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US liquefaction capacity additions are poised to flatline in 2023, supporting softer domestic prices and allowing storage levels to refill as the largest driver of US gas demand growth starts to stall until the next wave of LNG export facilities is constructed. The lack of new liquefaction capacity coming online in the US in 2023, […]

Battery storage players in Europe are experiencing both the best of times and the worst of times. The ongoing volatility in the European power market makes the case for grid-scale batteries like never before, but persistent supply constraints and the sky-high cost of key materials — including lithium — continue to paint a challenging picture

Asian LNG markets will grapple with another year of uncertainty in 2023 as both supply and demand fundamentals are impacted by a range of macroeconomic, geopolitical and weather-related factors, according to economists, analysts and traders. At the macro level, rising interest rates and efforts by central banks to control inflation will directly impact economic growth

TC Energy has returned to full service its Keystone Pipeline System with a controlled restart of the Cushing, Oklahoma extension and crude is being made available to all delivery points in the US Midwest and the Gulf Coast, the operator said Dec. 29. “After completing repairs, inspections and testing we proceeded with a controlled restart

Indian cookstove credits were falling at a sharper rate than African equivalents amid stronger demand for projects in UN-designated least developed countries or LDCs, market sources said Dec. 29. Offers for African credits were currently being heard at around $10-$11/mtCO2e for non-LDC countries and $11-$12/mtCO2e for LDC countries, down around 50 cents-$1/mtCO2e from September-October levels,

As the supply of Class II nickel — containing less than 99.8% nickel — continues to grow at a rapid pace, particularly in the battery sector where intermediates like mixed hydroxide precipitate, or MHP and nickel matte are gaining dominance, consumers are increasingly resistant toward paying higher prices, especially with a slowdown in the Chinese

Bleak global macroeconomic indicators, coupled with uncertainty in the Chinese real estate sector, are expected to keep the dry bulk freight market subdued to an extent in 2023, while the ship supply side remains contracted, according to shipping market participants. Most freight market watchers while speaking to S&P Global Commodity Insights said that they hold

North Dakota has restored some of the oil output that was curtailed during the recent blizzard and freeze-offs, but an estimated 40% of production remains down, an official state source said Dec. 27. Oil production in North Dakota is estimated to be 650,000-700,000 b/d as of Dec. 27. Using 1.12 million b/d as the baseline,

Polypropylene is expected to welcome fresh additional supplies in 2023, which would contribute to rising price competitiveness between regions, as producers vie for global market share. Upstream propylene will likely be bogged down by lackluster and weak downstream margins, further highlighting the theme of feedstock cost advantages amid the current high oil price scenario. China

Japan signed two sets of cooperation agreements with Saudi Arabia on Dec. 25 in the fields of hydrogen, fuel ammonia and carbon recycling, strengthening the current relationship primarily based on buyer and supplier of crude oil. The cooperation agreements were the latest in Japan’s efforts to develop its large-scale supply chains of hydrogen and fuel