26 May 2020 China’s Haoji coal logistics boosted by rail connection A transit station on China's Haoji railway, a major rail line that carries coal from north to south, reopened for coal deliveries today after undergoing an upgrade to better serve central and southwest China. Filter: Coal Asia-Pacific More filters
26 May 2020 Idemitsu shuts CDU at Yokkaichi refinery Japanese refiner Idemitsu Kosan has been forced to shut one of the two crude distillation units (CDUs) at its 255,000 b/d Yokkaichi refinery following an issue at a secondary unit. Filter: Crude oil Oil products Asia-Pacific More filters
26 May 2020 Fortescue drops legal case against Argus Australian mining giant Fortescue Metals Group (FMG) has withdrawn a legal case against Argus , in which it sought to prevent the publication of information about low-grade iron ore prices. Filter: Metals More filters
26 May 2020 Cisa mills lift mid-May steel output to near record China iron and steel association Cisa member mills increased steel output in mid-May to the second-highest level for data going back five years. Filter: Metals Asia-Pacific More filters
26 May 2020 Rare US ethanol cargo unloads in China: Correction A shipment possibly containing fuel-grade US-origin ethanol arrived yesterday at Yizheng in east China's Jiangsu province, after the SC Chongqing loaded 8,700t in Oman's Sohor on 28 April, according to oil analytics firm Vortexa. Filter: Bioenergy Asia-Pacific North America More filters
26 May 2020 Russia sees oil market rebalance in June-July The Russian energy ministry expects the global oil market to return to balance in June-July, with energy minister Alexander Novak estimating that the current global crude surplus has fallen to 7mn-12mn b/d. Filter: Crude oil FSU More filters
26 May 2020 Singapore’s April base oil exports fall Singapore's base oil exports slumped in April to their lowest in more than nine years, following a similar decline in shipments in March. Filter: Oil products Asia-Pacific More filters
26 May 2020 Air New Zealand sees 2019-20 losses on hedges: Update Air New Zealand expects to incur losses of between NZ$85mn-105mn ($52mn-64mn) from its fuel hedges in the 2019-20 fiscal year to 30 June because of the impact of the Covid-19 pandemic on air travel. Filter: Oil products Asia-Pacific More filters
26 May 2020 Covid-19 eats into Japan’s coastal shipping volumes Japan's transportation volumes by coastal vessels in the April 2019-March 2020 fiscal year fell against a year earlier, pressured by reduced operations, especially as Covid-19 disrupted activity this year. Filter: Coal LPG/NGL Metals Oil products Asia-Pacific More filters
26 May 2020 Coronado rejigs finances as coal producers struggle US-Australian mining firm Coronado Coal has negotiated an easing of conditions around $680mn of loan facilities, as it battles with lower prices and weaker demand for its coal because of the economic impact of Covid-19. Filter: Coal Asia-Pacific North America More filters
26 May 2020 Air New Zealand sees 2019-20 losses on fuel hedges Air New Zealand expects to incur losses of between NZ$85mn-105mn ($52mn-64mn) from its fuel hedges in the 2019-20 fiscal year to 30 June because of the impact of the Covid-19 pandemic on air travel. Filter: Oil products Asia-Pacific More filters
25 May 2020 Venezuelan military keeps tight grip on Iranian fuel Venezuela's military is keeping a firm grip on the first cargo of Iranian gasoline and blendstock that arrived over the weekend, with a second of at least five shipments not far behind. Filter: Oil products Latin America and Caribbean More filters
25 May 2020 Guyana loads second 1mn bl crude cargo A second 1mn bl cargo of Liza crude allotted to Guyana's government loaded on 21 May, with a third scheduled to load in July, the energy department said. Filter: Crude oil Latin America and Caribbean More filters
25 May 2020 Japan's refiners expect cut in June term crude supplies Japanese refiners expect a large cut in crude allocations loading in June for their term contacts with Middle East producers, according to the Petroleum Association of Japan (PAJ). Filter: Crude oil Asia-Pacific More filters
25 May 2020 China's BYD, Tesla release EVs using LFP batteries Chinese auto manufacturer BYD and US electric vehicle (EV) producer Tesla have released all-electric vehicles that use lithium iron phosphate (LFP) batteries. Filter: Metals Asia-Pacific More filters
