04 December 2020 China’s BYD raises NEV sales in November Chinese automotive manufacturer BYD sold more new energy vehicles (NEVs) in November compared with a month and year earlier, supported by rising sales of its newly launched Han model and growth in the auto market towards the end of the year. Filter: Metals Asia-Pacific More filters
04 December 2020 Q&A: SHFE accelerates its pace of internationalisation China's Shanghai international energy exchange (INE), a subsidiary of the Shanghai futures exchange (SHFE), launched its yuan-denominated bonded copper futures contract on 19 November , which will be open to foreign investors. Filter: Metals Asia-Pacific More filters
04 December 2020 Woodside pre-empts ONGC on Senegal's Sangomar Australian energy firm Woodside Petroleum has pre-empted Australian independent Far's plans to sell to Indian state-controlled upstream firm ONGC a 13.67pc stake in the 100,000 b/d Sangomar oil field offshore west Africa's Senegal. Filter: Crude oil Africa More filters
04 December 2020 Thailand’s PTTEP targets higher petroleum sales output Thai state-controlled upstream firm PTTEP is targeting average sales as high as 466,000 b/d of oil equivalent (boe/d) during the next five years, despite largely restrained spending plans. Filter: Crude oil Natural gas/LNG Asia-Pacific More filters
04 December 2020 Shanghai bitumen futures supported by crude Bitumen futures traded on China's Shanghai futures exchange (SHFE) rose by another 56 yuan/t ($8.55/t) this week, bolstered by stable to firm crude prices. Filter: Oil products Asia-Pacific More filters
04 December 2020 Australian Metropolitan coal mine shutting for 2 months US energy firm Peabody Energy will close its 1.8mn t/yr Metropolitan coking coal mine in the Illawarra region of New South Wales (NSW) from early January to the end of February, as export orders dry up with China's import ban on Australian coal and domestic contracts end. Filter: Coal Asia-Pacific More filters
03 December 2020 Argentina draws 16 bids for subsidized gas supply Argentina received bids from 16 companies in a path-breaking auction to supply more than 70mn m3/d of natural gas at subsidized wellhead prices for power generation in 2021-24. Filter: Natural gas/LNG Latin America and Caribbean More filters
03 December 2020 USEC ferrous scrap exporters tap alternative outlets Renewed ferrous scrap demand throughout Latin America, North Africa and Europe has allowed US east coast bulk exporters to shift volumes away from Turkey toward higher-priced alternative markets. Filter: Metals Europe Latin America and Caribbean North America More filters
03 December 2020 Peru to draw up energy transition roadmap Peru's new interim president Francisco Sagasti is aiming to develop an energy transition roadmap before he leaves office in July 2021. Filter: Crude oil Power Emissions Natural gas/LNG Latin America and Caribbean More filters
03 December 2020 Opec+ agrees to gradual production rise: Update The Opec+ alliance has agreed to increase its collective crude production by 500,000 b/d in January, with any subsequent output adjustments to be decided at monthly ministerial meetings. Filter: Crude oil More filters
03 December 2020 Brazil’s Vale expects copper, nickel production growth Brazilian mining firm Vale aims to expand its production of copper and nickel, with the former estimated to hit 500,000 t/yr by 2025, amid growing clean energy demand. Filter: Metals More filters
03 December 2020 IEA says Covid-19 weighs on energy efficiency progress Global progress towards energy efficiency hit its slowest in 10 years, the IEA's executive director Fatih Birol said today, adding that the impact of the Covid-19 pandemic led to reduced investments. Filter: Oil products More filters
03 December 2020 Opec+ agrees to gradual production rise: Resend The Opec+ alliance has agreed to increase its collective crude production by 500,000 b/d in January, with any subsequent rises in output to be discussed at monthly ministerial meetings. Filter: Crude oil More filters
03 December 2020 Turkey-China export rebar spread vanishes The spread between Turkish and Chinese steel rebar export prices narrowed in November, causing Argus' assessment for fob Turkey rebar actual weight basis to rise above its fob China rebar theoretical weight assessment yesterday. Filter: Metals More filters
03 December 2020 Tight availability supporting European LDPE pricing LDPE fundamentals in Europe are being strongly supported by reductions in domestic production and good domestic and export demand as Europe remains on the lower end of the global pricing spectrum. Filter: Petrochemicals Europe More filters
