Trade

Coal Trade

Australia's Coal Exports by Volume Set to Rise on Asian Demand

Yanzhou’s Premier coal mine in Western Australia. (Image by Calistemon, Wikimedia Commons.)Australian coal exports are set to rise for at least the next t…

Oil & Gas Trade

Europe Spends Nearly Half Billion Euros for Azerbaijani Gas Imports

Europe's expenditure on Azerbaijani gas imports in April 2023 have reached nearly 490 million euros, Trend learned from Eurostat, the statistical office of …

Oil & Gas Trade

Chevron Offers to Sell Oil and Gas Properties in New Mexico, Texas

Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents seen by Reuters, as the U.S. oil major look…

Oil & Gas Trade

Average price cap forecasts fall as Ofgem revises definition of typical energy consumption

Prior to the upcoming introduction of the July Default Tariff Cap (price cap), Cornwall Insight is unveiling its latest predictions. Starting from October 2023,…

Oil & Gas Trade

Norway Approves $18.5BN Oil and Gas Projects on Norwegian Continental Shelf

According to the Norwegian Ministry of Petroleum and Energy, the greenlighted projects in the North Sea and the Norwegian Sea include new developments, further …

Oil & Gas Trade

Altera Shuttle Tankers Fixes Suezmax to Petrobras for Five Years

Altera Shuttle Tankers has sealed a deal with Brazil’s state-owned oil company Petrobras for the charter of its 2013-built suezmax Lambada Spirit.The company d…

Oil & Gas Trade

Petrobras' Green Venture: From Oil Giant to Hydrogen Exporter?

Petrobras, Brazil’s state-controlled oil giant, is setting its sights on the burgeoning hydrogen market. Mauricio Tolmasquim, Petrobras’ Director of…

Oil & Gas Trade

Investment of $75BN Needed to Reduce Oil and Gas Methane Emissions by 2030, IEA Says

Burning methane from oil production near Watford City, North Dakota. Fossil fuels made up nearly 82 per cent of the total global energy supply in 2022. APInvest…

Oil & Gas Trade

Vertex Announces First Commercial Sales of Renewable Diesel

Vertex Energy Inc., a leading specialty refiner and marketer of high-quality refined products, on June 26 announced that the company has completed its first ser…

Solar Cell

China's Solar Is Now at Twice the Capacity of Its Coal Power – Report

Solar is growing at 33.7% year-on-year and is now at twice the capacity of coal power in China, according to a new report.Solar and coal in ChinaToday, the Chin…

Net Zero

Study: Global Shipping Industry Can Halve Emissions by 2030 Without Scuppering Trade

The global shipping industry could cut carbon emissions by almost 50 per cent before the end of the decade with minimal cost increases, a new report claimsThe a…

Ammonia

Yara Clean Ammonia and Bunker Holding to Collaborate on Ammonia as Shipping Fuel

Yara Clean Ammonia (YCA), a subsidiary of Norwegian fertiliser company Yara International, and marine fuels trader Bunker Holding Group have signed a memorandum…

Oil & Gas Trade

Eni and vår Energi Paying $4.9 Billion for Neptune's Entire Oil & Gas Portfolio, Bar German Business

Italian energy giant Eni has inked a sale and purchase agreement to acquire Neptune Energy Group Limited while the oil major’s majority-owned Vår En…

Australia

OMV Petrom, Romgaz to Invest up to $4.4 Bln to Develop Romania Gas Project

OMV said Wednesday that its 51%-owned OMV Petrom and Romgaz will jointly invest up to 4 billion euros ($4.37 billion) to develop an offshore natural-gas project…

Oil & Gas Trade

Serbia Establishes Joint Gas Company With Hungary

President Aleksandar Vučić, President Katalin Novak, Prime Ministers Ana Brnabić and Viktor Orban attended the session of the Strategic Council of Serbia and…