Trade

Germany
German Hard Coal Imports Could Fall by 16-30% in 2020
Germany's imports of hard coal will likely decline by between 16 and 30 per cent in 2020, importers group VDKi forecast on Thursday.
United States
India to Create its First Overseas Oil Stockpile in US
India is moving to store oil in the US, the first time world’s third-largest oil guzzler is creating an emergency reserve abroad to take advantage of low price…
Mozambique
Total Secures $14.9 bn to Finance Mozambique Gas Project
French oil giant Total on Friday said it had signed a $14.9 billion financing agreement for a gas project in northern Mozambique.
China
Oil Down ith OPEC+ Signaling Production Cuts, While U.S.-China Tensions Rise
Oil was down on Thursday morning in Asia as OPEC announced the easing of production cuts after its Joint Ministerial Monitoring Committee meeting on Wednesday.…
Oil & Gas Trade
Tanker off UAE Sought by US Over Iran Sanctions ‘Hijacked’
An oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on July 5 off the coast of the United Arab Emirates.
Oil & Gas Trade
U.S. LNG Exports Will Fall to 25%
The average US LNG export volume in June was 3.6 billion cubic feet per day, and the average export volume in July.
Oil & Gas Trade
Venezuela Restarts Gasoline Output At Only Operating Refinery
Venezuela's state oil firm PDVSA has resumed gasoline production at the only operating refinery in the country home to the world's largest oil reserves that is …
Crude Oil
The Middle East Nation Reopening its Doors to Iraqi Oil
It will also serve to consolidate the Shia crescent of power falling across the region by dint of Iran, and its prime backers, China and Russia.
Crude Oil
Oil Rises Slightly Ahead of OPEC+ Meeting
Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June.
Electricity Transmission
Turkey's Karpowership Signs 5-Year Power Deal with Sierra Leone
Karpowership, one of the world's largest operators of floating power plants, has agreed a 5-year deal to provide electricity to Sierra Leone's state power utili…
Oil & Gas Trade
U.S. Ups Pressure to Push Venezuela Oil Exports to Zero
“What you will see is most shipowners and insurance and captains are simply going to turn away from Venezuela,”
Coal Trade
Indian Thermal Ccoal Imports at Major Ports Decline 35% to 17.71 MT in April-June: IPA
Thermal coal imports at India's 12 major ports dropped 34.70 % to 17.71 million tonnes (MT) in the first quarter of the current fiscal.
Oil & Gas Trade
Libya's NOC Blames UAE for Halt to Oil Output, Exports
Libya, with largest oil reserves in Africa, can produce 1.2 million barrels of crude oil per day.
Oil & Gas Trade
China Awards More Non-State Crude Import Quotas
China has issued a third batch of non-state crude import quotas for 2020, sending the amount awarded so far this year more than 10pc above the total for 2019.
Market Analysis
China Leads Global Efforts to Spur Trade
China is working with a number of countries to spur pragmatic economic, trade cooperation, boost goods trade volume and stabilize industrial chains to facilitat…

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Trade

German Hard Coal Imports Could Fall by 16-30% in 2020

India to Create its First Overseas Oil Stockpile in US

Total Secures $14.9 bn to Finance Mozambique Gas Project

Oil Down ith OPEC+ Signaling Production Cuts, While U.S.-China Tensions Rise

Tanker off UAE Sought by US Over Iran Sanctions ‘Hijacked’

U.S. LNG Exports Will Fall to 25%

Venezuela Restarts Gasoline Output At Only Operating Refinery

The Middle East Nation Reopening its Doors to Iraqi Oil

Oil Rises Slightly Ahead of OPEC+ Meeting

Turkey's Karpowership Signs 5-Year Power Deal with Sierra Leone

U.S. Ups Pressure to Push Venezuela Oil Exports to Zero

Indian Thermal Ccoal Imports at Major Ports Decline 35% to 17.71 MT in April-June: IPA

Libya's NOC Blames UAE for Halt to Oil Output, Exports

China Awards More Non-State Crude Import Quotas

China Leads Global Efforts to Spur Trade