Permian Midstream Companies Expand Infrastructure as Production Increases
The web of crude-related infrastructure in the Permian Basin continues to expand as West Texas regional production climbs to record levels. Several midstream companies are building out gathering...
View ArticleSeptember Soybean Processing Outlook & Outage Recap
The United States Department of Agriculture (USDA) National Agricultural Statistics Service (NASS) Fats and Oils Report with statistics related soybean processing will be released on Monday, October 3....
View ArticleColonial Pipeline Outage Causes Unseasonable Dip in Diesel Rack Activity
In the southeastern United States, No. 2 diesel rack activity recently declined following an outage on Colonial Pipeline’s Line 1 refined products pipeline earlier this month, according to Genscape...
View ArticleNuclear Outage Event Demonstrates PowerRT’s Intraday Advantage
A recent unplanned French nuclear plant outage at Golfech’s Unit 2 (1,310 MW) neatly demonstrates how the time advantage of Genscape’s PowerRT solution secures traders a head start for intraday...
View ArticleCoal Retirements Bite Back in Zone A
Since 2012, New York’s Zone A has transformed from one of the calmest zones in the state to one of today's most volatile. While there are many factors that are driving this volatility on a daily basis,...
View ArticleTexas Eastern’s Gulf Markets Expansion now In-Service, Prices Move
On October 4, 2016 Genscape noticed an increase in southbound flow on TETCO as a result of Phase One of the Gulf Markets Expansion project coming online. This project allows for an incremental 350...
View ArticleRapid Permian Rig Rebound Driven by Deep Bench of Low Breakeven Wells
As Q3 results soon rollout, with many first looks toward 2017, we are reminded of the longer term value proposition: namely that capital can be invested with returns above the marginal cost of debt....
View ArticleCushing, OK, Crude Stocks Slide as Takeaway Volumes Increase, Canadian Pipes...
During the week ending October 11, total inventories at Cushing, OK, slid to below 63 million barrels, marking the largest weekly decline in a seven-day period since September 2009, according to...
View ArticleGenscape Launches Canadian Pipeline Product
On the morning of October 11, a handful of climate activists cut the fences of valve stations and proceeded to disrupt more than 80 percent of the crude oil pipeline capacity crossing from Canada into...
View ArticleGenscape Maritime AIS Data Captures Bunkering Activity in the Port of Singapore
The Port of Singapore is the second busiest port in the world in terms of total tonnage, transporting a fifth of the world’s shipping containers and half of the world’s annual supply of crude. As such,...
View ArticleGenscape Detects Shutdown of Seaway System After Spill, Restart of Seaway Twin
Genscape observed the shutdown of the 850,000 barrel per day Seaway Pipeline system when decreased power consumption was detected at multiple pumping stations at approximately 11 p.m. (EDT) on October...
View ArticleARA Bunkering – the Ports of Amsterdam, Rotterdam & Antwerp
The Amsterdam-Rotterdam-Antwerp (ARA) set of ports make up the most important hub for maritime activity in northern Europe and form a key component of the European oil supply chain, accounting for more...
View ArticleUsing Genscape Vesseltracker Data to Investigate Ships Trading Contrary to Rules
Recent reports in the news have brought to light a few instances of ships flagged to countries that they are not associated with. On October 20, 2016, the Tanzanian news service, The Citizen, reported...
View ArticleU.S. Southeast Gasoline Rack Activity Falls During Colonial Pipeline Outage,...
Motor gasoline rack activity in the U.S. Southeast reacted to an outage on Colonial Pipeline’s 1.3 bpd million Line 1 between October 31 and November 6, with volumes declining in cities exclusively or...
View ArticleIranian Floating Storage Tankers Exit Persian Gulf
During the week ending November 11, three vessels, used for floating storage in Iran, left the Persian Gulf for destinations in India and South Korea, according to Genscape. Floating storage is often...
View ArticleVisualize Global Commodity Flows & Patterns with Density Mapping
The ability to visualize maritime activity over time is an important tool for gaining a new level of understanding of the global flows of commodities, both from a historical trend perspective and a...
View ArticleU.S. Gulf Coast Refinery Maintenance Nears Completion
U.S. Gulf Coast refinery utilization has nearly recovered from fall maintenance season with only two units left in restart mode following planned work as of November 21. The 124,500 bpd fluid catalytic...
View ArticleImportance of Terrestrial AIS Coverage: An Analysis of U.S. Inland Waterways
With two satellite partnerships and one of the largest privately-owned and operated global terrestrial antenna networks, Genscape Vesseltracker™ tracks more than 144,000 vessels around the world in...
View ArticleUnprecedented Power Market Tensions in France - Where to from Here?
The French power market is under significant pressure due to limited nuclear availability, low reservoir levels, and an unusually cold start to the winter season. Forward power prices have jumped to...
View ArticleENSO Conditions Favor the Return to More Typical Winter Conditions,...
Following Winter 2015-16's record-breaking warmth, the upcoming winter is expected to offer considerably more variability. Weak La Niña conditions should drive more sustained cold, particularly during...
View Article