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Trade
Oil & Gas Trade
OnTurtle Makes Major Expansion With 88 Fuel Service Stations
OnTurtle, as part of its expansion plan developed together with its German supplier, BAYWA, has expanded its presence in Germany with 88 new fuel service statio…
Oil & Gas Trade
Sinopec Unit Sells Gas Pipeline Asset to PipeChina
China's new oil and gas pipeline company PipeChina has made its first purchase of gas infrastructure assets.
Oil & Gas Trade
Kuwait Heavy Oil Output to Hit 75,000 b/d by September
State-owned KPC's upstream arm KOC has been ramping up production from the South Ratqa heavy oil field and expects to reach its phase one plateau target of 60,0…
Oil & Gas Trade
Indonesia’s August Gasoline Imports Likely to Stay Low
Indonesia's gasoline imports are expected to remain low in August despite increasing driving activity in the southeast Asian country.
Coal Trade
Ukraine's Coal Imports in the First Half of 2020 Fall 18.4% Year-on-Year
Ukraine's coal imports were 8.6 million tons, down 18.5% year-on-year. Among them, coal imports from Russia and the United States accounted for 60% and 30% resp…
Coal Trade
South Korean 2H Coal Demand Faces Headwinds
Power sector coal demand in South Korea faces the dual headwind of rising nuclear availability and increasingly competitive gas prices.
Oil & Gas Trade
US Crude Floating Storage Shifts Toward Asia
Adds US crude export pricing context.
Oil & Gas Trade
Saudi Oil Exports Down by Nearly $12 billion Year-on-year in May
The value of Saudi Arabia’s oil exports dropped by 65% year-on-year in May, or a fall of nearly $12 billion, official data showed on Thursday.
Oil & Gas Trade
What’s Next For Oil And Gas?
Oil demand has been decimated by Covid-19, bottoming in April at 76 million barrels per day, down 25% from 102 million barrels per day in December 2019.
Oil & Gas Trade
Chevron CEO Michael Wirth on Why Noble Energy Deal is Good for Shareholders
Chevron will buy Noble Energy in a $5 billion stock-swap deal, valuing Noble at 7.6 percent above its Friday close.
Coal Trade
Europe Steams Towards Coal Exit
Europe’s long goodbye to coal is speeding up, in a transition smoothed by the rise of wind and solar power and energy policy that has priced the fossil fuel ou…
Oil & Gas Trade
Texas Oil Regulator Accuses Saudi Arabia and Russia of Dumping Crude on U.S. Markets
Urge the federal government to investigate and take appropriate action against Saudi Arabia and Russia for excessive crude dumping.
Oil & Gas Trade
Russia Delivers First Arctic Oil To Key Ally China
Ensuring a leading position in the exploration and development of the Arctic's huge gas deposits has long been a key part of President Vladimir Putin’s overall…
Coal Trade
Trump Administration Invests in ‘New Future’ for Coal
The U.S. Department of Energy announced on Friday it will provide $118 million in funding to support research and development of technologies to make coal power…
Oil & Gas Trade
Kuwait's Oil Sector Cancels Several Tenders & Projects to Cut Costs
Kuwait Petroleum Corporation and its subsidiaries have started to cancel a large number of unimportant tenders and contracts within the budget of the current fi…
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