Major Chinese Expansion for Genscape Vesseltracker’s AIS Antenna Network
Over the last two months, Genscape Vesseltracker has added more than 100 new AIS antenna locations across China, covering major ports, coastal traffic areas, and inland waterways throughout the...
View ArticleGenscape's March 2017 NOPA National Soybean Crush Estimate
Genscape's estimate was right in line with the National Oilseed Processors Association's (NOPA) March 2017 crush number. NOPA's crush came in at 153.1 million bushels, while Genscape reported 152.1...
View ArticleUSGC Crude Storage Update: Fairway Houston Caverns
Genscape began monitoring crude inventories at Fairway Energy Partners’ newly developed cavern storage facility at Pierce Junction in Houston, TX, on the April 21 report date. The facility is currently...
View ArticleU.S. Crude Exports Reach Record High
Waterborne exports of crude from the United States increased 5.662mn barrels (bbls) to reach a record high of 9.025mn bbls (1.289mn bpd), for the week ending April 21, 2017, according to Genscape’s...
View ArticleIs Capacity Market Participation Still Viable For Intermittent Resources...
PJM established its Capacity Market in 2007 to ensure long-term electric grid reliability by providing an additional revenue stream for generators that are available to meet future peak energy demand....
View ArticleNorth Dakota Crude-by-Rail Loadings Plummet with DAPL Startup Imminent
Crude-by-rail loadings in North Dakota kicked off May with volumes at their lowest point since 2012, as the market prepares for the upcoming startup of Energy Transfer Partners’ 470,000 bpd Dakota...
View ArticleGenscape Estimates NOPA Crush for April 2017 at 141.9 Million Bushels
On May 8, Genscape estimated that the National Oilseed Processors Association (NOPA) members crushed 141.9 million bushels during April 2017, down from 153.1 million bushels in March 2017. This is also...
View ArticleGenscape Expands PeakAlerts™ to Ontario and Mexico Markets
The season’s first heat wave is rolling across the Northeast this week, breaking temperature records and serving as a reminder to energy managers that another peak demand season is upon us. For the...
View ArticleU.S. LNG to China, A Balance of Trade
U.S. LNG to China a Balance of Trade The U.S. China Summit ended on a positive note for U.S. LNG exports. While China runs a massive trade import deficit with the U.S., the country has signed major...
View ArticleMaintenance, Unplanned Outages Lead to PADD 5 Refinery Lows Ahead of Gasoline...
Utilization of PADD 5 light products processing capacity has trended downward in Q2 2017 as refiners perform planned maintenance ahead of the summer gasoline demand season, Genscape data shows....
View ArticleU.S. Strategic Petroleum Reserve Drawdowns Continue Following Q1 Sales
Between 2017 and 2025, U.S. Strategic Petroleum Reserve sales are expected to liquidate 190 million (mn) barrels (bbls) from storage caverns, leaving U.S. stocks just above 500mn bbls. In late January,...
View ArticleNever Fear, Retail M&A is Here
In the face of regulatory upheaval, margin pressures, and the challenges of a limited number of markets, retail M&A has been robust this year including attractive valuations for sellers and cost...
View ArticleU.S. Memorial Day Gasoline Demand Falls Year-On-Year During The Week Ending...
The U.S. summer driving season got off to a slow start during the week ending June 2, as U.S. Memorial Day holiday gasoline demand fell significantly relative to demand during the previous week and the...
View ArticleHow to Approach Your Job Search: Tips and Suggestions from the Genscape...
Starting a job search can be a daunting task for anyone. What can sometimes be overlooked are the steps that you should take before beginning your job search. Rethink hitting the ‘Quick Apply’ button...
View ArticleLNG Market Emerging, Genscape Data Provides Global Picture
On June 6, The Wall Street Journal published a front-page article on the new global market for natural gas. The lede anecdote referenced the Rioja Knutsen, a Spanish-flagged LNG tanker (IMO: 9721736),...
View ArticleQatar Sanctions to Prove Immaterial to LNG Markets
In the short run, Saudi, Emirati, and Egyptian sanctions are posing an inconvenience for the global liquefied natural gas (LNG) trade. Qatar the world’s largest LNG exporter, has tried to remain...
View ArticleGenscape Vesseltracker™ Continues AIS Antenna Network Expansion in U.S. Gulf...
In recent months, Genscape Vesseltracker has continued expanding its AIS antenna network in key locations in the Gulf of Mexico (the Galveston Offshore Lightering Area) and Asia (Taiwan and the...
View ArticlePhillips 66 Completes Largest Turnaround in Billings Refinery History
The Phillips 66 Billings oil refinery is back online following the largest turnaround in the refinery's history. The planned work began in mid-April 2017 with a staggered shutdown of all monitored...
View ArticleEnterprise Midland-to-Sealy Pipeline Progressing, But Could Face Significant...
Enterprise’s Midland-to-Sealy pipeline, which was slated to come online by Q4 2017, may not be completed on time. In aerial imagery collected June 9, Genscape observed construction delays on nearly 25...
View ArticleMexico Refinery Fire Boosts U.S., European, and even Asian Motor Gasoline...
On the evening of June 12, 2017, Tropical Storm Calvin made landfall on Mexico’s southern Pacific coast, causing widespread damage and leading to flooding and leaks from storage tanks at the Salina...
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