02 March 2020 US producers likely to favor urea through June Market conditions are primed for US nitrogen producers to maintain a urea-heavy product mix through June. Filter: Fertilizer North America More filters
02 March 2020 GTT lowers new FSRU order expectations French engineering firm GTT has lowered its expected order numbers for new floating storage and regasification units (FSRUs) over the coming decade. Filter: Natural gas/LNG More filters
02 March 2020 PdV Holding to end Aruba contract by mid-Mar The opposition-controlled US arm of Venezuelan state-owned PdV struck a deal with Aruba's government to transfer operation of a dormant refining asset inherited from its Caracas-based parent. Filter: Crude oil Oil products Latin America and Caribbean North America More filters
02 March 2020 Pembina increases NGL sales in 2019 Calgary-based Pembina reported higher natural gas liquids (NGL) sales for 2019 with lower sales in the fourth quarter amid rail disruptions. Filter: LPG/NGL North America More filters
02 March 2020 Flex LNG launches another carrier Norway-based shipowner Flex LNG has launched the 173,400m³ Flex Freedom carrier at South Korea's Daewoo Shipbuilding and Marine Engineering (DSME) shipyard. Filter: Natural gas/LNG More filters
02 March 2020 RWE sees little room for extra summer fuel-switching German utility RWE sees little potential for gas to displace more coal in Europe's power sector this summer than a year earlier, raising the question of where European prompt prices will find a floor this summer and beyond. Filter: Natural gas/LNG Europe More filters
02 March 2020 OECD says prolonged coronavirus could halve growth The OECD has raised the prospect of the coronavirus halving the rate of global economic growth this year. Filter: Crude oil Oil products More filters
02 March 2020 CIL’s 2019-20 coal output set to decline Coal production by India's state-controlled mining firm Coal India (CIL) is facing a first year-on-year decline in its fiscal year output in around two decades, despite the firm posting a steep recovery in production since December 2019. Filter: Coal Asia-Pacific More filters
02 March 2020 China's steel profitability crushed by coronavirus Chinese steel producers' profit margins fell sharply last month as the coronavirus outbreak stalled demand and disrupted feedstock supplies to lift costs. Filter: Metals Asia-Pacific More filters
02 March 2020 Opec on track for 5-6 March meeting despite coronavirus The Opec+ group will meet in Vienna this week as planned, despite growing concerns over coronavirus, Opec sources told Argus. Filter: Crude oil Europe Middle East More filters
02 March 2020 PP still weak despite increased Chinese mask output Demand for general grade polypropylene (PP) remains weak in China despite the country increasing production of surgical masks to meet demand from the coronavirus outbreak. Filter: Petrochemicals Asia-Pacific More filters
02 March 2020 Russian coal producer Meltek aims to increase output Kuzbass-based coal mining firm Meltek targets an increase in output to 4.8mn t this year, up by 500,000t compared with 2019, on stronger output of high-margin coal grades, the company says. Filter: Coal FSU More filters
02 March 2020 China's steel PMI falls to record low in February China's steel sector purchasing managers index (PMI) slumped to a record low in February as the coronavirus outbreak disrupted downstream demand, resulting in steel mills reducing output. Filter: Metals Asia-Pacific More filters
01 March 2020 Houston CeraWeek energy conference cancelled The annual CeraWeek energy conference in Houston, Texas, scheduled for later this month has been cancelled over mounting concerns about the spread of the coronavirus, the organizer said today. Filter: Crude oil Natural gas/LNG Oil products North America More filters
28 February 2020 Storage constraints prompt PdV to consider oil pits Venezuela's PdV has exhausted its storage capacity and is now considering digging open-air pits to hold swelling stocks that US sanctions are keeping off the export market, according to multiple PdV upstream and marketing officials. Filter: Crude oil Latin America and Caribbean More filters
