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London (Platts)--19 Feb 2018 352 am EST/852 GMT
The North Sea oil industry is often seen as living on borrowed time, yet in the face of setbacks, including a pipeline outage in December and looming problems around Brexit, companies continue to talk up prospects for this strategic oil-producing region.
Dubai (Platts)--18 Feb 2018 1032 pm EST/332 GMT
Oman's crude oil exports edged up 1.9% to 808,535 b/d in January, compared to 793,483 b/d in December, the ministry of oil and gas said Sunday.
Dubai (Platts)--18 Feb 2018 731 am EST/1231 GMT
State-owned Abu Dhabi National Oil Company inked a new 40-year deal with Spain's Cepsa on Sunday for 20% in the Umm Lulu and Satah al-Razboot, or SARB, fields.
Houston (Platts)--16 Feb 2018 600 pm EST/2300 GMT
The differential for high sulfur heating oil barges in New York Harbor rebounded sharply Friday after reaching the lowest level in a number of years on warm weather and overblending.
New York (Platts)--16 Feb 2018 334 pm EST/2034 GMT
Oil futures settled higher Friday, lifted by the resurgence of equities and pressure on the US dollar against other major currencies. NYMEX March crude settled 34 cents higher at $61.68/b. Refined product futures settled higher as well Friday, with NYMEX March ULSD up 1.88 cents at $1.9104/gal and NYMEX March RBOB up 1.51 cents at $1.7509/gal.
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Natural Gas

London (Platts)--19 Feb 2018 606 am EST/1106 GMT
The timing of the final investment decision for the planned 6.1 Bcm/year floating LNG import facility at Alexandroupolis in northern Greece has slipped to late 2018, one of the project partners said late Friday, as the developers look to begin commercial operations at the project at the same time as other new gas import infrastructure.
Houston (Platts)--16 Feb 2018 348 pm EST/2048 GMT
The NYMEX March natural gas futures contract Friday continued the month's downward trend, settling 2.2 cents lower at $2.558/MMBtu, as outlooks for warmer weather, rising production and decreasing demand again weighed on prices.
London (Platts)--16 Feb 2018 913 am EST/1413 GMT
* Reform is to ensure security of supply * Capacity preferred reserve price is zero * Auctions to run during March, with two auctions per day Capacity set to be auctioned in March as part of gas storage reform in France will probably have a zero reserve price and will ensure stability of supply by incentivizing maximum capacity booking, Benjamin Bellon, Head of Marketing and Sales at Storengy, told S&P Global Platts Friday. "The ministry wanted to be sure that in the future the storage is fully booked.
London (Platts)--16 Feb 2018 825 am EST/1325 GMT
NYMEX March natural gas futures fell in overnight US trading on forecasts of warmer weather.
London (Platts)--16 Feb 2018 711 am EST/1211 GMT
Private-equity backed upstream company Neptune Energy -- led by ex-Centrica chief Sam Laidlaw -- is open to new opportunities in the international upstream having closed on Thursday its $3.9 billion purchase of French Engie's E&P assets.
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Electric Power

London (Platts)--19 Feb 2018 603 am EST/1103 GMT
Swiss hydro reserves registered their biggest drawdown so far this year with the decline almost twice as big as last year, but remain around 1 TWh above record-low levels seen in early 2017, data from the Federal Energy Office showed.
Houston (Platts)--18 Feb 2018 435 pm EST/2135 GMT
The Public Utility Commission of Texas on Thursday directed its staff to draft an order approving Sempra Energy's purchase of Oncor Electric Delivery, majority owner of Texas' largest transmission system, in a deal valued at almost $16.5 billion.
Houston (Platts)--16 Feb 2018 613 pm EST/2313 GMT
The US Federal Energy Regulatory Commission's new final rule mandating the integration of electric storage into wholesale power markets is likely to affect the viability of peaking resources and mitigate power price spikes during scarcity events, observers said Friday.
London (Platts)--16 Feb 2018 449 am EST/949 GMT
French state utility EDF reported a 2017 decline in nuclear power production from both its French and UK nuclear fleets Friday, mainly on extended outages and maintenance work.
Houston (Platts)--15 Feb 2018 237 pm EST/1937 GMT
The Midcontinent Independent System Operator's lack of authority to manage resource outages played a big role in the MISO South Region's maximum generation event and high power prices in January, the independent market monitor said Wednesday.
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Sydney (Platts)--19 Feb 2018 201 am EST/701 GMT
National Australia Bank has revised its forecast for the thermal coal contract price for the 2018-2019 (April-March) Japanese financial year to $90/mt, up from its previous forecast of $80/mt, it said Friday.
Houston (Platts)--16 Feb 2018 604 pm EST/2304 GMT
US Northern Appalachian longwall coal prices have started to dip as domestic utility demand wanes following a busy start to the year stateside and at the ports.
Houston (Platts)--16 Feb 2018 1253 pm EST/1753 GMT
US coal train loadings fell 9.9% on week as volumes declined in all major production areas.
London (Platts)--16 Feb 2018 659 am EST/1159 GMT
Thermal coal stocks at Indian power plants were 15.3 million mt as of Wednesday, up 3.1% from 14.9 million mt the previous week, and 14.4% higher than 13.4 million mt the previous month, according to data published Friday by the Central Electricity Authority.
Houston (Platts)--15 Feb 2018 345 pm EST/2045 GMT
Talen Energy will begin to phase out coal burn at its Brunner Island Steam Electric Station in Pennsylvania in five years' time before ending coal use altogether in 2029, it said.
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Singapore (Platts)--19 Feb 2018 429 am EST/929 GMT
China's strong demand for iron ore, coal and crude is driving up the demand for ships and is serving as an engine of growth for the dry bulk shipping and the tankers' sector, Baltic and International Maritime Council said in a report last week.
London (Platts)--16 Feb 2018 759 am EST/1259 GMT
Marine fuel sales at Rotterdam, the world's third-largest port for bunkering, fell 2.6% in the fourth quarter of last year, compared with the same period a year ago.
London (Platts)--15 Feb 2018 546 pm EST/2246 GMT
A recent freight increase for Supramax vessels in the US Gulf Coast is likely to be capped by ballasters from the UK-Continent and West Mediterranean in a repeat of mid-January activity, shipping sources said this week.
Singapore (Platts)--15 Feb 2018 602 am EST/1102 GMT
Japan sold 2.54 million barrels of bonded bunker fuel in December, down 0.1% from November but up 15.8% year on year, according to data released Thursday by the Ministry of Economy, Trade and Industry.
London (Platts)--14 Feb 2018 133 pm EST/1833 GMT
Two new-build Suezmaxes loaded with ultra-low sulfur diesel from East of Suez markets are set to add to the general length in the European market by carrying around 130,000 mt each to to the Amsterdam-Rotterdam-Antwerp storage and refining hub.
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London (Platts)--19 Feb 2018 648 am EST/1148 GMT
Singapore (Platts)--19 Feb 2018 239 am EST/739 GMT
Trade activity in the Asian petrochemical markets is expected to slowly return at the end of the week, following the Lunar New Year holidays.
Houston (Platts)--16 Feb 2018 602 pm EST/2302 GMT
Norwegian chemical shipper Odfjell's proposed ethylene export facility in Houston is less likely to be built if Enterprise Products Partners' similar project moves ahead, according to CEO Kristian Verner Morch.
London (Platts)--16 Feb 2018 751 am EST/1251 GMT
An agreement for initial investments for an advanced waste-to-chemicals plant in Rotterdam that will convert waste materials into methanol has been signed by AkzoNobel Specialty Chemicals, Air Liquide, Enerkem and the Port of Rotterdam, Enerkem said Friday.
Houston (Platts)--15 Feb 2018 347 pm EST/2047 GMT
The US' Westlake Chemical and Olin are raising prices for caustic soda output sold domestically, according to company letters to customers obtained Thursday by S&P Global Platts.
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Singapore (Platts)--19 Feb 2018 521 am EST/1021 GMT
Criticizing the US government's recommended actions on steel and aluminum imports, China's Ministry of Commerce said Saturday that it would take necessary measures if the US' final decision hurts China's interests.
New York (Platts)--16 Feb 2018 558 pm EST/2258 GMT
The share prices of key steel equities in the US rallied sharply across the board Friday after US Commerce Secretary Wilbur Ross released details of recommendations to President Donald Trump regarding steel imports.
Washington (Platts)--16 Feb 2018 342 pm EST/2042 GMT
Trade remedies under the US Section 232 investigation into aluminum competitiveness are justified and would not cause undo harm to downstream industries such as the automotive and can industries, the Commerce Department said Friday.
Pittsburgh (Platts)--16 Feb 2018 338 pm EST/2038 GMT
US Commerce Secretary Wilbur Ross released Friday details of the Department of Commerce's recommendations to President Donald Trump regarding steel imports after a nine-month investigation under Section 232 of the Trade Expansion Act of 1962 regarding imports' impact on national security.
London (Platts)--16 Feb 2018 1120 am EST/1620 GMT
Ferrochrome prices moved higher in Europe as speculation grew over the outcome of an anti-dumping investigation of low carbon ferrochrome from China, Turkey and Russia.
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London (Platts)--19 Feb 2018 642 am EST/1142 GMT
Russian wheat exports from July 1 to February 14 of the 2017-18 marketing year (July-June) rose to 25.428 million mt, up 39.3% on the year, data from the ministry of agriculture showed Monday.
London (Platts)--19 Feb 2018 600 am EST/1100 GMT
An explosion at oilseed factory in northern France has left two people dead, and it is too early to say when output will resume, said Saipol Saturday, the oilseed branch of the French group Avril.
Houston (Platts)--16 Feb 2018 559 pm EST/2259 GMT
The benchmark Argo ethanol market Friday rose to its highest level since October as robust demand and a bullish US Energy Information Administration report supported prices.
London (Platts)--16 Feb 2018 836 am EST/1336 GMT
Russian 12.5% protein wheat at deep sea ports soared to $204/mt Thursday, its highest point since May 2015, according to S&P Global Platts data.
Houston (Platts)--15 Feb 2018 535 pm EST/2235 GMT
The number of ethanol renewable identification numbers (RINs) generated in the US in January rose by 5.57 million RINs, or 0.44%, compared with December to 1.283 billion RINs, US Environmental Protection Agency data showed Thursday.
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