23 May 2022 PetroEcuador pulls back on field concession plan PetroEcuador will not concession the operations of some of its oil and natural gas assets as first planned last year by then minister of energy Juan Carlos Bermeo. Filter: Natural gas/LNG Oil products Latin America and Caribbean More filters
23 May 2022 EV sales doubled in 2021 but growth must continue: IEA Global sales of electric vehicles (EVs) — including fully electric and hybrid vehicles — doubled on the year in 2021 to a record 6.6mn and have remained strong this year thanks to sustained policy support, the IEA said today, 23 May. Filter: Emissions Metals Oil products More filters
23 May 2022 EU market welcomes India steel export duties The European flat steel market expects that the newly imposed duties on Indian exports will aid prices in finding a bottom and stabilising. Filter: Metals Europe More filters
23 May 2022 Brazil short-term power auctions set for December Brazil's mines and energy ministry authorized electricity regulator Aneel to hold power auctions in December for supply in 2023-2025. Filter: Power Latin America and Caribbean More filters
23 May 2022 Petrobras broadens upstream expansion plans Brazil's state-controlled Petrobras is moving away from the cost-cutting philosophy that shaped its investment outlook for the past five years, in a response to higher crude prices and lower debt levels. Filter: Crude oil Oil products Latin America and Caribbean More filters
23 May 2022 India’s steel exports likely to take hit on 15pc tax Indian steel exports are likely to decline in the current financial year as a result of the 15pc surprise tax levied by the government over the weekend, which will also weigh on the industry's capacity expansion plans and the 300mn t/yr capacity target by the end of the decade. Filter: Metals Asia-Pacific More filters
23 May 2022 Philippines’ SMPC looks to diversify coal exports The Philippines' sole large-scale commercial coal mining firm Semirara Mining and Power (SMPC) is eyeing a further diversification of its export destinations this year as a way to buffer itself from volatility in the international market. Filter: Coal Asia-Pacific More filters
23 May 2022 Nigeria's economic growth slowed in first quarter Nigeria's economy expanded by 3.1pc in the first quarter, slower than in the previous three months as oil production was curtailed, according to the country's national bureau of statistics. Filter: Crude oil Africa More filters
23 May 2022 US majors caught between duelling ESG agendas ExxonMobil and Chevron will face renewed calls to double down on climate commitments at shareholder meetings next week, just as a backlash against environmental, social and governance (ESG) pressures is building. Filter: Crude oil Emissions Natural gas/LNG Oil products North America More filters
23 May 2022 Indonesia’s Starlax denies UCO exports seized: Update Indonesian used cooking oil (UCO) supplier Starlax Energi Nusantara has denied that any of its containers were held by customs authorities earlier this year. Filter: Agriculture Bioenergy Fertilizer Asia-Pacific Europe More filters
23 May 2022 India’s HPCL lifts LPG, product sales in January-March Indian state-controlled refiner Hindustan Petroleum (HPCL) increased domestic sales of LPG and oil products to 10.26mn t during January-March, up by 4pc from a year earlier. Filter: Crude oil Oil products Chemicals Asia-Pacific More filters
23 May 2022 US-led Asia trade pact eyes clean energy, supply chains US President Joe Biden has announced a new economic framework deal for Asia-Pacific designed to boost investment in clean energy infrastructure, drive decarbonisation efforts and strengthen regional supply chains. Filter: Emissions Metals Asia-Pacific North America More filters
23 May 2022 Japan’s Toho Gas to start hydrogen supply by 2024 Japanese gas distributor Toho Gas plans to start delivering hydrogen produced from natural gas at a plant with an output capacity of 1.7 t/d in Chita, central Japan's Aichi prefecture, by 2024. Filter: Asia-Pacific More filters
23 May 2022 India on path to exit seaborne iron ore market Exports of iron ore from India are expected to fall to zero after the government imposed a 50pc export tax on all grades of the steelmaking raw material, effective from 22 May. Filter: Metals More filters
23 May 2022 Australia’s new government to usher in climate action Australia is heading for deeper greenhouse gas (GHG) emissions cuts and less support for the gas industry following the victory of the Labor Party in its federal election, with the future of the national coal industry dependent on how much influence the Green Party and independent candidates gain. Filter: Coal Emissions Natural gas/LNG Asia-Pacific More filters
