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Dubai (Platts)--5 Oct 2015 907 am EDT/1307 GMT
The UAE is continuing to invest in its oil and gas development plans despite lower oil prices, and is on track to meet its 2017 production capacity aims, energy minister Suhail al-Mazrouei said Sunday.
Singapore (Platts)--5 Oct 2015 901 am EDT/1301 GMT
Saudi Aramco has cut the official selling price of its crude oil loading in November for Asian buyers to the lowest in months, reflecting weak fundamentals for Middle East crude that pushed the Dubai market structure deep into contango last month.
Washington (Platts)--2 Oct 2015 536 pm EDT/2136 GMT
The US Securities and Exchange Commission said Friday it will vote by June 27, 2016 on a final rule requiring publicly-traded oil and natural gas companies to disclose payments to foreign governments.
London (Platts)--2 Oct 2015 902 am EDT/1302 GMT
While Gabon grapples with falling oil prices and declining production, the popularity of its crude has grown over the last few years and it boasts a broad global reach.
Singapore (Platts)--2 Oct 2015 400 am EDT/800 GMT
Saudi Arabia's state-owned Saudi Aramco is expected to announce sharp cuts in its official selling price differentials for light and heavier grades loading in November for Asian buyers, reflecting lower spot differentials last month and steeper contango in the Dubai market structure.
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Natural Gas

London (Platts)--5 Oct 2015 909 am EDT/1309 GMT
Russia's planned expansion of the Blue Stream gas pipeline to Turkey may end up being considerably smaller than originally thought, according to Russia's energy minister Alexander Novak, a move analysts say could be linked to the difficult talks between Moscow and Ankara over the construction of the vast TurkStream pipeline and gas supply price.
Houston (Platts)--2 Oct 2015 444 pm EDT/2044 GMT
NYMEX November natural gas futures settled 1.8 cents higher at $2.451/MMBtu Friday as the market got a bit of support from a slipping gas rig count and it appeared Hurricane Joaquin would steer clear of making landfall on the US East Coast.
Brussels (Platts)--2 Oct 2015 904 am EDT/1304 GMT
The EU officially started its push toward more within-day gas balancing on Thursday with the formal application of the EU gas balancing network code.
Sydney (Platts)--2 Oct 2015 454 am EDT/854 GMT
Australia's liquids production is expected to increase to 413,000 b/d in the financial year ending June 2018, up from 328,000 b/d in 2014-2015, according to the latest forecast from the Office of the Chief Economist in the Department of Industry, Innovation and Science.
Houston (Platts)--1 Oct 2015 530 pm EDT/2130 GMT
The October bidweek price at the benchmark Henry Hub declined 8 cents to $2.56/MMBtu as most other prices outside of the Northeast also fell, Inside FERC's Gas Market Report said Thursday.
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Electric Power

Portland, Maine (Platts)--2 Oct 2015 542 pm EDT/2142 GMT
The California Independent System Operator will begin using a competitive solicitation process early next year to acquire backstop capacity when there are unexpected shortages or grid reliability issues under a plan approved by federal regulators.
London (Platts)--2 Oct 2015 900 am EDT/1300 GMT
Global growth in renewable energy sources, which will see the addition of 700 GW of capacity over the next five years, will be driven by falling costs and strong expansion in emerging markets, but policy uncertainties could stall the momentum, the IEA said in a report released Friday. Renewable energy will represent the largest single source of power generation growth over the next five years, which holds great promise for affordably mitigating climate change and enhancing energy security, the IEA said in its Medium-Term Renewable Energy Market Report 2015.
Washington (Platts)--1 Oct 2015 538 pm EDT/2138 GMT
Only large companies with high credit ratings that have utilities in regulated markets can build nuclear plants in the US, and are the only ones likely to move forward with new reactors, Southern Company CEO Tom Fanning said Thursday.
London (Platts)--1 Oct 2015 810 am EDT/1210 GMT
German wind turbines already generated more electricity in the year to September than in the whole of last year, German utility lobby group BDEW said Thursday, warning that grid expansion needs to get priority in order to accommodate the growing number of wind turbines.
Houston (Platts)--30 Sep 2015 601 pm EDT/2201 GMT
The Houston Import Project flap has highlighted Electric Reliability Council of Texas generation and transmission owners' competing interests, and attendees of a regional trade conference on Wednesday received a thorough briefing -- but no resolution -- of the issues involved.
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Kiev (Platts)--5 Oct 2015 910 am EDT/1310 GMT
Coal reserves at Ukraine's coal-burning power plants rose 11.5%, or 207,000 mt, over the past seven days to 2.007 million mt as of Monday, compared with 1.8 million mt a week ago, UkrEnergo, which runs the country's power grid, said Monday.
Perth (Platts)--5 Oct 2015 609 am EDT/1009 GMT
Thermal coal prices are close to rock bottom as coal producers have squeezed almost all of the gains from increased productivity, lower fuel prices and weaker currencies, and prices are set to stabilize in 2016, said commodity analysts at investment bank Citi in a client conference call Monday. In a wide-ranging discussion on a range of commodities led by Citi head of commodities research for Asia, Jason Tudor, the bank's stated position on the outlook for thermal coal over the next three to six month period is bearish.
London (Platts)--2 Oct 2015 906 am EDT/1306 GMT
South African thermal coal exports in August dropped 5.9% on the year to 5.73 million mt, with lower shipments to Europe, Turkey, the United Arab Emirates, Israel and the US, according to customs data released late Thursday.
Perth (Platts)--2 Oct 2015 1254 am EDT/454 GMT
Coal shipments from Gladstone port to India jumped to 1.68 million mt in September, their highest monthly total recorded to date, and up 27% on 1.32 million mt exported to the south Asian country in August, the Australian port said in an operating report Friday.
Houston (Platts)--1 Oct 2015 535 pm EDT/2135 GMT
The outlook for the North American coal industry remains "negative" as the prices for both metallurgical and thermal coal remain low and consumption continues to drop, Moody's Investors Service said in a report Thursday.
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London (Platts)--5 Oct 2015 918 am EDT/1318 GMT
West African VLCC freight rates have risen to the highest level in 5-1/2 years, supported by charterer demand and ullage issues at Asian ports, sources said.
Singapore (Platts)--5 Oct 2015 911 am EDT/1311 GMT
Daily earnings for VLCCs on East of Suez voyages hit a major milestone Monday of $100,000, the first time they have risen that high in five years.
London (Platts)--5 Oct 2015 900 am EDT/1300 GMT
Freight rates on Mediterranean-Japan route, basis 55,000 mt, have fallen to a 4-3/4 year low, supporting arbitrage opportunities for charterers to move naphtha to the Far East from Europe, shipping and trading sources said Monday.
Houston (Platts)--2 Oct 2015 556 pm EDT/2156 GMT
A spot ethylene cargo of 3,000-4,000 mt from Mexico's Petroquimica Mexicana de Vinilo is up for tender this month, a source close to PMV said Friday.
Singapore (Platts)--2 Oct 2015 909 am EDT/1309 GMT
Russia's ESPO blend crude, a popular medium-sweet crude among North Asian refiners, will begin loading in larger clip sizes from November, with the economies of scale likely benefiting spot differentials for the grade, market sources said this week.
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Berlin (Platts)--5 Oct 2015 919 am EDT/1319 GMT
European spot methanol prices are expected to hover at around the Eur300/mt (about $338/mt) FOB Rotterdam level or below for the next three years on additional global supply and a low oil price, sources said on the sidelines of the 49th annual meeting of the European Petrochemical Association in Berlin Monday.
Singapore (Platts)--5 Oct 2015 520 am EDT/920 GMT
Margins for non-integrated styrene monomer producers in Asia shrank to their narrowest in six months Friday due to bearish SM demand and relatively firm feedstock ethylene prices.
Houston (Platts)--2 Oct 2015 541 pm EDT/2141 GMT
Braskem has raised prices for all polyethylene grades in Brazil by roughly Real 400/mt ($101/mt), a company source said Friday.
London (Platts)--2 Oct 2015 908 am EDT/1308 GMT
European petrochemical producer Styrolution has reduced its acrylonitrile butadiene styrene prices in October by Eur120/mt ($133.9/mt), the company said on its website.
Houston (Platts)--1 Oct 2015 539 pm EDT/2139 GMT
Mexico's Pemex Petroquimica plans to shut the steam cracker at its Morelos complex on October 12 for its month-long maintenance, a source with knowledge of company operations said Thursday.
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London (Platts)--5 Oct 2015 920 am EDT/1320 GMT
Investor appetite for gold increased at the end of September, seen in increased inflows into gold exchange-traded products, while physical markets remained weak with China on holiday and soft Indian demand, Barclays analysts said in a note Monday.
Hong Kong (Platts)--5 Oct 2015 920 am EDT/1320 GMT
China's output of national 75% ferrosilicon totaled 3.03 million mt over January-August, down 11% year on year, the Taiwan Casting Industry Association said Monday.
Tokyo (Platts)--5 Oct 2015 517 am EDT/917 GMT
Lack of aluminum stocks at London Metal Exchange approved warehouses in Japan and Taiwan could be a challenge for LME regional contracts to be launched next month, Japanese market sources said Monday.
Sao Paulo (Platts)--2 Oct 2015 449 pm EDT/2049 GMT
A strong US dollar compared with the Brazilian Real and a wish to recompose margins drove Brazilian long steel producers to price hikes already in effect for October shipments, sources said Friday.
London (Platts)--2 Oct 2015 911 am EDT/1311 GMT
Aurubis, the world's largest copper recycler, will reduce its refined copper premiums charged to buyers for 2016 to $92/mt, a drop of $18/mt from 2015, spokeswoman Michaela Hessling said in an email Friday.
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London (Platts)--5 Oct 2015 906 am EDT/1306 GMT
The EU 2015-16 crop year officially began Thursday, October 1, with Platts Western first assessment of the new crop for the Western Europe Delivered market at Eur495/mt Friday.
Santos, Brazil (Platts)--1 Oct 2015 537 pm EDT/2137 GMT
Ethanol's share of the fuel mix in Brazil is expected to increase over the next few months following a decision by Petrobras to increase gasoline and diesel prices.
London (Platts)--1 Oct 2015 807 am EDT/1207 GMT
The Platts T2 ethanol assessment averaged Eur581.34/cu m in September, just Eur0.76/cu m lower than in August, amid shortness of supply in Rotterdam and sustained seasonal demand.
London (Platts)--1 Oct 2015 630 am EDT/1030 GMT
Ethanol's share of the fuel mix in Brazil is expected to increase over the next few months following a decision by Petrobras to increase gasoline and diesel prices.
Singapore (Platts)--1 Oct 2015 544 am EDT/944 GMT
Philippine ethanol prices for the first half of September rose over 3.0% month on month to Peso 54.70/liter ($1.17/liter), as cumulative domestic raw sugar production remained at a two-year low, statistics from the Sugar Regulatory Administration (SRA) showed.
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