China renewable auction signals challenges for solar developers
Analysts said that the solar power prices at China's first province-level auction under its new renewable price mechanism are so low, they may discourage investors from launching new projects. The auction held in Shandong last week, which is seen as an indicator for future auctions nationwide, indicates that prices will be lower in the future than they were under the old system…
China renewable auction signals challenges for solar developers
Analysts said that the solar power prices at China's first province-level auction under its new renewable price mechanism are so low, they may discourage investors from launching new projects. The auction held in Shandong last week, which is seen as an indicator for future auctions nationwide, indicates that prices will be lower in the future than they were under the old system…
Russell: ADNOC must offer more than just money to make the Santos deal work.
Abu Dhabi National Oil Company's (ADNOC) $18.7billion bid for Australian liquefied gas producer Santos faces a much higher hurdle than the money offered. The politics surrounding the deal, which would represent Australia's biggest-ever cash takeover in history, are becoming increasingly difficult to overcome. ADNOC, Australia's second largest oil and gas company launched its bid in June…
Russell: ADNOC must offer more than just money to make the Santos deal work.
Abu Dhabi National Oil Company's (ADNOC) $18,7 billion bid for Australian liquefied gas producer Santos faces a much higher hurdle than the money offered. The politics surrounding the deal, which would represent Australia's biggest-ever cash takeover in history, are becoming increasingly difficult to overcome. ADNOC began its bid in June for Santos, Australia’s second largest oil and gas company. A due diligence initial was to be completed before August.
Castleton Oil Traders Geneva team to focus on oil, according to sources
Castleton Commodities International, a trader specializing in energy commodities, has established a team based in Geneva, Switzerland, in the last few weeks, as part of its efforts to expand in oil trading. Two sources familiar with this matter confirmed it on Wednesday. Sources said that the Stamford-based company hired Roberto Rosales as the leader of the Geneva-based team.
Russell: China's imports of LNG are expected to increase for the 4th consecutive month. But it's still not bullish.
China's LNG imports are expected to increase for the fourth consecutive month in August. However, this might not be as positive as first seems. According to commodity analysts Kpler, the world's largest buyer of super-chilled gasoline is on course to import 6.04 million tons of fuel in August. This will be the highest volume since January when the same amount was imported.
Russell: China's imports of LNG are expected to increase for the 4th consecutive month. But it's still not bullish.
China's LNG imports are expected to increase for the fourth consecutive month in August. However, this might not be as positive as first seems. According to commodity analysts Kpler, the world's largest buyer of super-chilled gasoline is on course to import 6.04 million tons of fuel in August. This will be the highest volume since January when the same amount was imported.
Russell: China's thermal coal imports surge as India's tumble
In August, China's seaborne thermal coal imports are expected to reach their highest level this year while India's top buyers slump to a three-and-a half-year low. The two largest importers of this fuel, which is mainly used to generate electricity, have divergent trends. This is largely due to the interaction between coal production on their home markets and the increasing use of renewable energy.
Russell: Asia's LNG imports will likely increase, but not enough to satisfy Trump
As part of the trade agreements with President Donald Trump, there are some early signs that certain Asian countries will increase their imports from the United States of liquefied gas (LNG). According to commodity analysts Kpler, Asia's super-chilled fuel imports are set to reach a record of 2,01 million metric tonnes in August. This is an eight-month-high. The Kpler forecast that Asia's imports of LNG from the United States would surge to 3…
Russell: Asia's LNG imports will likely increase, but not enough to satisfy Trump
As part of the trade agreements with President Donald Trump, there are some early signs that certain Asian countries will increase their imports from the United States of liquefied gas (LNG). According to commodity analysts Kpler, Asia's super-chilled fuel imports are set to reach a record of 2,01 million metric tonnes in August. This is an eight-month-high. The Kpler forecast that Asia's imports of LNG from the United States would surge to 3…
Maguire: US gas-heavy pipeline to fuel tensions with LNG exporters
U.S. energy firms are building the largest gas-fired generation capacity in the world, cementing the position of the United States as the world's biggest natural gas consumer and the gas-fired producer. The growing dependence on natural gas in the domestic power sector will also exacerbate tensions between the rapidly expanding LNG export sector and the domestic power industry, as the latter is relying on cheap natural gas and abundant supplies to expand.
Maguire: US gas-heavy pipeline to fuel tensions with LNG exporters
U.S. energy firms are building the largest gas-fired generation capacity in the world, cementing the position of the United States as the world's biggest natural gas consumer and the gas-fired producer. The growing dependence on natural gas in the domestic power sector will also exacerbate tensions between the rapidly expanding LNG export sector and the domestic power industry, as the latter is relying on cheap natural gas and abundant supplies to expand.
Maguire: US clean energy capacity grows slower, but wider by 2025
This year, the pace of adding new solar, wind, and battery capacity in the U.S. has slowed down nationally and in some key states, which is hurting sentiment for clean energy. Climate trackers should take heart in the fact that growth has continued outside of Texas and California. According to data collected by the energy data platform Cleanview by mid-2025, combined installations of solar and wind power systems…
Raychaudhuri: China's price wars are a steep battle.
Price wars have led to a collapse in profitability and an acceleration of deflation on the Chinese domestic market due to overcapacity. In response, the government launched a program called "anti-involution", which aims to counter deflationary pricing wars. This battle could last a long time. It has already seen some success, but it is still a long-term fight. Involution…
Choose your favorite. Russell: China's imports of commodities can be either solid or soft.
The markets often use data, such as China's imports for major commodities, to determine trends regarding the second largest economy in the world. The July trade data is not very clear. It gives ammunition for both an economy that's resilient and recovering and another that's struggling to gain momentum. Crude oil provides a good example. Calculations based on data released Thursday show that China…
Choose your favorite. Russell: China's imports of commodities can be either solid or soft.
The markets often use data, such as China's imports for major commodities, to determine trends regarding the second largest economy in the world. The July trade data is not very clear. It gives ammunition for both an economy that's resilient and recovering and another that's struggling to gain momentum. Crude oil provides a good example. Calculations based on data released Thursday show that China…
Asia thermal coal imports increase in July as Japan and South Korea purchase: Russell
Imports of seaborne coal from Asia increased in July, but this increase was driven by developed economies of North Asia rather than the heavyweights China or India. According to Kpler, the total seaborne imports for fuel used to generate electricity grew by 12% in July from June's figure of 63.02 millions tons. The increase in July imports coincides with a weaker trend among Asia's seaborne thermal coking coal shipments as the top buyers…
China Ramps Up Refined Fuel Exports As Profit Margins Rise
China's exports of key refined fuels are on track to jump to the highest in 16 months as refiners take advantage of rising profit margins.Shipments in July of middle and light distillates, which include diesel and gasoline, are forecast to reach 26.63 million barrels, or 859,000 barrels per day, data compiled by commodity analysts Kpler shows.This figure is up from 796…
Russell: EU's promise of $250 billion in US energy imports from the US is delusional
The framework agreement with the European Union has strong echoes from Donald Trump's failed deal with China during his first term as U.S. President. Trump and EU Commission president Ursula von der Leyen made the announcement of a 15% tariff for U.S. goods imported from the EU on Sunday at the golf course where the U.S. President plays in Scotland. The EU's apparent commitment to increase energy imports from America is more important than the 15% tariff.
Russell: EU's promise of $250 billion in US energy imports from the US is delusional
The framework agreement with the European Union has strong echoes from Donald Trump's failed deal with China during his first term as U.S. President. Trump and EU Commission president Ursula von der Leyen made the announcement of a 15% tariff for U.S. goods imported from the EU on Sunday at the golf course where the U.S. President plays in Scotland. The EU's apparent…