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Energy

Energy

China Energy places order to import Australian coal, sources say

portnews -
China Energy Investment Corp has placed an order to import Australian coal, three sources familiar with the matter said on Friday, in one of...
Energy

Oil prices post weekly loss amid worries on demand and global economic slowdown

portnews -
Oil prices posted losses at the end of the first trading week of 2023 as demand concerns continue to weigh on the market amid...
Energy

China’s Xi calls for greater cooperation with Turkmenistan on natural gas

portnews -
Chinese President Xi Jinping said on Friday he wants more cooperation with Turkmenistan on energy, Chinese state television reported. Turkmenistan, a Central Asian nation of...
Energy

Shale producer Pioneer expects OPEC to boost oil prices as Brent tumbles

portnews -
The Organization of the Petroleum Exporting Countries (OPEC) will likely take steps to boost oil prices, which started the year in free-fall, the chief...
Energy

China coal buyers may be left wanting in Australia even after ban lifted

portnews -
China is preparing to resume coal imports from Australia after a two year freeze as it looks to stave off a domestic shortage, but...
Energy

Asia spot prices ease in new year start as demand remains slow

portnews -
Asian spot liquefied natural gas (LNG) prices eased for a third straight week at the start of the year, on the back of slower...
Energy

Europe turns to Norway, US, Guyana, Saudi crudes in 2022 to fill Russian supply gap

portnews -
European refiners turned to crude grades from Norway, the US, Saudi Arabia, Guyana, and Azerbaijan in 2022 to plug the growing gap left by...
Energy

U.S. natgas eases to 1-yr low as warm weather causes worst start for year

portnews -
U.S. natural gas futures eased to a fresh one-year low on Friday on forecasts for warmer-than-normal weather and lower than usual heating demand to...
Energy

U.S. drillers cut most rigs in a week since Sept. 2021 – Baker Hughes

portnews -
U.S. energy firms this week cut seven oil and natural gas rigs in their biggest weekly decline since September 2021, energy services firm Baker...
Energy

Iraq’s oil earnings topped $115bln in 2022

portnews -
Iraq’s oil revenues in 2022 exceeded US$115 billion, figures announced by the oil ministry on Tuesday, showed. “The total revenue from the export of crude...
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