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23 October 2020

Venezuela military guarding sensitive oil transfer

The Venezuelan military is heavily guarding the gradual transfer of crude from an impaired floating storage vessel in the Gulf of Paria, making it difficult for concerned parties in Venezuela and nearby Caribbean islands to monitor progress.

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Crude oil Latin America and Caribbean

23 October 2020

US election 2020: Race to the bottom with Russia

It is obvious to any Kremlin watcher that Russian president Vladimir Putin would prefer that his US counterpart, Donald Trump, defeat the Democratic challenger, Joe Biden, in next month's US election, even though the Russian energy sector has little to gain from a second Trump term.

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Crude oil Natural gas/LNG Oil products FSU North America

23 October 2020

Mideast Gulf states wary of US reset

Saudi Arabia and the UAE would be far more comfortable if US president Donald Trump wins next month's election, fearful that the Middle East policies of a Joe Biden administration would look like a continuation of Barack Obama's.

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Crude oil Natural gas/LNG Middle East

23 October 2020

Trump seeks to redo ‘energy dominance’

President Donald Trump's pitch to voters for his first term was to bring the country back to a simpler era, with the idea to "Make America Great Again".

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Crude oil North America

23 October 2020

US lawmakers counter Mexican regulatory bias

Preferential treatment for Mexico's state-owned companies threatens US energy investment and may violate the two countries' free trade agreement, Texas' two senators and 41 other lawmakers told the White House.

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Crude oil Power LPG/NGL Natural gas/LNG Oil products Petrochemicals Latin America and Caribbean North America

23 October 2020

EU details Russian 'trade distortion'

The European Commission today published a lengthy report on "significant" government-driven distortions in Russia's economy, focusing on energy, steel, aluminium, chemicals and fertilisers.

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Fertilizer Metals Natural gas/LNG Petrochemicals Europe FSU

23 October 2020

EU details Russian 'trade distortion'

The European Commission today published a lengthy report on "significant" government-driven distortions in Russia's economy, focusing on energy, steel, aluminium, chemicals and fertilisers.

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Fertilizer Metals Natural gas/LNG Petrochemicals Europe FSU

23 October 2020

German renewables on track to reach 50pc this year

The share of German renewables output in the country's generation mix could be at around 50pc this year, supported by higher capacity, favourable weather conditions and lower demand owing to the Covid-19 pandemic.

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Power Europe

23 October 2020

Spanish industrial power demand recovers further

Spain's industrial electricity consumption continued to recover in September, when the year-on-year fall was the smallest in over two years, data from grid operator REE show.

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Power Europe

23 October 2020

Atlantic coking coal: Asia weakness weighs on US coals

US coking coal prices have continued to face downward pressure at the end of the week as Australian offers no longer exportable to China continued to make their way to buyers in the Atlantic, amid a steep decline in prices.

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Metals Europe North America

23 October 2020

Q&A: Brazil eyes alternative biodiesel feedstocks

After tight supplies of soybean oil forced Brazil to temporarily lower the biodiesel blend mandate late last year, there is a growing urgency to develop alternative feedstocks.

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Bioenergy Latin America and Caribbean

23 October 2020

Non-ferrous scrap exporters hesitant to ship to China

Non-ferrous scrap exporters across North America and Europe are in no rush to be first to ship directly to China again under the launch of the nation's long-awaited import policy next month, with some preparing sacrificial trial shipments and others anxiously watching.

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Metals Asia-Pacific Europe North America

23 October 2020

Trump attacks Biden on ‘transition’ from oil

President Donald Trump has seized on Democratic competitor Joe Biden's remark that he wants the US to "transition" from oil to renewables, as the incumbent president tries to bolster support in energy-producing battleground states such as Pennsylvania.

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Crude oil Emissions Natural gas/LNG Oil products North America

23 October 2020

Climate ministers to leave 55pc to EU leaders

EU climate ministers have decided to leave in "square brackets" part of the climate law establishing the proposed greenhouse gas (GHG) reduction target of 55pc by 2030, waiting for a "political" decision to be taken by EU leaders in December.

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Emissions Europe

23 October 2020

Second Covid-19 wave adds to European refiners' woes

Europe is becoming engulfed by a second wave of Covid-19, triggering fresh travel restrictions and pulling down transport fuel margins.

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Crude oil LPG/NGL Oil products Europe

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