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crude oil tanker
David Arno, Oil Market Analyst
April 28, 2017
Waterborne exports of crude from the United States increased 5.662mn barrels (bbls) to reach a record high of 9.025mn bbls (1.289mn bpd), for the week ending April 21, 2017, according to Genscape’s North American Waterborne Crude report. During the week ending April 21, exports eclipsed the previous...
fairway brine caverns
Marcus Waldner & Dylan White, Oil Analysts
April 28, 2017
Genscape began monitoring crude inventories at Fairway Energy Partners’ newly developed cavern storage facility at Pierce Junction in Houston, TX, on the April 21 report date. The facility is currently comprised of two brine ponds with a combined capacity of approximately 7.3mn bbls that are connected...
soybean field
Timm Decker, Analyst, Ag & Biofuels
April 25, 2017
Genscape's estimate was right in line with the National Oilseed Processors Association's (NOPA) March 2017 crush number. NOPA's crush came in at 153.1 million bushels, while Genscape reported 152.1 million bushels. Industry news sources reported that soybean futures moved down because...
port of shanghai
Genscape Maritime
April 24, 2017
Over the last two months, Genscape Vesseltracker has added more than 100 new AIS antenna locations across China, covering major ports, coastal traffic areas, and inland waterways throughout the country. The antennas are strategically placed in high locations to provide optimal shipping coverage, ...
Allison Hurley, Research Analyst, Natural Gas
April 21, 2017
  ​Hurricane activity in the Atlantic basin is kicking off early this year. Tropical Storm Arlene, the first named storm of the 2017 Hurricane Season, is currently in the central Atlantic and moving towards the northwest. Genscape believes that is not a remote threat to the U.S. and will likely...
solar power
Zoe Gaston, Analyst, GP Energy Management
April 14, 2017
The federal Public Utilities Regulatory Policies Act (PURPA) was passed in 1978 as way to diversify the country’s energy portfolio and allow renewable energy to compete with fossil fuels, especially in states with weak or no renewable mandates. It requires electric utilities to purchase the output from...
natural gas pipeline construction
Colette Breshears, Natural Gas Analyst
April 13, 2017
Just over two weeks ago, as the window for felling trees during the Indiana Bat hibernation season drew to a close, Genscape flew the Rover right-of-way (ROW) for the second time to gauge construction progress. After analyzing over 1,000 high-resolution aerial pictures, Genscape’s conclusion was...
offshore oil production
Hans Wytema and Hillary Stevenson, Oil Market Analysts
April 13, 2017
The Buzzard field, the largest contributor to Forties flow, was shut on April 4 due to unplanned maintenance at one of the onshore processing plants. The outage affected vessel loading at Hound Point, one of the delivery points for the Forties pipeline system, and significant flaring activity at the...
power lines
Joseph Prosack, Power Market Analyst, Market Intelligence
April 12, 2017
On Friday, April 7, 2017, Genscape Transmission RT data showed that the new Byron-Wayne 345kV line in western ComEd is now energized after years of anticipation. Now fully in service, the line will be able to carry 1,679 megawatts (MW) from the Byron nuke east towards Chicago. Its path runs...
lng tanker
Rob Snyder, Data Scientist and Hanaa Almahmoud, Software Developer
April 12, 2017
In a milestone for LNG bunkering, the world’s first purpose-built LNG bunkering vessel has completed its first ship-to-ship transfer. From approximately 05:00 UTC to 19:15 UTC on April 10, 2017, the ENGIE Zeebrugge bunkered the Auto Eco in a Zeebrugge vehicle facility with LNG loaded from Fluxys LNG...