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Global coal production to grow just 0.5% in 2020 – study
Global coal production is set to grow by just 0.5% in this year, as efforts to limit the spread of the coronavirus pandemic have hampered production in China, data and analytics firm GlobalData said on Thursday.
read more... 10/04/2020
Daily (09.04.2020): WTI crude jumps by over 6% on Wednesday, due to a potential supply cut agreement between OPEC and its allies.
Crude oil prices added ground on Wednesday, due to a potential supply cut deal this week between OPEC and its allies including Russia. Consequently, Brent crude rose by 3% to $32.84 a barrel. The news that U.S oil output was declining without government’s intervention also supported oil prices. As a result, WTI futures jumped by 6.2% to $25.09 a barrel.
read more... 09/04/2020
PGNiG sells first Klaipeda small-scale LNG cargoes
CRYO Shipping, a Norwegian LNG bunker fuel supplier, purchased both of the cargoes, according to a statement by PGNiG.
read more... 09/04/2020
Dutch to meet emissions target due to Covid-19 impact – ING
The Netherlands is likely to meet its target of cutting carbon emissions by 25% on 1990 levels by year end due to the impact of the coronavirus on industrial output, said Dutch banking group ING on Wednesday.
read more... 09/04/2020
EU reaches record high LNG imports in 2019
The EU imported the highest ever volume of LNG in 2019 at 108 billion cubic meters (bcm), marking 27% of total gas imports and 22% of the EU's gas consumption, according to the European Commission's (EC) report on the gas market.
read more... 09/04/2020