Edition:
United States

Jessica Jaganathan

GLOBAL LNG-Asian spot prices rise on expected colder weather

Oct 16 2020

* 90% chance La Nina to continue into winter -Japan weather bureau

Oil steady as rising coronavirus cases stokes demand concerns

Oct 13 2020

* OPEC cuts 2021 oil demand forecast again as virus cases rise

China's 2060 carbon neutral goal bill could hit over $5 trillion

Oct 07 2020

SINGAPORE China's goal of reaching carbon neutrality by 2060 would require investments of more than $5 trillion, which would include renewable power generation capacity, consultancy Wood Mackenzie said on Thursday.

Oil prices slide as Trump cancels aid talks, U.S. crude stocks expand

Oct 06 2020

SINGAPORE Oil prices slipped on Wednesday after U.S. President Donald Trump dashed hopes for a fourth stimulus package to boost the coronavirus-hit economy and on a larger-than-expected build-up in U.S. crude stocks.

Most staff depart troubled Singapore oil trader ZenRock

Oct 06 2020

SINGAPORE Most of the staff at Singapore oil trader ZenRock Commodities Trading Pte Ltd, which has been managed by a court-appointed supervisor since May, have left, a former director at the company said.

Hit by commodity defaults, banks in Singapore develop digital trade registry

Oct 06 2020

SINGAPORE Some of the world's biggest banks in commodity trade finance are creating a digital trade finance registry in Singapore to reduce risk of trade fraud and boost transparency after losing billions of dollars due to a spate of defaults.

Swiss Axpo to open Singapore office to expand LNG trading in Asia

Oct 01 2020

SINGAPORE Swiss renewable energy producer Axpo will open an office in Singapore at the end of this year to expand its trading activities in Asia's growing liquefied natural gas (LNG) market, it said on Thursday.

Rising Asian LNG prices to help more U.S. loadings in November -trade sources

Sep 21 2020

LONDON/SINGAPORE, Sept 21 Buyers of liquefied natural gas (LNG) from the United States are expected to cancel no more than five cargoes for November loading as winter demand in Asia has lifted prices, after dozens of cancellations earlier this year, several trade sources said on Monday.

BHP in talks with three firms for LNG bunker supply contract - executive

Sep 21 2020

SINGAPORE BHP Group is in talks with three companies for the supply of liquefied natural gas (LNG) to fuel five ships it plans to use to transport iron ore between western Australia and China, a senior company executive told Reuters.

UPDATE 2-Oil prices slip on potential return of Libyan output; Gulf storm supports

Sep 21 2020

* Rising virus cases add to worries about demand (Recasts, updates prices)

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