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The Barrel Blog

May 27, 2015
The UK is expecting a referendum by 2017 to decide whether there should be a British exit from the EU, but how would it impact the electricity and gas market?
May 22, 2015
Pope Francis is set to weigh in on the climate change debate in what has already caused a considerable buzz, even before the message has been released.
May 22, 2015
International weather agencies are now identifying the signs of the first El Niño conditions since 2010.
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Podcasts

Higher gas demand taking some pressure off well-supplied North American markets
May 20, 2015
Pipeline maintenance and an uptick in gas-fired power generation are supporting price movements in North American spot and forwards natural gas markets.
US coal producers try to keep utilities' attention despite cheap gas
May 14, 2015
The tension between US coal producers and fuel buyers was evident at a recent conference, where the coal industry asked for help but utilities are tempted by cheap natural gas for power generation.
What next for the UK oil sector after Conservatives secure surprise victory?
May 11, 2015
Examining the implications for the UK's oil sector of the Conservatives' victory in the UK general election, the rise of the SNP and what might happen next in the UK North Sea.
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Feature: Indonesian gas project delays

March 25, 2015
Indonesian gas projects face delays because their operators do not know if their production-sharing contracts are to be extended: only this month did Total learn the fate of its contract to produce gas from the Mahakam field.
Also in this feature
Revision sought for Indonesia's oil, gas law
The energy ministry said March 12 that the government wanted to complete the revision of the law this year as it has already been delayed for a long time.
Indonesia awards conventional, shale gas blocks
The energy ministry has awarded 11 blocks -- eight conventional and three shale gas blocks -- with Anglo-Dutch Shell, Norwegian Statoil and Malaysian Petronas among the winners.

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Price Focus

Spot natural gas prices in the US Gulf Coast made small moves in either direction Monday on cooler-than-normal weather forecasts around the country and weakness in the NYMEX February futures contract. The cash price at Henry Hub edged a couple of cents lower to average around $2.90/MMBtu on IntercontinentalExchange. New Orleans is forecast to see highs in the mid-50s Jan 13, about 7 degrees below normal.



News Headlines

Houston (Platts)--29 May 2015 524 pm EDT/2124 GMT
Pennsylvania Governor Tom Wolf plans to create a task force to help site the thousands of miles of intrastate pipelines that are being proposed throughout the state as its natural gas industry grows, but a group representing the state's oil and gas industry remains leery of the governor's intentions.
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North American Natural Gas Markets methodology Published November 2014

Platts' methodology for assessing North American gas markets has developed over a number of years. It draws on our experience in the global energy markets. Platts sets great importance on producing independent reports and assessments.






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