According to S&P Global Market Intelligence data, oil and gas deals topped $271 billion in value in 2023, more than doubling the value of deals made in 2022.Bruce On, EY’s energy strategy and transactions leader, joined the podcast to discuss this wave of consolidation, whether it will continue and just how the oil sector is managing to pull off these deals in uncertain economic times. He also gave his take on how the surge in dealmaking will play out and the role politics could play as the US gears up for a major election.Stick around for Binish Azhar with the Market Minute, a look at near-term oil market drivers.Related content:APA to boost Permian oil and gas holdings with $4.5 bil purchase of Callon Petroleum (subscriber content)Occidental Petroleum to buy CrownRock for $12 billion, beefing up Midland Basin presence (subscriber content)Chevron buys Hess in $53 billion Guyana, US shale expansion (subscriber content)ExxonMobil buys shale giant Pioneer Natural Resources in major resource boost (subscriber content)
Listen now as Heather Jones and Richard Frey from the Center of Emissions Excellence at S&P Global Commodity Insights discuss the main sources of emissions in the natural gas supply chain from pre-production, to gas processing, to liquefaction.
In this Methane 101 class, we’ll discuss the basics of this colorless, odorless gas, exploring its sources, its role in climate change, and the crucial ways it intersects with human activities.From the vast landscapes of natural sources to the impact of our daily practices, methane is a key player in the grand narrative of our planet’s health. We’ll go through an overview of the complex web of methane emissions, examining how industries, energy, agriculture, and waste management contribute to its presence in our atmosphere as well as ongoing solutions and strategies aimed at mitigating methane’s impact on our climate.Watch Emmanuel Corral, Senior Emissions Analyst, at the Center of Emissions Excellence, S&P Global Commodity Insights explain Methane 101!
How do geopolitical risks affect energy prices, and what security flashpoints have emerged across the world recently? This analysis shows how diversity of supply, higher levels of global spare capacity and the expansion of strategic fuel reserves have helped insulate markets from the risk of supply disruptions due to war, sanctions, climate change and unrest. LAUNCH REPORT
The rise in demand to incorporate GHG emissions in business decisions has led to a proliferation of estimates and claims. The issues of inconsistency impacting the comparability of corporate emissions data are well documented. Data quality, however, is another way estimates can vary. Issues associated with data quality are not new, but users of these data need to understand the sources of inconsistency between estimates.Join Kevin BirnVice President and Heather JonesEmissions Technical LeadS & P Global Commodity Insights, as they discuss data quality issues and why the Data Quality Metric is important for the market to action on carbon related information.
Market values of European wind generation rebounded in January after falling to multi-year lows in December as wind output dipped in some markets like Spain, Platts Renewable Energy Price Explorer shows.Volume-weighted average prices for German onshore wind recovered 41% month-on-month after falling to the lowest since May 2021.The Explorer shows the "capture price" renewable energy generators receive based on hourly output and pricing data on a monthly basis.As such capture prices take account of the cannibalization effect caused by Europe's growing fleet of solar and wind farms and are a more accurate reflection of value than average day-ahead wholesale power prices.Solar capture prices in Spain were lowest across the twelve European capture price assessments by Platts for S&P Global Commodity Insights.Only German onshore wind had a lower capture rate at 85% compared to 88% for Spanish solar.Daily capture prices for UK offshore wind ranged from GBP40/MWh to GBP93/MWh, while the capture rate remained relatively stable around 94%.Overall, January wind generation across Europe’s big five markets tracked by Platts’ assessments fell 2% on year to 41 TWh, while solar output was up 23% on year at 6 TWh.For further information, see methodology or contact email@example.comThe dial chart shows monthly wind, solar, nuclear, gas and coal-fired generation across Europe's five biggest power markets. Click a segment for more detail.