The futures, the physical, and the steel and iron ore prices
The winds of change are blowing in the global steel market, as heightened volatility and macroeconomic factors increasingly affect the supply chain.
Future natural gas plant liquids production depends on resources, market conditions
(Thu, 04 Aug 2016) Natural gas plant liquids (NGPL) accounted for 22% of total U.S. petroleum and other liquid fuels production in 2015. In EIA's Annual Energy Outlook 2016 (AEO2016) Reference case, increases in NGPL account for a significant share of total increases in petroleum and other liquid fuels production over 2015?40.
With JV, Sabic makes bold move for North American petchem markets
Leave it to ExxonMobil Chemical and Sabic to do it big.
Crude-by-rail volumes to the East Coast are declining
(Wed, 03 Aug 2016) Movements of crude oil by rail within the United States averaged 443,000 barrels per day (b/d) in the first five months of 2016, down 45% from the same period last year. Fewer shipments of crude oil by rail from the Midwest (PADD 2) to the East Coast (PADD 1) account for about half of the decline.
EU gears up to drive oil out of transport
With the EU looking to cut its transport emissions and high oil import dependency, we discuss whether biofuels or renewable electricity could really displace oil on a large scale.
Steel leading the charge for trade wars
With China now getting in on the trade case action, it’s worth keeping an eye on.
Early Release of 2015 Annual Electric Sales and Revenue Data
(Tue, 02 Aug 2016) The early release of the 2015 Annual Electric Sales and Revenue Data from the 2015 Form EIA-861 contains detailed spreadsheets for electricity sales, revenue and price, as well as energy efficiency, demand response, net metering, dispersed and distributed generation, distribution circuits, distribution system reliability, balancing authority and service territory data. The data cover the 50 states, the District of Columbia, and the U.S. territories.
Renewables share of North America electricity mix expected to rise
(Tue, 02 Aug 2016) Based on results from EIA's Annual Energy Outlook 2016 (AEO2016) Reference case and International Energy Outlook 2016, EIA projects that the North American share of energy generation from renewable and nuclear energy sources will grow from 38% in 2015 to 45% in 2025. This projection assumes the Clean Power Plan (CPP) is upheld and takes effect in the United States. A recent agreement among Canada, Mexico, and the United States established a goal of 50% of electricity generation from clean energy sources by 2025
Thanks to high regional prices, South America emerges as key US LNG market
High regional gas prices in South America, most notably Argentina, are attracting US exports of domestically produced LNG, with more than 70% of landed cargoes arriving on the continent so far this year, according to new data compiled by Platts Analytics' Eclipse Energy.
Bashneft sale, a bellwether for Russian oil strategy: Fuel for Thought
When Vladimir Putin greenlighted the sale of Russia’s 50% stake in Bashneft in May, it became a test case for how the government may reshape Russia’s oil industry.