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).
2017 could be a huge year for the European steel industry
Europe is a diminishing industrial power and its steel sector has reflected that, declining to just 10% of global production in 2016.
LNG market at a ‘tipping point,’ CERAWeek speaker says
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.
U.S. crude oil and natural gas production both fell in 2016
(Wed, 08 Mar 2017) Based on data in EIAâs Monthly Crude Oil, Lease Condensate, and Natural Gas Production Report, average crude oil production in the Lower 48 states fell to an average 8.39 million barrels per day (b/d) in 2016, a decrease of approximately 0.55 million b/d, or 6.1% from the 2015 average.