01 December 2020 OECD moderates 2020-21 economic forecasts The OECD today again moderated its forecast for global economic contraction this year, but said that the rate of growth next year will be slower than it previously projected. Filter: Agriculture Bioenergy Coal Crude oil Power Emissions Fertilizer LPG/NGL Metals Natural gas/LNG Oil products Petrochemicals More filters
01 December 2020 Germany awards 4.79GW in coal capacity closure tender German market regulator Bnetza has awarded 4.79GW of coal-fired capacity closures in a first tender, which was significantly oversubscribed. Filter: Power Europe More filters
01 December 2020 Russia sees big role for hydrogen in energy plans Russia aims to utilise its vast fossil fuel resources, nuclear technologies and scientific expertise to become "one of the world's leaders in production and exports of hydrogen" by 2035, deputy prime minister Alexander Novak said. Filter: Coal Crude oil Natural gas/LNG FSU More filters
01 December 2020 BHP selects Shell for iron ore carrier LNG supply deal UK-Australian resources firm BHP has awarded a five-year LNG bunker supply contract to Shell to fuel five of its LNG-powered vessels carrying iron ore from Western Australia (WA) to China from 2022, following a tender process it issued last year. Filter: Natural gas/LNG Asia-Pacific More filters
01 December 2020 Covid-19 surge delays Hong Kong-Singapore travel bubble Singapore and Hong Kong have delayed the start of their air travel bubble until next year because of a rise in Covid-19 cases in the Chinese territory. Filter: Oil products Asia-Pacific More filters
01 December 2020 China plans carbon futures to help meet emissions goals China is strongly committed to launching a carbon futures market as part of efforts to meet its emissions-reduction targets, a top executive at the China Securities Regulatory Commission (CSRC) has said. Filter: Emissions Asia-Pacific More filters
01 December 2020 WFS charters newbuild methanol-fuelled tankers Waterfront Shipping (WFS), a wholly-owned subsidiary of Canadian methanol producer Methanex, has signed a long-term charter agreement with Japanese shipping firm NYK Line for two newbuild methanol-fuelled chemical tankers. Filter: Petrochemicals Asia-Pacific More filters
01 December 2020 Kuwait’s KPC agrees Japan crude storage deal Kuwait's state-owned KPC has agree to lease over 3mn bl of crude storage capacity in Japan, as part of a deal to optimise the company's supplies to Asia and increase Japan's energy security. Filter: Crude oil Asia-Pacific Middle East More filters
01 December 2020 South Korea’s LSFO demand rises on coal plant shutdowns South Korean utilities are seeking to import low-sulphur fuel oil (LSFO) as a power generation fuel after the government shut some coal-fired power plants to reduce winter air pollution. Filter: Oil products Asia-Pacific More filters
01 December 2020 Shell opens Subic oil import facility in Philippines Shell has opened an oil product import facility in Subic to strengthen its supply networks to the northern Philippines. Filter: Oil products Asia-Pacific More filters
01 December 2020 China’s Southern Rare Earth ups Tb, Ho, Gd, Dy prices Chinese medium and heavy rare earths producer Southern Rare Earth has continued to raise its weekly prices for terbium, holmium, gadolinium and dysprosium, supported by a shortage of spot supplies and firmer magnet demand. Filter: Metals Asia-Pacific More filters
01 December 2020 China-Europe freight costs threaten UCO trade into 2021 Heavy container congestion at Chinese and European ports has closed the used cooking oil (UCO) flexitank arbitrage on this trade route, with no reprieve on the horizon until next year's first quarter. Filter: Bioenergy Asia-Pacific Europe More filters
01 December 2020 Japan’s coking coal imports rise in October Japan's coking coal imports rose in October on a strong recovery in steel output, supported by increased manufacturing demand. Filter: Metals Asia-Pacific More filters
01 December 2020 Japan mulls Green Gold Label for biomass certification Japan is mulling the addition of Green Gold Label (GGL) certification scheme in the country's certification programme to ensure sustainability of its imports of palm kernel shell (PKS) and palm trunk, given the increasing use of the fuels and growing concerns over traceability and legality. Filter: Power Asia-Pacific More filters
01 December 2020 Southeast Asian LDPE prices rise with tighter supplies Southeast Asia's low-density polyethylene (LDPE) film prices have risen to new highs on the back of tighter supplies from global producers. Filter: Petrochemicals Asia-Pacific More filters
