Energy

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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

First quarter global petroleum and liquid fuels consumption will fall by nearly 1pc in 2020 and demand growth will slow as worldwide travel stalls in response to a rapidly spreading coronavirus, according to the Energy Information Administration (EIA).
News ID: 8681    Publish Date : 2020/03/11

Iran’s Oil Minister Bijan Namdar Zanganeh expressed hope that his country will have a daily output of 1 billion cubic feet from the under-development phase 11 of the South Pars gas field, the world's largest gas reservoir.
News ID: 8668    Publish Date : 2020/03/11

Jean-Sebastien Jacques, CEO, Rio Tinto, will be meeting the federal and State Government ministers of Australia about to discuss on the future of Tomago Aluminium smelter.
News ID: 8593    Publish Date : 2020/03/06

Tension and uncertainty over Guyana's parliamentary election results have clouded the forecast for the country's emerging oil industry.
News ID: 8583    Publish Date : 2020/03/06

China's Guangzhou municipal government will offer a subsidy of 10,000 yuan/unit ($1,439) to new energy vehicles (NEVs) buyers during March-December this year to support the industry amid reduced demand caused by the coronavirus outbreak.
News ID: 8576    Publish Date : 2020/03/04

Iran and Libya — two of the three Opec member states exempt from the production agreement — have different opinions on the need to extend or deepen the cuts.
News ID: 8575    Publish Date : 2020/03/04

Opec+ countries plan to discuss a "new, substantial" cut in production this week and appear to have already reached an agreement to extend current quotas, Algerian energy minister Mohamed Arkab said today.
News ID: 8552    Publish Date : 2020/03/03

The Opec+ group will meet in Vienna this week as planned, despite growing concerns over coronavirus, Opec sources told Argus.
News ID: 8534    Publish Date : 2020/03/02

Officials announced that recent rainfalls in Iran have increased average precipitation for the water year in the country, raising water levels in dam reservoirs across the country.
News ID: 8528    Publish Date : 2020/02/28

Negotiations for the March paraxylene (PX) Asia Contract Price (ACP) have failed to settle for a third straight month because of a wide bid-offer gap amid a volatile market.
News ID: 8514    Publish Date : 2020/02/27

Crude oil prices gave up early gains and slid for a fourth day on Wednesday as fears of a coronavirus pandemic deepened as the outbreak spread in several countries outside China.
News ID: 8507    Publish Date : 2020/02/26

Global demand for LNG grew by 12.5% to 359 million tons in 2019, according to Royal Dutch Shell’s latest annual LNG Outlook, bolstering LNG’s growing role in the transition to a lower-carbon energy system.
News ID: 8494    Publish Date : 2020/02/25

In the Ludwig Frischhut iron foundry in Neumarkt-Sankt Veit in southern Germany, synthetic molding sand is processed using the latest generation of mixing tools.
News ID: 8482    Publish Date : 2020/02/24

Pakistan’s Special Assistant to Prime Minister on Petroleum Affairs Nadeem Babar said that his country is committed to broaden cooperation with Iran in the energy sector.
News ID: 8341    Publish Date : 2020/01/25

As it struggles with its energy needs, Iraq is set to hold a fifth bidding round for exploration and development of natural gas fields in an eastern province of the country.
News ID: 8337    Publish Date : 2020/01/24

Oil slipped towards $65 a barrel on Friday as the threat of war in the Middle East receded and investors focused on rising US inventories and other signs of ample supply.
News ID: 8278    Publish Date : 2020/01/10

The United Arab Emirates’ energy minister said on Wednesday he saw no immediate risk to oil passing through the vital gateway of the Strait of Hormuz after Iran attacked bases housing US forces in Iraq.
News ID: 8274    Publish Date : 2020/01/08

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