Senegal Opens Airport in Bid to Jump-Start Economy
The nation and its president have high hopes that the $575 million airport will help it become a regional powerhouse
20/20 on 2020? Looking to the future for shipping
2020: a term that implies clarity of vision. A recent Platts conference certainly featured numerous speakers seeming to claim 20/20 vision on 2020. Yet by the end of the event Andreas Hilides found my own vision to be distinctly blurry.
U.S. liquefied natural gas exports have increased as new facilities come online
(Thu, 07 Dec 2017) In August 2017, total U.S. natural gas liquefaction capacity in the Lower 48 states increased to 2.8 billion cubic feet per day (Bcf/d) following the completion of the fourth liquefaction unit at the Sabine Pass liquefied natural gas (LNG) terminal in Louisiana. With increasing liquefaction capacity and utilization, U.S. LNG exports averaged 1.9 Bcf/d, and capacity utilization averaged 80% this year, based on data through November.
Energy commodity prices start to pick up late in Trump’s first year: Of Presidents and Prices
For the first time since Donald Trump was inaugurated president, more of the benchmark commodity prices tracked by S&P Global Platts since he took office are now slightly higher than when President Obama left.
Nearly half of all U.S. electricity customers have smart meters
(Wed, 06 Dec 2017) Installations of smart meters have more than doubled since 2010âalmost half of all U.S. electricity customer accounts now have smart meters. By the end of 2016, U.S. electric utilities had installed about 71 million advanced metering infrastructure (AMI) smart meters, covering 47% of the 150 million electricity customers in the United States.
LOOP Sour becomes lighter, sweeter for November: In the LOOP
The US crude blend LOOP Sour was lighter and sweeter in November, even as the Louisiana Offshore Oil Port saw increased imports of Iraqi Basrah Light and Kuwaiti crude oil.
US oil pipelines might rethink affiliate discounts: Fuel for Thought
US oil pipeline companies were calling their lawyers in Washington last week after regulators said a practice that has apparently become commonplace in the industry violates federal law.
Natural gas power generation share grew in Southern states for a decade as coal declined
(Tue, 05 Dec 2017) Coalâs share of total electricity generation in the South declined over the past decade, from 50% in 2006 to 29% in 2016. As the use of coal has declined, the use of natural gas has increased. In 2016, southern states used natural gas for 42% of their electricity generation, a bigger share than the U.S. average of 34%.
How a Massive Public Works Project Saved a Parched New York
One of the city’s great public works projects, the Croton Aqueduct, was completed 175 years ago. It might not have existed if not for a feud between founding fathers.
Appalachia region drives growth in U.S. natural gas production since 2012
(Mon, 04 Dec 2017) Shale gas production in the Appalachia region has increased rapidly since 2012, driving an overall increase in U.S. natural gas production. According to EIAâs <em>Drilling Productivity Report</em>, natural gas production in the Appalachia regionânamely the Marcellus and Utica shale playsâhas increased by more than 14 billion cubic feet per day (Bcf/d) since 2012.