French presidential elections: Crunch time for the country’s energy mix
France is facing its most uncertain presidential elections in decades. The outcome is critical not just on a geopolitical level, but also in terms national energy policy.
Chinese billet plummets on short-position offers in SE Asia
Sentiment for Chinese billet in export markets in SE Asia has not improved despite a slight rebound in China’s domestic billet market.
Asian HRC tumbles to near 25-week low on order drought
The dearth of overseas orders pushed Chinese sellers to further trim selling prices of hot rolled coil April 19, market participants said.
Analysis: Carajas iron ore trade amplifies 65% Fe gap with IODEX
Demand for Carajas iron ore fines at a time of weaker overall iron ore import appetite continues to increase the spread between the Platts 65% Fe index and the benchmark 62% Fe IODEX reference in China.
Levelized Cost and Levelized Avoided Cost of New Generation Resources in the Annual Energy Outlook 2017
(Thu, 20 Apr 2017) This paper presents average values of levelized costs for generating technologies entering service in 2019, 2022, and 2040 as represented in the National Energy Modeling System (NEMS) for the Annual Energy Outlook 2017 (AEO2017) Reference case.
Natural gas generators make up the largest share of overall U.S. generation capacity
(Thu, 20 Apr 2017) In 2016, natural gas-fired generators accounted for 42% of the operating electricity generating capacity in the United States. Natural gas provided 34% of total electricity generation in 2016, surpassing coal to become the leading generation source.
World Trade Center Developer to Oversee M.T.A. Expansion Projects
Janno Lieber will be in charge of high-profile projects such as the Second Avenue subway extension and a new train terminal under Grand Central.
Angolan budgetary pressures rise on low oil prices
Angola faces a dilemma. If OPEC and non-OPEC producer cuts fail to deliver on price, the country faces not just a low-price environment but a curb on output.
Ice Roads Ease Isolation in Canada’s North, but They’re Melting Too Soon
The country’s 3,300 miles of ice roads are a lifeline for marooned communities during frigid winters, but climate change is making the roads unsafe much earlier.
The API gravity of crude oil produced in the U.S. varies widely across states
(Wed, 19 Apr 2017) API gravity is one of the key characteristics of crude oil that, along with other characteristics such as sulfur content, is used by refiners when evaluating different crude streams for processing into petroleum products. In 2016, the majority (51%) of the 8.4 million barrels per day (b/d) of crude oil produced in the Lower 48 states was light oil, or less dense oil with an API gravity of 40.1 or above.