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Japanese power generators hold high LNG inventory
Japanese power companies have been building LNG storage since early this year, and are now reaching such high levels near the end of peak summer demand that their spot appetite...Read More »
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Asia LPG market in extended contango structure on swelling supply
Abundant Western LPG supplies to Asia up to November and soft demand have
kept the paper market in an extended contango structure since August 1,
possibly the longest the prompt market has held below the forward month in
recent years, according to Platts data and traders Tuesday, September 30.
US July crude imports climb, but no Nigerian barrels for first time: EIA
US crude imports rose 569,000 b/d in July, though imports of Nigerian
crude fell to zero for the first time on record, data from the US Energy
Information Administration showed Monday.
Russian Rosneft announces major oil, gas discovery in Arctic Kara Sea
Russia's Rosneft has made a major oil and gas discovery in the Arctic
Kara Sea following the drilling of the northernmost well in the world in the
East-Prinovozemelsky 1 block, which it explores together with ExxonMobil, the
company said Saturday.
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Kansas co-op Sunflower cuts coal plant generation to conserve fuel
Sunflower Electric Power's 360-MW Holcomb coal-fired power plant in
western Kansas is among the latest in a growing list of US generating stations
to experience backlogs in rail deliveries of low-sulfur Powder River Basin
coal, shortages that have led to generation cuts, the co-op said Monday.
Coal stocks at key Indian ports rise 4.7% to 11.19 mil mt: Interocean
Coal stocks at 16 major Indian ports were at 11.19 million mt as of
September 26, up 4.7% from a week ago, according to data released late Friday
by Indian ship broker Interocean.
Tohoku, Glencore settle Oct 2014-Sep 2015 Australian thermal coal at $73.85/mt
Japan's Tohoku Electric Power and mining giant Glencore have settled the
benchmark annual contract price for Australian thermal coal for delivery
from October 1, 2014 to September 30, 2015, at $73.85/mt FOB, basis 6,322
kcal/kg GAR, a trading company source said Monday.