Infographic: East Mediterranean Energy Landscape

Read more


Is the oil, gas patch M&A hot streak here to stay?

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)

Platts Conventional Energy IndicesBETA

Click below for free access to the Platts Conventional Energy Indices Assessments. Already a member of Platts LIVE? You can access via your existing log in details


Interactive: Platts Renewable Energy Price Explorer

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 ci.support@spglobal.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.