23 February 2021 Balkans could support Tap expansion The Balkans could underpin the future expansion of Azeri gas delivery capacity to Europe on the Trans-Adriatic pipeline (Tap). Filter: Natural gas/LNG Europe FSU More filters
23 February 2021 US bush/shred spread to shift March melt mixes A historically wide price differential between US prime and shredded scrap will likely cause mills to adjust their melt mixes to gradually favor more of the obsolete grade beginning in the March trade. Filter: Metals North America More filters
23 February 2021 Yemen’s Houthi rebels push on Marib oil region Having escaped most of the fighting in Yemen's six-year civil war, the Marib province faces a protracted battle as Houthi militants close in and threaten to take over the key oil producing region. Filter: Crude oil Natural gas/LNG Middle East More filters
23 February 2021 Iran eyes release of $1bn in frozen funds from Korea Iran said today that it hopes South Korea will release about $1bn of its funds frozen because of US sanctions, following a meeting between officials from both countries earlier this week. Filter: Crude oil Asia-Pacific Middle East More filters
23 February 2021 Transition to have limited effect on oil demand: Argus Any decline in global oil demand over the coming years will be slow, while crude prices are unlikely to rise unabated in the short term, delegates heard at the Argus crude forum held today during the IP Week conference. Filter: Crude oil More filters
23 February 2021 Veteran former Saudi oil minister Yamani dies at 90 Sheikh Ahmed Zaki Yamani, the long-serving former Saudi Arabian oil minister who led Riyadh through the 1973 Arab oil embargo and oversaw the nationalisation of Saudi Aramco, has died in London at the age of 90. Filter: Middle East More filters
23 February 2021 Low-carbon Al future needs government intervention Sentiment in the aluminium market is coalescing in support of making low-carbon aluminium a separately traded product as manufacturers increasingly push their green credentials. Filter: Metals Europe More filters
23 February 2021 Reliance details oil, petchem spin-off plan: Correction Indian private-sector conglomerate Reliance Industries (RIL) has started the process of spinning off its oil and petrochemical operations, as a step towards attracting outside investment. Filter: Crude oil Oil products Petrochemicals Asia-Pacific More filters
23 February 2021 India IOC offers spot gasoline as domestic demand falls Indian state-controlled refiner IOC has offered a gasoline cargo for export, against lower gasoline sales in the country. Filter: Oil products Asia-Pacific More filters
23 February 2021 High freight costs curb Asia-Pacific coal demand Rising costs because of a surge in dry bulk freight rates for Supramax and Panamax vessels, fuelled by strong Chinese grain import demand, are dampening demand for Australian and Indonesian coal. Filter: Coal Asia-Pacific More filters
23 February 2021 China raises PP exports on tight supplies overseas Chinese producers and trading firms increased exports of polypropylene (PP) homopolymer products after the 11-17 February lunar new year holiday because of a severe shortage of supplies in the western hemisphere. Filter: Petrochemicals Asia-Pacific More filters
23 February 2021 UAE, Qatari officials meet to repair ties Delegations from the UAE and Qatar met in Kuwait yesterday for a first round of bilateral talks aimed at repairing ties following the end of a 3½-year blockade on Qatar last month. Filter: Crude oil Natural gas/LNG Middle East More filters
23 February 2021 Concerns rise over SE Asian biodiesel feedstock quality Biodiesel and renewable diesel producers are becoming increasingly concerned about the quality of palm oil mill effluent (POME) feedstock from southeast Asia. Filter: Bioenergy Asia-Pacific Europe More filters
23 February 2021 Australia's Western Areas cuts Ni guidance again Australia's second largest independent nickel producer Western Areas has reduced its 2020-21 output guidance for the second time as a result of lower grades and operational issues at its Forrestania mining complex in Western Australia in July-December, the first half of its fiscal year. Filter: Metals Asia-Pacific More filters
23 February 2021 Oil Search rules out third train at PNG LNG Australian independent Oil Search said its partners in Papua New Guinea (PNG) are working on a four LNG production train plan, which means there is no proposal to add a third unit at the 6.9mn t/yr PNG LNG and the focus is solely on the development of the two-train 5.33mn t/yr Papua LNG. Filter: Natural gas/LNG Asia-Pacific More filters
