Platts


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Shift happens: The slow apocalypse coming for the shipping industry

Take a seat, Nostradamus: I've got some news. To quote the rock band REM, it's the end of the world as we know it. Like the recent gatherings preceding it, speaker after speaker at the Platts 5th Annual Mediterranean Bunker Fuel Conference in Athens last week discussed the ifs, whats and hows of th ...

OilVoice Press


Posted 2 months agoOpinion > PlattsShipping

The effectiveness and future of Western sanctions on Russia: Fuel for Thought

Western sanctions against Moscow have hurt the Russian economy and restricted some energy projects, but they have failed their main objective of persuading President Vladimir Putin to change his policy in Ukraine. It will continue to have a limited impact unless they are made tougher, the Atlantic C ...

OilVoice Press


Posted 2 months agoOpinion > RussiaPlatts

SENER publishes upstream pipeline rules

Late 2016 and 2017 will be a crucial time for Mexico's energy reform to turn from a mere agenda to actions including completion of the liberalization of the upstream pipeline system. CENAGAS just held the first open season for SISTRANGAS pipelines with results coming in January 2017. CENAGAS will ...

OilVoice Press


Posted 2 months agoOpinion > PlattsSENERMexico +2

Has tight oil put ‘peak oil’ to rest? Not so fast: Fuel for Thought

Eighteen years ago, the International Energy Agency made an alarming and, by its own admission, controversial prediction. Global conventional oil output would peak well before 2020, it said, based on global oil reserve modeling of the day. Pondering the potential repercussions of Peak Oil for the f ...

OilVoice Press


Posted 2 months agoOpinion > Tight OilPeak OilPlatts

Russia resurgent: Oil sees a turnaround in 2016

The year started poorly for Russia, but it has certainly ended well. In January, the price of oil was moldering — below $30/b on occasion. Given Russia's dependence on oil and gas revenue, the budgetary outlook was bleak. Hillary Clinton was going to be elected as the next president of the United S ...

OilVoice Press


Posted 2 months agoOpinion > PlattsRussia

Will Trump try to scrap Obama’s prohibition on Arctic, Atlantic drilling?

In July 2014, as the Obama administration was really beginning to work through its future plan for offshore oil and gas leasing, the industry was hopeful that the plan would include expanded drilling in nearly all US Gulf of Mexico waters, much of offshore Alaska and even off the East Coast. Some i ...

OilVoice Press


Posted 1 month agoOpinion > PlattsDonald TrumpObama +2

The little things—and a lot of facts—that can promote oil output

Sometimes, it's the little things. Sometimes, the little thing might be less than six inches long. When the price of oil started falling, everybody wanted to know what the breakeven price was in US shale plays; there seemed to be a general consensus that if you said $70, you'd sound reasonably inte ...

OilVoice Press


Posted 1 month agoOpinion > PlattsAmericasCrude +1

Rethinking the WTI/gold ratio as oil fundamentals change

Maybe it's time to scrap these oil vs. gold comparisons. It's possible the historic relationship has collapsed into a new normal, and anybody trading an arbitrage expecting a return to the old norm might have a long, long wait. We first took a year-end look at the spread between oil and gold severa ...

OilVoice Press


Posted 1 month agoOpinion > PlattsGoldWTI +1

Keeping Dated Brent current as North Sea production declines: Fuel for Thought

One of the most dominant conversation topics in the crude world over the last several years has been the declining production profile in the North Sea region. North Sea grades—and particularly the light, sweet, distillate-rich crudes that have dominated regional production historically—have formed ...

OilVoice Press


Posted 1 month agoOpinion > PlattsBrentNorth Sea

Fixing Brent

Brent Market Discussion Note  9th January 2017  Contents The Problems with Brent. 3 Propping Up the Status Quo. 4 Kicking Away the Crutches- the Consilience Proposed Brent Methodology. 5 An Important Principle. 6 Quality Adjustment: the Current Problems. 6 Compensation for Quality Variations ...

Liz Bossley


Posted 1 month agoOpinion > BrentbenchmarkPlatts +2

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Oil Stocks Build of 1.75 Million Barrels

Early signs of winter refinery maintenance and increased imports likely pushed U.S. crude oil inventories higher last week, according to an S&P Global Platts preview of this week's pending U.S. Energy Information Administration (EIA) oil stocks data.  Survey of Analysts Results : Crude oil ...

OilVoice Press


Posted 1 month agoPress > PlattsEnergy Information Administration EIACrude

Sharp Mountain Conferences Chemical Engineering Innovation

Sharp Mountain Conferences Chemical Engineering Innovation is  48 days away.This conference will be taking place at the prestigous: HILTON COPENHAGEN AIRPORT  Ellehammersvej 20  I  2770 Kastrup  I  Denmark  Date 27th February 2017  to  1st March 2017 Please note we have reduced the price of the c ...

Hilton Hannibal - Oil Political Diligence


Posted 1 month agoPress > PlattsBPTNK-BP +2

African LNG: next wave potential

A string of new LNG projects in Australia, North America and Russia promise a growing surplus of LNG on international markets, making the timing of new Sub-Saharan African LNG projects difficult. Move too early and the offtake agreements will not be generous, with new projects feeding into an alr ...

OilVoice Press


Posted 1 month agoOpinion > PlattsLNGAfrica

Crude correlations about crude oil can shed light on changes

Statistical correlations are interesting things. One of my favorite websites, and now a book, is Spurious Correlations . The site's author looks at seemingly unrelated data sets that correlate in interesting ways. For example, there is a high degree of statistical correlation between the per capita ...

OilVoice Press


Posted 27 days agoOpinion > PlattsCrude

Libya: an OPEC wildcard?

Libya has the potential to upset the OPEC apple cart, and early expressions of high levels of compliance with the cuts agreed by OPEC and associated non-OPEC producers should be taken with a pinch of salt. According to an interview with S&P Global Platts' Eklavya Gupte January 24, chairman of Li ...

OilVoice Press


Posted 27 days agoOpinion > PlattsOPECLibya

Permian returns are producing all of the oil drilling drama

In the last year, commodity prices have improved considerably. While oil prices were sub-$40/b in early 2016, producers were cutting back on new drilling and focusing on efficiencies — by cutting costs and concentrating drilling in the highest initial production (IP) rate counties — to get the most ...

OilVoice Press


Posted 24 days agoOpinion > PlattsPermian

History repeats as US E&P operators grow by acquisition: Fuel for Thought

Barely three weeks into the New Year, US upstream merger and acquisitions have sizzled as players in a charged-up industry, hungry to get moving after two-plus years of low oil prices and curbed activity, position not just for the up-cycle but the next decade or two. Overwhelmingly, the Permian B ...

OilVoice Press


Posted 22 days agoOpinion > PlattsAcquisition

Could 3-D printers hasten peak oil demand? – Fuel for Thought

A global transition away from oil and gas is well underway as booming renewable energy sources and electric cars portend major changes for the industry. Last week BP outlined the challenges ahead, but the company's crystal ball has yet to focus on the disruptive potential from what may be the bigg ...

OilVoice Press


Posted 16 days agoOpinion > Platts3D Printeroil demand

Full steam ahead for SOCAR Trading’s LNG-to-power strategy

The startup in January of LNG supplies to the small Mediterranean island state of Malta could be considered a mere drop in the ocean for the global LNG market. But for Azerbaijan's SOCAR Trading, it represented the beginning of a strategy that could see it partner with more energy-poor countries t ...

OilVoice Press


Posted 14 days agoOpinion > PlattsLNGSOCAR

China’s independent refiners could get regulated away: Fuel for Thought

China's regulatory pendulum has swung from supporting independent refiners by encouraging competition and deregulation to favoring state-owned oil companies, which could have the impact of regulating many of the independents out of business. In early 2015 China's independent refiners, or teapots, ...

OilVoice Press


Posted 1 day agoOpinion > PlattsChinaRefining