A Perfect Storm–Now Updated thru 2024

A Perfect Storm–Now Updated thru 2024 -NGL Supply by Component: Field Condensate, Ethane, Propane, Butane, Pentanes/refinery naphtha, Pentanes Plus -NGL Demand by Component: Condensate (field and pentanes plus) , Ethane, Propane, and Butane and Pentanes -NGL Demand by Sector: Energy sector (diluent, crude blending, condensate splitters), Petchem sector, Household sector, and Transportation sector -Regional Balances…

Scatter Shot Reform: Fuel Engine Pathways for Automotive Transportation, 2010-2025

Scatter Shot Reform: Fuel Engine Pathways for Automotive Transportation, 2010-2025 Motor transport accounts for more than half of global oil demand and comprises approximately 20 percent of total global energy demand. As a major driver in the future of energy, it is undergoing rapid transformation as opportunity and technology spread across the globe. With impending…

Russia’s South ULSD Pipeline Launched

BOSTON, MA, December 11, 2017 Russia’s South ULSD Pipeline Launched The start of ULSD exports to the Black Sea and Med markets via Russia’s South pipeline is not a prelude to massive upgrading investment and soaring diesel production, according to ESAI Energy’s newly published CIS Watch, an outlook on Russia’s refined product markets. In December,…

OPEC Puts Icing on the Cake

BOSTON, MA, December 1, 2017 OPEC Puts Icing on the Cake As expected, OPEC and its non-OPEC partners have extended their production agreement through 2018 and even assigned “soft targets” to include Nigeria and Libya. Saudi Arabia’s Energy Minister, Khalid Al Falih made it clear in his opening remarks that the goal of the year-old…

Hedging and Pipelines Support Shale Growth

BOSTON, MA, November 29, 2017 Hedging and Pipelines Support Shale Growth Higher oil prices have encouraged hedging 2018 shale output, supporting production even as procyclical costs are lifting breakeven prices, according to ESAI Energy’s North America Watch. With a weighted average floor price of $50 per barrel, roughly 1.5 million b/d of production has been…

LNG Market to Rebalance

BOSTON, MA, November 28, 2017 LPG Market to Rebalance The end is in sight for the run on global LPG stocks, according to ESAI Energy’s recently published Global LPG One-Year Outlook. In 2018, the geographically widespread growth of LPG production from fractionation will gradually begin to pull the market out of deficit. Year-on-year declines in…