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05 June 2023

Alberta’s new face, Trudeau’s same problem

"More Alberta, less Ottawa." That phrase is not new in Canada's leading oil province, and its stance on federal meddling will remain intact following the ruling United Conservative Party's (UCP) re-election last week.

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Crude oil Emissions North America

05 June 2023

India's Tata plans Li-ion battery plant in Gujarat

Indian conglomerate Tata's subsidiary Tata Agaratas Energy Storage Solutions has signed an initial agreement with the Gujarat state government to set up a lithium-ion (li-ion) battery manufacturing plant.

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Metals Asia-Pacific

05 June 2023

Australia’s CER relinquishes 211,000 carbon credits

Australia's Clean Energy Regulator (CER) has paid back 211,000 Australian Carbon Credit Units (ACCUs) to the federal government, to "correct incorrect reporting of [CO2] abatement".

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Emissions Asia-Pacific

05 June 2023

India’s Epsilon, KRI sign battery material testing deal

Indian chemical manufacturer Epsilon Advanced Materials (EAMPL) and Japanese research firm KRI are planning a 100GWh battery materials testing facility in India, double India's target of 50GWh of lithium-ion cell and battery manufacturing capacity.

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Metals Asia-Pacific

05 June 2023

Malaysia sees surge in investments for EV sector

Malaysia is seeing a spate of investments into its electric vehicle (EV) industry, with the latest being Japanese firm NHK Spring's decision to expand its metal substrate production in Malaysia following Malaysia's latest trade mission to Japan.

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Power Asia-Pacific

05 June 2023

WTI’s inclusion in Brent has immediate impact

Including US WTI crude in the North Sea Dated basket appears to have had the desired effect of boosting the benchmark's underlying volumes and liquidity.

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Crude oil

05 June 2023

Japan’s Rengo to quit coal, turn to LNG for paper mills

Japanese packaging firm Rengo is planning to switch its in-house power generation fuel from coal to LNG for paperboard production, and aims to phase out coal consumption at all its local facilities by 2027.

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Coal Natural gas/LNG Asia-Pacific

05 June 2023

Australia’s Jan-Mar offshore oil, gas exploration falls

Australia's oil and gas exploration spending declined during January-March from a year earlier, as the country continued to prefer onshore to offshore exploration.

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Natural gas/LNG Asia-Pacific

04 June 2023

Saudis announce new 1mn b/d unilateral crude output cut

Saudi Arabia has pledged another "voluntary" cut to its crude production, this time a unilateral 1mn b/d reduction for July, with the option to extend.

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Crude oil

04 June 2023

Saudis plan new unilateral output cut: Opec+ delegates

Saudi Arabia is planning to commit to another "voluntary" cut to its crude production, this time a unilateral reduction, according to delegates at today's Opec+ meeting in Vienna.

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Crude oil

04 June 2023

Opec+ meetings delayed over baseline change plans

Today's meeting of the Opec+ Joint Ministerial Monitoring Committee (JMMC) has been delayed by several hours as discussions around reworking production baselines drag on.

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Crude oil

04 June 2023

Amid talk of cuts, Opec+ rollover still most likely

As the Opec+ alliance prepares to meet on Sunday, the talk among delegates in Vienna around the need for another cut to output quotas has been gathering pace.

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Crude oil

02 June 2023

Q&A: Brazil's GAS-RECs have potential

Brazil's natural gas certification sector has only started developing, with many natural gas-intensive industries eyeing GAS-RECs as a way to decarbonizing production, said Fernando Lopes , the director of Instituto Totum, which certifies Gas-RECs and I-RECs in Brazil.

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Natural gas/LNG Latin America and Caribbean

02 June 2023

Lula’s climate, integration goals face pushback

Brazilian president Luiz Inacio Lula da Silva is pushing his leadership on regional climate and economic integration goals, but the breadth of his policy ambitions is causing frustration for some people — at home and abroad.

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Bioenergy Crude oil Power Emissions Natural gas/LNG Latin America and Caribbean

02 June 2023

EC applies safeguards to all-origin auto-grade HDG

The European Commission's steel import safeguard measures will now apply to all-origin automotive-grade hot-dipped galvanised (HDG) coils, falling under the 4B category, a document obtained by Argus shows.

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Metals Europe

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