After the wallop of the polar vortex earlier this month that sent US gas demand and US Northeast gas prices soaring to all-time highs, one would think that the worst is over, no? That would be a negative. As the Platts natural gas team has repeatedly pointed out in market commentaries, analysis stories and a […]
Many people are only just getting used to the idea that Burma is now called Myanmar, that after almost 50 years of military rule it is moving quickly toward full democracy and that, following the easing of US and EU sanctions, it is open for business. But in Asia, the rich business opportunities in Myanmar […]
France has the second largest economy in Europe and the fifth largest economy in the world. As France produces very little domestic energy, it relies heavily on imports from bordering countries to meet the majority of its natural gas demands (EIA). But is it really necessary? France is currently the fourth largest consumer of natural […]
There has been a recent effort by the natural gas industry to increase the amount of compressed natural gas (CNG) vehicles on the roads. Compressed natural gas is more environmentally friendly than regular gas and saves drivers about $1.50 per gallon compared to gasoline (National Geographic). With great price savings and a smaller negative environmental […]
This is the Part Two of Three in our series on the NYISO market. In the Part One, titled ‘The Need for Enterprise Data Management in the NYISO’, Ian gave an operational overview of NYISO as an independent system operator. In today’s blog, we’ll take a look at different products and reports available in NYISO […]
After eight years in the works, a sod-turning ceremony was held September 13, 2013 to celebrate the beginning of a new project that will result in a $5.7 billion refinery in Redwater, Alberta (about 50 km north of Edmonton) (The Globe and Mail). The Sturgeon Refinery is the first large-scale refinery to be built in […]
Japan made headlines recently as the resource-impoverished country is considering methane hydrates as a new energy source in order to help gain independence from relying on natural gas imports. The 2011 tsunami forced most of the country’s nuclear power plants to close (add to that, the fact that the last running nuclear power reactor was […]
I love clean diesel cars. I enjoy hitting upwards of 950km per diesel tank and knowing that I can cover larger distances with a smaller amount of emissions. Given the choice, this is normally where my vehicle-purchasing choices lie. And, based on data from R.L. Polk and Co, clean diesel car registrations in the U.S. […]
From controversy surrounding fracking to global production growth, natural gas continues to make headlines as it rises in the global energy mix. With many claiming natural gas as the ‘cleanest’ fossil fuel (The Guardian), recent debates examine the potential role of natural gas as the transition or ‘bridge’ fuel towards building the renewable industry through […]
In the city that never sleeps, Platts will play host to one of the commodities industries’ foremost events in Mumbai early next month. Platts Commodity Week is an informative free event that gives the low down on all of the most important happenings for those engaged in energy and commodity markets. In our experience, it’s […]