05 August 2020 Citgo legal defense weighing on Maduro’s foes Venezuela's US-backed political opposition is running low on money to pay for the legal defense of Citgo, the head of a parallel board of state-owned PdV told opposition lawmakers today. Filter: Crude oil Oil products Latin America and Caribbean North America More filters
05 August 2020 Petrobras driving up Buzios crude flow Brazil's state-controlled Petrobras said it produced a record 615,000 b/d at the Buzios pre-salt field in July, exceeding the giant field's installed capacity of 600,000 b/d. Filter: Crude oil Latin America and Caribbean More filters
05 August 2020 PdV hoping to restart gasoline output next week Venezuelan state-owned PdV is hoping to resume limited gasoline production at its 140,000 b/d El Palito refinery next week pending the repair of distillation and alkylation units, according to an internal technical report seen by Argus . Filter: Oil products Latin America and Caribbean More filters
05 August 2020 Mexico’s PMI moves to spot fuel contracts strategy Mexican state-owned Pemex's trading subsidiary PMI plans to import more refined products through spot contracts rather than term deals, a cost-saving strategy that may also include paying with crude cargoes and avoiding cash payments. Filter: Oil products Latin America and Caribbean More filters
05 August 2020 Companies start withdrawing crude from US SPR Oil companies and traders have started to withdraw some of the 21mn bl of crude they added to the US Strategic Petroleum Reserve (SPR) months ago during a shortage of commercial storage options. Filter: Crude oil North America More filters
05 August 2020 US crude exports fell in June, China top buyer: Update US crude exports in June fell for the fourth straight month as efforts to combat the Covid-19 pandemic slashed global demand. Filter: Crude oil Asia-Pacific North America More filters
05 August 2020 US crude cargo to Saudi Arabia: Census Bureau The US has sent what appears to be its first ever crude cargo to key Opec producer Saudi Arabia, according to the US Census Bureau. Filter: Crude oil Asia-Pacific Middle East North America More filters
05 August 2020 US crude exports fell in June, China top buyer: Update US crude exports in June fell for the fourth straight month as efforts to combat the Covid-19 pandemic slashed global demand. Filter: Crude oil Asia-Pacific North America More filters
05 August 2020 Market urges lower gas transaction limit for NCG Participants in Germany's NCG gas market area suggest that allowing smaller volume transactions in futures markets, as well as merging the market with neighbouring hubs, could lift liquidity. Filter: Natural gas/LNG Europe More filters
05 August 2020 Ireland awards 1.3GW of renewables contracts The first Irish renewable electricity support scheme (Ress) auctions have awarded contracts for difference to 1.3GW of new wind and solar capacity. Filter: Power Europe More filters
05 August 2020 Global LNG deliveries fall again in July Global LNG deliveries fell on the year for the second consecutive month in July, mostly as a result of slower demand in Latin America and some of the largest importers in northeast Asia. Filter: Natural gas/LNG More filters
05 August 2020 Azerbaijan meets Opec+ quota Azeri crude production was unchanged from June at 553,800 b/d last month, in line with the country's commitment to the Opec+ agreement, according to preliminary data from state-owned Socar. Filter: Crude oil FSU More filters
05 August 2020 Asian appetite for North Sea Forties crude wanes Shipments of North Sea crude to Asia-Pacific dropped sharply in July, amid signs that appetite for key benchmark grade Forties is waning in China. Filter: Crude oil Europe More filters
05 August 2020 Tech sales recovery boosts metal, semiconductor demand A recovery in sales of smartphones and other consumer electronics is lifting consumption of key metals and components including semiconductors, with major manufacturers Samsung, Qualcomm and Apple all now pointing toward strengthening market conditions. Filter: Metals More filters
05 August 2020 Environmentalists bring Nord Stream 2 permit to court German environmental group Deutsche Umwelthilfe (DUH) has taken legal action against the country's Stralsund Mining Authority, requesting that it reconsider its decision to issue a permit for Russian state-controlled Gazprom's 55bn m³/yr Nord Stream 2 gas pipeline, otherwise it will ask for a court- Filter: Natural gas/LNG Europe FSU More filters
