ICIS Energy Resources

Featured Energy Content

China Gas Demand Infographic

China Gas Demand Infographic

Is it a good time to enter the China gas market? China, one of Asia's largest energy consumer, continues to experience slower growth in natural gas. While it is not expected to return to double digits, market players can still look forward to an uptrend. This infographic provides a snapshot of overall demand growth, growing sectors and infrastructure developments.

What's the outlook for US LNG exports and Europe?

what's the outlook for US LNG exports and Europe

ICIS recently hosted a free webinar covering the launch of our US free on board (FOB) LNG export price assessment and key trends in the US and European markets.

Key topics:

  • Evolution of short-term trading trends in the Atlantic Basin
  • Link between US and European gas markets
  • Explanation of the ICIS US LNG export price assessment and methodology

Where are your LNG opportunities this year?

LNG world market outlook for 2016

Download the LNG Market Outlook 2016 which covers these key highlights:

  • Australia: Supply ramp-up from the east coast
  • India: Buyers to cash in
  • China: Government focus, private companies
  • East Asia: Ongoing demand concerns
  • US: First exports beckon
  • Europe: LNG’s old/new friend?
  • Middle East: One area of optimism

Latest Energy Information

Free Whitepaper: Capitalising on Change - What this means for China’s oil markets

Free Whitepaper: Capitalising on Change - What this means for China’s oil markets

With China’s economy now entering a new era, there have been several macro-economic factors causing the trade dynamics of the domestic oil markets to change. ICIS has recently produced a whitepaper which discusses in great detail, the current market overview of the oil and petroleum markets and what these new developments mean for you and your business.

Market highlight: Spanish LNG imports plunge to new low in August

Market highlight: Spanish LNG imports plunge to new low in August

Spanish LNG imports in August fell to the lowest level since at least 2004 as pipeline gas imports increased, new figures from Spanish gas transmission system operator Enagas and Spanish state oil and gas stocks agency CORES showed.

ICIS examines the above factors in depth, and takes a look at how supply-side issues in Nigeria and Algeria contributed to the Spanish LNG crunch.

Market highlight: Gas demand surge leads to spike in Spanish pipeline imports

Market highlight: Gas demand surge leads to spike in Spanish pipeline imports

Spanish pipeline imports at the start of September reached their highest levels since January, as shippers raced to replace reduced LNG inflows. ICIS takes a look at what drove the surge in pipeline imports as well as the price increases at the AOC, a market which has historically relied heavily on LNG imports.

 



 

Market highlight: Front-month trade lifts TTF gas volumes as NBP slumps

Market highlight: Front-month trade lifts TTF gas volumes as NBP slumps

A seven-month high in traded volume on the TTF contract for delivery in September helped to lift total trade at the Dutch hub in August.

ICIS takes a look at the why trade at the TTF was so strong in August, analysing which contracts traded particularly strongly, and whether traders gravitated towards OTC brokered trade or exchange platforms.

Market highlight: Forward gas trading to start on Ukrainian Bourse in 2017

Market highlight: Forward gas trading to start on Ukrainian Bourse in 2017

Trading of forward natural gas contracts in Ukraine may be launched in 2017 when a new network code is introduced, the CEO of the Ukrainian Gas Exchange Valentyn Kovbasyuk told ICIS.

ICIS takes a look at the importance of these new products in a market which is becoming increasingly liberalised, and which stands at a crucial point in the natural gas network, sandwiched between the EU and Russia.

Market Highlight: New tariff to boost Belgium’s winter IUK gas exports

Market Highlight: New tariff to boost Belgium’s winter IUK gas exports

With the Zeebrugge Day-ahead basis projected to head deep into negative territory this gas winter, a revised commodity charge levied by British operator National Grid should act as a price incentive to send gas from Belgium to Britain.

ICIS takes a look at the what this new tariff will mean for gas flow between Belgium, a key transit market for northwest European gas, and Britain.

 



 

Market highlight: LNG Hedging Returns NBP Far-Curve to Backwardation

Market highlight: LNG Hedging Returns NBP Far-Curve to Backwardation

The hedging of LNG volumes at Britain’s natural gas market, the NBP, has pushed the gas far curve into backwardation, market experts told ICIS.

ICIS takes a look at the reasons why hedging of LNG volumes has increased, and why this has had a particularly keen impact on the British NBP gas hub.

China: The next big trading hub for petroleum

China Petroleum Annual Study

As major refineries take on more expansion projects, China’s domestic refining capacity has increased in the last five years. With China becoming more self-sufficient, what are the potential opportunities in this newly emerging market? What does this mean for international players?

Examining the impending opportunities in the China oil and petroleum market, the ICIS China Petroleum Annual Report provides a detailed insight into the current market situation and latest developments, with a supply and demand outlook up to 2020, to map out the potential of this growing industry.

ICIS Carbon Market Seminar

ICIS Carbon Market Seminar

ICIS Tschach Solutions is delighted to announce it will be hosting a Carbon Market Seminar in September in London. The Carbon Market Seminar will provide you with the opportunity to meet with EU ETS market movers and discuss where prices are heading. This event will be divided into two sessions with a networking event following the end of the international session.

 



 

Updated: ICIS China Base Oils/Lubes Annual Report

Updated: ICIS China Base Oils/Lubes Annual Report

The China Base Oils/Lubes Annual Report analyses the base oils and lubricants market by combining local insight with a global perspective to support international market participants’ strategic planning work and sheds light on key growth sub-sectors where international suppliers have a competitive edge.

Free infographic: How is Germany designing its power market for a post-nuclear age?

Free infographic: How is Germany designing its power market for a post-nuclear age?

Following the March 2011 Japanese Fukushima nuclear disaster, Germany committed to phasing out nuclear power from its own electricity generation mix by the end of 2022. This graphic timeline shows the various legal steps Germany has been taking along the road to a reformed electricity sector.

Brexit: How will it impact NBP liquidity?

Brexit: How will it impact NBP liquidity?

The British wholesale gas market will remain a key trading venue in Europe, despite the vote by the UK public to leave the EU, analysts have told ICIS. Plus, a relaxation of financial regulation could offer an opportunity for Britain’s NBP hub to emerge as a key speculative trading venue.

 



 

Market highlight: Mainland Europe and LNG to fill gap left by Rough outage

Market highlight: Mainland Europe and LNG to fill gap left by Rough outage

Natural gas supply from mainland Europe and LNG cargoes from north America are expected to fill any shortfall in supply for the 2016/17 winter that develops due to a 42-day shutdown at Britain’s largest storage site Rough.

ICIS Webinar: Price and liquidity trends in Southeast European power markets

ICIS Webinar: Price and liquidity trends in Southeast European power markets

2016 has been a defining year for the Balkan power markets which are finally on track to develop their trading potential and lay the foundations for future integration with the rest of Europe. While Hungary remains the star of the show with the most liquid and developed market in the SEE region, countries such as Bulgaria, Serbia and Croatia seem determined to make up for the lack of market progress over the past few years.

Market Highlight: European Gas Congestion Management Laws

Market Highlight: European Gas Congestion Management Laws

Natural gas market participants across Europe are questioning a congestion management tool that forces shippers to surrender booked but unused cross-border capacity.

Energy Outlooks

Free Infographic: How EU states support green energy?

Free Infographic: How EU states support green energy?

The EU aims to establish more market-based and harmonised renewable energy subsidy systems across Europe without jeopardising the growth of green power capacities towards the targets member states have agreed on. This infographic gives an overview of how European countries are progressing towards achieving this aim.

New EPTR: Market developments and key trends for Europe’s power sector

New EPTR: Market developments and key trends for Europe’s power sector

The European Power Trading Report (EPTR) covers quarterly updates on key market insights for 14 different European countries.

Gain access to the widest range of established markets, but also developing European Power markets ,such as Romania, Bulgaria, Greece and Turkey.

Where are your LNG opportunities this year?

LNG world market outlook for 2016

Download the LNG Market Outlook 2016 which covers these key highlights:

  • Australia: Supply ramp-up from the east coast
  • India: Buyers to cash in
  • China: Government focus, private companies
  • East Asia: Ongoing demand concerns
  • US: First exports beckon
  • Europe: LNG’s old/new friend?
  • Middle East: One area of optimism

 



 

What does the oil price crash mean for the petrochemical industry?

What does the oil price crash mean for the petrochemical industry?

ICIS experts further analyse recent developments surrounding the downtrend in oil prices and have produced a white paper, which covers every angle of this market development and its impact on downstream petrochemical markets.

EU 2030 Climate and Energy Policy

EU 2030 Climate and Energy Policy – Framework in a Nutshell

This report will bring the reader up to speed on the European Commission´s proposal on the EU 2030 Climate and Energy Package and the way forward on the legislative process.

ICIS Base Oils 2015

ICIS Base Oils 2015

ICIS’s annual Base Oils special publication looks at the trends and outlooks in regional markets, and the growing use of synthetic base stocks, at the expense of Group I and II.

It also examines new capacity developments and the growing supply surplus in the market. 

 



 

Market outlook: Improved oil growth in 2014 says IEA forecast

Market outlook: Improved oil growth in 2014 says IEA forecast

Global oil demand growth forecasts have been revised upwards by The International Energy Agency (IEA), despite the US and China markets facing uncertainty. Global demand growth of around 1.1m bbl/day is forecast for 2014 due to an improved macroeconomic climate. 

Market focus - European electricity markets 2014

Market focus - European electricity markets in 2014

This year is the deadline year for the EU’s day-ahead market coupling project, with north-west Europe to launch on 4 February and south-west Europe expected to synchronise in March.

The complex, multi-party programme has been years in development, and a successful outcome would be a big step towards the EU’s long-term goal of a single electricity market. In the UK, domestic developments also present 2014 as a year of reform.

In the first of a two-part series, ICIS highlights key trends in the year to come, first looking at northern- and western-European markets.

Market insight: Chemical industry focused on green targets

Market insight: Chemical industry focused on green targets

The chemical industry has been dealing with EU legislation in recent years aimed at making the world a safer and healthier place to live and work in. More than 130 separate environmental targets and objectives have to be met in Europe between 2010 and 2050 in a drive to cut energy use, pollution, and waste generation.

Listen

 

Podcast: The arrival of US LNG in Europe

Listen

ICIS broke the news in the past week that Europe would receive its first LNG cargo from the US gulf coast when the Creole Spirit berths at Portugal’s Sines terminal.

LNG editors Josie Shilito and Ed Cox discuss the significance of this landmark for the European gas market and the role of LNG going forward in the latest ICIS Energy podcast.

What next for German power prices

What next for German power prices

The German government in July scrapped plans to make some coal-fired plants buy additional carbon permits, instead opting to put some capacity into a reserve. ICIS reporters discuss the implications of and next steps for the alternative plan and what this will mean for power prices.

Iran without sanctions - an energy superpower?

Iran without sanctions - an energy superpower?

ICIS Energy’s Aura Sabadus talks to colleagues Tony Dillon, Liz Stoner and Ludovic Aldersley about what the lifting of sanctions on Iran means for the regional and global oil, gas and LNG markets.

 



 

Archived Content

Focus: LNG outlook 2014

Focus: The LNG outlook for 2014

Uncertainties around the gradual nuclear restarts in Japan and South Korea will punctuate tightness in the prompt LNG market. New export capacity will struggle to keep up with additional import infrastructure.

Whitepaper: South American LNG Markets Review

Whitepaper: South American LNG Markets Review  With a key focus on Brazil’s evolving natural gas market

With a key focus on Brazil’s evolving natural gas market

Brazil had drawn the attention of the global energy markets with its rapidly increasing gas demand. However, local gas production and infrastructure are struggling to keep pace with this demand – even with the tremendous hydrocarbon wealth offshore. This whitepaper explains how the domestic situation in Brazil impacts the country’s trading partners and competitors in the global LNG market.

Outlook 2013: Asian base oil demand to grow, volatility to continue

Market Outlook: High SM costs to affect PS demand in Mideast

Base oils demand is expected to grow modestly in 2013 throughout Asia Pacific though price volatility will continue to be seen on the back of buoyant feedstock gasoil and fuel oil prices, market sources said.

 



 

Shale gas boom leads US-based company to outstanding financial results

 Shale gas boom leads US-based company to outstanding financial results

For most of the major chemical and petrochemical producers, 2012 was a difficult year following an overall strong 2011.

Asia demand growth was slower from early in the year and the eurozone crisis hung over European market sentiment, demand and profitability. US economic growth was relatively weak and Latin American chemicals growth reduced.

ICIS Base oils special publication

ICIS Base oils

Global base oil markets are reviewed in the latest annual ICIS Base oils special publication, prepared for the 2013 Base Oils & Lubricants event in London on 21-22 February.

Pricing trends, base oils oversupply and technical demands on base oils are covered, along with a review of investment in new capacity.

Renewables generators could cash-in on back of wind lull

Image

Clean power projects coming to market under the UK’s renewables obligation certificate (ROC) scheme before the end of next year could receive the two-pronged bonus of higher ROC values in 2014/15, coupled with considerably higher wholesale power prices just one year later, latest figures suggest.

 



 

 



 

Colombian export uncertainty lifts ICIS December physical coal indices

Colombian export uncertainty lifts ICIS December physical coal indices

Uncertainty over Colombian coal exports in Q1 ’14 dominated the international physical coal markets in December. For the most of the month, market participants could only rely on at times opposing rumours for price direction.

Podcast – the future of the oil & gas industry

Image

Will the rise of US shale oil and gas increase energy price volatility? Will there really be a golden age of gas in Europe? ICIS Energy reporter Kate Burgess puts the big questions on the future of oil and gas to Chatham House associate fellow John Mitchell.

Market update: How did Britain's NBP natural gas hub perform in 2013?

Market update: How did Britain's NBP natural gas hub perform in 2013?

Prices at Britain’s NBP natural gas hub in 2013 were influenced by a reliance on storage reserves in the first quarter. Trading volumes continued to fall, with the far curve most affected.

Electricity Market Outlook 2013

Outlook 2013 for Electricity

Download the detailed outlook for the European electricity arena and access insights into developments for key European electricity markets

Market news: Port regulations hamper Turkish base oils trade

Market news: Port regulations hamper Turkish base oils trade

Base oils traders and distributors are becoming increasingly frustrated with the new Turkish port authority as government legislation plunges the market into confusion. Buyers are pulling back on their activities in the Black Sea as a result. 

Gas Market Outlook 2013

Outlook 2013 Gas

Download the ICIS gas market outlook and access details on key developments across the European natural gas market

Swathe of interconnection projects to drive EU power market integration

energy-interconnectors.png

Interconnections between Europe's electricity grids are becoming increasingly vital for an integrated energy market.

EU policy-makers are keen to see more grid capacity built, while grid operators are focused on security of supply with more intermittent renewable generation.

Japan's nuclear-free roadmap fails to resolve short-term uncertainty

Image

On 14 September, the Japanese prime minister unveiled a new energy strategy for Japan, calling for the phasing out of nuclear power by the end of the 2030s.

China PDH boom to bolster propane imports

Image

A boom in investments in China for propane dehydrogenation (PDH) projects to produce propylene is expected to bolster the country’s imports of feedstock propane.

Introduction to China’s carbon market

Introduction to China's Carbon Market

Chinese carbon market analyst Jian Wei Lim from carbon market analysis company ICIS has written an insightful report about China’s Cap and Trade programme. This report will bring you up to speed on China’s pilot carbon Emissions Trading Scheme (ETS), free of charge.

East Asia spot LNG analysis

Market Outlook: High SM costs to affect PS demand in Mideast

The East Asian LNG spot market experienced a second watershed year in 2012 as the region’s utility buyers sought to manage an unprecedented growth in LNG demand.

US thermal coal exports into China set to quadruple in 2012

Image

China is likely to import 4m tonnes of US thermal coal in 2012, nearly four times the 1.17m tonnes imported in 2011.

Capacity market could flatten German electricity prices

Image

Some big German utilities are backing a capacity market to solve a potential supply security problem, but sources agree it would reduce price volatility and some argue it could also lead to a flatter wholesale electricity market.

China may boost fuel exports from 2014 on refining capacity surplus

Image

China is expected to boost its gasoil and gasoline exports from 2014, because the world’s second-largest economy is likely to face an oversupply in its fast-growing refining capacities, industry sources said.

Podcast – the future of the oil & gas industry

Image

Will the rise of US shale oil and gas increase energy price volatility? Will there really be a golden age of gas in Europe? ICIS Energy reporter Kate Burgess puts the big questions on the future of oil and gas to Chatham House associate fellow John Mitchell.

 



 

Kurdish Region of Iraq: a game-changer for international gas markets?

Image

Conservatives estimates put northern Iraq’s oil reserves at 45bn barrels. There are no firm figures for natural gas reserves, but the International Energy Agency estimates that the country may sit on up to 7 trillion cubic metres of natural gas.

 



 

Q&A on EU aviation allowances

Image

The Q&A with Marie Louise Du Bois, ICIS editor of the daily carbon report, discusses the EU Emissions Trading System, reasons why the EU has included airlines in the scheme and what this change mean for airlines.

Europe blazes small-scale LNG trail

Europe blazes  small-scale LNG trail

From the multiple islands off the coast of Japan to the vast land mass across North America, there is increasing interest in the opportunities from emerging small-scale LNG supply chains.

LNG Market Analysis – East Asia

LNG East Asia Report

This expert piece of LNG Market Analysis highlights how the past year has proved to be a watershed for the traded LNG market as participants responded to the challenge presented by the natural disaster and subsequent nuclear shutdowns affecting the world’s largest LNG consumer, Japan.

Market Focus: Cheaper spot natural gas has regulators’ attention

Image

Italy and France are pushing for more spot-based pricing in regulated retail tariffs. Locked in oil-linked long-term contracts, suppliers may bear the brunt as re-negotiations with producers are tough.

Restructure plants to boost margins

Restructure plants to boost margins

With increasing supplies of gas-based petrochemical feedstocks coming on stream in the Middle East, now is a good time to consider reconfiguring refineries to boost production of chemicals for export to Asia.

Focus: Cyclical LNG ship market set for further new build orders post-2015

Market Outlook: High SM costs to affect PS demand in Mideast

Two new LNG vessels ordered last week, to take volumes from the US and Australia, underline that the appetite for more shipping persists, despite an order book that is already heavy with speculative new builds.

India’s price reform is a step in the right direction

Image

The Indian government’s decision to adopt the Rangarajan Committee’s recommendations and approve a new gas pricing formula breaks the policy paralysis, steers a course towards market deregulation.

It also goes some way in providing a policy framework to encourage upstream investment and reduce the country’s growing dependence on LNG imports.

Analysis: Spain’s path from a gas importer to an international reload hub

Analysis: Spain’s path from a gas importer to an international reload hub

In 2013 the role of Spain as a provider of LNG cargoes to the international market has become significant.

This is counterintuitive for an importing country with no domestic production, but at times when LNG producers have been unreliable, companies have turned to the Spanish gas market for supply.

Watch

European Small-Scale LNG Markets Analysis - recorded 22 July 2015

European Small-Scale LNG Markets Analysis

Gain a better understanding of the emerging small scale European LNG market, with information on the various factors driving growth, small-scale LNG infrastructure and bunker facilities, price sensitivity and regulations. 

LNG Spot Markets Analysis Webinar – Q1 2015 on 31 March 2015

LNG Spot Markets Analysis Webinar

It is an annual review of the Asian short-term LNG markets, with a thorough analysis of the procurement trends and outlook for the regional and global markets in 2015.