Источник
The essential perspective on global energy
Выбор редакции
14 августа, 07:01

In the LOOP: Arab Light imports rebound slightly as Saudi Arabia reports cuts

  • 0

Imports of Arab Light from Saudi Arabia into the Louisiana Offshore Oil Port are rebounding slowly, even as Saudi Arabia continues to report oil production cuts. So far in August, Morgan City, Louisiana, the delivery point for LOOP, has taken three cargoes, totaling 1.95 million barrels, of Arab Light, according to the latest S&P Global […] The post In the LOOP: Arab Light imports rebound slightly as Saudi Arabia reports cuts appeared first on The Barrel Blog.

Выбор редакции
14 августа, 03:00

Insight: Kaspersky Lab contest reveals ease of hacking an oil refinery

  • 0

This is the second in a series of two special features on cybersecurity in the oil and gas sector In October, four South Korean hackers in Shanghai spent seven hours attempting to infiltrate an oil refinery’s corporate network to gain access to its control systems and shut the facility down. Another 15 minutes or so, […] The post Insight: Kaspersky Lab contest reveals ease of hacking an oil refinery appeared first on The Barrel Blog.

Выбор редакции
13 августа, 11:01

Mexico could take multiple paths toward energy self-sufficiency: Fuel for Thought

  • 0

Mexico President-elect Andres Manuel Lopez Obrador has planned sweeping changes to the country’s energy landscape. Among the key goals of the incoming administration is to make Mexico self-sufficient when it comes to its energy needs, including meeting its rising motor fuel demand. A capstone to Lopez Obrador’s plan is construction of a new refinery that […] The post Mexico could take multiple paths toward energy self-sufficiency: Fuel for Thought appeared first on The Barrel Blog.

Выбор редакции
13 августа, 03:00

Insight: Oil companies scramble to stay ahead of cybersecurity threats

  • 0

This is the first in a series of two special features on cybersecurity in the oil and gas sector But for a coding error, an attempted cyberattack last year on a petrochemical plant in Saudi Arabia could have led to a catastrophic explosion. Malware implanted into the control system to sabotage the plant accidentally triggered […] The post Insight: Oil companies scramble to stay ahead of cybersecurity threats appeared first on The Barrel Blog.

Выбор редакции
10 августа, 10:45

Will Myanmar become a conduit for Iranian crude into China?

  • 0

On June 1, sometime between the US withdrawal from the JCPOA in early May, and its demand in late June that Asian buyers fully halt Iranian oil purchases, PetroChina snuck in a shipment of Iranian crude through Myanmar to its Yunnan Petrochemical refinery in southern China. On any other route, this would have been just […] The post Will Myanmar become a conduit for Iranian crude into China? appeared first on The Barrel Blog.

Выбор редакции
08 августа, 12:00

EU forges ahead with steel sector M&A – but it won’t solve overcapacity

  • 0

European steel’s current major M&A activity — driven by market recovery since mid-2017 — aims to achieve synergies and boost cost-effectiveness in a global steel sector still plagued by as much as 657 million mt of overcapacity, according to Organization for Economic Cooperation and Development estimates. ArcelorMittal (AM), the world’s biggest steelmaker, is to acquire […] The post EU forges ahead with steel sector M&A – but it won’t solve overcapacity appeared first on The Barrel Blog.

Выбор редакции
08 августа, 07:01

Insight: Market watchers fret about future of US wholesale power markets

  • 0

US power markets are in the spotlight amid a flurry of power plant retirements and subsequent efforts by various forces to keep them afloat. Some market watchers suggest the shifts in market structure, resource mixes and policy sets should come as no surprise – and that perhaps the country’s experiment with competitive wholesale markets should […] The post Insight: Market watchers fret about future of US wholesale power markets appeared first on The Barrel Blog.

Выбор редакции
07 августа, 16:00

Don’t hold your breath — 2+42 Chinese steel-producing cities

  • 0

On July 20, Tangshan, the steelmaking hub in northern China’s Hebei province, turned up the heat on pollutant industries by imposing a 43-day output cut on local blast furnaces. In parallel, Chinese authorities are removing a further 30 million mt/year of crude steel capacity. When compared with the winter heating season of November 2017 to […] The post Don’t hold your breath — 2+42 Chinese steel-producing cities appeared first on The Barrel Blog.

Выбор редакции
07 августа, 14:00

Insight from Washington: US abandons oil sanctions to avoid owning Venezuela’s collapse

  • 0

Just more than a year ago, it was not a question of ‘if’, but ‘when.’ As Venezuela’s leftist leader Nicolas Maduro consolidated power in an election derided as a fraud by the international community, the Trump administration readied exacting sanctions on the South American nation’s oil sector. “All options are on the table,” said a […] The post Insight from Washington: US abandons oil sanctions to avoid owning Venezuela’s collapse appeared first on The Barrel Blog.

Выбор редакции
07 августа, 08:00

LOOP Sour crude becomes heavier, sweeter in July

  • 0

LOOP Sour crude became heavier and sweeter in July, with an average API gravity of 29.6 degrees and typical sulfur content of 2.5%. Additionally, more than 500,000 barrels of LOOP Sour was delivered from storage in July, according to data from the Louisiana Offshore Oil Port. LOOP Sour is comprised of the US Gulf of […] The post LOOP Sour crude becomes heavier, sweeter in July appeared first on The Barrel Blog.

Выбор редакции
06 августа, 07:01

Energy security is a two-way street: Fuel for Thought

  • 0

US Energy Secretary Rick Perry’s recent claim that energy independence is within reach overlooks a fundamental principle of interconnected global trade: Producing countries need security of demand as much as consuming countries need security of supply. While the US Energy Information Administration projects the US will become a net energy exporter within the next few […] The post Energy security is a two-way street: Fuel for Thought appeared first on The Barrel Blog.

Выбор редакции
31 июля, 19:00

US utility coal stockpiles continue to decline; markets not alarmed

Utility coal stockpiles stood at 128.4 million st at the end of May, according to the most recent US Energy Information Administration data, released last week. The figure was down 20.9% from the year-ago month, and down 23.7% from the five-year average for the month. Stockpiles typically build during May, as utilities prepare for summer […] The post US utility coal stockpiles continue to decline; markets not alarmed appeared first on The Barrel Blog.