03 February 2023 US rebar: Domestic pressured by weak demand US rebar remained steady this week, while the spread between domestic and imported rebar tightened. Filter: Metals North America More filters
03 February 2023 US lets more SUVs get electric vehicle tax credit President Joe Biden's administration will allow more models of "crossover" vehicles to be eligible for an expanded $7,500 electric vehicle federal tax credit, in a win for automakers. Filter: Crude oil Emissions Metals North America More filters
03 February 2023 Q&A: Braskem’s Voqen to search for gas opportunities Brazilian chemical company Braskem, one of the largest energy consumers in Brazil, started its own energy trading company, Voqen, to meet the needs of Braskem and market to other companies. Filter: Power Natural gas/LNG Latin America and Caribbean More filters
03 February 2023 Italian hydro stocks at surplus Italian hydropower stocks last week edged up to their highest in January, flipping to a year-on-year surplus for the first time in nine months, but hydro generation declined amid poor rainfall in the northern regions. Filter: Power Europe More filters
03 February 2023 Brazil wants to add 6,000km of power lines Brazil's mines and energy ministry MME recommended building an additional 6,000km (3,728 miles) of transmission lines to electricity regulator Aneel. Filter: Power Latin America and Caribbean More filters
03 February 2023 Three US steelmakers increase sheet prices Steelmakers ArcelorMittal USA, NLMK USA and Nucor have increased their flat-rolled steel prices by $50/short ton. Filter: Metals North America More filters
03 February 2023 US job growth surges, unemployment drops further The US economy generated nearly three times more nonfarm jobs in January than analysts expected as the jobless rate pushed to new lows, suggesting the Federal Reserve has more work to do to quash demand and bring down inflation. Filter: Coal Power LPG/NGL Metals Natural gas/LNG Oil products North America More filters
03 February 2023 UK-commissioned study confident on CO2 storage A UK government-commissioned study has indicated "a very high level of confidence in the long-term security of CO2 containment" in carbon capture and storage (CCS) on the UK continental shelf (UKCS). Filter: Emissions Europe More filters
03 February 2023 Equatorial Guinea names ex-GEPetrol head as oil min Equatorial Guinea's President Teodoro Obiang Nguema Mbasogo has named industry veteran Antonio Oburu Ondo as the country's new minister of mines and hydrocarbons as part of a cabinet reshuffle, according to sources. Filter: Crude oil Natural gas/LNG Africa More filters
03 February 2023 Poland sees no major disruption from Russian diesel ban Polish fuel distributors are not expecting any immediate disruption to the country's diesel supply on the back of the EU's upcoming ban on Russian oil product imports, according to the country's oil industry association Popihn. Filter: Oil products Europe More filters
03 February 2023 Iraq's PM shifts tone on foreign troops presence Iraqi prime minister Mohammed Shia al-Sudani has recalibrated his position on foreign troops inside Iraq, saying his government is in talks with the US-led international coalition about rearranging the relationship. Filter: Crude oil Middle East North America More filters
03 February 2023 India’s LPG imports rise on year in January: Vortexa India's January LPG imports rose by 19pc on the year to 2.21mn t, with the increase coming mostly from the Middle East, likely driven by a fall in state-controlled Saudi Aramco's contract price (CP) last month. Filter: LPG/NGL Asia-Pacific Middle East More filters
03 February 2023 Uniper's Fujairah refinery starts turnaround The 67,000 b/d refinery at Fujairah in the UAE has begun a maintenance turnaround. Filter: Oil products Middle East More filters
03 February 2023 Japan’s Yufutsu biomass power plant starts operations Japanese paper mill Nippon Paper and trading house Sojitz started commercial operations of the 75MW Yufutsu biomass-fired power generation plant on 2 February in Japan's northernmost prefecture of Hokkaido, taking advantage of Nippon Paper's biomass supply chain. Filter: Power Asia-Pacific More filters
02 February 2023 US lower Atlantic gasoline stocks rise to 11-month high Gasoline stocks in the US lower Atlantic coast rose to an 11-month high last week as steady shipments from the US Gulf coast and Europe persisted. Filter: Oil products North America More filters
