US crude exports drop in May, India top buyer
US crude exports fell by 16pc in May, with India the top buyer followed closely by China. Total domestic crude exports averaged 2.71mn b/d in May, down from 3.24mn b/d in April, according to trade […]
US crude exports fell by 16pc in May, with India the top buyer followed closely by China. Total domestic crude exports averaged 2.71mn b/d in May, down from 3.24mn b/d in April, according to trade […]
State-run Coal India Ltd said on Friday buyers are now allowed to export coal bought from the miner through e-auctions, in what it called a “first of its kind” and a major policy shift. The world’s largest miner by production […]
Americans are going to drive this summer like the pandemic never happened, if U.S. ethanol production is any gauge. Output rose last week to the highest level since February 2020, which was shortly before U.S. shelter-in-place orders […]
Coal producers are actively pursuing 2.2 billion tonnes per annum of new mine projects around the world, a growth of 30 per cent from current production levels, a new report from Global Energy Monitor said on Thursday. The […]
European governments are drawing up plans to phase out coal, U.S. coal-fired power plants are being shuttered as prices of clean energy plummet, and new Asian projects are being scrapped as lenders back away from […]
Energy News Beat Publishers Note (ENB): There is ongoing research with indications that the world’s energy needs are increasing with oil production being shut down, costly green projects increasing, and printing money around the world. […]
Venezuela’s April oil exports were flat at about 700,000 barrels per day (bpd) for the third month in a row, with three-quarters of its shipments headed to Asia and the Middle East, according to tanker […]
Global leaders should consider a role that central banks could play in helping the world shift to clean energy, Polish President Andrzej Duda said during a climate summit hosted by his U.S. counterpart Joe Biden. […]
The global economic recovery is set to drive Australia’s resources earnings to an all-time high this financial year, led by number one export iron ore, while rapid growth in the production of battery minerals will […]
Energy News Beat Publishers Note: This is due to Saudi Arabia’s leadership in cutting oil production. This will be a short-term gain. The United States overtook Saudi Arabia as India’s second-biggest oil supplier after Iraq […]
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