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Moscow (Platts)--4 Aug 2015 528 am EDT/928 GMT
Seven months after Russia made the latest changes to its oil tax regime, the industry seems to have been able to adapt more easily to the new landscape than had been expected at the turn of the year.
Washington (Platts)--3 Aug 2015 536 pm EDT/2136 GMT
Companies that sign contracts with Iran after the nuclear deal is implemented would not be "grandfathered in" automatically and would have to wind down their work there if the US snap backs sanctions on Tehran, according analysts and persons familiar with the Obama administration's plans to enforce the pact.
Houston (Platts)--3 Aug 2015 505 pm EDT/2105 GMT
Companies have been stockpiling ULSD at record rates along the US East Coast over the last month, though market sources said few barrels in storage will need to be flipped from from summer- to winter-grade diesel specifications because most barrels probably already meet them.
London (Platts)--3 Aug 2015 429 pm EDT/2029 GMT
Dated Brent has been assessed below the psychologically-important $50/barrel mark for the first time since January, Platts data showed Monday. Monday's assessment of $49.145/b, was the lowest since January 30, when it was assessed at $47.855/b.
Lagos (Platts)--3 Aug 2015 810 am EDT/1210 GMT
Three of Nigeria's foreign oil partners -- Shell, Eni and Chevron -- recorded a total loss of about 160 million barrels of crude oil with an export value of $13.7 billion over 2009-12, Nigeria Extractive Industry Transparency Initiative, the country's oil industry auditors, said Monday in a statement.
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Natural Gas

Houston (Platts)--3 Aug 2015 357 pm EDT/1957 GMT
The US average spot monthly natural gas price for August rose 9 cents to $2.58/MMBtu, Inside FERC's Gas Market Report said Monday.
Istanbul (Platts)--3 Aug 2015 809 am EDT/1209 GMT
Iranian gas is flowing to Turkey again following repairs to the pipeline, which was damaged by a bomb on July 27, Turkish energy minister Taner Yildiz said Monday.
Houston (Platts)--31 Jul 2015 430 pm EDT/2030 GMT
Canada must develop its capability to export large volumes of liquefied natural gas from its Pacific Coast if it hopes to offset the recent precipitous drop-off in production in its western gas fields, a Canadian Association of Petroleum Producers analyst said this week.
Moscow (Platts)--31 Jul 2015 906 am EDT/1306 GMT
Russia and Algeria Friday agreed to expand cooperation in the energy sector.
Tokyo (Platts)--31 Jul 2015 728 am EDT/1128 GMT
The Japan OTC Exchange said Friday that an LNG non-deliverable forward contract for September delivery was traded, the first transaction ever made since the trading platform was set up in September last year.
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Electric Power

Louisville, Kentucky (Platts)--3 Aug 2015 427 pm EDT/2027 GMT
Ameren's decision Friday to cancel plans for a new nuclear plant in Missouri underscores the challenges nuclear generation continues to face, particularly in the Midwest.
London (Platts)--3 Aug 2015 735 am EDT/1135 GMT
Capacity in a new cross-border power link between France and Spain -- the Inelfe interconnector -- will be auctioned gradually starting in October, RTE said Monday.
Houston (Platts)--31 Jul 2015 1208 pm EDT/1608 GMT
The Electric Reliability Council of Texas set a new July peak demand record of 67,624 MW Thursday, the fourth such record in as many days, according to the grid operator.
London (Platts)--31 Jul 2015 831 am EDT/1231 GMT
Turkey's imports of non-calcined petroleum coke in the first half of 2015 gained 3% year on year to 1.989 million mt, according to data from the Turkish Statistical Institute published Friday.
London (Platts)--31 Jul 2015 752 am EDT/1152 GMT
Prices for baseload and peakload power for Monday delivery slumped to a one-month low Friday on increased electricity generation from wind and weakening power demand, sources said.
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Singapore (Platts)--4 Aug 2015 342 am EDT/742 GMT
Indonesian thermal coal miner PT Harum Energy posted a near 15% year-on-year slump in average sales price for first-half 2015, and said any recovery in prices looked unlikely in the near term.
Houston (Platts)--3 Aug 2015 518 pm EDT/2118 GMT
In a move that had been expected for weeks, Alpha Natural Resources became the third and largest major US coal producer to file for Chapter 11 bankruptcy protection Monday in the US Bankruptcy Court for the Eastern District of Virginia amid strong economic headwinds and $4.2 billion in debt.
London (Platts)--3 Aug 2015 1042 am EDT/1442 GMT
South Africa exported 4.6 million mt of thermal coal during June, falling 7.1% on the year and dropping 31% from May's five-month high, according to customs data Monday.
Hanoi (Platts)--3 Aug 2015 200 am EDT/600 GMT
Several power plants in Vietnam are likely to lack coal for electricity generation as heavy rains have cut coal production in northern Quang Ninh province, according to various statements from leading state-owned energy companies.
London (Platts)--31 Jul 2015 836 am EDT/1236 GMT
Turkey's imports of bituminous thermal coal in the first half of 2015 surged 29% year on year to 12.931 million mt, according to data from the Turkish Statistical Institute published Friday.
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Perth (Platts)--4 Aug 2015 314 am EDT/714 GMT
Forty three ships are scheduled to arrive at Newcastle port in eastern Australia's three coal terminals this week, up from 35 last week, the port authority said Monday in an operating report.
London (Platts)--3 Aug 2015 547 pm EDT/2147 GMT
An additional 330,000 mt of distillates were tracked leaving the US Gulf Coast for Europe over the seven days to Monday, according to Platts cFlow ship-tracking software, an estimate based on the vessels' deadweight tonnage.
London (Platts)--3 Aug 2015 829 am EDT/1229 GMT
Russia's Gazprom delivered its first LNG cargo to the Egyptian Natural Gas Holding Company (EGAS) Sunday, according to market sources and Platts cFlow ship-tracking software.
Singapore (Platts)--3 Aug 2015 305 am EDT/705 GMT
VLCC worldscale rates for voyages on Persian Gulf to East routes have tumbled over the past fortnight and are expected to fall further as the appetite of Asian buyers to import crude wanes, landed storage fills up and refineries undergo maintenance, market participants said Monday.
Houston (Platts)--31 Jul 2015 432 pm EDT/2032 GMT
Fuel oil and marine diesel sales in Panama increased in May on the year, supported by higher vessel traffic on both sides of the canal, data from the Panama Maritime Authority showed Friday.
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Houston (Platts)--3 Aug 2015 405 pm EDT/2005 GMT
Prices in the toluene and mixed xylene markets, which have been trending downward since July 14, could continue to decline as gasoline blending demand weakens further, sources said.
London (Platts)--3 Aug 2015 949 am EDT/1349 GMT
Tight supply fundamentals in the Northwest European styrene monomer market have caused the styrene premium over feedstock costs to increase by Eur6/mt month on month to Eur384/mt ($422/mt) for August, Platts calculations show.
Tokyo (Platts)--3 Aug 2015 202 am EDT/602 GMT
The location spread between CFR China and FOB Korea butadiene prices sank to a one-year low of minus $30/mt Friday, as the Chinese market spirals down on weak demand, Platts data showed.
Singapore (Platts)--31 Jul 2015 407 am EDT/807 GMT
The Iran Mercantile Exchange is studying the feasibility of launching a polypropylene futures contract, an exchange official said Wednesday.
London (Platts)--30 Jul 2015 802 am EDT/1202 GMT
Revised anti-dumping duties on US polyvinyl chloride imports into Turkey may boost demand for material from Europe, market sources said.
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Pittsburgh (Platts)--3 Aug 2015 354 pm EDT/1954 GMT
Three US steelmakers announced $25/st price decreases on merchant bars effective with shipments Monday, letters sent to customers said.
Johannesburg (Platts)--3 Aug 2015 755 am EDT/1155 GMT
There is no more money for a bigger offer than the one rejected by the Association of Construction Workers and Mining Union, Elize Strydom, the chief negotiator for the South African gold employers said Monday.
Sydney (Platts)--3 Aug 2015 737 am EDT/1137 GMT
Platts Australian alumina daily assessment at $301/mt FOB was unchanged from Friday, but down $1/mt on the week on lackluster demand and unplaced cargoes.
Singapore (Platts)--3 Aug 2015 736 am EDT/1136 GMT
Spot prices of rebar in Beijing rose for the fourth day Monday, as city authorities issued a stop-work order at construction sites to ensure that blue skies reign ahead of an international athletics meet and major military parade.
Washington (Platts)--3 Aug 2015 537 am EDT/937 GMT
Ruthenium and iridium prices followed the recent path of rhodium and moved lower this week on lower offers and weak industrial demand.
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Hanoi (Platts)--4 Aug 2015 233 am EDT/633 GMT
Vietnam's Ministry of Finance has recommended to Prime Minister Nguyen Tan Dung removing a 5% export duty on cassava until January in a bid to lower excess stockpiles.
London (Platts)--3 Aug 2015 738 am EDT/1138 GMT
EU ethanol saw the front-month swap hit a near-two-year high of Eur576/cu m Friday as participants expected to see shortness in tanks continue through August.
Houston (Platts)--31 Jul 2015 555 pm EDT/2155 GMT
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday rose 8.2291 cents, or 22.07%, to 45.51 cents/gal, reaching a five-week high, a review of US Department of Agriculture and Platts data showed.
London (Platts)--31 Jul 2015 724 am EDT/1124 GMT
The current tightness in the industrial ethanol market in Europe could have a knock-on effect on the fuel-ethanol market, according to some sources.
Singapore (Platts)--31 Jul 2015 526 am EDT/926 GMT
The Philippines Department of Energy has set its fourth-quarter ethanol blending mandate at 46.95 million liters, up 7.25 million liters or 18.3% from Q3, a smaller-than-expected increase, end-users said Friday.
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