ESAI Energy

Increased LPG production outside the US and Canada will help satisfy Asia's growing import requirement in the run-up to winter, according to ESAI Energy's newly published Global NGL Outlook.

ESAI Energy's recent North America Watch reports that while some rigs are starting to return to the shale patch, there will not be enough new drilling to offset decline in the coming months.

As oil prices stabilize above $30 for WCS and $40 for WTI, production that was curtailed in April and May in response to the COVID-19 price crash is returning in both the Canadian Oil Sands and in the US Shale basins.

Pipeline projects in the US that were slated for start-up in 2021 are facing huge challenges from an uncertain demand outlook, lengthy court battles and regulatory review.

After Russia flooded the global middle distillate market in the second quarter, Russia's surplus will recede to more typical levels, according to ESAI Energy's recently published CIS Watch.

In the second half of 2020, China's oil demand is forecast to be 120,000 b/d lower year-on-year, or 14.1 million b/d, according to ESAI Energy's newly released China Watch report. The recovery of oil demand is more gradual than recent data suggest.

As a price-elastic source of supply, US shale production will respond relatively quickly to the steep drop in oil prices. Already US E&Ps are reporting further reductions to their 2020 spending guidance and cutting back on planned drilling activity.

ESAI Energy Introduces "Green Energy Trends" ESAI Energy introduces its new publication, Green Energy Trends, that will build on and replace their Global Biofuels report.

IMO 2020 leads to important changes in the bunker, fuel oil, and refining sectors in China that could bring about tax changes as China eyes new opportunity

Expert Analysis on Growing Liquefied Natural Gas (LNG) Market