Saudi-US relations reset along familiar lines: Fuel for Thought
The Louisiana Offshore Oil Port is marketing a revised specification for oil stored in one of its eight underground caverns. John-Laurent Tronche has the latest.
Crude oil and natural gas production in Texas and Oklahoma's Anadarko Region is growing
(Mon, 28 Aug 2017) The Anadarko Region, which was recently added to EIAâs <em>Drilling Productivity Report</em> (DPR), accounted for 437,000 barrels per day (b/d) of oil production and 4.9 billion cubic feet per day (Bcf/d) of natural gas production in July 2017. Production in the region has increased in 2017, and the region accounted for 13% of all new wells drilled in the country in July 2017.
Hurricane Harvey headed for area with significant oil, natural gas infrastructure
(Fri, 25 Aug 2017) Hurricane Harvey strengthened to a Category 1 hurricane Thursday afternoon and is currently forecast to make landfall over southeast Texas later today or early Saturday.
California increased electricity imports and natural gas generation during solar eclipse
(Thu, 24 Aug 2017) During the solar eclipse that passed across the continental United States on August 21, 2017, solar output on the California Independent System Operator (CAISO) electric system dropped while the sun was partially obscured.
As energy evolves, learning must continue: Platts and the CAP
It’s been over a year since Seth Clare joined Platts through the Commodity Associate Program. He shares his experiences in The Barrel blog.
Northwest heat wave leads to record levels of summer electricity demand
(Wed, 23 Aug 2017) Multiple record-breaking heat waves swept across the western United States this summer, with the latest occurring in the Pacific Northwest on August 1-4, 2017. Coincident with the hot weather, some of the largest electricity balancing authorities in the area experienced record high summer electricity demand on their systems.
How does IMO bunker fuel reform add up for consumers?
The shipping industry looks set to be shaken up by the International Maritime Organization’s decision to cut global bunker sulfur limits to 0.5% in 2020. Jack Jordan elaborates.
Revised Segregation 20 spec at LOOP to include Midland, Bakken crudes
The Louisiana Offshore Oil Port is marketing a revised specification for oil stored in one of its eight underground caverns. John-Laurent Tronche has the latest.
Mexicoâs shale-rich Burgos Basin opens to private investment for the first time
(Tue, 22 Aug 2017) In July 2017, Mexicoâs national energy ministry (SENER) opened the onshore portion of the Burgos Basin, a shale-rich basin in northeastern Mexico, for natural gas exploration and development by private companies. This is the first time non-state entities were offered access to the Burgos Basin for development since the creation of the national oil company Petróleos Mexicanos (PEMEX) in 1938.
Natural gas-fired electricity conversion efficiency grows as coal remains stable
(Mon, 21 Aug 2017) From 2006 to 2015, annual average heat rates of natural gas-fired electricity generators decreased 7% as heat rates of coal-fired electricity generators remained stable, increasing only 1%. Heat rates are calculated based on the amount of energy (measured in British thermal units) reported to EIA that was used to generate a unit of electricity.