Posts Tagged ‘prices’

China’s thermal coal imports overstay their welcome

Ever had a house guest who has outstayed their welcome? It could be a family member, old school friend or acquaintance who has taken up residence in your house for longer than expected. They said they would stay only for a few days, then a week goes by and you begin to get impatient and frustrated. Politeness and your good manners keep you from broaching the subject of their stay. What to do?

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Gazprom, oil-link vs spot gas prices, and storage

Europe’s competition commissioner Margrethe Vestager is taking on some tough battles. Last week she accused US technology giant Google of abusing its dominant position in the internet search market. This week she has laid charges against Russian gas producer Gazprom over its sales practices in eastern Europe.

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IHS CERAWeek 2015, Day 1: Thoughts from our oil editors

As we have in years gone by, we’re highlighting parts of the IHS Energy CERAWeek here on The Barrel. We have a rotating cast of editors coming this week to the Houston energy conference, from oil to natural gas to power, and each day we’ll have a post in which we share what stood out to us.

You can follow more of the coverage by following @PlattsOil, @PlattsGas and @PlattsPower and looking for the hashtag #CERAWeek, as well as by checking Platts.com for news stories. At the end of the conference, we’ll also have a Storify feature about the conference, compiling all our coverage in one location.

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Canadian oil producers need to learn lessons from Keystone XL saga: New Frontiers

Canada is pursuing projects that will have a major impact not only on national production, but on the North American oil landscape as a whole, as Ashok Dutta explains in New Frontiers, this week’s Oilgram News column.

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Guest post: Out of sight, out of mind? Vermont considers its renewables

John Kingston is president of The McGraw Hill Financial Global Institute and director of global market insights. He continues to observe energy markets after his many years with Platts.

There’s another growing kerfuffle in Vermont, which we’ve written about before as it tries to balance a seemingly impossible array of choices as it moves forward with its energy future. It’s a small state, but some of the conflicts there are sure to be duplicated in other parts of the US…and the world.

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Private companies struggle for Russian offshore opportunities: Regulation and Environment

Ask most people about Russian oil and gas production, and they’re likely to bring up the two giants: Rosneft and Gazprom. But private companies are possibly in a position to see their roles change in the country’s oil landscape, as Rosemary Griffin describes in this week’s Oilgram News column, Regulation and Environment.

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Chinese steelmaking ready for an April rebound?

The outlook for China’s steel market during April remained at similar levels to March, underpinned by expectations of stronger construction activity during China’s warmer spring months, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a headline reading of 74.7 out of a possible 100 points.

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The Oil Big Five: Taking stock at the end of Q1

There are a couple months of the year that seem busier than others, and April is one in the oil industry. The first quarter has ended, and many of the editors here at Platts are readying themselves for the slew of earnings calls and reports that will be coming soon. Those quarterly updates can sometimes signal big changes – announcements about new projects, financial doings, production figures, etc. – and we wanted to assess the global oil industry now, in the calm before the storm.

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US crude build not seen since 2001 shakes up prices: EIA analysis

US commercial crude oil stocks lifted to 482.393 million barrels for the week ended April 3 after adding 10.949 million barrels, the largest weekly build since 2001, according to the latest data from the US Energy Information Administration.

Even before the bearish data came out, NYMEX crude oil futures were trading in the red this morning, but the front-month contract dipped as low as $51.46/b after the news, falling $2.52/b. To read the full Platts analysis of the data, click here.

New aluminum batteries illuminate the bigger issues of storing electric power

Picture a familiar scenario. Your work day has over run, and you find yourself on a platform waiting for a train that isn’t coming. You attempt to call your spouse to say you’ll be late home for whatever’s left of your cold, sorry dinner. Then it happens. The last little magical bar of power on your smartphone disappears, the screen goes blank and the device switches off. Fellow train-spotters nod in sympathy as you shake your phone, and wonder aloud, “But I only just charged the darn thing!”

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