(Tue, 06 Dec 2016) Spectra Energy Corporation has almost completed the first two natural gas pipeline projects in New England since 2010. On November 1, Spectra placed part of the Algonquin Incremental Market (AIM) project into service, following the late-October approval from the Federal Energy Regulatory Commission (FERC). The remainder of the project is expected to be completed this month.
(Tue, 06 Dec 2016) U.S. crude oil production averaged 9.4 million barrels per day (b/d) in 2015, and it is forecast to average 8.9 million b/d in 2016 and 8.8 million b/d in 2017.
Egypt hopes OPEC’s move to cut oil output will actually breathe life into the moribund traffic in its Suez Canal and provide badly needed foreign currency.
(Mon, 05 Dec 2016) In terms of electricity usage, Thanksgiving Day is one of the most unusual days of the year. Typically at this time of year, electric loads in most regions have a small peak in the morning and a larger peak in the evening. On Thanksgiving, however, the largest peak of the day occurs closer to midday as many Americans gather to celebrate the holiday.
Readers respond to “Choke Point of a Nation,” “A Trump-Led Trip Back to the Gold-Plated ’80s” (Nov. 27).
Readers respond to “A Win for a Whistle-Blower” (Nov. 27).
Readers discuss job training, how robots are replacing humans, “no layoff” policies and more.
S&P Global Platts stages many steel conferences and forums around the world, but regardless of the location China is invariably the dominating topic.
(Fri, 02 Dec 2016) The first commercial U.S. offshore wind farm, Block Island, is scheduled to come online in late 2016. Located three miles off the southeastern coast of Rhode Island, Block Island consists of five wind turbines that will produce 30 megawatts of electricity. The electricity will be used on Block Island, where electricity is currently supplied by diesel-powered generators.
To their surprise, delegates and speakers flying into Mumbai last month for Platts Steel Markets Asia conference were witnesses to history in the making.
