Trade

Oil Price

Oil Treads Water Ahead of OPEC Meeting, Nonfarm Payrolls

Investing.com-- Oil prices moved little in Asian trade on Friday amid caution ahead of key labor data offering more signals on the Federal Reserve’s rate …

Biofuel

BP to Use Honeywell’s Ecofining™ Technology to Produce SAF at 5 Sites in Us, Europe and Australia

BP's Cherry Point refinery in Washington state, where a biofuels production facility is planned to help make SAF (Photo: Honeywell)Honeywell announced May 3…

Vietnam

TNB Inks Deal With Vietnam, Lao to Strengthen Asean Power Grid

TNB Renewables Sdn Bhd (TRe) Managing Director, Mohd Yusrizal Mohd Yusof (second left) exchanging documents with Saigon Gia Dinh Electric Joint Stock Company Ge…

Oil & Gas Trade

Saudi Diesel Imports From Russia, Exports to Singapore Hit Records

Leading crude exporter Saudi Arabia is maximising refining profits by importing unprecedented amounts of cheap Russian diesel and in turn shipping record volume…

Oil & Gas Trade

China’s Fuel Oil Imports Soar Due to Curbing Bitumen Blend Intake

China's independent oil refiners are ramping up fuel oil imports to process into gasoline and diesel amid robust refining margins as ongoing cargo inspectio…

Renewable Diesel

US to Keep Duties on Argentine, Indonesian Biodiesel Imports After 5-Year Review Process

The U.S. International Trade Commission determined May 25 that revocation of the existing antidumping and countervailing duty orders on biodiesel from Argentina…

Power Construction

Energy Deal Will Usher In New Avenues In Bangladesh-Nepal Relations – OpEd

Energy cooperation between Nepal and Bangladesh is one of the most promising areas of cooperation. Plans to make power an exportable good are outlined in Nepal&…

Coal Trade

Vietnam Braces for Power Crunch, Coal in Line for Boost

Vietnam could face summer power shortages owing to an expected drop in hydropower generation, state-controlled utility EVN said, potentially exacerbating the co…

Coal Trade

Coal India Trades Higher, Gives Over 30% Returns in a Year; Should You Invest?

Coal India Share Price Today: Coal India’s stock is currently trading at Rs 246.60, which is 2.03 per cent higher than previous day’s close. This in…

Oil & Gas Trade

Saudi Arabia Imports Russian Oil, Sends Its Own Supplies to EU

A report by Bloomberg shows that Saudi Arabia has become Europe's largest oil supplier as Riyadh buys record amounts of Russian crude oil for domestic use.S…

Oil & Gas Trade

GECF’s Secretary General Commends UAE for COP28 Leadership, Anticipates Resounding Success

Doha, QATAR – 28 May 2023: The Secretary General of the Gas Exporting Countries Forum (GECF), HE Eng. Mohamed Hamel, held a virtual meeting today with HE …

Green Hydrogen

EEX Publishes Hydrix, the First Market-Based Hydrogen Index for Transparency

EEX will present the initiative at the E-world trade fair in Essen.European Energy Exchange (EEX), continental Europe’s leading electric power and natural…

Crude Oil

Russia Ready to Support Gasoline Export Restrictions

Russia's Federal Antimonopoly Service (FAS) is ready to support restrictions on the export of gasoline if such a mechanism is proposed, the Interfax news ag…

Crude Oil

Saudi Oil Minister Warns Market Speculators to ‘Watch Out’ Ahead of OPEC+ Meeting

Saudi Oil Minister Prince Abdulaziz bin Salman on Tuesday told market speculators to watch out, reiterating his warning that they could face pain ahead.Speculat…

Oil & Gas Trade

Iraq, Russia Commit to OPEC+ Oil Production Cuts

A worker at Iraq’s Majnoon oilfield near the southern Iraqi city of Basra. Photo: ReutersBaghdad (IraqiNews.com) – The Iraqi Minister of Oil, Hayan …