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Platts Energy Week is an independent energy news and information program that airs weekly. The program provides a forum where prominent decision makers in government, industry and markets gather to provide information that their peers can use to help gauge opportunities and risks associated with energy investments and trading.

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US airlines loosen belts on costly hedges as jet fuel turbulence wanes

US airlines have loosened their belts on costly hedges as jet fuel turbulence wanes, while Europe's reaction to lower and less volatile jet fuel prices has been mixed....Read More »


  • US imposes sanctions for obfuscation of Iranian condensate sales, oil transfers

    The Obama administration on Friday imposed sanctions on Faylaca Petroleum and several individuals for collaborating to "obscure the origin of Iranian gas condensate," the sale of which is restricted under current US sanctions against Iran.

  • Kuwait's KPC term naphtha talks for Dec 2014

    Kuwait Petroleum Corp will be holding term discussions with its customers for its December 2014-November 2015 naphtha cycle over the week of September 22-26 in Singapore, market participants said Friday.

  • Uganda raises oil reserves to 6.5 billion barrels

    The Ugandan government has raised its oil reserves to 6.5 billion barrels after the latest results from appraisal activities in the fields in three blocks in the Lake Albertine Rift basin, the state Petroleum Exploration and Production Department said in a statement Friday.

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