Trade

Hydrogen Fuel Cell
Hyundai to Export Hydrogen Fuel Cell Tech
The Ministry of Trade, Industry and Energy announced Monday that it has approved Hyundai Motor’s export of hydrogen fuel cell technologies.
Oil & Gas Trade
African Oil Producers to Readjust Fuel Production in Line with OPEC Advisory
APPO members have committed to cutting daily oil production to 10 million barrels a day, with effect from May 1 2020.
Oil & Gas Trade
Saudis to Sell 600,000 bbl of Oil a Day to the U.S. in April
Saudi Arabia is set to sell about 600.000 barrels a day of crude to the U.S. in April, the highest volume in a year, according to a Saudi industry official fami…
Oil & Gas Trade
Saudi Aramco to Supply Full May Crude Volumes to Asian Refiners
Saudi Arabia, the world's largest oil exporter, has notified some refiners in Asia that it will supply full contractual volumes of crude in May.
Coal Trade
Decommissioning coal – an opportunity for energy storage?
Coal has underpinned power generation for more than a century as a cheap, reliable and well understood technology, writes IHS Markit analyst George Hilton.
LNG
China's GCL, Shell Sign Preliminary Deal on LNG Trading Joint Venture
A joint venture has been set up in eastern China to promote and trade liquefied natural gas (LNG).
Coal Trade
Ukraine to Hit Russian Coal With 65% Tariff in Effort to Reduce Energy Dependence
The Ukrainian government will today introduce a new duty of 65% on coal imports from Russia.
Oil & Gas Trade
Is Saudi Arabia Restarting The Oil War?
Saudi Arabia’s oil giant Aramco has just announced the pricing for its oil for May, with deeper discounts for customers in Asia for the second month in a row, …
Oil & Gas Trade
Crude Cuts: Nigeria to Earn $10.61bn in Eight Months
Nigeria may earn about $10.61bn from crude oil sales between May and December this year following latest decision by members and non-members of the Organisation…
Oil & Gas Trade
Here Is The "Secret Weapon" That Allowed Tiny Oil Producer Mexico To Defy Giant Saudi Arabia
Mexico's annual spending on its hedge with Wall Street banks is shown in the chart below.
Oil & Gas Trade
Trump Confirms U.S. Will Help Mexico Out With Production Cuts
U.S. President Donald Trump on Friday confirmed that the United States would “help Mexico along” in achieving the production requests that OPEC+ has asked it …
Oil & Gas Trade
Iran doesn't Agree with Holding OPEC+ Meet Without Clear Outcome
Iran’s Oil Minister, Bijan Zanganeh, said his country does not agree with holding any OPEC+ meeting in the absence of a clear proposal and expected outcome fro…
Oil & Gas Trade
Gas Prices Drop in West Virginia as Demand Hits Nearly 30-Year Low
AAA reports that the average price of gasoline across northern West Virginia is 5 cents cheaper this week at $1.851 per gallon.
Oil & Gas Trade
Trump Says 'Doesn't Care About OPEC', Will Put Tariffs on Oil Imports If He Has to
President Donald Trump said on Saturday that he "does not care about OPEC" and that he will put tariffs on oil imports to the United States if he has to in orde…
Crude Oil
Fuel Consumption Sees Drastic Drop
Despite petrol bunks having remained open during the lockdown period, the consumption of diesel and petrol has come down drastically.

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Trade

Hyundai to Export Hydrogen Fuel Cell Tech

African Oil Producers to Readjust Fuel Production in Line with OPEC Advisory

Saudis to Sell 600,000 bbl of Oil a Day to the U.S. in April

Saudi Aramco to Supply Full May Crude Volumes to Asian Refiners

Decommissioning coal – an opportunity for energy storage?

China's GCL, Shell Sign Preliminary Deal on LNG Trading Joint Venture

Ukraine to Hit Russian Coal With 65% Tariff in Effort to Reduce Energy Dependence

Is Saudi Arabia Restarting The Oil War?

Crude Cuts: Nigeria to Earn $10.61bn in Eight Months

Here Is The "Secret Weapon" That Allowed Tiny Oil Producer Mexico To Defy Giant Saudi Arabia

Trump Confirms U.S. Will Help Mexico Out With Production Cuts

Iran doesn't Agree with Holding OPEC+ Meet Without Clear Outcome

Gas Prices Drop in West Virginia as Demand Hits Nearly 30-Year Low

Trump Says 'Doesn't Care About OPEC', Will Put Tariffs on Oil Imports If He Has to

Fuel Consumption Sees Drastic Drop