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2014-09-19 08:23:06

Production from Prolific Shale Plays Up 31.5% Compared to Year Ago Levels DENVER and HOUSTON, Sept. 19, 2014 /PRNewswire/ -- Oil production from shale formations in North Dakota and Texas increased by more than 78,000 barrels per day (b/d) in August or 3.1% in August, according to Bentek Energy, an analytics and forecasting unit of Platts, a leading global provider of energy, petrochemicals, metals and agriculture information. The latest data shows that South Texas, Eagle Ford oil...

2014-09-18 12:23:13

LNG Prices Increased 19.8% Month over Month, but Fell 15.8% Year over Year LONDON, Sept. 18, 2014 /PRNewswire/ -- Prices of spot liquefied natural gas (LNG) for October delivery to Asia gained 19.8% on a month over month to an average $12.826/MMBtu per million British thermal units (/MMBtu), according the latest Platts Japan/Korea Marker (Platts JKM(TM)) for month-ahead delivery released today at the 2014 Platts LNG Forum in London. This marked the first month-over-month increase...

2014-09-17 20:20:56

Address Precedes Unveiling of Annual Global Energy Company Rankings SINGAPORE, Sept. 17, 2014 /PRNewswire/ -- The keynote speaker at this year's unveiling of the Platts Top 250 Global Energy Company Rankings(TM) in Singapore on October 28 will be the chairman and CEO of the Institute of Energy Economics, Japan (IEEJ), Mr. Masakazu Toyoda. The keynote address will precede the unveiling of the 13th annual rankings of energy companies - the Platts Top 250 - which includes publicly...

2014-09-12 08:22:03

Lackluster Derivative Demand, Returning Production Reversed Two-month Uptrend LONDON, Sept. 12, 2014 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market dropped 1% in August as energy prices fell globally, according to the just-released monthly Platts Global Petrochemical Index (PGPI). The PGPI is a benchmark basket of seven widely used petrochemicals and is published by Platts, a leading global energy, petrochemicals and metals information provider and a top...

2014-09-09 16:22:05

Up 70,000 Barrels Per Day from July on Libyan, Angolan Output Increases LONDON, Sept. 9, 2014 /PRNewswire/ -- Platts - Oil production from the Organization of the Petroleum Exporting Countries (OPEC) climbed 70,000 barrels per day (b/d) to 30.2 million b/d in August from 30.13 million b/d in July as Libyan output surged despite the downward spiral of political chaos in the country, a Platts survey of OPEC and oil industry officials and analysts showed Tuesday. The OPEC total in...

2014-09-09 08:23:31

August Proved the Eighth Consecutive Record-Breaking Month of 2014 DENVER, Sept. 9, 2014 /PRNewswire/ -- Natural gas production in the lower 48 United States increased by 0.4 billion cubic feet per day (Bcf/d) during the month of August versus July, according to Bentek Energy®, an analytics and forecasting unit of Platts. Production averaged 68.9 billion Bcf/d, the highest monthly average on record and the eighth consecutive month this year that average monthly production exceeded...

2014-09-09 00:20:58

Monthly Index Totaled 45.88, Down 1.09 Points from August's Reading of 46.97 BEIJING, Sept. 8, 2014 /PRNewswire/ -- The health of China's steel sector may be poised for a less than robust immediate future, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a September reading of 45.88 out of a possible 100 points. This is down 1.09 points from an August reading of 46.97 and is the third consecutive month the index has remained below 50, indicating...

2014-09-03 08:25:41

U.K. and Dutch Power Prices Followed Natural Gas, But Platts CONTI Declined Again LONDON, Sept. 3, 2014 /PRNewswire/ -- Colder weather, reduced liquefied natural gas (LNG) send-out from terminals into the U.K. gas network and an escalation in the Ukraine/Russia conflict lifted European natural gas prices in late August while day-ahead electricity price trends diverged, according to data just released by Platts, a leading global energy, petrochemicals and metals information provider....

2014-08-28 04:20:30

Annual Roster and Second "Asia CEO of the Year" to be Announced at Singapore Dinner SINGAPORE, Aug. 28, 2014 /PRNewswire/ -- Platts, a leading global provider of energy, petrochemicals, metals and agriculture information, will unveil its 2014 Top 250 Global Energy Company Rankings(TM) on October 28 during Singapore International Energy Week (SIEW), an annual exchange of ideas and discussions addressing pertinent energy issues. The Platts Top 250 Rankings, now in its 13(th) year, will...

2014-08-27 04:20:44

July Demand Down Month over Month; China Becomes Net Exporter of Oil Products SINGAPORE, Aug. 27, 2014 /PRNewswire/ -- China's apparent oil demand* in July decreased by 2.1% over the same month a year ago, according to a just-released Platts analysis of Chinese government data. The apparent oil demand in July was 40.63 million mt or 9.61 million barrels per day (b/d). On a month-over-month basis, this was a 6.2% drop from 10.25 million b/d in June. The fall reversed the positive...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.