EU slaps import tax on Chinese corrosion-resistant steel

The European Commission has imposed definitive anti-dumping duties on corrosion-resistant steel from China. The announcement follows its investigation confirming Chinese producers were “dumping” the product on the EU market. The measures that will be put in place for the next five years range from 17.2% to 27.9% – similar to the tariffs already set on […]

China surpassed US as world’s largest crude oil importer

China was the largest crude oil importer last year at 8.4 million barrels per day (b/d). According to the US Energy Information Administration (EIA), “new refinery capacity and strategic inventory stockpiling combined with declining domestic oil production” were the major factors contributing to the rise. It surpassed the US, which imported 7.9 million b/d in […]

Trump slaps tax on foreign solar panels

The US Government has confirmed it will be imposing tariffs on imported solar panels. The announcement marks Donald Trump’s first major trade action of 2018 and is part of his “America First” policy. A tariff of 30% will be applied to imported solar panels, most of which come from China. It will fall to 25% […]

UK’s carbon footprint shrunk by 1% in 2014

Greenhouse gas (GHG) emissions associated with the UK’s carbon footprint fell by 1% in 2014. That’s according to new data released by the government, which analyses emissions from the consumption spending of UK residents on global goods and services. This is called the carbon footprint and records the total volume of GHGs produced wherever in the world or […]

US to become ‘net exporter of natural gas in 2017’

The US is projected to become a net exporter of natural gas this year. That’s according to the Energy Information Administration (EIA), which expects net exports to average at 0.4 billion cubic feet per day (Bcf/d). As Liquefied Natural Gas (LNG) exports increase, 2018 exports are forecast to increase to 1.3Bcf/d. Total US natural gas […]

US biomass diesel imports up 65%

US imports of biomass-based diesel, which include biodiesel and renewable diesel, rose by 65% last year. They reached a record level of 916 million gallons, according to new figures from the Energy Information Administration (EIA). On a monthly basis, biodiesel imports exceeded 100 million gallons for the first time last December. Both biodiesel and renewable […]

Both US coal imports and exports fell in 2016

US coal exports and imports both declined in 2016. That’s according to new statistics from the Energy Information Administration, which show the US remained a net exporter of coal through the year, exporting 60.3 million short tons (MMst) and importing 9.8MMst. US coal exports fell for the fourth year in a row, down 13.7MMst from […]

EU confirms hefty new anti-dumping tariffs on Chinese steel plates

The European Commission has imposed hefty definitive anti-dumping duties on imports of heavy steel plates from China. Its investigation revealed dumping margins of between 120% and 127%, “causing material injury to EU producers”. Chinese exports of heavy steel plates will therefore be taxed with anti-dumping duties ranging from 65% to 73%, confirming provisional tariffs set […]

Ukraine granted $500m loan for gas supplies

Ukraine has secured its gas supply for the coming winter, thanks to a loan worth $500 million (£405m). The money from the World Bank allows national gas company Natfogaz to buy gas from Europe to meet the demand of consumers. The guarantee is part of the Bank’s plans to support wider reforms in the country’s energy […]

Are UK emissions falling or being outsourced?

The UK’s carbon footprint increased by 3% between 2012 and 2013, according to official figures. The carbon footprint refers to emissions from the UK’s consumption of goods and services, wherever in the world these emissions happen along the supply chain. It also includes emissions generated by UK households through things like driving cars. Defra’s report states the […]