News Headlines

ExxonMobil, Nigeria agree renewal of licenses

Abuja, February 22, 2012, 725 am EST/1225 GMT

Nigeria Wednesday renewed ExxonMobil licenses for another 20 years on three oil blocks which together produce 500,000 b/d.

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News Features

Iranian Oil Sanctions: Noose tightens around Iran as buyers seek alternative oil

February 22, 2012

International sanctions aimed at slashing Iran's main economic lifeline, its oil revenues, could have an impact on the country's export volumes well beyond the 500,000 b/d of crude that a European Union ban will displace from July.

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Commodity Pulse Videos

Russia: the oil & gas superpower looks east

February 15, 2012 (11:22 mins)

Amidst upcoming presidential elections, and questions being raised over its ability to supply Europe with gas, Platts' editors discuss how energy giant Russia is turning its focus to key Asian oil & gas markets.

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Blogs

The Barrel: After they leave CFTC, commissioners find work quick

Earlier this month, the Washington, DC law and lobbying giant Patton Boggs announced that recently retired Commodity Futures Trading Commission member Michael Dunn had joined the firm as a senior policy adviser.

The Barrel: Retail gasoline prices on the rise: the why and how

While it pains to write this, it has to be done: consumers are facing higher retail gasoline prices and the pain at the pump is not likely to ease soon.

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Podcasts

Insurance fears see few tankers ready to haul Iran crude
February 21, 2012 - Discussing how US and European sanctions on vessels which call at ports in the Islamic Republic, are starting to hurt the Asian shipping industry.

Record Bakken Blend crude output faces bottleneck
February 13, 2012 - Discussing an increase in production coupled with limited pipeline takeaway capacity is leading to Bakken Blend crude being shipped by rail.

Is South Sudan's suspension of oil exports hurting Asia's biggest consumers?
February 10, 2012 - Discussing the ramifications of South Sudan's recent suspension of oil exports for two of Asia's biggest consumers, China and Japan.

The impact of extreme weather conditions on the European tanker markets
February 9, 2012 - Discussing the impact of extreme weather conditions on the European clean and dirty tanker markets

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Industry Solution Papers Library

Dated Brent: The Pricing Benchmark for Asia-Pacific Sweet Crude Oil

The Dated Brent benchmark has taken on an increasingly significant role in the determination of oil prices in the entire Asia-Pacific region. This paper examines and explains the reasons for this ongoing and accelerating trend. (published May 2011).

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Top 250 Rankings

The Platts Top 250 recognizes outstanding financial performance for the previous year. Each company listed in the Platts Top 250 has distinguished itself through its remarkable performance and the outstanding efforts and dedication of its team.

Market Issues

Platts Market Issues are a series of occasional discussion papers examining price-discovery issues.

Energy Bulletin

A daily email compiling a regional round-up of the top, most recent Platts news, in-depth features, information on Platts events, products and a summary of what's new on platts.com.