Following Swiss gold import/export data this week it dawned on S&P Global Platts that there has been a glut of headlines this year suggesting that physical gold demand is on its knees.
(Fri, 24 Jun 2016) Prices of carbon dioxide (CO2) emission allowances in the Regional Greenhouse Gas Initiative (RGGI) have fallen for the second auction in a row, to $4.53 per metric ton (mt) of CO2. The auction prices on June 1 were 40% below their previous peak value of $7.50/mtCO2, reached on December 2, 2015.
(Fri, 24 Jun 2016) Azerbaijan is one of the world?s oldest oil producers, and oil and natural gas production and exports are central to Azerbaijan's economy. Azerbaijan?s oil production has been relatively stable over the last few years, but oil revenues declined about 40% from 2014 to 2015 due to lower oil prices. Natural gas production and exports will increase significantly in the coming years as the Stage 2 development of the Shah Deniz natural gas and condensate field will more than double Azerbaijan?s natural gas exports by the end of the decade.
Extracting the stuff is a $70 billion industry, but it can inflict terrible costs on the environment.
(Thu, 23 Jun 2016) On June 26, the Panama Canal Authority, the body that operates the Panama Canal, will inaugurate a third set of locks, which will allow for the transit of larger ships. This is the first such expansion since the canal was completed in 1914.
(Thu, 23 Jun 2016) This report, the second of six Issues in Focus articles from the Annual Energy Outlook 2016, analyzes possible impacts of proposed standards for GHG emissions and fuel consumption by medium- and heavy-duty trucks jointly issued by the U.S. Environmental Protection Agency and the National Highway Traffic Safety Administration in July 2015. The proposed standards build on the Phase 1 GHG emissions standards for medium-duty vehicles and heavy-duty vehicles that were implemented starting in model year 2014.
The companies, Veolia North America and Lockwood, Andrews & Newnam, were hired to advise the city about using the Flint River as its drinking water source.
With the state’s roads and bridges crumbling and its mass transit plagued with problems, an idea once considered politically unthinkable is gaining traction: increasing the famously low gas tax.
(Wed, 22 Jun 2016) Weekly U.S. commercial crude oil inventories have increased by more than 71 million barrels (15%) since the end of September, pushing crude oil storage capacity utilization to a near record high of 73% for the week ending June 10.
(Wed, 22 Jun 2016) Data series include fuel, electricity, and steam purchased for consumption at the refinery; refinery receipts of crude oil by method of transportation; and current and projected atmospheric crude oil distillation, downstream charge, and production capacities. Respondents are operators of all operating and idle petroleum refineries (including new refineries under construction) and refineries shut down during the previous year, located in the 50 States, the District of Columbia, Puerto Rico, the Virgin Islands, Guam, and other U.S. possessions.
