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Two Mexico Natural Gas Pipes Delayed Further Amid Local Impasse, Says TransCanada

TransCanada Corp. has pushed back the targeted completion dates of its already delayed Tuxpan-Tula and Tula-Villa de Reyes natural gas pipeline projects because of an impasse with local authorities along the routes. ....

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FreightFlows frees bulk maritime markets from volatility in schedules, pricing

FreightFlows frees bulk maritime markets from volatility in schedules, pricing
FreightFlows’ mission is to offer predictive visibility to global shipping markets as the best independent trade data provider
Image: Jim Allen (FreightWaves)
Innovations are few and far between for the slow-paced bulk industry. This volatile, often overlooked sector of maritime trade is receiving an infusion of visibility and vessel predictability from data analytics provider FreightFlows.
FreightFlows ties together ship tracking, vessel availability, pricing analytics, predictive path and arrival estimations, commodity cargoes, as well as market, port and fleet activity trends on a comprehensive platform that tracks and predicts these values in real time. ....

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Oil, Gas, And Fracking News Reads: 21February 2021

The natural gas storage report from the EIA for the week ending February 12th indicated that the amount of natural gas held in underground storage in the US fell by 237 billion cubic feet to 2,281 billion cubic feet by the end of the week, which left our gas supplies 105 billion cubic feet, or 4.4% below the 2,386 billion cubic feet that were in storage on February 12th of last year, but 57 billion cubic feet, or 2.6% above the five-year average of 2,224 billion cubic feet of natural gas that have been in storage as of the 12th of February in recent years..the 237 billion cubic feet that were drawn out of US natural gas storage this week was less than the average forecast of a 251 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, but much more than the 141 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, as well as the average withdrawal of 142 billion cubic feet of natural gas that have typicall ....

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In Texas black-swan blackout, everything went wrong at once

The greatest forced blackout in U.S. history, as this event has almost certainly become, was the result of a systemic and multifaceted failure. ....

United States , New Mexico , United Kingdom , North Dakota , Adrian Shelley , Alton Mccarver , Nicholas Steckler , Dan Woodfin , Adam Sinn , Ron Reynolds , Michael Webber , Ercot Woodfin , Greg Abbott , Wood Mackenzie , University Of Texas At Austin , Webber Energy Group , Vistra Corp , Genscape Inc , Energy Transfer , Reliability Council Of Texas , Electric Reliability Council , Texas State , Bill Magness , Aspire Commodities , Public Citizen , Permian Basin ,

Oil Prices Advance Amid US Energy Crisis

Oil rose to the highest in over a year.
(Bloomberg) Oil rose to the highest in over a year as U.S. oil output plunged by a record 40% amid the ongoing energy crisis in the country.
Futures climbed 1.8% in New York after flipping between gains and losses earlier on Wednesday. The deep freeze causing historic power outages across the central U.S. has led oil output to fall by more than 4 million barrels a day nationwide. Meanwhile, Brent’s nearest contract is trading at its strongest premium to the following month in over a year, with North Sea traders this week frantically bidding for the region’s cargoes as replacements are sought for U.S. crude exports. ....

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