Kupe light crude oil ready to ship
Speaking on behalf of the Kupe joint venture, Origin said a tanker ship will begin loading the 120,000-180,000-barrel shipment from the Kupe gas project next week. The shipment is contracted to BP and is bound for the Kwinana Refinery in Australia.
Origin, which owns half the project, shares the joint venture with Genesis Energy, New Zealand Oil & Gas and Mitsui E&P Australia.
Since early-December 2009, the project has produced natural gas, liquefied petroleum gas (LPG) and light crude oil. It
More on Oil & refined products
A Hormuz tipping point may be days away
Agent-based model suggests delays and shortages likely to accelerate after four weeks
Energy Risk reaction: Impact of Middle East conflict on hedging and longer term risk
Energy Risk talks to Riccardo Rossi at Centrica Energy and Rob McLeod at Hartree Partners about the impact of the Iran crisis so far on firms exposed to energy
Iran strikes a stress test for CCP margin models
CME’s Span2 and Ice’s IRM2 are performing as advertised. The next few days could test their mettle
Energy Risk reaction: Venezuela and oil sanctions
Energy Risk talks to Rob McLeod at Hartree Partners about the energy risk implications of the US’s control of Venezuelan oil
Energy Risk Europe Leaders’ Network: geopolitical risk
Energy Risk’s European Leaders’ Network had its first meeting in November to discuss the risks posed to energy firms by recent geopolitical developments
US shutdown leaves commodity traders without key data
Commodity traders are ‘flying blind’ without Commitment of Traders reports
Energy Risk at 30: Learning from the past
Energy Risk looks back at the seminal events and developments that have shaped today’s energy markets
Why Iran tensions failed to rattle markets
Despite initial fears, traders say risks were signposted and investors had deleveraged after April
