Robert Perkins
Senior writer/editor 
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June 25, 2019 09:18 UTC 
(0)
Proved oil reserves, historically a proxy for geopolitical clout and energy security, may be losing their currency in a world set on ushering in the end of the fossil fuel era. The growing acceptance of the climate threat from carbon-rich energy is focusing minds on producing cleaner fuels rather than stockpiling sources of old, dirty ones. |
Andrew Critchlow
Head of news, EMEA
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June 24, 2019 09:16 UTC
(0)
The UK wants to be a world leader in the fight against climate change. Committing to reduce greenhouse gas emissions to almost zero by 2050 is an admirable but expensive and difficult goal to achieve. |
Emma Slawinski
Editor, Platts Insight
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June 21, 2019 13:46 UTC
(0)
For the second time in as many weeks, oil markets were jolted by events in the Middle East, with prices jumping on reports that Iran had shot down a US drone over the Strait of Hormuz on June 20. Crude prices continued to rise on June 21, on fears that the US and Iran could be headed towards a military confrontation. |
Lucie Roux
Senior writer, LNG 
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June 19, 2019 11:14 UTC
(1)
Mark Gyetvay, CFO and deputy chairman of the management board at Novatek, visited S&P Global Platts for an interview with senior writer for LNG, Lucie Roux. Novatek is a Russian independent gas producer known for its Yamal LNG terminal, launched in 2017, and now for its Arctic LNG projects. |
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Andrew Critchlow
Head of news, EMEA
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June 18, 2019 08:45 UTC
(3)
Oil tankers ablaze in the Gulf of Oman and the US pointing the finger at Iran should be enough to send the price of the world’s most vital commodity skyrocketing. Instead, oil prices have barely budged. Traders are not buying into the theory that Tehran wants a war, but they are worried about demand. |
Nick Coleman
Senior editor
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June 17, 2019 10:00 UTC
(0)
The imminent start of production from Norway’s giant Johan Sverdrup field this autumn has obscured some big challenges facing the country’s oil industry. State-controlled Equinor has been trumpeting its progress on the 2.6 billion barrel oil project, due on stream in November, and particularly the reductions in its expected price tag by more than a third to NOK127 billion ($14.5 billion). |
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Emma Slawinski
Editor, Platts Insight
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June 14, 2019 12:52 UTC
(0)
Global oil markets were jolted late in the week by reports of attacks on two oil tankers near the Strait of Hormuz on June 13. Brent crude futures climbed almost 4% immediately after the attacks. ICE Brent eventually settled $1.34 higher at $61.31/b, and was trading higher the morning of June 14. |
Shubhlakshmi Shukla
Editor, European electric power 
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June 14, 2019 12:42 UTC
(4)
One week ago, European spot power exchange EPEX Spot was hit with an issue any financial platform would want to avoid. Technical problems led to a series of server crashes, forcing the exchange to launch back-up auction procedures. This resulted in Belgian power prices spiking to over Eur2,000/MWh. During EPEX Spot’s preliminary auction at mid-day London time on June 7, the Belgian day-ahead baseload power contract reached EUR2,233.39/MWh. The auction was then cancelled due to the technical issue. |
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Laura Huchzermeyer and Kristian Paris Tialios
Editors, Americas crude oil markets
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June 13, 2019 06:30 UTC
(1)
The US exported more than 3 million b/d of crude for the second week in a row in the week ended June 7, aided by macroeconomic factors that have made US oil prices more attractive. According to S&P Global Platts Analytics data, more than 3.18 million b/d was exported from the US last week, down slightly from the estimated 3.35 million that was exported during the week ended May 31. The Energy Information Administration reported US crude exports averaging more than 3 million b/d since the week ending May 24. |
Paul Bartholomew
Senior managing editor 
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June 12, 2019 08:46 UTC
(2)
Almost everywhere you look, auto production and sales are falling and putting pressure on one of the major end-user segments of steel. News within the space of a fortnight that British Steel was insolvent and Ford’s Bridgend plant in the UK would cease production in 2020 was somewhat emblematic of the challenges faced by carmakers and their steel suppliers. |
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