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.
(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.
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?
Paul Hickin blogs on how OPEC’s decision to defend its market share by opting for freewheeling crude oil production appears to be working.
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?
(Mon, 18 Jul 2016) Although the crude oil price decline since 2014 has led to significant reductions in operating cash flow for U.S. oil companies, their immediate financial situations are improving. As oil companies' spending falls and crude oil prices increase, the need for oil companies to find external sources of funding may decline, which could reduce financial strain in the coming quarters.
Chatter has grown increasingly loud about Indian buying interest for seaborne, imported ethanol and there has been a flurry of new players hoping to jump onto the bandwagon.
At the recent Platts Steel Markets Europe conference in Barcelona, Brexit paled in comparison to concerns around the ongoing influence of China on European steel markets.
Most predictions come with a disclaimer that if some rare, high-profile, unforeseen event were to occur, all bets are off. Usually that disclaimer is unwritten. Sometimes it is written.
(Fri, 15 Jul 2016) In 2016, nearly 300 megawatts (MW) of electricity generating capacity is expected to come online from dams that did not previously have electric generating units, commonly referred to as nonpowered dams (NPDs). NPD capacity additions make up 92% of the 320 MW of planned hydroelectric capacity for 2016.
