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following news items are a selection of the top,
most recent headlines posted on
Platts.com.
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| EUROPE,
MIDDLE EAST & AFRICA |
Europe-Nigeria clean freight rates remain soft on poor demand
London (Platts Clean Tankerwire)
Clean freight rates for voyages from Europe to Nigeria continue to languish on poor demand for gasoline fixtures and despite the movement of gasoil along the route, according to market sources this week. Go
to story...
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Global crude futures recover on rebounding equities, soft dollar
London (Platts Forward Curve Oil)
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| ASIA-PACIFIC |
UK's Cairn reports $367 mil net profit for 2008, down 76% on year
Singapore (Platts Oilgram News)
UK-based Cairn Energy Tuesday reported $367 million net profit for 2008, down 76.4% from the previous year's restated profit of $1.56 billion. Go
to story...
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| AMERICAS |
Alaska proposes tit-for-tat oil and fuel tax on Washington state
Juneau (Platts Oilgram News)
Alaska's Speaker Mike Chenault and 26 co-sponsors, comprising a majority of the 40-member state House of Representatives, filed a bill Monday imposing a $15.75/barrel surcharge on crude oil delivered to any state that taxes fuel delivered to Alaska. Go
to story...
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| EUROPE,
MIDDLE EAST & AFRICA |
French Areva to supply wind turbines to German offshore project
London (Platts Renewable Energy Report)
The renewables arm of French nuclear group Areva is to supply 80 wind turbines to the 400 MW Global Tech 1 offshore wind farm in the German North Sea, the company said Tuesday. Go
to story...
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| AMERICAS |
Pioneer Transmission line wins ROE adders, other incentives
Washington (Platts Electric Power Daily)
The US Federal Energy Regulatory Commission on Friday approved a package of rates incentives for a 765 kV transmission line to link PJM Interconnection and Midwest Independent Transmission System Operator. Commissioner Suedeen Kelly dissented in part, with a statement to be issued later. Go
to story...
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| EUROPE,
MIDDLE EAST & AFRICA |
This year and next critical for many LNG projects: IEA analyst
Barcelona (Platts LNG Daily)
This year and next year will see critical decisions being made on many of the world's LNG terminals, but these terminals will not help mitigate against security of supply problems, said Hiroshi Hashimoto, natural gas analyst at the International Energy Agency, Tuesday. Go
to story...
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| AMERICAS |
Constellation completes divestiture gas trading operation
Washington (Platts Gas Daily)
Constellation Energy on Monday said it has completed the divestiture of its downstream natural gas trading operation in Houston, along with most of its London-based coal, freight and international commodities business. Go
to story...
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| NATURAL GAS
RESOURCES |
Thierry Bros, Societe Generale, discusses the European gas market 
London
(Gas Spotlight Podcast)
Thierry Bros, Senior Financial Analyst, Societe Generale, discusses whether a fall in gas prices will likely drive gas demand for power generation in Europe; the possibility of Russia taking hold of a further share of the EU gas market; and the implications of the recent Ukraine - Russia gas dispute on European security of supply. Listen now...
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| AMERICAS |
US senator to introduce mercury, NOx, SO2 emissions bill: aide
Washington (Platts Emissions Daily)
US Senator Tom Carper plans to introduce a bill in the coming months that would regulate mercury, nitrogen oxides and sulfur dioxide emissions from coal-fired power plants, an aide said Monday. Go
to story...
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| EUROPE,
MIDDLE EAST & AFRICA |
UK nuclear decommissioning, waste watchdog board announced
London (Platts Power in Europe)
The UK government Tuesday announced board members of a watchdog created to oversee new nuclear decommissioning and waste disposal funding arrangements. Go
to story...
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| NUCLEAR
RESOURCES |
Sellers appear resigned to wait for uranium price uplift
Washington (Platts.com web news feature)
 Uranium sellers appear resigned to watch the spot market price continue to drift downward for at least the next several weeks.
"I don't see any reason that the slide won't continue. Right now I don't know what it will take for the price to go up," said one uranium seller.
Read the full story...
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| EUROPE,
MIDDLE EAST & AFRICA |
Germany's Oiltanking to complete Oman chemical storage mid-2009
Dubai (Platts Europe & Americas Petrochemical Scan)
Germany's Oiltanking Odfjell Terminals & Co. is expected to complete the last phase of its 304,000 cubic meters liquid chemicals tank storage in Oman by middle of this year, CEO Gerard Reumer told Platts, Monday. Go
to story...
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| ASIA-PACIFIC |
China's methanol imports surge to record 591,222 mt in February
Tokyo (Platts Asian Petrochemical Scan)
China's imports of methanol surged to 591,222 mt in February, according to latest statistics from Chinese Customs. Go
to story...
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| ASIA-PACIFIC |
Chinalco confident of proposed investment in Rio Tinto: president
Hong Kong (Platts Metals Week)
Aluminum Corporation of China, also known as Chinalco, remains committed to the proposed $19.5 billion investment in Anglo-Australian miner Rio Tinto, Xiong Weiping, president of Chinalco, said Tuesday. The bid is still awaiting approval from Australia's Foreign Investment Review Board. Go
to story...
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| AMERICAS |
US aluminum scrap export prices rise on Chinese hunger
Washington (Platts Metals Week)
US aluminum scrap export prices have risen -- in some case 5-10 cents/lb over domestic prices on secondary grades -- and as scrap demand from China has soared over the past few months, this has tightened US supply. Go
to story...
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| METALS
RESOURCES |
What's moving the metals markets?
London (Platts Metals Week)
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