Mar 12: 8Canada is looking at a floor carbon price of  CAN $10 per tonne of carbon dioxide equivalent in 2018, increasing to CAN $50 per tonne by 2022, or an equivalently scaled emissions trading system. Click on Report for more.
8A US report says that relations between India and China will remain tense going ahead and possibly to deteriorate further, despite the negotiated settlement to their three-month border standoff in August, elevating the risk of unintentional escalation. Click on Report for more.
8Saudi Arabia has given a FEED award for the world's largest crude to chemical plant. Click on Report for more.
8Find out how steel tariffs imposed by the US is going to impact the world, including Indian steel companies, which, in turn, are protected by tariffs and non tariff barriers within the country. Click on Report for more.
8The current projection is that the total global investment in the development of new offshore deepwater projects is projected to be limited through 2027. Click on Report for more.
8Canada's stringent environmental rules has meant that it is losing the battle to ferry its abundant hydrocarbon reserves to the rest of the world. The US seems to have had its lunch. Click on Report for more.
8VLCC market volumes are far from sufficient to change the oversupply of tonnage in all major routes. The market looks grim at the moment. Click on Report for more.
8Indian Indian inquiries in the VLGC market led to two sub-fixtures last week. Click on Report for more.

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