Trade

Oil & Gas Trade

EVs on Course to Replace 40 Per cent of Demand for Oil in Next 25 Years

The paper argues these shifting economics mean it will soon make little financial sense to produce oil for petrol and diesel cars in the coming decades, when EV…

Oil & Gas Trade

Australia is Eyeing off the United States' Tightly Guarded Fuel Reserve

"The Government is in the early stages of very constructive discussions with the United States about the potential to access their strategic petroleum reserve, …

Carbo One

Carbo One is a global international trader of multi-origin material with diversified distribution channels. The company offers all coal grades as well as qualit…

Oil & Gas Trade

Crude Oil Futures were Lower During Mid-Morning Trade in Asia

Crude oil futures were lower during mid-morning trade in Asia Monday as markets remained concerned on the impact of the ongoing trade tensions between the US an…

Global Energy Transition at Risk From US-China Trade War

Cooperation on the world stage is critical for minimizing climate change, but it’s in short supply right now, says Wood Mackenzie’s 2019 Energy Transition Out…

Oil & Gas Trade

​Iran Said Seized A Foreign Oil Tanker in the Persian Gulf

Iran said Sunday it has seized a foreign oil tanker in the Persian Gulf for allegedly smuggling fuel, according to the official IRNA news agency.

Oil & Gas Trade

​Saudi Arabia Is Exporting Ever-Larger Portion Crude to China -- With the U.S. Losing Out

Saudi Arabia’s observed exports to China soared to 1.74 million barrels a day in July, the highest since Bloomberg began tracking the tanker shipments in Janua…

Oil & Gas Trade

Oil Prices Nosedive 8% on Trump Tariff Threat

Trump's vow to impose a 10% tariff on another $300 billion of US imports from China is worrying investors that a severe economic slowdown could eat into demand …

Oil & Gas Trade

Oil Slumps 7% As Trump Annouces Additional Tariffs on Chinese Imports

Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four years, after President Donald Trump said he would…

Oil & Gas Trade

Decision to Sanction Iranian FM is Latest Blow by President Donald Trump

Iran accused the United States on Thursday of "childish behaviour" driven by fear after Washington imposed sanctions on its foreign minister, escalating tension…

Coal Trade

Wescoal Has Entered Into a Long-Term Coal Supply Agreement with Eskom

JSE-listed coal miner Wescoal has entered into a long-term coal supply agreement with Eskom to supply coal for the next 10 years from its Greenfield development…

Oil & Gas Trade

Due to US Sanctions of Iran Export Oil, Turkey's Energy Security will be Crucial

Turkey is aiming to become a $1 trillion economy by 2023. If the story of the country’s economic development is to continue, its energy security will be crucia…

U.S. Ethanol Industry Nearing Breaking Point

The U.S. ethanol industry is about to break under the weight of the Trump Administration's trade war with China and the surge in the number of small refineries …

Oil & Gas Trade

BP Said "Certainly Not Sending British Ships and Crews" Through the Strait of Hormuz

BP plc, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in fear it could be targeted by Iranian forces, is avoiding …

Oil & Gas Trade

Diesel Fuel Spill Occurs Offshore Chile

Chile is investigating a 40,000-liter diesel oil spill on an island on the far southern coast of Chilean Patagonia, the navy said on Saturday.