Why marine credit managers are losing sleep
With shipping markets in the doldrums, Bunker Bulletin caught up with several marine fuel industry credit VIPs and asked them what keeps them up at night.
With shipping markets in the doldrums, Bunker Bulletin caught up with several marine fuel industry credit VIPs and asked them what keeps them up at night.
(Thu, 25 Aug 2016) Renewable electricity generation has surpassed levels from previous years in every month so far this year, based on data through June. Both hydroelectric and nonhydroelectric renewables have contributed to this trend, but in different ways. After a lengthy West Coast drought, hydro generation has increased and is now closer to historical levels. Nonhydro renewable generation continues to increase year-over-year and has exceeded hydro generation in each month since February 2016.
(Wed, 24 Aug 2016) Japan, South Korea, and China are the three largest importers of liquefied natural gas (LNG) in the world, accounting for more than half of global LNG imports in 2015.
Positive vibes in the market, it seems, is still unable to lift the mood of the Capesize market.
Things have changed in the land of the red dust.
(Tue, 23 Aug 2016) North Carolina surpassed states with more favorable solar resources to become the state with the second-highest amount of installed utility-scale solar photovoltaic (PV) capacity owned by independent power producers in 2015, behind only California.
On August 5, US sheet producers saw the culmination of many months of work as the US Department of Commerce released its final determinations of countervailing and anti-dumping duties against HRC imports.
The second quarter was a pivotal three months that saw rising crude prices and rig counts, well performance improvements and a brighter tone from US upstream operators who had weathered a tough downturn, and ominous crude prices in early 2016.
(Mon, 22 Aug 2016) Based on projections in the U.S. Energy Information Administration's <em>Annual Energy Outlook 2016</em> (AEO2016), U.S. tight oil production is expected to reach 7.08 million barrels per day (b/d), and shale gas production is expected to reach 79 billion cubic feet per day (Bcf/d) in 2040.
Prema Viswanathan on the recent announcement by energy major BP which says it is looking to divest 50% of its stake in its Chinese petrochemicals joint venture SECCO.