Fuel for Thought: Indonesia’s refinery buildup to hit Asia’s oil product exporters
Indonesia's refining sector development has finally picked up pace and this does not bode well for Asia's oil product exporters.
Indonesia's refining sector development has finally picked up pace and this does not bode well for Asia's oil product exporters.
(Mon, 03 Oct 2016) California's Zero-Emission Vehicle (ZEV) program is expected to increase sales of electric, plug-in hybrid, and other alternative light-duty vehicles in the United States. The ZEV program is administered by the California Air Resource Board and affects model year 2018 and later vehicles, requiring automakers to earn credits for alternative fueled vehicles based on a percentage of their sales in California.
The Republican nominee has proposed, in effect, to cut spending on infrastructure as part of his plan to borrow for spending on infrastructure.
Decades ago, New York lost one of its grand entryways. What if a new one were hiding in plain sight?
(Fri, 30 Sep 2016) The outage of Colonial Pipeline Line 1 between September 9 and September 21 resulted in record changes in motor gasoline stocks in both the Lower Atlantic and Gulf Coast states during the week ending September 16. Colonial's Line 1 is the largest gasoline supply pipeline linking the Gulf Coast?home to roughly half of the nation's refining capacity?to the Lower Atlantic, a major demand region that has no petroleum refineries.
(Fri, 30 Sep 2016) ⢠The 2015 Natural Gas Annual shows record U.S. natural gas production levels for the fifth consecutive year and record consumption levels for the sixth consecutive year.
It has come as no surprise that Chinese steel market sources feel a bit more cheerful this year.
(Thu, 29 Sep 2016) U.S. distillate exports increased 85,000 barrels per day (b/d) in 2015, reaching nearly 1.2 million b/d. Distillate exports in the first six months of 2016 have averaged 50,000 b/d more than in the first half of 2015. U.S. distillate imports, which are relatively fewer, averaged 200,000 b/d in 2015 and 157,000 b/d in the first half of 2016. Patterns of U.S. distillate trade can be explained by regional supply and demand imbalances within the East Coast and Gulf Coast regions.
You do not have to go too far to find a sugar analyst or physical trader who will tell you the price rally is overdone, explains David Elward.
(Wed, 28 Sep 2016) EIA's <em>International Energy Outlook 2016</em> (IEO2016) projects that total global nuclear generation will increase by 73% through 2040, from 2.6 trillion kilowatthours in 2015 to 4.5 trillion kilowatthours in 2040. Countries that are not a part of the Organization for Economic Cooperation and Development (non-OECD countries) account for 86% of this increase, with China alone making up more than 54% of total growth. China's growing nuclear fleet is expected to produce more than 1.2 trillion kilowatthours of electricity annually by 2040.