2019-08-05 13:35:00
SAUDI ARABIA'S OIL FOR CHINA 1.74 MBD
BLOOMBERG - Signals from oil tankers last month suggest that Saudi Arabia is sending an ever-larger portion of its crude to China -- with the U.S. losing out.
Saudi Arabia's observed exports to China soared to 1.74 million barrels a day in July, the highest since Bloomberg began tracking the tanker shipments in January 2017. At the same time, the kingdom's shipments to the U.S. appear to have tumbled to 161,000 barrels a day, the lowest during that same period.
The divergence…
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Earlier:
2019, August, 2, 11:45:00
U.S., CHINA TRADE: $300 BLN AGAIN
The US will impose a 10% tariff on the remaining $300 billion worth of Chinese goods September 1, when trade talks between the two countries resume, President Donald Trump said Thursday.
2019, July, 31, 13:55:00
U.S., HORMUZ: HIGH PRICE
"I think Iran will look at it as a successful cost imposition to the adversary," "They're making all of the adversaries now rally forces, move them into the theater, put them at risk in the theater and pay for that presence at a very hefty price."
2019, July, 20, 13:15:00
OIL DEMAND IS SLOWING
The International Energy Agency (IEA) doesn’t expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, its executive director said on Friday.
2019, July, 8, 12:55:00
ARABIAN OIL DEMAND UP
OPEC+, as the enlarged group has come to be known, also sealed a long-term cooperation agreement “the Charter of Cooperation,” which aims to bring the 24 oil producing countries together to promote stability to a market that has been characterized by intense volatility in recent months.
2019, July, 5, 11:25:00
CHINA'S OIL GAS RULES DOWN
China has lifted restrictions on foreign investment in its conventional oil and gas upstream and city gas distribution sectors, in an attempt to boost resource development, and setting the stage to break the monopoly of national oil companies.
Chronicle:
2020, September, 25, 12:49:00
TANK FARMS AND OIL TERMINALS IN RUSSIA, CONFERENCE AND EXIBITION
We are glad to announce that the 15th Technical Conference Tank Farms and Oil Terminals: from Advanced Design to Operational Excellence 2020 is now open.
The event will take place on 12-13 November 2020, in Saint-Petersburg.
2020, September, 25, 12:45:00
GLOBAL RENEWABLE PERSPECTIVES & RISKS
Key risks for the renewables sector are reductions in direct subsidies and tax credits as observed in China, Europe, and the US, permitting barriers and a cloudier outlook for long-term electricity prices.
2020, September, 25, 12:40:00
GLOBAL ENERGY TRANSITION FOR CLIMATE
Several oil majors are charting a faster shift to cleaner energy.
2020, September, 25, 12:35:00
EUROPE'S CLIMATE TARGETS
These goals are appropriately ambitious, while also realistic and achievable. Climate change mitigation is not a luxury but a necessity if we want to avoid a climate crisis.
2020, September, 25, 12:30:00
THE NEW MICRO NUCLEAR
“Radiant is developing the first power generation system that can go anywhere,” company co-founder Doug Bernauer told
2020, September, 24, 12:35:00
OIL PRICE: BELOW $42 YET
Brent dropped 34 cents, or 0.8%, to $41.43 a barrel, WTI fell 37 cents, or 0.9%, to $39.56 a barrel.
2020, September, 24, 12:30:00
RUSSIA'S NUCLEAR FOR CLIMATE CHANGE
Russia has 36 nuclear power units in operation and three new ones under construction. In March, Russia's Ministry for Economic Development published a draft strategy for low-carbon development to 2050. The strategy's basic scenario would see nuclear output grow from 203 TWh in 2017 to 225 TWh in 2030 and 260 TWh in 2050. State nuclear corporation Rosatom's foreign orders include 36 units, which are at various stages of implementation.