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WPC 2023: BASF CEO says continued China recovery needed to counter global petchems demand slump

The recovery of China's economy is the only major bright spot visible for 2023, according to Martin Brudermüller, BASF's chairman and CEO. "I see only one positive spark as we look forward this year, and that is China coming back," Brudermüller said ...

News And Insight

WPC 2023: BASF CEO says continued China recovery needed to counter global petchems demand slump

Energy, Energy Transition, Petrochemicals

ROAD TO COP28: Global stocktake, fossil fuels phase out to dominate climate talks

Finalizing the world's first global stocktake of climate actions, committing to the phase-out of unabated fossils and setting up more ambitious Nationally Determined Contributions (NDCs) are set to dominate discussions at this year's COP28 UN Climate...

News And Insight

ROAD TO COP28: Global stocktake, fossil fuels phase out to dominate climate talks

Energy, Energy Transition

More bio-, hydrogen-based marine fuels required for net-zero emissions: Shell

The shipping industry will need to significantly increase its uptake of bio- and hydrogen-based marine fuels by 2040 to help the world achieve net-zero emissions by midcentury, Shell said in its energy security scenarios report. In the report publish...

News And Insight

More bio-, hydrogen-based marine fuels required for net-zero emissions: Shell

Energy, Energy Transition, Hydrogen

S&P Global Commodity Insights Weekly ET News Highlights – March 20, 2023

Carbon-negative biohydrogen still in need of policy support Build-in-Europe clean tech act proposed in response to IRA China relaxes compliance carbon market rules for coal plants Clean hydrogen is gaining momentum in the US market thanks to generous...

News And Insight

S&P Global Commodity Insights Weekly ET News Highlights – March 20, 2023

Energy, Energy Transition

Back in action: European mills restart idled blast furnaces on higher flat steel prices

Domestic coil prices rapidly rose in March 2022 due to panic buying triggered by Russia's attack on Ukraine on February 24. The market originally anticipated that the geopolitical tension would cut availability of steel and might result in shortage. ...

News And Insight

Back in action: European mills restart idled blast furnaces on higher flat steel prices

Metals

S&P Global Commodity Insights Weekly ET News Highlights – March 13, 2023

Clean hydrogen was CERAWeek’s hottest commodity this year Shell admits climate, energy transition threat to business Japan commits $1.58 billion to Australia’s HESC clean hydrogen project Stakeholders from across the global energy industry gathered i...

News And Insight

S&P Global Commodity Insights Weekly ET News Highlights – March 13, 2023

Energy, Energy Transition

S&P Global Commodity Insights Weekly ET News Highlights – March 6, 2023

IE Week: industry leaders clash over H2, CCS, renewables Asian nations establish 'practical' carbon neutrality alliance Nel grows in US while others struggle in nascent H2 market International Energy Week returned to London in late February, with BP ...

News And Insight

S&P Global Commodity Insights Weekly ET News Highlights – March 6, 2023

Energy, Energy Transition

Infographic: Global wheat supply rebounds in 2023 after disruptive year

After a year of chaotic trade flows in the wheat market, global supplies are likely to normalize in 2023. According to the US Department of Agriculture, global wheat output is seen rising slightly to 783.8 million mt in marketing year 2022-23 (July-J...

News And Insight

Infographic: Global wheat supply rebounds in 2023 after disruptive year

Agriculture, Grains

S&P Global Commodity Insights Weekly ET News Highlights – February 27, 2023

US offshore wind heats up India defines carbon credits for cross-border trade EU carbon prices break Eur100/mt The US Department of Interior proposed the first-ever offshore wind power lease sale in the Gulf of Mexico Feb. 22, an early step in the pr...

News And Insight

S&P Global Commodity Insights Weekly ET News Highlights – February 27, 2023

Energy, Energy Transition

Infographic: Developing economies hit hardest by EU’s carbon border tax

The EU’s Carbon Border Adjustment Mechanism is set to have far-reaching impacts on world trade and the wider energy transition. Phasing in from 2026, CBAM will levy a carbon tax on imports of selected energy intensive materials and products into the ...

News And Insight

Infographic: Developing economies hit hardest by EU’s carbon border tax

Agriculture, Energy, Electric Power, Energy Transition, Emissions, Carbon, Metals, Petrochemicals

Infographic: Freeport LNG's return shows impact of US supply on global gas market

The absence of Freeport LNG exports from June 2022 to February 2023 was a major event in the history of US natural gas exports that demonstrated the growing connection between US supply and global gas markets. Click here for the full-sized infographi...

News And Insight

Infographic: Freeport LNG's return shows impact of US supply on global gas market

Energy, Natural Gas, LNG

Interactive: Platts Periodic Table of Oil - 5th edition sees new design, carbon intensity data

Russia’s war in Ukraine has impacted every corner of the oil market. With redirected oil flows, supply disruption and a market increasingly under pressure from energy security concerns and demand destruction, the quality of oil has never been more im...

News And Insight

Interactive: Platts Periodic Table of Oil - 5th edition sees new design, carbon intensity data

Energy, Oil, Crude Oil

FACTBOX: One year of Ukraine war prompts sweeping shifts in Asian oil flows

From OPEC's market share in India's imports falling to a decade low to China's appetite for Russian crude posting double-digit growth, one year of conflict between Russia and Ukraine has dramatically altered Asia's oil flow map. As Moscow witnessed s...

News And Insight

FACTBOX: One year of Ukraine war prompts sweeping shifts in Asian oil flows

Energy, Oil, Crude Oil, Shipping

Platts launches crop and manure European biomethane GO assessments

Platts, part of S&P Global Commodity Insights, Feb. 20 launched daily assessments for crop feedstock biomethane guarantees of origin (GOs) in the UK, and for manure feedstock biomethane GOs in Denmark and the Netherlands. The new daily assessments ar...

News And Insight

Platts launches crop and manure European biomethane GO assessments

Agriculture

Platts launches Parboiled Rice 5% STX CFR West Africa assessment

Platts, part of S&P Global Commodity Insights, has decided to launch a new daily assessment for Parboiled Rice 5% STX on a CFR West Africa basis, effective Feb. 20. Platts decided to launch a CFR West Africa parboiled rice assessment Jan. 9, followin...

News And Insight

Platts launches Parboiled Rice 5% STX CFR West Africa assessment

Agriculture, Grains, Rice