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Feature: Global Gas Update

April 29, 2016
It was the question that the European gas industry was asking for months -- when would the first LNG from the US land in Europe?
Also in this feature
Mexico holds power capacity auction twice
Mexico's first-ever power capacity auction suffered a setback late March when an erroneous winning bid was disqualified from preliminary results.
Brazil's record natgas output, weak demand dim prospects for US LNG
Domestic natural gas production in Brazil hit a record high in February just as consumer demand fell to a two-year low.


News Headlines

London (Platts)--29 Apr 2016 914 am EDT/1314 GMT
Italy's Eni is again re-negotiating the terms of its Libyan gas supply contract with fellow Italian firm Edison following an arbitration award in Edison's favor at the end of 2015, Eni CFO Massimo Mondazzi said Friday.
Singapore (Platts)--29 Apr 2016 912 am EDT/1312 GMT
Samsung Heavy Industries announced Thursday that Shell has canceled a $4.6 billion contract with the shipbuilder for three floating LNG units for the Browse FLNG project in Australia, in a filing to the South Korean stock exchange.
More Headlines

Platts Snapshot Video

US shale production will shape the future of global commodity markets

April 19, 2016 (4:56)

From crude oil to refined petroleum products, from natural gas to LNG and NGLs, from feedstocks to petrochemical products, US shale is making a huge impact on many sectors.


The Barrel Blog

April 14, 2016
The stagnation pervading Central Asia-s oil industry could be alleviated by a couple of big announcements in the coming months, on the Kashagan and Tengiz fields.
March 30, 2016
Uncertainty around the US ethane market has grown as new projects for domestic and export use all come online simultaneous with declining production and low prices.
March 14, 2016
The clearest indication yet that the Obama administration has little intention of allowing exploration offshore Virginia is contained in his proposed budget.
All Blogs

Price Focus

Spot natural gas prices throughout the Northeast have remained relatively low this winter as continued unseasonably mild weather has depressed regional gas demand. Prices have remained well below the double-digit dollar highs set during the prior two winters.




Podcasts

Post-sanctions Iran's impact on OPEC and the global oil market
April 25, 2016
- Iran's planned post-sanctions oil production path is colliding with crude market realities, keeping the country's production and exports from ramping up to meet initial expectations.
Low oil prices having a chilling effect on Alaska's economy
April 18, 2016
- Oil revenues let Alaska cut dividend checks to its residents, but now oil prices are low and production is down. What kind of options does the state have to bolster its finances?
Is oil and gas production in the Gulf of Mexico facing a sea change?
April 11, 2016
- Offshore oil and gas production has a long history in the Gulf of Mexico, but is industry interest in offshore production waning as public protests pick up?
All Podcasts


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North American Natural Gas Markets methodology

Published February 2016

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






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