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Last updated on April 18, 2014 at 7:15 EDT

Latest Platts Stories

2013-06-05 12:24:45

European, U.K. Natural Gas Price Declines Limited by Rush to Replenish Depleted Stores LONDON, June 5, 2013 /PRNewswire/ -- Prices of day-ahead power in Europe and the United Kingdom continued to decline in May, as did day-ahead prices of European and U.K. natural gas, according to monthly data just released by Platts, a leading global energy, petrochemicals and metals information provider. "European power prices fell last month as underlying demand weakness, reduction of industrial...

2013-06-03 16:21:41

15th Annual Awards Dinner Gala to be Held in New York City NEW YORK, June 3, 2013 /PRNewswire/ -- Nominations are now being accepted for the 2013 Platts Global Energy Awards, which recognize corporate and individual excellence across the entire energy complex. A total of 18 awards will be given in five sections: Strategic Vision, Industry Leadership, Stewardship, Premier Projects and Leading Technologies. All nominations must be received by September 16, 2013. The Awards program,...

2013-05-23 20:20:32

Inaugural Awards Program Lauds Winners from Luxembourg, U.K., Sweden, India and U.S. LONDON, May 23, 2013 /PRNewswire/ -- It was a dual win for Novelis Inc. at the inaugural Platts Global Metals Awards, which recognize exemplary performance in nearly a dozen categories spanning the entire steel, metals and mining complex. At a black-tie dinner attended by more than 200 metals industry executives, the global aluminum producer and recycling giant received "CEO" and "Metals Company of...

2013-05-23 08:22:02

Refinery Utilization Rates Remain Lower Due to Seasonal Maintenance SINGAPORE, May 23, 2013 /PRNewswire/ -- China's apparent oil demand* in April rose by 2.1% to an average 9.66 million barrels per day (b/d) or 39.54 million mt, a just-released Platts analysis of Chinese government data showed. This followed a 1.9% year-over-year expansion in March to an average 9.77 million b/d. Apparent demand for oil in April was the lowest level since August 2012, when apparent demand averaged...

2013-05-20 12:21:50

On a year-over-year basis, June prices were down 16.4% versus 2012 SINGAPORE, May 20, 2013 /PRNewswire/ -- Prices of liquefied natural gas (LNG) for June delivery to Asia fell 5.8% to $14.565 per million British thermal units (/MMBtu), as spot demand has failed to rebound in the past few months, according to the latest monthly Platts Japan/Korea Marker (JKM) for month-ahead delivery. The monthly average Platts JKM for delivery in June was assessed over the period of April 16 to May...

2013-05-13 16:21:35

Saudi Arabia's Oil Output Drives Overall Organization Production Increase LONDON, May 13, 2013 /PRNewswire/ -- The Organization of the Petroleum Exporting Countries (OPEC) boosted crude output by 250,000 barrels per day (b/d) to 30.5 million b/d in April, a just-released Platts survey of OPEC and oil industry officials and analysts showed. Production increases in April halted a recent downward trend, during which overall output slid from 31.17 million b/d in October 2012 to 30.25...

2013-05-09 08:22:34

LONDON, May 8, 2013 /PRNewswire/ -- High capital costs and maintaining public confidence are seen as the greatest challenges facing the European nuclear power industry, according to a recent survey conducted by Platts, a leading global energy, petrochemical and metals information provider. The survey included more than 100 utilities, builders, consultancies, and regulators in Europe and precedes the eighth annual Platts European Nuclear Power Conference set for June 26-27 in Warsaw, Poland....

2013-05-09 00:20:19

Platts Olefins and Polymer Indexes Now Available via Platts Market Center TAIWAN, May 8, 2013 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market fell 5% to $1,309 per metric ton (/mt) in April, according to the monthly Platts Global Petrochemical Index (PGPI) just released at the 2013 Asia Petrochemical Industry Conference, one of the industry's most popular gatherings since 1979. The PGPI is a benchmark basket of seven widely used petrochemicals and is...

2013-05-08 04:21:26

Platts Project Tracker Shows Early-Year Improvement After Marked Slowdown in 2012 LONDON, May 8, 2013 /PRNewswire/ -- Asian power generation development activity in the first three months of 2013 totaled 62.74 gigawatts (GW), according to the latest quarterly project tracking report by Platts, a leading global provider of energy, petrochemicals and metals information. "This was 12% lower than in the same period of 2012, but was well up on the prior quarter - in fact, more than a...

2013-05-07 12:23:20

Power Stations Nearing Completion, But Construction Starts Slow on Uncertainty LONDON, May 7, 2013 /PRNewswire/ -- More than 20 gigawatts (GW) of gas- and coal-fired power station capacity is presently under construction in West Europe, despite stagnant demand and below-cost wholesale power prices, the latest Platts power generation analysis shows. Platts Powervision, a plant lifecycle and market environment tracking tool, shows 8.7 GW of gas-fired capacity and 11.9 GW of coal-fired...