S&P Global Makes Significant Updates to Energy Assessments and Methodology

S&P Global announced several updates to its energy assessments and methodology, impacting various regions and fuel types. The company is spinning off its mobility business, as well as making changes to its methodology for previous year I-RECs assessments in Singapore, India, and Mexico. New assessments were launched for several types of fuel and commodities, including jet fuel in West Africa, biomethane in Europe, and USAC-based Colonial Pipeline Line 3 Space assessments for distillates and gasoline in the US.

S&P Global is set to spin off its mobility business in the summer, as reported on June 1.

The company made several significant updates to its energy assessments and methodology on the same day.

In the energy space, S&P Global launched a new jet fuel FOB West Africa assessment. The company also introduced a carbon-intensity basket assessment for biomethane GOs in Europe.

In another update, the methodology for previous year I-REC assessments in Singapore, India, and Mexico was changed.

Moreover, Platts launched new USAC-based Colonial Pipeline Line 3 Space assessments for distillates and gasoline in the US. The launch also included an assessment for the quality premiums for July-loading North Sea crude cargoes.

Further, a CIF East Med basis Egypt 12.5% Wheat assessment was initiated, and a report detailing nitrogen market data was published.

While these changes are significant, more details about the spin-off and the implications for investors should be sought from the company directly.

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