More US ethanol exports could head to Korea in shuffling of supply, demand
The US is poised to send more ethanol to Korea, which has traditionally imported Grade B product mostly from Brazil.
A failed coup in Turkey could lead to drastic plastics concerns
The coup attempt has raised concerns about the unstable state of politics as well as the Turkish economy in the near future, especially regarding the volatility of its currency.
Changing U.S. energy mix reflects growing use of natural gas, petroleum, and renewables
(Thu, 21 Jul 2016) Primary energy consumption fell slightly in 2015 as a decline in coal use exceeded increases in natural gas, petroleum, and renewables use. In most cases, changes between 2014 and 2015 reflect longer-term trends in energy use.
Rough outage set to increase UK gas import reliance this winter
The UK's Rough storage facility outage is set to increase UK gas import reliance this winter. What will be the likely impact and how might the shortfall best be managed?
U.S. electric system is made up of interconnections and balancing authorities
(Wed, 20 Jul 2016) Electricity generated at power plants moves through a complex network of electricity substations, power lines, and distribution transformers before it reaches customers. In the United States, the power system consists of more than 7,300 power plants, nearly 160,000 miles of high-voltage power lines, and millions of low-voltage power lines and distribution transformers, which connect 145 million customers.
Russia arms its energy weapon, targets Belarus over gas prices
Russia finds itself once again in a row with one of its neighbors over gas prices — a constant theme since the early 2000s — triggering renewed fears that Moscow is again using energy as a weapon to put pressure on its customers.
India continues developing its strategic petroleum reserve as its oil imports grow
(Tue, 19 Jul 2016) In response to India's increasing reliance on petroleum imports, India plans to bring online the country's first strategic petroleum reserve (SPR). The first phase of India's SPR includes three locations (Visakhapatnam, Mangalore, and Padur) in southern India with a combined capacity of 39.1 million barrels of crude oil. The Visakhapatnam facility on the eastern coast began filling its underground caverns last summer. The Mangalore and Padur facilities are expected to be completed in late 2016, according to FACTS Global Energy.
Turkey coup attempt: What has been the impact on global commodities, energy markets?
Following on from a failed coup attempt launched late Friday, July 15, by Turkish army officers, what has been the impact -- if any -- on commodities markets?
Fuel for Thought: OPEC’s pyrrhic market share victory
Paul Hickin blogs on how OPEC’s decision to defend its market share by opting for freewheeling crude oil production appears to be working.
The future of US fracking and finding who gets the final say
Fracking helped unleash a flood of new US oil and gas production, but it also brought a question: who, or what federal agency, has the power to regulate it?