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India: Coal imports decline by 22% to 14 MT in January

Nuova Delhi - Coal imports declined by 21.7 per cent to 14.31 million tonnes in January as the power utilities did not lift much fuel due to abundant stock available with them.

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U.S. shale oil braces for the unfamiliar in 2017 / ANALYSIS

Washington - U.S. shale producers are facing their first production cost increase in five years in 2017 as industry activity picks up and energy service providers hike fees to take a bigger share of the profits generated by higher oil prices.

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Iraq and Iran sign MoU on Kirkuk oil export pipeline study

Baghdad - Iraq and Iran signed a memorandum of understanding on Monday to study the construction of a pipeline to export crude oil from the northern Iraqi fields of Kirkuk via Iran, the Iraqi oil ministry said in a statement.

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China to suspend all imports of coal from North Korea

Shanghai - China will suspend all imports of coal from North Korea starting Feb. 19, the country’s commerce ministry said in a notice posted on its website on Saturday, as part of its efforts to implement United Nations sanctions against the country.

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Egypt’s agricultural exports ripe for world markets after currency float

Cairo - Egypt’s agricultural exporters are seeing a surge in demand and finding new foreign markets only months after the currency was floated, with many rushing to expand capacity to keep up.

Iraq’s oil reserves increase to 153 bln barrels, oil minister says
Israeli court rules to close Haifa ammonia tank

Israeli court rules to close Haifa ammonia tank

Jerusalem - An Israeli court on Sunday ordered Haifa Chemicals to shut down the country’s largest ammonia tank, which has been a point of contention for years, with residents and environmental groups warning it is a major health hazard.

“I couldn’t watch those kids risk their lives on the tracks any longer”
Venezuela falls behind on oil-for-loan deals with China, Russia
The African giant is in motion / ANALYSIS

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