Trade

Venezuela Looks To Ease Gasoline Shortage By Restarting Production Units

Venezuela’s state-owned oil firm PDVSA looks to restart another gasoline-producing unit soon, hoping to ease the gasoline shortages in the country.

Libya

Libya Suffers over $8 Billion Losses in Blockaded Oil Production

Libya has suffered over $8 billion in losses as a result of the oil blockade and the closure of oil wells by Khalifa Haftar’s forces in the past 200 days, the …

United States

US Clean Energy Job Recovery Stalled to a Trickle in July

The recovery of clean energy jobs in the US slowed a trickle last month as trade associations have warned it could take years for jobs to return in full without…