Shale and demand uncertainty put Big Oil on its back foot
Some oil majors were caught off guard by shale and have of late struggled to maintain a foothold in many parts of the world, but its relevancy continues.
US shale’s resilience touted despite output decline: Fuel for Thought
Last week’s announcement by US company Apache of a major find in West Texas’ Permian Basin seemed to vindicate recent optimism about shale.
East Africa’s oil export ambitions start to gel: Fuel for Thought
A recent flurry of progress on pipeline plans and field approvals in East Africa means Kenya is set to become the region’s first oil exporter.
Summer (and maybe winter) of discontent for US power markets
One might expect hot weather drives demand, which in turn, translates over to power prices. However, that was not the case in many parts of the US recently.
Bumper sugarcane harvest continues in Brazil CS region
The sugarcane harvest in Brazil’s key sugar producing Center-South region has likely reached its peak through August.
Kenya firms up plan to become first East African oil exporter
Kenya plans to start exporting its first crude from mid-2017 as the country pushes ahead with a planned export pipeline.
London futures contango fires Thai sugar sellers to tempt buyers
The inter-crop period has brought spot activity in the Thai sugar market to a near standstill, at least for prompt shipments.
Outlook for key Nigerian crude oil grades
Nigeria's main four crude grades -- Qua Iboe, Bonny Light, Brass River and Forcados -- are currently on force majeure due to militant attacks.
U.S. nuclear outages this summer were higher than in summer 2015
(Thu, 01 Sep 2016) U.S. nuclear power plant outages have been higher this summer (June through August), averaging 4.3 gigawatts (GW), or 51% more than in 2015. Summer outages were at their highest in June, reaching 9.9 GW, or about 10% of total U.S. nuclear capacity, on June 17 and averaging 6.2 GW for the month. Outages dropped to an average of 4.4 GW in July and 2.4 GW in August.
EIA now using near-real-time export data to improve weekly petroleum consumption data
(Wed, 31 Aug 2016) Starting with today's release of the <em>Weekly Petroleum Status Report</em> (WPSR), EIA is now publishing weekly petroleum export and consumption estimates based on near-real-time export data provided by U.S. Customs and Border Protection (Customs). EIA previously relied on weekly export estimates based on monthly official export data published by the U.S. Census Bureau roughly six weeks following the end of each reporting month.