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liquid natural gas tanker
Ted Michael, Analyst, LNG, Natural Gas
January 16, 2017
At the end of 2015, global LNG production was approximately 35 bcf/d. By 2019, global supply is set to increase by 40 percent with the U.S. and Australia planning to bring another 15 bcf/d online. However, traditional markets like Europe and Northern Asia are experiencing no demand growth due to...
oil production
Dylan White, Analyst, Oil Storage
January 12, 2017
Like previous years, cold weather impacted the West Texas Permian crude oil supply chain this winter. Genscape data showed the impact of the recent freezing temperatures on production, storage levels, and pipeline flows in the Basin. Regional stock draws in mid-December helped protect downstream markets from...
gas pipeline
Nicole McMurrer, Natural Gas Analyst, Genscape
January 11, 2017
The first winter storm of 2017 crossed dozens of state boundaries and had significant impacts to Lower 48 natural gas production. Total freeze-off estimates peaked at ~2.224 Bcf/d on Saturday, January 7, 2017, as winter storm Helena traveled from the west to the south and the east. This brought as...
Oil Refinery
Ryan Bouckaert, Crude Oil Analyst, Genscape
January 10, 2017
Genscape expects U.S. crude runs to grow by +295 Mb/d in 2017, primarily due to a lighter turnaround slate and crude distillation unit capacity additions. The downside risk to the forecast is how much refining margins compress. Thanks to the support of OPEC’s commitment to take at least 1.2 MMb/d of...
Oil Refinery
Hans Wytema, Analyst, Oil Refineries & Amanda Dirkes, Analyst, Oil Refineries
December 20, 2016
  Idling of Total’s 153,000 bpd Provence (La Mède), France, refinery began on November 18 with the shutdown of a sulfur recovery unit (SRU), according to real-time Genscape refinery alerts. Total is ceasing crude oil operations at their Provence refinery in order to convert the facility...
Soybean Field
Genscape Biofuels
December 16, 2016
Genscape’s November 2016 NOPA national crush estimate was 160.7 million bushels, precisely forecasting NOPA’s 160.752 million bushels released on December 15, 2016. Most market expectations were higher than NOPA’s release. Genscape’s advantage on the NOPA estimate is our...
Oil Train
David Arno, Editor, Oil
December 14, 2016
Crude-by-rail shipments are expected to increase from North Dakota in coming months due to the Organization of Petroleum Exporting Countries’ (OPEC) recent decision to curtail oil production and an easement denial for Energy Transfer Partners’ (ETP) 470,000 bpd Dakota Access crude pipeline....
Oil Rig
Jodi Quinnell, Oil Product Manager
December 06, 2016
With the Organization of Petroleum Exporting Countries reaching an agreement to cut production, Genscape expects resulting higher crude prices to spur U.S. producers to add 125 more rigs by mid-2017. A large number of these rigs will go back to work in the West Texas Permian Basin.     ...
Oil tanker barge
Colin Halling, Senior Analyst, EMEA, Oil
December 01, 2016
  Shipments of barges carrying gasoil from the key Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub to destinations along the Rhine River have increased markedly in the last two weeks. A seasonal interest in moving heating oil from ARA into Germany, eastern France, and Switzerland is...
Nuclear Power Plant
Twan Vollebregt, Power Managing Director and Victoria Vigot, Power Market Analyst
November 29, 2016
The election of Ryuichi Yoneyama, an anti-nuclear campaigner, as Governor of the Niigata prefecture on October 16, 2016, has cast serious doubts on the nuclear restart agenda advocated by the Abe government. This follows a similar development in the southern Kyushu province of Kagoshima, the location of...