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.
The Platts JKM for November delivery was unchanged Thursday, September 18, at $14.60/MMBtu with little supply offered and muted firm demand from most end-users....Read More »
LPG prices edged up by around Yuan 20-50/mt ($3.25-8.13/mt) in South and
East China this week amid lower supply due to refinery maintenance fewer
arrivals of imported cargoes, domestic trade sources said Friday, September
Continental Resources unveiled results of the Springer Shale on Thursday,
a new Oklahoma oil play that could help boost the state's already growing
production to levels not seen in decades.
The recent string of discoveries Brazilian state-run oil company
Petrobras has made in the Sergipe-Alagoas Basin off the country's northeast
coast holds light oil and condensate rated 38-44 API, a company official said
China will look to drive "a hard bargain" on prices when signing LNG
off-take deals with Canadian producers in large part because of its recently
signed supply deal with Russia, an official with China National Offshore Oil
Dutch and German GASPOOL spot prices rose Thursday in line with UK NBP
gains, while Germany's NetConnect was dealing lower day on day.
China has slashed its official target for shale gas production in the
medium term by up to a third and now expects to achieve 30 billion cubic
meters of output by 2020, according to the country's Ministry of Land and
Resources at a briefing in Beijing Wednesday, September 17.
Generation retirements could cause New York to face electricity
shortfalls a year earlier than previously thought, but behind-the-meter
resources could help reduce the risk of such shortfalls, new reports show.
French wholesale market activity in April-June rose year on year despite
lower power demand, as traders focused on longer-term contracts, a report by
French energy regulator CRE showed Thursday.
Ohio regulators, overriding an objection by a major industrial group, on
Wednesday approved the $12.4 million sale of Dayton Power & Light's remaining
31%, or 186 MW, ownership in the East Bend coal-fired power plant to Duke
China's domestic thermal coal market may not get much support from
pre-winter stocking in the seasonally strong fourth quarter, this year, due to
high stocks at power utilities, which are running on relatively low capacity
amid rich hydropower and a slowing economy, industry sources said Thursday.
Despite natural gas futures climbing above $4/MMBtu on Wednesday, coal
prices mostly fell on account of traders unwinding unfavorable positions,
a market source said.
Several Australian thermal coal suppliers are likely to be hit by the
Chinese government's move to restrict use of high ash and sulfur material from
2015, analysts said Tuesday, September 16.
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