Platts Company News
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Platts Receives First Transparent Bid In LNG Pricing Process
Wednesday, June 13, 2018 S&P Global Platts has received its first transparent bid for LNG in its pricing process.
Platts: May Oil Demand Edges Up in China
Thursday, June 21, 2012 China's apparent oil demand rose just 0.5 percent year on year in May to 39.72 million metric tons, a just-released Platts analysis of recent Chinese government data showed.
Platts: Oil Demand in China Edges Higher in April
Monday, May 21, 2012 China's apparent oil demand in April edged up just 0.3% year on year to 38.32 million metric tons, or an average 9.36 million barrels per day, a just-released Platts analysis of recent Chinese government data showed.
Platts: OPEC Sees Increase in March Production
Thursday, April 05, 2012 Crude oil production from the OPEC averaged 31.39 million barrels per day in March, a Platts survey of OPEC and oil industry officials and analysts showed.
Platts: China's Oil Demand Reaches Records Despite Slowing Growth
Wednesday, January 25, 2012 China's apparent oil demand in December rose 0.7% year on year to 41.02 million metric ton, or an average 9.69 million barrels per day, according to a Platts analysis.
OPEC October Output Rose to 30.05 bpd -Platts
Monday, November 07, 2011 OPEC crude oil output rose by 50,000 bpd in October to 30.05 million bpd, as recovering production in Libya offset drops in Saudi Arabia and elsewhere, a just-released Platts survey showed.
Asia Moves into Top 5 in Platts' Energy Company Rankings
Wednesday, November 02, 2011 For the first time in 10 years, an Asian company has attained one of the top five spots in Platts Top 250 Global Energy Company Rankings.
Platts: OPEC Output Drops to 30 MMbpd in Sept
Monday, October 10, 2011 OPEC oil production declined by 130,000 barrels per day (bpd) to 30 million bpd in September, due mainly to lower volumes from Saudi Arabia and sabotage-hit Nigeria, a just-released Platts survey showed.
Platts: China's Oil Demand Dips to Lowest in 10 Months
Wednesday, September 21, 2011 China's apparent oil demand was 38.02 million metric tons (mt) in August, or an average of 8.98 million barrels per day (bpd), the lowest level since October 2010, according to a Platts analysis.
Bromwich: Search for New Offshore Regulator Difficult
Tuesday, September 20, 2011 Federal regulators have had some difficulty attracting candidates for the job of enforcing safety and environmental rules on offshore O&G drillers, said Michael Bromwich.
Platts: OPEC Pumps 29.57 MMbpd in June
Friday, July 08, 2011 OPEC pumped an average 29.57 million bpd of crude oil in June, an increase of 530,000 barrels per day as Saudi Arabia, Kuwait and the UAE boosted production, according to a Platts survey.
Platts: China's Oil Demand Up 8% YOY
Wednesday, June 22, 2011 China's apparent oil demand in May reached 39.4 million mt or an average of 9.31 million bpd, which was 8% higher year on year.
Platts: OPEC Production Plunges in March
Tuesday, April 12, 2011 OPEC crude oil production output plunged by 630,000 b/d in March to average 29.17 million b/d, according to a Platts survey of OPEC and oil industry officials and analysts.
OPEC Production Jumps in February
Wednesday, March 09, 2011 OPEC crude oil production output jumped to an average 29.8 million b/d in February, as Saudi Arabia continued to boost production, according to a Platts survey.
OPEC Pumps 29.11MM bopd in August - Platts Survey
Wednesday, September 08, 2010 OPEC averaged 29.11 million barrels per day (b/d) in August, down 110,000 b/d from an estimated 29.22 million b/d in July.
Platts: OPEC Production Rises in July
Friday, August 06, 2010 Organization of the Petroleum Exporting Countries' (OPEC) crude oil production output averaged 29.22 million barrels per day (b/d) in July.
Platts: China's Oil Demand in June Hits New High
Wednesday, July 21, 2010 China's apparent oil demand in June hits yet another record high, at 36.74 million mt or about 8.98 million b/d, according to the just released Platts analysis of official data from the People's Republic of China.
Ex-Interior Secy: EPA Should Oversee Offshore Ops
Monday, June 14, 2010 Former U.S. Interior Secretary Bruce Babbitt said Sunday on Platts Energy Week that enforcement of offshore oil and gas operations should be moved from the Interior Department to EPA.
Platts: Change Merits Consideration for MMS
Tuesday, May 18, 2010 Randall Luthi, former director of the Minerals Management Service, said Sunday that "some kind of change has to be contemplated" at the agency in the wake of the Deepwater Horizon disaster in the Gulf of Mexico.
Platts: OPEC Dips to 29.21MM BOPD in April
Wednesday, May 12, 2010 Organization of the Petroleum Exporting Countries' (OPEC) crude oil production output averaged 29.21 million barrels per day (b/d) in April, 90,000 b/d lower than the 29.3 million b/d estimated for March, according to a just-released Platts survey.
Platts: China's March Oil Demand Up 12.8%
Tuesday, April 20, 2010 China's apparent oil demand in March climbed 12.8% from a year ago to 35.25 million tonnes or about 8.12 million barrels per day, but fell below the all-time high of 8.5 million b/d estimated for February.
Platts to Launch First-Ever Price Assessments of Bakken Crude
Monday, April 05, 2010 The world's first price assessments valuing crude oil produced from the Bakken Shale formation in the central U.S. will be published by Platts beginning May 3, 2010.
Platts: China's Oil Demand Tops Record High in February
Monday, March 22, 2010 "Chinese refineries are running full steam, but the country, which also boosted its refining capacity through 2009, appears to be producing far more fuel than what the domestic market is absorbing," said Vandana Hari, Asia news director at Platts.
OPEC's Oil Output on the Rise - Platts Survey
Tuesday, March 09, 2010 OPEC's crude oil production rose to 29.31 million barrels per day (b/d) in February, an increase of 60,000 (b/d) from an estimated January level of 29.25 million b/d.
Platts: OPEC's Oil Output Rises by 150,000 B/D from Dec.
Wednesday, February 10, 2010 According to a Platts survey, OPEC pumped an average 29.25 million per day in January, up 150,000 bopd from December.
Platts: OPEC Pumped 29.1MM Bopd in December
Wednesday, January 13, 2010 Excluding Iraq, the 11 OPEC members bound by production quotas pumped an average 26.61 million bopd in December, 120,000 bopd more than estimated November output of 26.49 million bopd.
Platts: China's Oil Demand for November Up by 18.7%
Monday, December 21, 2009 According to Platts, China's apparent oil demand in November soared 18.7% from a year ago as the country's economic recovery picked up momentum.
Platts Initiates ESPO Price Assessments for East-Bound Russian Oil
Thursday, December 17, 2009 Platts began publishing on a daily basis an official price assessment for the new ESPO crude oil, Russia's first petroleum flow from the Eastern Siberian Pacific Ocean pipeline targeted for Asia.
Platts: OPEC Ramps Up Crude Oil Production to 28.94MM B/D
Monday, December 14, 2009 OPEC's crude oil production rose to 28.94 million barrels per day in November, a Platts survey of OPEC and oil industry officials and analysts showed Friday.
Platts: IPAA Chief Says Obama Hinders Oil and Gas Industry
Thursday, December 10, 2009 President Barack Obama's policies on taxes, financial reform and the environment threaten to derail the oil and natural gas industry's potential to help create jobs and turn around the economy, the IPAA chairman said Thursday.
U.S. Crude Oil Production Poised for Biggest Jump Since 1970
Friday, November 27, 2009 With U.S. oil production averaging 5.268 million barrels per day through October, the gain in U.S. output will be the most since the country produced 9.637 million b/d in 1970, according to a Platts analysis of industry data.
Petrobras Ranks as Sixth Biggest Energy Company by Platts
Wednesday, November 18, 2009 Petrobras carved out the sixth spot in the top 250 Global Energy Company ranking posted by Platts, one of the leading global providers of information about energy and commodities.
Platts: OPEC's Oil Output at 28.83MM B/D in September
Friday, October 09, 2009 OPEC's crude oil production averaged 28.83 million barrels per day in September, up 40,000 b/d from August's 28.79 million b/d, a Platts survey of OPEC and oil industry sources and analysts showed October 8.
Platts Announces Finalists for Global Energy Awards
Tuesday, September 29, 2009 In announcing the 2009 finalists for its annual Platts Global Energy Awards Monday, Platts underscored the changing emphasis of global energy toward both long-term and environment-conscious supply solutions.
Platts: OPEC Bumps Up Output to 28.79MM BOPD
Tuesday, September 08, 2009 OPEC's crude oil production averaged 28.79 million barrels per day in August, up 220,000 b/d from July, as Iraq and several other producers raised volumes from the previous month.
OPEC's Oil Output Rose by 100,000 B/D from June
Friday, August 07, 2009 OPEC increased crude oil production by 100,000 barrels per day to 28.57 million barrels per day in July, according to Platts.
Platts: June OPEC Oil Output Rose by 80,000 BPD from May
Thursday, July 09, 2009 OPEC increased crude oil production by 80,000 barrels per day to 28.47 million b/d in June, according to a just-released Platts survey.
China Oil Demand Jumps for Second Consecutive Month
Thursday, June 18, 2009 China consumed 33.23 million metric tons of oil in May, up a strong 6% from the same month in 2008, a Platts analysis of official data showed June 18.
OPEC Oil Output Rose by 300,000 Barrels Per Day from April
Friday, June 12, 2009 OPEC increased crude oil production by 300,000 barrels per day to 28.39 million b/d in May, according to a new Platts survey of OPEC members, oil industry officials and analysts.
Interior Sec Salazar: Commercial Use of Oil Shale 10 Years Off
Friday, May 15, 2009 The commercial use of oil from US oil shale deposits is likely at least 10 years away and will require technological advances to get past hurdles standing in the way of its commercial use, Interior Secretary Ken Salazar said Wednesday.
OPEC's April Output Rose to 28.09MM Barrels Per Day
Tuesday, May 12, 2009 OPEC pumped an average 28.09 million barrels per day in April, the first rise in volumes since August 2008, according to a Platts survey of OPEC members.
US Federal Court Ruling May Hamper O&G Lease Bidding
Tuesday, April 28, 2009 A recent federal court decision that threw out an OCS leasing plan approved by the Bush administration will likely limit participation in the next Gulf of Mexico lease bidding in August, said Devon Energy Chairman and CEO Larry Nichols.
OPEC Oil Output Fell to 27.98MM B/D in March
Friday, April 10, 2009 OPEC pumped an average 27.98 million barrels per day in March, as the oil producer group continued its efforts to slash oversupply and prevent oil prices from falling further.
Platts Launches New Americas Crude Oil Marker for GOM Hub
Monday, March 16, 2009 Platts confirmed it will launch a major new crude oil price assessment to capture the representative value of crude oil in the U.S. Gulf of Mexico, the main hub for refining, production, importing and handling of crude oil in the United States.
OPEC February Production Down 28.07 MMbopd
Thursday, March 12, 2009 The 12 members of the Organization of the Petroleum Exporting Countries pumped an average 28.07 million barrels per day (b/d) in February, as the oil producer club continued its efforts to slash oversupply and prevent oil prices falling further.
Haynesville Shale Primed to Become World's Largest Gas Field by 2020
Wednesday, February 11, 2009 The Haynesville Shale may eventually become the world's largest producing gas field, Aubrey McClendon, CEO of Chesapeake Energy and a pioneer of the play in east Texas and northwest Louisiana, said Wednesday.
OPEC's Oil Output Dives by 930,000 B/D from December
Tuesday, February 10, 2009 OPEC pumped an average of 28.97 million barrels per day of crude oil in January, a decline of 930,000 b/d from the December level of 29.9 million b/d.
Platts Names Petrobras 'Oil and Gas Producer of the Year'
Wednesday, December 10, 2008 Petrobras was named the oil and gas producer of the year by the 2008 Platts Global Energy Awards, an award granted annually by Platts, one of the global leaders in information about energy and commodities.
OPEC's November Oil Output Fell to 31.38MM B/D
Tuesday, December 09, 2008 The 13 members of OPEC pumped an average 31.38 million barrels per day (b/d) of crude oil in November, according to a Platts survey of OPEC and oil industry officials just released.
OPEC's October Oil Output Drops to 32.26MM Barrels Per Day
Monday, November 10, 2008 According to a Platts survey of OPEC and oil industry officials, OPEC pumped an average 32.26 million barrels of crude oil per day in October, a 210,000 b/d decline from September.