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EIA revises down forecast for oil prices in 2020

EIA revises down forecast for oil prices in 2020

2020-02-12 10:40

The U.S. Energy Information Administration (EIA) on Tuesday forecast Brent crude oil spot prices would average 61 U.S. dollars per barrel in 2020.

Chinas coal-rich province reports record foreign trade

China's coal-rich province reports record foreign trade

2020-02-11 16:20

Shanxi recorded 144.69 billion yuan (about 20.75 billion U.S. dollars) in imports and exports in 2019, up 5.7 percent from the previous year.

Number of active U.S. drilling rigs remains unchanged this week

Number of active U.S. drilling rigs remains unchanged this week

2020-02-08 07:29

The number of active drilling rigs in the United States stayed the same at 790 this week, down by 259 year on year.

China vows measures to ensure energy supply amid epidemic control

China vows measures to ensure energy supply amid epidemic control

2020-02-07 10:40

China will take measures to ensure the supply of coal, electricity and natural gas to support the control of the novel coronavirus.

Malaysias Petronas signs LNG deal with Chinese Shenergy Group

Malaysia's Petronas signs LNG deal with Chinese Shenergy Group

2020-01-20 19:56

Petronas said that the LNG supply agreement was inked through its subsidiary Petronas LNG Ltd, and it is for a 12-year term starting from 2022.

OPEC, partners to extend production cut deal to end of 2020: UBS

OPEC, partners to extend production cut deal to end of 2020: UBS

2020-01-19 08:15

Still, OPEC and its partners would have higher production allowance in the second half of 2020, said UBS in the report.

Chinas installed capacity of storage batteries up 9.2 pct in 2019

China's installed capacity of storage batteries up 9.2 pct in 2019

2020-01-19 00:15

China's installed capacity of storage batteries to power electric vehicles saw a year-on-year increase of 9.2 percent in 2019, industry data has shown

Chinas crude oil output up

China's crude oil output up

2020-01-18 16:20

China's crude oil output grew 0.8 percent year on year to 190 million tonnes last year, snapping the declining trend since 2016.

China registers stable growth in coal production

China registers stable growth in coal production

2020-01-18 16:11

China's raw coal output registered stable growth in 2019, while its imports remained robust.

Chinas Guizhou to phase out small coal mines in 2020

China's Guizhou to phase out small coal mines in 2020

2020-01-16 14:04

Southwest China's Guizhou Province has vowed to shut down small coal mines with an annual production of less than 300,000 tonnes in 2020.

U.S. forecasts rise in net natural gas exports in 2020, 2021

U.S. forecasts rise in net natural gas exports in 2020, 2021

2020-01-15 12:55

The U.S.EIA on Tuesday forecast that U.S. net natural gas exports will rise to average 7.3 billion cubic feet per day in 2020.

U.S. forecasts growth in global oil supply, consumption in 2020

U.S. forecasts growth in global oil supply, consumption in 2020

2020-01-15 11:04

The U.S. Energy Information Administration (EIA) on Tuesday forecast that both crude oil supply and consumption of the world will grow in 2020.

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