Pivotal moment for South African mining
South Africa is currently redrafting its Mining Charter, hopefully bringing to an end a long period of disagreement and uncertainty.
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(Wed, 15 Mar 2017) Changes in North American energy markets over the past decade have strengthened the supply of transportation fuels, including motor gasoline, distillates, and jet fuel, in the Midwest and Rocky Mountain regions, according to a new study commissioned by EIA.
U.S. coal exports and imports both decline in 2016 as U.S. remains net coal exporter
(Tue, 14 Mar 2017) The United States remained a net exporter of coal in 2016, exporting 60.3 million short tons (MMst) and importing 9.8 MMst. U.S. coal exports fell for the fourth consecutive year, down 13.7 MMst from 2015, with 2016 exports less than half of the record volume of coal exported in 2012 (125.7 MMst). Slow growth in world coal demand combined with supplier competition were the primary factors contributing to the decline in U.S. coal exports.
Lack of agreed methodology on OPEC compliance leads to confusion: Fuel for Thought
If you are in LNG today, you want to be in Asia, the world’s biggest market for the fuel. While there is opportunity, though, there also is uncertainty.
Hydroelectric generators are among the United Statesâ oldest power plants
(Mon, 13 Mar 2017) Conventional hydroelectric generators account for 7% of the operating electricity generating capacity in the United States and about 6% to 7% of U.S. electricity generation each year. Conventional hydroelectric plants are different from pumped-storage facilities, which produce electricity from water previously pumped to an upper reservoir.
DOE economist talks SPR exports, storage and sales
At the Crude Oil Quality Association meeting in New Orleans, an overflowing room of oil industry participants had plenty of questions for US Department of Energy economist Kenneth Vincent.
Another type of crude oil to be included in calculation of the Brent price benchmark
(Fri, 10 Mar 2017) The method for assessing the Brent global benchmark crude oil price is scheduled to change in 2018. The Brent price benchmark reflects transactions involving physical cargoes of several specific grades of crude oil in the North Sea, located between the United Kingdom and Norway.
Trump's first 50 days: (Dis)approval steering gold
With the Donald Trump presidency reaching its 50th day at the weekend, we take a look at the impact the current administration is having on gold prices.
Let’s talk about NEAT: Looking dapper from its napper to its feet
NEAT refers to our recently launched North East Asia Thermal (NEAT) coal index. Since its inception in early January, the daily index has tracked the value of thermal coal cargoes arriving into the markets of Japan, Korea and Taiwan.
Warm weather leads to first recorded natural gas storage injection in February
(Thu, 09 Mar 2017) Warmer than normal weather throughout much of the United States resulted in the first recorded net natural gas injection during a week in February since weekly storage data has been collected. For the week ending February 24, the amount of natural gas in storage in the Lower 48 states increased 7 billion cubic feet (Bcf).