Trade

Electricity Trade

Aba Power Raises Electricity Tariffs After NERC Approval

Aba Power Limited Electric, (APLE), a Nigerian electricity distribution company, has announced a more than 50 per cent electricity tariff hike for customers wit…

Oil & Gas Trade

Fuel Oil Leaks From Stranded Tanker Near Hokkaido Beach

The Sanwa Maru remains stranded on a reef about 20 meters from shore in Hakodate, Hokkaido, on Jan. 8.Fuel oil has leaked from a 3,919-ton tanker that ran agrou…

Electricity Trade

India’s 2024 Power Output Growth Is Slowest Since Pandemic, Data Shows

Men walk past electric pylons in Little Rann of Kutch in the western Indian state of Gujarat March 2, 2014.India's electricity generation grew at its slowes…

Electricity Trade

China’s Richest Regions Cut Electricity Prices to Protect Industries

More Chinese regions are cutting electricity prices to help out their embattled industries, which is likely to worsen the squeeze on profits at power suppliers.…

Electric Vehicles

Automakers to Pool CO2 Emissions With Tesla, Polestar to Meet EU 2025 Rules

The Tesla logo is seen on a car at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 27, 2024.Automakers facing tougher Europea…

Oil & Gas Trade

Austria’s OMV Agrees to Supply Romanian Gas to Germany, Sources Say

The logo of Romanian integrated oil company OMV Petrom is pictured outside its headquarters in Bucharest, Romania, March 28, 2019.Austria's OMV has struck a…

Oil & Gas Trade

Slovakia Says Gas Supply Meeting with Ukraine, European Commission Cancelled

Slovak Prime Minister Robert Fico attends a meeting with Russian President Vladimir Putin in Moscow, Russia December 22, 2024.A meeting between Slovak, Ukrainia…

Oil & Gas Trade

US Gulf Coast Fuel Oil Imports Hit Record Low as Latam Deliveries Slow

A view of the state oil company Pemex's Olmeca refinery in Dos Bocas, Paraiso, Mexico June 21, 2024.Fuel oil deliveries into America's largest refining …

Oil Price

Oil Prices Ease as Weak Economic Data Offsets Higher US Winter Storm Heating Demand

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices eased in volatile trade on Monday as some bearish economic news …

Natural Gas

US Natural Gas Prices Jump 9PC as Winter Storms Boost Heating Demand

US natural gas futures soared 9% in volatile trade on Monday as winter storms battered the eastern half of the country, causing output to decline as some oil an…

Oil & Gas Trade

Iran, Russia May Sign Transport and Gas Cooperation Agreement - Ambassador

An agreement on transport and gas cooperation between Iran and Russia may be signed during the visit of Iranian President Masoud Pezeshkian to Russia on January…

Oil & Gas Trade

Nigeria Imports 31.8m Litres of Petrol Daily to Bridge Local Refining Shortfall

Nigeria is currently importing about 79.5 per cent or 31.8 million litres of Premium Motor Spirit (PMS), popularly called petrol to bridge local refining shortf…

Oil & Gas Trade

Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US

Oil tankers dock at a floating platform, offshore from the southern Iraqi port cityThe US Energy Information Administration (EIA) announced on Saturday that Ira…

Oil Price

Oil Inches Lower in Thin Trade, Investors Eye China, US Data

Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to …

India

Petroleum Import Declines, Worth Rs. 101BN Imported in Five Months of FY 2024/25

The import of petroleum products has decreased during the first five months of the current fiscal year 2024/25.According to latest trade statistics of the Depar…