Iran’s post-sanctions oil plans and their market impact
This weekend the world witnessed what has been hailed as the most significant diplomatic breakthrough since the collapse of the Soviet Union: the lifting of nuclear sanctions against Iran.
Grow a tree, burn a tree... a rethink of biomass philosophy
A re-evaluation of biomass for electricity generation appears a certainty, and the evolution of sustainability criteria is likely to retard market growth.
It's the day of the dollar for US refined oil products
From diesel and gasoline to propane and jet fuel, various US refined oil products are less than $1/gal, prices unseen since Pluto was still a planet, as Matthew Kohlman explains.
Iran's petroleum production expected to increase as sanctions are lifted
(Tue, 19 Jan 2016) Implementation day for the Joint Comprehensive Plan of Action (JCPOA), an agreement among Iran, the P5+1 (the five permanent members of the United Nations Security Council and Germany), and the European Union (EU), occurred on January 16 when the International Atomic Energy Agency verified that Iran had completed the key physical steps required to trigger sanctions relief.
To get big results for energy in the US Congress, start small
There are hundreds of groups of US legislators huddled around special interests in the Congress, including several dozen organized around energy-related issues.
Oil outlook 2016: Collapsing crude, the return of Iran and deeper capex cuts
With crude prices falling a further 17% since the start of 2016, Platts editors gather to look at the big trends, themes and issues for the year ahead. They discuss whether the incredible change in the spread between the WTI and Dated Brent crude benchmarks has become the 'new normal'; how, amid unrelenting OPEC output and oversupplied markets, the expected fall in US crude shale oil production may be offset by the return of Iranian oil.
Green targets drive demand for new forms of auto steel
Fuel economy isn’t the only way to go green, says Estelle Tran.
Warmer weather, lower energy prices are reducing home heating expenditures
(Fri, 15 Jan 2016) Warmer temperatures and lower energy prices have contributed to a reduction in EIA's current forecast average heating expenditures this winter compared with the forecast in the October 2015 <em>Winter Fuels Outlook</em>.
Oman Country Analysis Brief
(Fri, 15 Jan 2016) Oman?s total oil production exceeded one million barrels per day in 2015. Oman's government aims to keep production near its current level for at least the next five years by applying enhanced oil recovery (EOR) techniques.
Turkish scrap imports kick off 2016 on an upbeat note, but headwinds persist
Vaseem Karbhari explores the market fundamentals underpinning a rise in Turkish scrap prices and how the health of Asian steel markets could hold the key to how they perform during 2016.