Highlights Plateau target reduced to 1.7 mil b/d from 2.1 mil b/d Field currently producing 1.4 mil b/d BP, PetroChina lead contractors Iraq has lowered the production plateau target of Continue Reading
The OPEC member is suffering a worsening political crisis. Libya’s state oil company suspended shipments from the key eastern port of Ras Lanuf, according to people familiar with the matter, Continue Reading
People walk past a China Energy coal-fired power plant in Shenyang, Liaoning province, China September 29, 2021. REUTERS/Tingshu Wang SHANGHAI, June 29 (Reuters) – China will reduce its industrial energy Continue Reading
Bloomberg News Travelers wanting to get into China will still need to contend with the intricate web of testing and bureaucratic requirements that underpin Covid Zero, tempering optimism that its Continue Reading
Russia’s invasion of Ukraine has driven up food prices around the world, but the situation is less grim in Asia. Thank rice. Following successive bumper crops, rice has emerged as Continue Reading
Highlights Q2 power burn trends at record-high 30.9 Bcf/d US coal exports in H1 2022 at highest since 2018 CAPP thermal coal prices hit record-high $175/st Rising US coal exports Continue Reading
The number of workers active in the Permian has dramatically increased since the invasion of Ukraine in late February. More oil workers are being trained to operate in the Permian, Continue Reading
U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation heads into the heat of summer and the peak hurricane Continue Reading
U.S. authorities have stopped a ship traveling from Russia to Louisiana with a cargo of fuel products, say people familiar with the matter. The Daytona tanker is owned by Greek Continue Reading
The American Petroleum Institute (API) reported a large draw this week for crude oil of 3.799 million barrels, while analysts predicted a draw of 110,000 barrels. The build comes as Continue Reading
