Highlights Pier IX exports drop 37.5% FOB Hampton Roads falls to average $126.77/mt Coal exports from the Hampton Roads terminals in Virginia fell 16% on the month to 2.38 million in December, a nine-month low, Virginia Maritime Association data released Jan. 24 showed. Not registered?
Highlights Remand order ignored prior evidence: PJM PJM proposes June 8 capacity auction PJM Interconnection has asked the Federal Energy Regulatory Commission for a rehearing in its reserve market proceeding because a recent FERC order departs, without adequate explanation, from prior findings that resource procurement
Highlights Stocks stand 24% below five-year average Supply issues, price volatility possible Western Canada’s natural gas inventory remains on track to end this winter at its lowest level recorded in at least seven years, prompting shortage concerns and possible price spikes. Not registered? Receive daily
Highlights Interbasin spreads have come in recently Reversal of December trend sign of market volatility Several LNG cargoes heading to Europe for February delivery were heard to have been diverted recently to Asia amid an uptick in end-user demand in the Pacific and limited available
Highlights US facility designed for 10 million mt/year capacity Robust netbacks incentivizing full Gulf Coast dispatch Feedgas deliveries to Venture Global LNG’s Calcasieu Pass reached the highest level to date Jan. 24 – more than double the amount from a week earlier — as the
Highlights Says objections raised did not pertain to proposal Clements notes her opposition to SEEM in concurrence The US Federal Energy Regulatory Commission approved proposed revisions to the Southeast Energy Exchange Market agreement that aim to improve public transparency and create safeguards for the marketplace
Highlights UAE pumped 2.87 mil b/d in December, third most in OPEC Giant Ruwais refinery undergoing crude flexibility upgrade Ships previously targeted off eastern port of Fujairah A foiled Houthi missile attack on Jan. 24 directed at OPEC’s third-largest oil producer, the UAE, has highlighted
Highlights Ukraine key export corridor for Russian oil and gas Main market risk from new sanctions Physical oil and gas supply cut-off seen as unlikely Russia moved on Jan. 24 to assert that it remains a “reliable guarantor of European energy security”, a day after
Highlights Deal aligns with EU’s ‘Fit for 55’ climate package SAF can reduce aviation emissions by up to 80% Spain-based refinery operator Cepsa is to develop and produce sustainable aviation fuel from waste, recycled used oils, and other sustainable plant-based feedstocks with airline operator Iberia,
Highlights Germany calls for changes to gas, nuclear taxonomy details EU27 informal meeting sets out pillars for ACER report Flexible regulatory framework required for hydrogen imports Germany has called for changes to the European Commission’s draft sustainable finance taxonomy guidelines on nuclear and gas, while