Syria's electricity crisis: Fuel shortage plunges country into darkness
February 07, 2025
Turkey and Qatar have committed to deploying floating power-supply vessels to provide electricity to Syria, but analysts are sceptical about their ability to resolve the crisis.
"This will not fully solve the power issue of t...
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China's U.S. ethane imports to surge in 2025 in drive to cut costs
February 06, 2025
"The bottle neck is U.S. exports right now," said Armaan Ashraf, head of natural gas liquids at consultancy FGE.
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Along with plant upgrades, new shipping capacity is required. For every one-million tons per year in crackin...
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Oil markets brace for US policy indications on Iran and Russia
February 06, 2025
While the decision by OPEC+ members on 3 February to press ahead with plans to increase oil production quotas from April has offered a measure of certainty on future oil volumes, other geopolitical factors, such as potential US...
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FGE and NexantECA Combine to Offer Market Intelligence and Consultancy Services across the Value Chain
February 05, 2025
LONDON (February 5, 2025) - We are pleased to announce that FGE and NexantECA are joining forces to create a unified organisation with a comprehensive offering across the energy and chemicals value chain.
This merger, made possible by i...
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Iran: Trump Talks or Export Crackdown
February 05, 2025
Total Iranian oil production — comprising crude, condensate and NGLs — in 2024 and into 2025 “hit a 40-year record high despite sanctions” at nearly 5 million barrels per day, according to Iman Nasseri of consultancy FGE, speak...
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An overview of Iran's energy industry and infrastructure
February 04, 2025
FGE consultancy says Iran refines about 2.6 million bpd of crude and condensate and exports 2.6 million bpd of crude oil, condensate and refined products.
The country also produces 34 billion cubic feet of gas per day, accord...
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China tariff retaliation targets its modest US energy imports
February 03, 2025
Mia Geng, an analyst at FGE, said that when China imposed 25% tariffs on U.S. crude during the trade war in Trump's first administration, China stopped its purchases of 300,000-400,000 barrels per day of U.S. crude and turned t...
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Russia oil trade to China, India stalls as sanctions drive up shipping costs
January 28, 2025
U.S. sanctions and a ban imposed early this month by China's Shandong Port Group will see refineries in Shandong province losing up to 1 million barrels per day of crude supply in the near term, consultancy FGE said.
Independa...
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Oil prices hover near two-week low, weak China data adds to demand concerns
January 28, 2025
FGE analysts see refineries in Shandong losing up to 1 million barrels per day of crude supply in the near term amid a ban imposed by the Shandong Port Group on U.S.-sanctioned tankers.
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Asia Oil Refiners Cut Run Rates, Mull Closures as Costs Soar
January 23, 2025
“A feedstock shortage, coupled with higher costs for alternative crude, has prompted many independent refineries to trim runs by 10% to 20%,” said Mia Geng, an analyst at industry consultant FGE referring to the Chinese teapots...
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