US buyers and sellers of steel have lots of time on their hands to study their predicament as the market remains in the doldrums, but gaining perspective could produce even more malaise.
Posts Tagged ‘prices’
By Robert Perkins | October 5, 2015 12:01 AM Comments (1)
By Jeff Ryser and Eric Wieser | October 1, 2015 12:01 AM Comments (0)
It was a curious stretch of time for wind power generation in Texas.
From mid-August to mid-September, the availability of wind generation in the most heavily-stocked market did a virtual U-turn.
By Janet McGurty | September 30, 2015 12:01 AM Comments (0)
By J Robinson | September 28, 2015 06:00 AM Comments (0)
During routine testing of the expanded Panama Canal, engineers recently discovered some alarmingly large leaks in the new Cocoli Locks on the Pacific side, separating the middle and lower chambers. Despite the startling volume of water that can be seen cascading through what appears to be several meters of solid concrete, news of this development seems to have remained a secret. Alternatively, perhaps it’s just that no one actually cares.
According to the Panama Canal Authority, LNG tanker traffic is expected to reach 25 million metric tons per year upon completion of the expansion project. In recent years, LNG export project developers along the US Gulf Coast have been banking on an expanded canal for sales to Asia. Indeed, according to some estimates, the transit distance from the US Gulf Coast to Japan can be reduced to around 9,215 nautical miles, compared with 14,570 nautical miles through the Suez Canal.
By Rosemary Griffin | September 28, 2015 12:01 AM Comments (1)
Russia’s oil and natural gas industry is feeling the impact of low prices and financial and technological sanctions, but disagreements within the country’s own energy sector are also proving a hurdle to development, as Rosemary Griffin details in this week’s Oilgram News column, Petrodollars.
By Tom Balcerek | September 24, 2015 12:01 AM Comments (2)
Hank Steel, sitting on a low mound of trade publications, is trying to take off his wing-tip shoe without untying it, panting. He gives up, exhausted, tries again.
Enter Bobby Mallaferro.
HANK: (giving up again) Nothing to sell.
By Starr Spencer | September 22, 2015 12:01 AM Comments (0)
The recent Barclays CEO Energy-Power Conference came at a crucial time in the current lower-for-longer oil price environment and clarified upstream CEOs’ plans to weather what could be 2015 all over again for a couple of more years.