The news follows German electric utility RWE’s announcement to close its 1.56GW coal plant in Wales next March.
Read More »Oil Demand Growth at Decade Low
Despite a further cut in oil demand growth by the IEA. oil prices are trading marginally higher.
Read More »China Might Not Buy American Oil
U.S. crude oil exports in total are up nearly 50% over a 12 month period.
Read More »The Mideast has Oil. China has Rare Earths
China accounts for 85 percent of the world’s production of rare earths.
Read More »IEA Cuts Oil Demand Growth Forecasts
OPEC and its allies have agreed to cut production by 1.2 million b d through to the end of the first quarter of 2020.
Read More »Gas Market Reforms Deliver Improved Trading Capabilities to Australia’s East-Coast
The Australian Energy Market Operator (AEMO) has today announced the successful launch of the Capacity Trading Platform (CTP) and Day Ahead Auction (DAA) market mechanisms. delivering improved trading capabilities.
Read More »AEMO’s Virtual Power Plant Trial Opens for Enrollments
The Australian Energy Market Operator (AEMO) today opened registrations for participation in its virtual power plant (VPP) demonstration program.
Read More »Saudi Arabia and US will Counter Maritime Threats in Arabian Gulf
The two side also discussed the oil market conditions and the Kingdom’s keenness to maintain its stabilities.
Read More »Oil Prices Steady. Trade War Remains in Focus
Tensions in the Middle East have heightened in the wake of attacks on tankers and U.S. drones.
Read More »China Considers Lifting Import Tariff Quota Control on Three Oil Products
Pressure has mounted on China to develop soybean importing channels after its trade relations soured with the US.
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