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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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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.
Mediterranean gasoline fundamentals for tight summer spec, long winter grade diverge
Market fundamentals in the FOB Mediterranean gasoline cargo market for
the low-Reid Vapor Pressure, 60 kPa, summer-spec gasoline and the higher-RVP,
80 kPa gasoline, are diverging, with a strong market on summer-grade and a
longer market for the cheaper winter-spec, as the region transitions to
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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.