The prospect of Beijing banning imports of low-calorific value thermal coal again loomed over the Chinese seaborne market as the policy was rumoured to form the centerpiece of a tough new environmental law enacted by China's parliament, ...
Tags: Thermal Coal, lignite
Members of the Argentinian Biofuels Association, or CARBIO, exported 85,000 mt of biodiesel in March, a 5.2% fall compared with the same period in 2013, according to data from the industry body received by Platts Monday. CARBIO members ...
The complaint alleges that Beijing KMT Technology Co., Ltd (Beijing KMT) infringed Dow Corning's Chinese patent by manufacturing and selling products using proprietary Dow Corning silicone technology under the Beijing KMT label. The ...
Refining margins for sweet crudes are out-performing margins for sour crudes like Urals in Northwest Europe, Platts data shows, as lighter refined products have surged while heavier products have dropped. While cracking margins -- which ...
Tags: Sweet Crude, Gasoline
China's Ministry of Environmental Protection has lifted a ban on approvals for new refinery projects and upgrades proposed by state-owned companies PetroChina and Sinopec, the ministry announced in a notice posted on its website Wednesday. ...
Tags: Sinopec, PetroChina, New Refinery Approvals
Nigeria is set to load 4.95 million barrels of Bonny Light in June, compared to 4.9 million barrels in May, according to a copy of the grade's loading schedule seen by Platts on Tuesday. There are currently five cargoes scheduled to load ...
Tags: Crude Oil, Light terminal
The spread between US Gulf and Atlantic Coast heating oil narrowed Monday to its lowest level in well over a year as USAC demand for traditional heating oil -- with less that 2,000 ppm sulfur -- continues to decline. On July 1, four ...
Tags: Heating Oil, sulfur
Russian gas giant Gazprom has sent the first cargo with crude produced at the Prirazlomnoye offshore field -- the country's only Arctic offshore hydrocarbon project -- to the international market, the company said Friday. "ARCO, or Arctic ...
Tags: Gazprom, crude, Arctic Oil
The rail-delivered (CSX) Central Appalachian thermal coal spot price followed the European market lower Friday, while the Cal 2015 swap was seen trading in large volume after the 2:30 pm EDT Market-on-Close. CSX physical May closed lower ...
Tags: Coal, Spot Price, European market
US crude stocks jumped 10 million barrels last week -- the largest build in 13 years -- on a surge in imports and lower refinery run rates in the US Gulf Coast, data from the US Energy Information Administration showed Wednesday. The ...
Tags: Crude Stocks, lower refinery
The U.S. Environmental Protection Agency (EPA) released its 19th annual report of overall U.S. greenhouse gas (GHG) emissions today, showing a 3.4 percent decrease in 2012 from 2011. The Inventory of U.S. Greenhouse Gas Emissions and Sinks, ...
Tags: Certification, EPA, Gas
The timespread for 500 ppm gasoil swaps in Singapore widened to a four-month high of 83 cents/barrel for May/June Monday, reflecting a tighter market during the regional refinery maintenance season, a narrowing East/West spread and ...
The near-term supply shortage of ultra low sulfur diesel in Northwest Europe has forced up the forward curve backwardation to an 11-month high, and prompted the barges and cargo swaps to trade at the narrowest spread since October 2013, ...
Tags: NWE Diesel, ULSD cargoes
The Mediterranean high sulfur fuel oil market has moved to its widest discount to Northwest Europe in four months amid ample supply, traders said. Mediterranean FOB HSFO cargoes were assessed by Platts on Thursday at a $12/mt discount to ...
Tags: Fuel Oil, High Sulfur Oil
US Powder River Basin 8,800-Btu/lb thermal coal for May delivery closed 20 cents higher at $13.05/st on Wednesday, the highest level for the front month since November 23, 2011, when the price closed at $13.75/st. PRB 8,800 physical May ...
Tags: thermal coal, coal production, PRB basin