Trade

Coal Trade

Chinese Coal Traders Hunt for Short-Term Buys Amid Virus Disruption

Chinese coal traders and small coal-fired utilities are scrambling to lock in supplies of fuel from miners, worried about the prospects of market tightness as d…

Oil & Gas Trade

Russia Still Studying Proposed Deeper Opec+ Output Cuts: Novak

Russia is still studying proposed deeper oil output cuts by the Opec+ grouping of top producers prompted by the new coronavirus outbreak in China, Energy Minist…

Oil & Gas Trade

Gas Forum a Diplomatic Opportunity for Israel

A new international organization was born in the Mediterranean on January 15. In parallel to the joint statement by the Israeli and Egyptian energy ministers on…

Oil & Gas Trade

Indonesia to Stop Gas Exports to Singapore in 2023

The Energy and Mineral Resources Ministry has decided to stop gas shipments to Singapore in the next three years to cater to domestic demand.

Oil & Gas Trade

Algeria Seeks to Resume its Dominance in the Gas Market

While most of Europe fixated on the result of the UK General Election on 12 December 2019, Algerians also went to the polls in an equally hard-fought election r…

Oil & Gas Trade

U.S. Weighs Sanctions on Rosneft but is Wary of Oil Market Chaos

Officials at the Treasury Department worry that sanctions on Rosneft may drive up prices for oil, the people said.

Oil & Gas Trade

US DoE Aims to Double Oil and Gas Production Rates

Fossil energy secretary puts his faith in technological development to boost output and CCUS to ultimately reduce emissions.

Oil & Gas Trade

ExxonMobil Exports Second Crude Cargo from Guyana

Guyana’s second crude oil shipment left ExxonMobil’s Liza Destiny platform Wednesday and is heading to Panama.

Oil & Gas Trade

Sinopec Provides Free Natural Gas for Makeshift Hospital in Wuhan

China Petrochemical Corporation (Sinopec), China's largest oil refiner, started to provide free natural gas Tuesday for Leishenshan hospital, one of the makeshi…

Oil & Gas Trade

US says Cyprus has Key Role in East Med Energy

Washington believes Cyprus has a key role to play in East Med energy supply but warned all sides not to create further instability in the region as tensions run…

Nuclear Policy

Brazil, USA Promote Cooperation in Nuclear Energy

The USA is holding a trade mission to Brazil, and plans one to India this month, and to Poland and the Czech Republic in March.

Oil & Gas Trade

Petrobras Selling Offshore Field and Blocks in Brazil

Petrobras said on Monday that these transaction were in line with the portfolio optimization and the improvement of the company’s capital allocation, aiming at…

Oil & Gas Trade

Coronavirus could Push Global Oil Market into Surplus

Almaty. February 4. KazTAG - The coronavirus outbreak could curb oil demand growth if it continues to spread, leading to an extended production surplus as produ…

Oil & Gas Trade

Oil Bankruptcies Are Reaching Worrying Levels

Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and gas producers, oilfield services a…

Oil & Gas Trade

OPEC+ Considers 500,000 Bpd Cut In Emergency Meeting

The OPEC+ group of producers are said to be considering deepening the cuts by another 500,000 bpd, due to depressed oil demand amid the virus outbreak, OPEC and…