German biodiesel foreign trade increases

German imports and exports of biodiesel increased steadily in the past six years. The Netherlands was the most important trading partner, followed by Belgium and Poland. German exports of biodiesel grew steadily over the past years with the exception of 2021. More specifically, exports rose from 1.61 million tonnes in 2017 to 2.72 million tonnes

US tops in LNG exports

The United States exported more LNG than any other country in the first half of 2023, according to data from CEDIGAZ. US LNG exports averaged 11.6bn cu ft per day during this period, 4% more than in the same period last year, allowing the US to leapfrog past Australia and Qatar in global exports. A

India’s ethanol program will cap future sugar exports

India, the world’s second-largest sugar producer and a major exporter in recent years, will likely have a smaller role in the sugar export market going forward as its government-led ethanol program continues to expand, as per a report named Asia Biofuel Outlook by research firm BMI, a unit of Fitch Solutions. The report said that

Aluminum exports from India may get impacted by CBAM

According to statistics, India has an annual production capacity of primary aluminum of 4.1 million tons, accounting for 6% of total global production, of which 56% is for export

Assam to export methanol

Assam government will sign a memorandum of understanding (MoU) with an industrial group for an investment of Rs 15,000 crore in the state. This was disclosed by Chief Minister Himanta Biswa Sarma while addressing a press conference. Claiming that more industrial groups are coming to the state for investment due to basic strength, the Chief

India aims to capture 10% of green hydrogen exports

The government has put a number to its aim of being a leading exporter of green hydrogen in the world. Setting an ambitious target of capturing about 10 percent of the global green hydrogen market which is expected to touch 100 million metric tonne (MMT) by 2030. On January 13, the government released a blueprint

Crude oil imports in China fall in September

China’s crude oil imports in September were 2% below their level a year earlier, data showed, as independent refiners curbed throughput amid thin margins and lacklustre demand. However, state-run refiners lifted fuel exports to the highest monthly volume since June 2021 to cash in on robust export margins, according to data from the General Administration

Mexico to build LNG hub

Mexico plans to build an LNG export hub worth between $4 billion and $5 billion in the Gulf of Mexico that will help serve European demand. The planned LNG facility in the port of Coatzacoalcos, in the eastern state of Veracruz, would transport gas by boat to Europe. Mexico does not yet commercially export LNG,

Oil exports from Russia increased by 12% in 2022

According to Deputy Prime Minister Alexander Novak, Russian oil exports grew by 12% in the first five months of 2022, as demand persists, despite Western sanctions reducing oil exports to Europe. He added that the increase is linked to lower refining volumes and the reconfiguration of refineries in Russia. Sanctions against Russia include a US

Eni, Repsol given green signal to export Venezuelan oil

European giants Repsol and Eni are now allowed to export oil from Venezuela, as the US is easing a restriction on its oil exports as payment for debt. The decision comes amid a tight oil market – especially for the grade of heavy crude Venezuela produces. The US State Department is reversing its earlier position