Energy Correspondent, London
Claire's Feed
Mar 13, 2014

April North Sea daily oil output to fall 1.9 pct

LONDON, March 13 (Reuters) – North Sea daily oil output
tracked by Reuters is set to fall by almost 2 percent in April
from March, but traders said this probably would not be enough
to support prices as many refineries will be in maintenance.

Output from 12 of the main British and Norwegian crude
streams will average 1.962 million barrels per day (bpd) in
April, down from a revised 2 million bpd in March.

Mar 4, 2014

New fuel rules for ships could prompt gasoil price spike

LONDON, March 4 (Reuters) – New fuel rules for ships
entering low sulphur zones around northwest Europe and North
America next year could trigger a price spike in European
gasoil, whilst refiners will struggle to offload unwanted fuel
oil.

From January 2015, ships entering “Emission Control Areas”
(ECAs) in the Baltic, North Sea and English Channel and around
the North American coast, will have to switch from low sulphur
fuel oil (LSFO) with 1 percent sulphur content to 0.1 percent
gasoil, in a crackdown on marine pollution.

Feb 19, 2014

Musician Emily Barker on creating soundscapes for film

By Claire Milhench

(Reuters) – Emily Barker’s yearning, elegiac music will be familiar to viewers of BBC TV’s “Wallander” and “The Shadow Line” as her songs “Nostalgia” and “Pause” were used for the theme tunes.

Now the 33-year-old Australian singer-songwriter is branching out into film scores, composing music for a Peter Mullan-starring British road movie about a homeless man called Hector, due for release later this year.

Feb 18, 2014

A Minute With-Musician Emily Barker on creating soundscapes for film

LONDON, Feb 18 (Reuters) – Emily Barker’s yearning, elegiac
music will be familiar to viewers of BBC TV’s “Wallander” and
“The Shadow Line” as her songs “Nostalgia” and “Pause” were used
for the theme tunes.

Now the 33-year-old Australian singer-songwriter is
branching out into film scores, composing music for a Peter
Mullan-starring British road movie about a homeless man called
Hector, due for release later this year.

Feb 14, 2014

UK to get hands-on in quest for remaining North Sea oil

LONDON, Feb 14 (Reuters) – Britain is likely to have to
ditch its hands-off approach to the oil industry for a mix of
regulation, tax breaks and investment if it is to reap the
benefits of the billions of barrels of hard-to-extract oil
remaining under the North Sea.

Changing the way an industry has worked for decades will be
no easy feat. It could involve costly legal disputes over
existing contracts, and a long-term commitment from a government
focused on the short-term goal of cutting its deficit.

Feb 12, 2014

March North Sea daily oil output to fall 7 pct

LONDON, Feb 12 (Reuters) – North Sea daily oil output
tracked by Reuters is set to fall by 7 percent in March from
February, but traders said this probably would not be enough to
balance the market as refiners head into seasonal maintenance.

Output from 12 of the main British and Norwegian crude
streams will average 1.902 million barrels per day (bpd) in
March, down from a revised 2.046 million bpd in February.

Feb 11, 2014

Emerging market turmoil keeps pressure on commodity ETPs: BlackRock

LONDON (Reuters) – Emerging markets turmoil drove investors away from commodity exchange traded products (ETPs) in January due to concerns about demand growth, but gold outflows slowed as its safe haven status was revived.

Some $1.7 billion was withdrawn from commodity ETPs in January global data from BlackRock, the world’s biggest asset manager, showed. ETPs, whose value is linked to moves in their underlying assets, offer an easy route into commodities and allow asset managers to make quick, tactical shifts.

Jan 30, 2014

Coal becomes commods’ first victim of emerging-market woes

LONDON, Jan 30 (Reuters) – The rout in emerging markets is starting to spill
into commodities, with coal prices tumbling as much as 10 percent this month as
utilities in developing economies slash orders.

Commodity price developments often go hand in hand with growth in emerging
economies, which consume more energy as their wealth rises.

Jan 27, 2014

Brent slips over emerging market demand fears

LONDON, Jan 27 (Reuters) – Brent oil futures eased towards
$107 a barrel on Monday as investors dumped risky assets over
worries about weaker emerging market economies, but U.S. crude
held up due to a spell of cold weather.

The U.S. Federal Reserve is widely expected to cut its
bond-buying by another $10 billion at its regular two-day policy
meeting starting on Tuesday, with knock-on effects for emerging
market liquidity. Tighter credit conditions in
China are also raising fears of a slowdown.

Jan 15, 2014

Commodity funds face uphill struggle after dire 2013

LONDON, Jan 15 (Reuters) – Commodity fund managers face an
uphill struggle persuading investors to return to the unloved
sector after an abject year in which just two actively managed
funds in the 122-strong Lipper Global Commodity group made
money.

Although a pick-up in economic growth is expected to boost
demand this year, some commodities will remain hobbled by
oversupply, making 2014 a crunch year for managers who need to
convince investors the asset class can deliver.

    • About Claire

      "At Reuters I am an energy correspondent covering the oil markets and investment trends in commodities. Prior to this I focused on the asset management industry. Before joining Reuters I edited Global Investor, a monthly magazine for the institutional investment industry, and Portfolio International, a magazine for the offshore funds industry."
      Joined Reuters:
      2006
      Languages:
      English
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