Дорогие друзья! Больше трех лет я рассказываю вам об основных новостях, событиях, трендах на мировом рынке нефти и газа. Я делаю это бесплатно и без рекламы. Поэтому я прошу вас о помощи. Wognews нуждается в развитии. Вас больше 20 000 человек из более чем 80 стран мира. Если каждый пожертвует небольшую сумму денег, 500 или 1000 рублей, или больше, wognews станет лучше. Спасибо, Владимир Виноградов, основатель wognews.

Dear friends! For more than three years I've been telling you about the main news, events, trends in the world oil and gas market. I do it for free and without advertising. Therefore I ask you for help. Wognews needs development. You are more than 20 000 people from more than 80 countries. If each donate a small amount of money, $10, $20, $30 or more, wognews will become better. Thank you, Vladimir Vinogradov, the founder of wognews.
2015-01-03 21:40:00

BP: GLOBAL ENERGY TRADING

BP: GLOBAL ENERGY TRADING

The US shale boom is connecting markets and changing the way oil and gas is bought and sold, according to BP's trading unit.

Understanding one commodity in a region is no longer enough, said Carol Howle, head of global oil Europe and finance at BP Integrated Supply & Trading. Change in trade flows will come as the US turns from an importer of liquefied natural gas (LNG) to an exporter and liquefied petroleum gas (LPG) export capacity increases, she said.

"We've seen a huge amount of change, particularly in the past several years with the US market changing so much around shale, changing trade flows, changing global connectivities," Howle, 42, said in her office in London's Canary Wharf business district.

"Back when I started, we were very regional. I worked on North Sea crude and that was my market, whereas now you can't do that, it is globally connected and there are lots of interrelations."

The US shale boom, driven by advances in technology, bolstered oil and gas output, moved the country closer to energy independence and helped it overtake Russia as the world's biggest gas producer. Flexible terms of LNG exports from the US mean the fuel can be delivered anywhere globally depending on prices.

The boom also led to cheaper US coal exports to Europe, depressing the appeal of burning natural gas for electricity generation in the continent and affecting the emissions market.

With banks from Barclays to Credit Suisse Group exiting or scaling down commodity trading as regulations tighten, global energy companies, utilities and independent trading houses are competing to expand operations, adding products from LNG to LPG to their portfolios.

"We actually see the banks exiting as an opportunity for us in two areas: an opportunity to access talent and also an opportunity to see there are areas and offers that they provided that we could now take on ourselves," Howle said.

Owning Assets

Access to assets, from refineries to oil and gas fields to transportation and retail, is becoming increasingly important for traders to compete, said Howle, who has been with BP in trading and supply roles for 14 years.

BP has assets along the chain from production to retail, as well as own vessels, she said. The IST unit trades a range of products including oil, natural gas, LNG, currencies, metals and financial derivatives, according to its website.

Trading houses such as Trafigura Beheer and Gunvor Group have gained access to assets alongside global energy companies. Trafigura invests in infrastructure to enhance its physical trading activities, builds storage facilities and buys ships, according to its website. Gunvor has since 2008 invested in terminals, pipelines, refineries, mining and upstream, according to its website.

"There is a move to look at asset access and I think that will be an important advantage in the future," Howle said. "People are looking at integration, they are looking at how you can optimize margins across the whole value chain."

gasprocessingnews.com

Tags: OIL, GAS, BP, LNG, US
BP: GLOBAL ENERGY TRADING September, 20, 09:05:00

OIL PRICE: ABOVE $55 YET

BP: GLOBAL ENERGY TRADING September, 20, 09:00:00

GAS PRICES UP TO $3.146

BP: GLOBAL ENERGY TRADING September, 20, 08:55:00

ЦЕНА URALS: $51,81591

BP: GLOBAL ENERGY TRADING September, 20, 08:50:00

U.S. OIL + 79 TBD, GAS + 788 MCFD

BP: GLOBAL ENERGY TRADING September, 20, 08:45:00

RENEWABLE'S FUTURE

BP: GLOBAL ENERGY TRADING September, 20, 08:40:00

TOTAL BUYS RENEWABLE

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Chronicle:

BP: GLOBAL ENERGY TRADING
September, 20, 08:35:00

BP - AZERBAIJAN OIL DEAL

BP and its partners in Azerbaijan's giant ACG oil production complex agreed Thursday to extend the production sharing contract by 25 years to 2049 and to increase the stake of state-owned SOCAR, reducing the size of their own shares.

BP: GLOBAL ENERGY TRADING
September, 20, 08:30:00

U.S. DEFICIT UP TO $123.1 BLN

The U.S. current-account deficit increased to $123.1 billion (preliminary) in the second quarter of 2017 from $113.5 billion (revised) in the first quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit increased to 2.6 percent of current-dollar gross domestic product (GDP) from 2.4 percent in the first quarter.

BP: GLOBAL ENERGY TRADING
September, 18, 12:35:00

OIL PRICE: ABOVE $55

U.S. West Texas Intermediate (WTI) crude futures CLc1 were trading up 41 cents, or 0.8 percent, at $50.30 by 0852 GMT, near the three-month high of $50.50 it reached last Thursday. Brent crude futures LCOc1, the benchmark for oil prices outside the United States, were at $55.91 a barrel, up 29 cents, and also not far from the near five-month high of $55.99 touched on Thursday.

BP: GLOBAL ENERGY TRADING
September, 18, 12:30:00

RUSSIA - CHINA - VENEZUELA OIL

“The principal risk regarding Russian and Chinese activities in Venezuela in the near term is that they will exploit the unfolding crisis, including the effect of US sanctions, to deepen their control over Venezuela’s resources, and their [financial] leverage over the country as an anti-US political and military partner,” observed R. Evan Ellis, a senior associate in the Center for Strategic and International Studies’ Americas Program.

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