In the city that never sleeps, Platts will play host to one of the commodities industries’ foremost events in Mumbai early next month. Platts Commodity Week is an informative free event that gives the low down on all of the most important happenings for those engaged in energy and commodity markets. In our experience, it’s […]
It’s 67 years today that India gained its independence from British Rule. In that time India has seen its population increase threefold, while its economy has risen to ninth strongest in the world. In terms of energy India is the fourth largest consumer after the U.S., Russia and China, having seen its commercial primary energy […]
Electricity generation in sub-Saharan Africa is for the most part acutely unreliable. Despite being endowed with fossil and renewable energy resources vast enough to cover all of its energy needs, the rate of electrification is lower than in any other region in the world. Having visited a few countries in eastern and southern Africa myself, […]
NYMEX crude financial contracts for the West Texas Intermediate (WTI) exceeded the Intercontinental Exchange’s (ICE) Brent Crude for the first time in three years on Friday by 3 cents. At the time of writing, WTI was reasserting its benchmark dominance as the spread between it and Brent disappeared. Limited pipeline access has been the main […]
America has made some significant strides recently to try and lower its dependence on foreign oil. In the past five years, advances in commercial-level hydraulic fracturing – also known as “fracking” – have enabled the energy-dependent nation to explore large reserves of economically recoverable natural gas. Despite the obvious gains made by the U.S. thanks […]
We often see some of the brightest minds in companies spending thousands of valuable hours manually collecting and validating data. This is time that could be better spent analyzing it, so companies can focus on the making those all important business decisions. However simplifying the complexity of the data management process is not so easy. In […]
When I think of Dubai, I think of oil and seven-star hotels. Of course I should know better than to pigeonhole the modern emirate state; which contrary to popular belief, counts less than 30% of its GDP from oil revenues. Today Dubai, both a city and emirate within the United Arab Emirates (UAE), is viewed […]
The recent upsurge in new market data for electricity markets outside of the US looks like it could be one to watch. Ever since deregulation of electricity markets first happened in the mid-nineties, it’s been fascinating to see how the marketplace has evolved in the US; not least with the introduction of hundreds of thousands of granular data feeds into the system […]
An interesting article crossed my path this week while I was clicking online. Forbes published a story with a headline that must have raised a few eyebrows, not least in Microsoft HQ. Unashamedly titled ‘Microsoft’s Excel might be the most Dangerous Software on the Planet’, the crux of the article said that while the emergence […]
Data for the energy and commodities markets is growing at an exponential rate. For those of us working in these industries, it can often be a struggle to keep up when we’re constantly bombarded with new locations, new data reports and new data providers. Searching for the right data becomes even more complicated when you’re stuck […]