Italian oil major, Eni, has promised to lift the force majeure on the Ogoda/Brass 24 oil pipeline in Bayelsa State this week. Eni in an updated statement issued yesterday, said Continue Reading
Fujairah LSFO suffers brunt of sales drop Blending pool stocks hit by sanctions on Russia HSFO sales holding up The Port of Fujairah’s bunker sales slumped in February to their Continue Reading
Kazakhstan has banned the export of hard currency in amounts worth more than $10,000, as well as gold and silver bullion, as it attempts to stabilize a national currency battered Continue Reading
Japan’s gasoline prices at the highest level in 13 years is forcing the government to give the maximum amount of subsidies for oil refiners and also consider measures to lower Continue Reading
Last year, President Xi Jinping seemed all but invincible. Now, his push to steer China away from capitalism and the West has thrown the Chinese economy into uncertainty and exposed faint cracks Continue Reading
COVID-19 cases highest since beginning of pandemic Buyers bidding up to $20/mt lower than offers: sources Indonesian coal supply tight, providing floor to prices Chinese thermal coal demand is expected Continue Reading
The queues of container ships outside major Chinese ports are lengthening by the day as COVID-19 outbreaks in manufacturing export hubs threaten to unleash a fresh wave of global supply Continue Reading
China’s Jilin province was “in a last ditch battle” against COVID-19, according to a senior Communist Party official, as the northeastern region bordering North Korea and Russia accounted for three-quarters Continue Reading
China’s public health governance is expected to come under acute pressure in coming weeks as the biggest wave of COVID-19 cases since the 2020 Wuhan outbreak stretches medical resources, tests Continue Reading
Most Americans now support a resurrection of the Keystone XL oil pipeline project for carrying oil from Canada to the United States, a new poll showed after the U.S. banned Continue Reading
