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The Barrel Blog

August 03, 2015
When it comes to pursuing new offshore oil and natural gas production, the Atlantic Coast is proving to be a tough target.
July 22, 2015
Banks are continuing to adjust their roles in commodity trading, including for oil, natural gas, metals, iron ore, freight and more. What does it mean for markets?
July 21, 2015
The company has taken a major step towards a five-year dream to create a virtual gas pipeline across the Atlantic.
July 16, 2015
Natural gas surpassed coal for power generation in the US in April; what does the future look like for all of North America?
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Podcasts

Weak spot demand keeps Asian LNG prices rangebound
July 21, 2015
In Asia, summer is typically characterized by an increase in power demand. What makes this summer different and how is it affecting LNG prices?
US natural gas sets records while height of summer still to come
July 15, 2015
July has already yielded records in the US gas landscape: the spot price at the Algonquin city-gates at its lowest in more than a decade, and the year-to-date max for power burn.
European gas hubs liquidity growth and challenges
July 10, 2015
Platts interviews Patrick Heather, senior research fellow at the Oxford Institute for Energy Studies, on European natural gas hubs liquidity growth and the challenges they face.
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Commodity Pulse

Coal gasification: Could it lift the industry out of the 'coaldrums'?

July 07, 2015 (10:06)

Platts editors discuss some of the more innovative methods some coal producers are using to manage ever challenging market conditions, focusing on underground coal gasification (UCG).


News Feature: African Energy Outlook

June 18, 2015
Cameroon's oil industry has been on something of a road to recovery in recent years, with the country seeing crude production rise to its highest level in more than a decade earlier this year.
Also in this feature
Nigeria should sell stakes in JVs with foreign partners
The Nigerian government should start selling off its stakes in oil joint ventures with foreign partners to ease funding issues.
Angola courts China to secure oil exports
The visit of Angolan President Jose Eduardo dos Santos to China comes at a critical stage for Angola.

All News Features

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)--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.
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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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