China has proposed import taxes of up to 25 percent on U.S. crude. as well as on liquefied natural gas and coal.
Read More »India to Invest Near $20 Billion in Renewable Energy Sector
India’s rising investments in the renewable energy sector has dovetailed with a fall in coal power investments and thermal power generation.
Read More »OPEC Oil Production Surges As Saudis Pump Near Record
The biggest OPEC producer. Saudi Arabia. pumped 10.63 million bpd in July.
Read More »UNIPEC Suspends U.S. Oil Imports amid Growing Trade Dispute
UNIPEC and Sinopec are Asia’s largest refiner and biggest buyer of U.S. oil.
Read More »Saudi Arabia would Resume Oil Exports through Red Sea Lane
Saudi Arabia halted temporarily oil shipments through the lane on July 26 after attacks on two big oil tankers.
Read More »Poland Buys more LNG. Reduces Reliance on Russian Gas
PGNiG has to buy certain amounts of gas annually from Russia under a long-term deal with Russia’s Gazprom.
Read More »Saudi`s July Oil Output at Around 10.290 mln bpd
Saudi Arabia pumped 10.488 million bpd of crude oil in June. an increase of 458.000 bpd from the production figure it submitted for May.
Read More »Heatwave Soar LNG Prices in Eastern Asia
China imported 23.81 million tonnes of LNG in the first half of 2018.
Read More »Top Asian Oil Customers Reduce Iranian Oil Imports to 7-Month-Low
Japan’s imports of Iranian oil increased by 10 percent in June compared to the same month last year.
Read More »Saudis Can’t Replace Iran Oil
Saudi Arabia’s stated spare capacity is actually lower than its actual spare capacity.
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