Vietnam’s oil tax rules run counter to self-reliance policy: Fuel for Thought
Ironic and unusual aptly describe the conundrum facing Vietnam’s sole 130,000 b/d state-owned refinery located in the central province of Quang Ngai.
United Kingdom increases oil production in 2015, but new field development declines
(Mon, 28 Mar 2016) After many years of decline, production of petroleum and other liquids in the United Kingdom (U.K.) increased by about 100,000 barrels per day (b/d) in 2015. The largest contribution to this increase came from fields that were brought online in the second half of 2014. Significant increases also came from fields that came online in 2015, and from improved performance of the U.K.'s largest producing field, the offshore Buzzard field.
The stars align to support US steelmakers
Real demand is still flat and US steelmakers appear to be facing a "perfect storm" -- a good one, this time.
U.S. petroleum product exports continue to increase
(Fri, 25 Mar 2016) Total U.S. petroleum product exports continued to increase in 2015, up 467,000 barrels per day (b/d) from 2014 to 4.3 million b/d, driven by increased exports of distillate fuel, motor gasoline, and propane. Mexico and countries in Central and South America continue to be major recipients of U.S. petroleum product exports.
AFPM 2016: From Latin American polymers to US methanol, toluene, MX and more
Platts editors give more insight into wide range of products and topics that were discussed at AFPM 2016.
Seeds of change: Ukrainian minister seeks to bolster country’s agriculture
It is impossible to talk about the political situation in Ukraine right now without balking at the size of the task facing the country.
EIA reviews and enhances data and projections for wind and solar electricity
(Thu, 24 Mar 2016) EIA's data and projections for renewable electricity, in particular wind and solar generators, are a major topic of interest for many EIA customers. In an effort to assure that data are accurate and comprehensive, and that projections are useful for policy analysis, EIA regularly reviews its data and projections, as well as current and projected costs for wind and solar technologies.
State Electricity Profiles updated for 2014 data
(Thu, 24 Mar 2016) The annual report contains data tables describing the electricity industry in each state. Data include generating capability, electricity generation, fuel use and prices, retail sales, emissions, net interstate transfers of electricity, and metering counts.
Thai physical sugar premiums soar as stocks dwindle
Platts Darren Stetzel on the key driving forces behind Thai physical sugar premiums rallying across the entire forward physical curve in the past week.
Nigeria grapples with changes to gasoline import models
Africa's largest oil producer Nigeria could be on the verge of another fuel shortage crisis as the government tries to adapt to the various changes that have taken place in the way it imports gasoline.