27 January 2021 Argus Live: Crude market uncertainty to stay The market uncertainty that characterised 2020 is here to stay, a panel of speakers discussing European crude trading trends told the Argus Crude Live virtual conference today. Filter: Crude oil More filters
27 January 2021 China’s 1Q power consumption may rise by 20pc Electricity consumption in most parts of China for the first quarter of 2021 may rise by 20pc from the same period last year, according to the country's largest utility State Grid Corporation of China (SGCC). Filter: Coal Asia-Pacific More filters
27 January 2021 Argus Live: Vitol says refining faces overcapacity Oil products demand will fall short of pre-pandemic levels in 2023-24, while the global refining industry faces "a wave" of new capacity coming online in the same period, trading firm Vitol's head of research Giovanni Serio told the Argus Crude Live virtual conference today. Filter: Crude oil Oil products More filters
27 January 2021 Argus Live: No full Europe product demand recovery: IEA The establishment of the European Green Deal and the introduction of national policies to curb greenhouse gas (GHG) emissions from the transport sector has laid the groundwork for the downturn in oil products demand in Europe, Joel Couse, special advisor of the IEA's Directorate of Energy Markets an Filter: Oil products Europe More filters
27 January 2021 BP defends Russia, Middle East oil presence BP's oil and gas investments in Russia and the Middle East fit into the company's view on "resilient hydrocarbons" as part of its transition plans. Filter: Crude oil Natural gas/LNG More filters
27 January 2021 Argus Live: Volatility to persist in Chinese oil market A persistent resurgence of Covid-19 infections will continue to drive uncertainty in the short term in China, even as new refinery openings are expected support the country's oil demand in 2021, delegates said at the Argus Crude Live virtual conference. Filter: Crude oil Asia-Pacific More filters
27 January 2021 Freeport expects Cu sales to rise by over 18pc in 2021 US-based mining firm Freeport-McMoRan's consolidated sales of copper products are estimated to reach a record high of 3.8bn lbs (1.72mn t) in 2021. Filter: Metals Asia-Pacific Latin America and Caribbean North America More filters
27 January 2021 India's IOC, NDMC partner on waste-to-energy plant Indian state-controlled oil firm IOC and North Delhi Municipal Corporation (NDMC) are joining forces to set up a waste-to-energy (WtE) plant at NDMC's Ranikhera, New Delhi landfill site. Filter: Bioenergy Power Asia-Pacific More filters
27 January 2021 Sinopec exports diesel from Jinling refinery Chinese state-controlled firm Sinopec has exported the first diesel cargo from its 380,000 b/d Jinling refinery this year. Filter: Oil products Asia-Pacific More filters
26 January 2021 PdV gasoline production stalls, diesel dwindles Venezuela's state-owned PdV shut down the 305,000 b/d Cardon refinery late on 24 January after repair crews failed to patch at least two ruptures in a subsea section of the Ule crude supply pipeline. Filter: Crude oil Oil products Latin America and Caribbean More filters
26 January 2021 US HRC: Prices flat for first time since August US hot-rolled coil (HRC) prices were unchanged this week as no transactions were heard and offers stayed at elevated levels, ending a 23-week streak of increasing prices. Filter: Metals North America More filters
26 January 2021 Security adds to Mexican fuel logistics costs Security measures such as private guards and satellite tracking systems protect Mexican tank truck companies from theft but also increase logistics costs, despite a government crackdown on fuel thieves, one transporter said. Filter: Oil products Latin America and Caribbean More filters
26 January 2021 Mexican fuel investment persists despite hurdles Permitting delays have held up planned spending in Mexico's fuel sector but investment will continue in 2021 despite low expectations for a break in the political logjam, market participants say. Filter: Oil products Latin America and Caribbean More filters
26 January 2021 China to invest in chip capacity to address shortages China's industry ministry has committed to work with domestic and overseas companies to increase investment in semiconductor production to ease ongoing supply tightness as demand has outpaced availability. Filter: Metals Asia-Pacific More filters
26 January 2021 ECB to supply HVO to Shell from new Paraguay plant Brazilian biofuels producer ECB Group has agreed to supply Shell with 500mn liters (8,616 b/d) per year of hydro-treated vegetable oil (HVO) green diesel from its biorefinery project in Paraguay. Filter: Bioenergy Latin America and Caribbean More filters
