Energy

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With just three days remaining to the expiry of a 30-day US waiver to import Iranian gas and electricity, Iraq will struggle to drum up some $10 billion in investments over a four-year period to stop these imports at a time when US patience with OPEC's second-largest oil producer is wearing thin.
News ID: 9228    Publish Date : 2020/04/25

China will exempt the purchase tax on new energy vehicles (NEVs) for next year and 2022.
News ID: 9220    Publish Date : 2020/04/22

Major Chinese coal producers have set a floor price for domestic coal in a move to halt the aggressive and competitive price cuts they have been making since early this month. The decision for a floor price was made after oversupply and weaker power demand lowered coal prices more rapidly than expected.
News ID: 9189    Publish Date : 2020/04/20

New Zealand's sole refinery the 135,000 b/d Marsden Point plant is considering halting refining activity and becoming an oil product importer as part of a strategic review of its operations.
News ID: 9178    Publish Date : 2020/04/16

India is taking special steps to support renewable energy projects during the extended Covid-19 lockdown in a bid to stick to the country's broader goal of trimming its reliance on coal.
News ID: 9171    Publish Date : 2020/04/16

BP said it will provide access to its supercomputer centre in Houston and allow its scientists and experts, to help work aimed at halting the spread of Covid-19.
News ID: 9168    Publish Date : 2020/04/16

Oil prices rose more than 1% on Tuesday after the main US energy forecasting agency predicted shale output in the world’s biggest crude producer would fall by the most on record in April, adding to cuts from other major producers.
News ID: 9163    Publish Date : 2020/04/14

Republican US senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output.
News ID: 9128    Publish Date : 2020/04/12

The South Korean jet fuel differential has fallen to the lowest levels since at least 2008 amid weak domestic demand caused by the impact of Covid-19 and higher exports.
News ID: 9075    Publish Date : 2020/04/08

State-controlled Qatar Fuel's subsidiary Woqod has issued its third tender this year to import 12,000-15,000t of bitumen for delivery from 25 April to 5 May.
News ID: 9072    Publish Date : 2020/04/08

Lower refined products demand as a result of stay-at-home orders around the globe is reducing anode-grade green petroleum coke production and affecting some calcined coke supply.
News ID: 9070    Publish Date : 2020/04/08

Foundries in particular have immense potential to benefit from the diverse “IoT” opportunities of the future. In our industry, fast processes, strict monitoring of product development and avoidance of work hazards when dealing with hot material are important.
News ID: 9049    Publish Date : 2020/04/06

Mexico's government cut its estimate for the worth of a portfolio of long-awaited energy investment plans amid the lowest crude prices in years and the coronavirus pandemic.
News ID: 9048    Publish Date : 2020/04/06

China is sharply restricting the number of international flights it will allow in and out of the country as the global spread of the coronavirus threatens to trigger a rebound in cases.
News ID: 8872    Publish Date : 2020/03/26

Karel Oldenburger, General Manager, commented “If those piles have just been produced and lifted out, they have another dangling point. That is aluminium at its best.”
News ID: 8833    Publish Date : 2020/03/23

The US government has sanctioned another five companies it says are linked to petrochemical and oil purchases from Iran, taking to 12 the number of companies sanctioned in the last few days.
News ID: 8804    Publish Date : 2020/03/20

Conventional water treatment methods (filtration and disinfection) used in drinking water networks across the country are functioning as designed and prevent all waterborne pathogens, head of the Energy Ministry's crisis management department said.
News ID: 8769    Publish Date : 2020/03/17

Japan's energy demand is predicted to weaken over the next fiscal year starting 1 April as the spread of the coronavirus pandemic slows the country's economic activity.
News ID: 8763    Publish Date : 2020/03/18

The coronavirus pandemic has stoked concerns of a global economic recession as it spreads across the world, igniting one of the sharpest oil price plummets in the last 30 years and causing the biggest stock plunge on Wall Street since the stock market crash in 1987.
News ID: 8717    Publish Date : 2020/03/14

India's plans to add more coal-fired power plants and grow its renewable energy portfolio is facing a threat from the coronavirus outbreak, which has hit manufacturing and put further pressure on the economy.
News ID: 8699    Publish Date : 2020/03/12

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