Shale

LNG displaces Atlantic basin pipe gas, but meets resistance in Asia

Liquefied natural gas (LNG) cargoes have displaced pipeline natural gas volumes in the Atlantic Basin throughout 2019, due to historically low spot prices of the shipped fuel. Higher LNG spot market activity has helped unleash some of the commodity’s inherent flexibility. It is inherent because a ...

North Sea’s latest crude oil stream is out of fashion, but still in demand: Fuel for Thought

The razzle dazzle of US tight oil and new rules on marine fuels could have meant a chilly reception for the arrival of the North Sea’s Johan Sverdrup. The medium sour crude grade could be the region’s last big production boost at a time when, especially in Europe, there has been a shift to clea ...

US Open – Trump/Powell, Home Depot, Oil, Gold

US stocks are grinding higher as markets remain convinced that we will see the phase-one trade deal finalized before the next major tariff increase deadline of December 15th.  Limited trade news occurred overnight and many are still focused on yesterday’s President Trump and Fed Chair Powell me ...

Commodity Tracker: 6 charts to watch this week

Nuclear generation in the US and France faces contrasting challenges of power market prices and safety concerns, as this week’s graphics show. Other top trends picked by S&P Global Platts editors include China’s falling LNG imports, stuttering gold prices, refinery margins and coking coal price ...

Oil prices and Aramco IPO raise stakes for OPEC cuts

OPEC officials have played down the prospect of deeper crude oil production cuts. Demand may be picking up and US shale producers are finally feeling the pinch. However, tepid prices and the awkward timing of the giant Aramco IPO will make a strong case for the group to take more action. Oil contin ...

US oil drillers face growing issue of water disposal: Fuel for Thought

For every barrel of oil produced from the average Permian Basin well, about three barrels of water get pumped out with it. The water-to-oil ratio is lowest in the established Midland Basin, but more exaggerated in the Delaware and other Texas basins. A midstream water management industry has grown ...

Power Growth Investor Hotline – Friday, November 8, 2019

CHESAPEAKE ENERGY CORP., $0.90, is now a sell. The company (symbol CHK on New York), is an Oklahoma-based producer of natural gas as well as oil. Chesapeake, co-founded by the late shale pioneer Aubrey McClendon, was once the country’s second-largest natural gas producer. But it has struggled wit ...

Back To The Future With Peak Optimism

Financial markets consolidated their trade dispute premiums overnights, with US Treasury yields rising slightly and Wall Streets leading indices consolidating at record highs. Markets are rapidly repricing a global economic reset to the pre-trade dispute past as a base-line for the future. Currenc ...

New Process Could Help Decontaminate Oilsands Process Water: Study

A new process developed by engineers at the University of Alberta (U of A) shows potential in cleaning and decontaminating oilsands process water. The process relies on ozonation and biofilters to remove organic compounds from contaminated water. The study— published in Science of the Total Envi ...

Commodity Tracker: 4 charts to watch this week

As LME week kicks off, S&P Global Platts editors take a closer look at the current drivers of copper prices. US oil and refined products trade, UK political parties’ energy policies, and a glut of Russian coal on the European market round out this week’s selection. 1. Upturn in copper prices a ...