06 May 2021 Pemex unwinds fuel logistics deals with Marathon Pemex is letting fuel storage and transportation contracts signed in 2017-2018 with Marathon Petroleum run out as it pivots to regain its only capacity awarded in a series of largely unsuccessful open seasons. Filter: Oil products Latin America and Caribbean More filters
06 May 2021 Brazil favoring biofuels over EVs to cut emissions Brazil is favoring biofuels over electric vehicles (EVs) as the government maps out its long-term decarbonization strategy for the transport sector. Filter: Bioenergy Power Emissions Oil products Latin America and Caribbean More filters
06 May 2021 Colstrip coal plant owners sue over Montana law Four co-owners of the Colstrip coal-fired power plant in Montana are suing their partners over a new law they say invalidates a longstanding operations agreement between the companies. Filter: Coal Power North America More filters
06 May 2021 US says Iran sanctions relief is possible The US can lift sanctions against Iran's oil sector in advance of the country's presidential election next month, but Washington's next move depends on a "political decision" by Tehran, a senior US official said today. Filter: Crude oil Middle East North America More filters
06 May 2021 EU RSO exports up in April on firm global demand Rapeseed oil (RSO) exports from EU countries continued to accelerate in April, supported by strong international demand and firmer prices for substitute vegetable oils. Filter: Agriculture Bioenergy Europe More filters
06 May 2021 Chip shortage prompts EV makers to shore up SiC supply Automotive manufacturers are engaging with silicon carbide (SiC) power device suppliers to secure deliveries as they look to avoid a supply crunch similar to the ongoing global semiconductor shortage. Filter: Metals More filters
06 May 2021 Cerrejon’s coal railway blocked by former employees Former workers at Colombian coal producer Cerrejon have blocked the company's railway and are demanding to be re-employed, amid rising social unrest across the country. Filter: Coal Latin America and Caribbean More filters
06 May 2021 Turkey ferrous: Price surges towards new high The Turkish steel scrap import price jumped sharply again on three trades concluded for June shipment today and is on course to reach a new multi-year high amid a renewed surge across global ferrous markets. Filter: Metals Middle East More filters
06 May 2021 Mexico begins purge of unused fuel sales permits Mexico's energy regulatory commission (CRE) plans to cancel 125 fuel commercialization permits because they have not been used in a year, putting to work a new law that went into force yesterday. Filter: Oil products Latin America and Caribbean More filters
06 May 2021 Colombia unrest saps fuel supply, some jabs halted Violent anti-government protests, looting and roadblocks across Colombia are impeding distribution of fuel, food and Covid-19 vaccines, exposing the deep political fallout of pandemic recovery efforts. Filter: Crude oil LPG/NGL Natural gas/LNG Oil products Latin America and Caribbean More filters
06 May 2021 Supply-demand push iron ore to $200/dmt Seaborne iron ore prices surged to a record $200/dmt today. Filter: Metals More filters
06 May 2021 Crude price climb to continue 2-3 years: Sheffield Oversupply will not kill the current oil price rally but rather high prices strangling demand will eventually end the party, said Pioneer Natural Resources' chief executive Scott Sheffield. Filter: Crude oil Natural gas/LNG North America More filters
06 May 2021 Battery recycling could cut raw material use by 12pc Demand for battery materials is set to increase sharply and outpace supply in the next 20 years, with electric vehicles (EVs) and battery storage leading the change. Filter: Metals More filters
06 May 2021 Non-oxy gasoline volumes at 15-month high Blending economics and the availability of cheap finished-grade gasoline in northwest Europe capped demand for the benchmark oxy grade traded on Argus dates last month, and helped push non-oxy volumes to a 15-month high. Filter: Oil products Europe More filters
06 May 2021 US Gulf refiners balance high margins, RVO Refining margins in the US Gulf coast are approaching — and sustaining — highs hot seen since 2017's Hurricane Harvey, but the high cost of compliance with the renewable fuel standard (RFS) program continues to pull the reins on refinery throughputs. Filter: Oil products North America More filters
