Natural Gas

Commodity Tracker: 4 charts to watch this week

A recovery in Chinese independent refiners’ oil imports tops this week’s pick of trends in energy and raw materials markets. EU carbon markets, the relationship between US rig counts and tubular steel prices, and LNG supply to Europe are also on the agenda. 1. Saudi crude supply to Chinese ind ...

Insight from Washington: Trump uses oil diplomacy, executive orders to aid US producers

A day after US light crude futures took an unprecedented dive into negative territory, President Donald Trump promised to deliver federal relief to domestic oil and gas producers just like the US Congress had approved for airlines and a host of other industries as the pandemic wreaked havoc on the ...

Insight Conversation: Marco Dunand, CEO and co-founder, Mercuria

Mercuria’s Marco Dunand talked to S&P Global Platts about the challenges, implications, and opportunities that the coronavirus pandemic presents across all the key commodity classes in a time of unprecedented volatility in the global markets. Founded in 2004, Mercuria Energy Trading is one of th ...

Did wind-generated electricity displace gas-generated electricity in Ontario in June 2019?

Financiers of green energy projects often claim in public filings that the energy generated by the projects they have financed has avoided some definite number of tons of CO2 emissions. Run the numbers, and you usually find they have assumed some annual capacity factor, say 35 percent in the case o ...

Top Funds' Activity in Q1 2020

Jason Orestes of The Street reports Amazon is clearly what hedge funds are betting on these days:Amazon has been a major beneficiary of the Covid-19 chaos, and hedge funds have taken notice.The fastest bear market in history saw a 30% plummet followed by a rapid 30% rebound. But there has been a l ...

Book Bits | 14 March 2020

● Pharma: Greed, Lies, and the Poisoning of America By Gerald PosnerReview via The Intercept As the new coronavirus spreads illness, death, and catastrophe around the world, virtually no economic sector has been spared from harm. Yet amid the mayhem from the global pandemic, one industry is not ...

Toscana Energy Announces 2019 Reserves

CALGARY, Alberta, March 13, 2020 (GLOBE NEWSWIRE) — Toscana Energy Income Corporation (“TEI” or the “Corporation”) (TSX: TEI) announces the Corporation’s 2019 year-end reserves. 2019 Reserves Highlights Proved Developed Producing reserves represent 60% of Proved Reserves. Proved res ...

BNK Petroleum Inc. Announces Annual 2019 Results, 75% of 2020 Oil Production Hedged at $56.62

All amounts are in U.S. Dollars unless otherwise indicated: TSX ticker symbol; BKX QTCQX ticker symbol; BNKPF CAMARILLO, CA, March 12, 2020 /CNW/ – 2019 HIGHLIGHTS The Company has commodity contracts in place for 75% of its existing 2020 oil production at an average price of $56.62/barrel. Avera ...

China reopens its doors to US LPG, but path to recovery may be slow

After an eighteen-month hiatus, Chinese liquefied petroleum gas (LPG) buyers are peering west again, as the country looks to the US to fill its burgeoning import demand. Propane and butane, key feedstocks for plastics and synthetic rubber, were hit hard by the prolonged trade spat between the US an ...

TransAlta and Tidewater Midstream Sign Letter of Intent to Sell the Pioneer Pipeline

CALGARY, March 12, 2020 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the Company, with its partner Tidewater Midstream & Infrastructure Ltd. (“Tidewater”), has entered into a Letter of Intent to sell the Pioneer Pipeline to N ...