04 March 2021 ExxonMobil hits third dry hole offshore Guyana US major ExxonMobil has hit a dry hole for the third time in four months in an otherwise successful campaign in prolific acreage offshore Guyana. Filter: Crude oil Latin America and Caribbean More filters
04 March 2021 Opec+ rolls quotas to April, Saudi extends cut: Update Opec+ members have agreed to roll over their current production quotas for a month — albeit with another exception for Russia and Kazakhstan — and Saudi Arabia has opted to extend its voluntary 1mn b/d cut for April. Filter: Crude oil More filters
04 March 2021 ArcelorMittal hikes coil offers for second time in week Leading European steelmaker ArcelorMittal has increased its hot-rolled coil (HRC) offer, customers told Argus today. Filter: Metals Europe More filters
04 March 2021 Nigeria to use FLNG for depleting oil field Nigeria has awarded a licence to install a floating liquefaction (FLNG) unit at its Yoho oil field to domestic infrastructure firm UTM Offshore, Nigerian legal firm Templars — which advised on the deal — said. Filter: Natural gas/LNG Africa More filters
04 March 2021 Global food prices reach near seven-year highs Global food prices soared to near seven-year highs in February, as strong demand for cereals and vegetable oil products continued to outpace thin supply from a weak global harvest. Filter: Agriculture More filters
04 March 2021 Hidroelectrica eyes hydrogen project with Verbund Romanian state-owned hydropower generator Hidroelectrica will seek approval from shareholders this month to sign an initial agreement with Austrian utility Verbund for the development of the Green Hydrogen and Blue Danube project. Filter: Power Europe More filters
04 March 2021 French Albioma expands biomass capacity in 2020 French renewable energy provider Albioma increased its biomass-fired capacity in 2020, despite delays to plant conversions as a result of the Covid-19 pandemic. Filter: Power Europe Latin America and Caribbean More filters
04 March 2021 Brazil restores lockdowns as pandemic escalates Brazil's most populous and wealthiest states are restoring lockdowns after Covid-19 hospitalizations and deaths set new records, trends that could prolong the country's economic contraction through the first half of 2021. Filter: Agriculture Bioenergy Crude oil Fertilizer Metals Oil products Latin America and Caribbean More filters
04 March 2021 Turkey ferrous: Price up on deals concluded yesterday The Turkish scrap import price increased today on two deals concluded yesterday at the same equivalent level but for different shipment periods. Filter: Metals Middle East More filters
04 March 2021 Opec+ rolls quotas into April including Saudi extra cut Opec+ members have agreed to roll over current production quotas for another month, with another exception for Russia and Kazakhstan, and Saudi Arabia has opted to extend its voluntary 1mn b/d cut into April, delegates said. Filter: Crude oil More filters
04 March 2021 Chinese solar glass makers up capacity as prices rise Chinese solar glass producers are accelerating their capacity expansion plans in response to a supply shortage that drove up prices in the second half of 2020. Filter: Metals More filters
04 March 2021 Q&A: CLH on prospects of SAF in the Spanish market Spain-based storage and logistics operator CLH and its subsidiary Exolum created the Avikor platform in 2020 which offers individuals and companies the possibility of reducing their CO2 emissions from flights through the use of sustainable aviation fuel (SAF). Filter: Bioenergy Oil products Europe More filters
04 March 2021 Saudi, Russia strike cautious tone before Opec+ meeting Saudi Arabia and Russia, the de facto heads of the Opec+ coalition, urged continued "caution and vigilance" ahead of today's group meeting, with a recent rally in oil prices taking them to more than 18-month highs. Filter: Crude oil More filters
04 March 2021 Johan Sverdrup crude exports fall in February Crude exports from the North Sea's giant Johan Sverdrup field fell by around 13pc on the month to 454,000 b/d in February, according to data from Argus and Vortexa. Filter: Crude oil Europe More filters
04 March 2021 OMV invests in glycerine-to-advanced biofuels plant Austrian refiner OMV will build a pilot plant at its 200,000 b/d Schwechat refinery to produce advanced biofuels using waste-based glycerine from 2023. Filter: Bioenergy Europe More filters
