12 Apr 2024 | 15:34 UTC

Platts launches additional carbon intensity calculations, carbon offset premiums

Platts, part of S&P Global Commodity Insights, has launched monthly carbon intensity calculations and daily carbon offset premium assessments for 23 additional crude oil fields, 27 crude grades and 23 transportation routes in Latin America and North America, effective April 15.

These new values bring the list of Platts' existing carbon intensity calculations to 162 fields, increasing transparency on carbon intensities in the global crude market.

The methodology guide and a complete list of existing grades, fields, and transport routes for Platts upstream carbon intensity, midstream carbon intensity, and carbon offset premiums is available here: https://www.spglobal.com/commodityinsights/en/our-methodology/methodology-specifications/oil/carbon-intensity-assessments

The new fields and routes include:

Field Daily Carbon Intensity Premium ($/boe) Monthly Carbon Intensity (kg CO2 eq/boe) Route Daily Transport Carbon Intensity Premium ($/b) Monthly Transport Carbon Intensity (kg CO2 eq/b)
Abkatun AMGND00 AMGPA40 Mexico STS-Daesan AMGPX10 AMGQU50
Canadon Seco AMGMN00 AMGNK40 Comodoro Rivadavia-Long Beach AMGPH10 AMGQE50
Castilla (Norte Este) AMGMT00 AMGNQ40 Covenas Terminal-Jieyang AMGPN10 AMGQK50
Chuc AMGNE00 AMGPB40 Coatzacoalcos-Cartagena AMGPY10 AMGQV50
Cupiagua AMGMR00 AMGNO40 Covenas Terminal-Sikka AMGPL10 AMGQI50
Cuyabeno AMGMW00 AMGNT40 Balao-Houston AMGPQ10 AMGQN50
El Medanito AMGMM00 AMGNJ40 Bahia Blanca-Cherry Point AMGPG10 AMGQD50
Escalante AMGMO00 AMGNL40 Comodoro Rivadavia-Long Beach AMGPI10 AMGQF50
Galeota (Trintes) AMGNG00 AMGPD40 Galeota Point-Callao AMGQA10 AMGQX50
Ishpingo AMGMX00 AMGNU40 Balao-Panama Canal AMGPR10 AMGQO50
Jivino-Napo AMGMY00 AMGNV40 Balao-Panama Canal AMGPS10 AMGQP50
Jubarte AMGMP00 AMGNM40 Madre de Deus-Singapore AMGPJ10 AMGQG50
Liza 1 AMGMZ00 AMGNW40 FPSO Liza Destiny-Rotterdam AMGPT10 AMGQQ50
Liza 2 AMGNI00 AMGPF40 FPSO Liza Unity-Chiriqui Grande Terminal AMGQC10 AMGQZ50
Payara AMGNA00 AMGNX40 FPSO Prosperity-Chiriqui Grande Terminal AMGPU10 AMGQR50
Pol AMGNF00 AMGPC40 Mexico STS-Yokkaichi AMGPZ10 AMGQW50
Roncador AMGMQ00 AMGNN40 Madre de Deus-Galveston AMGPK10 AMGQH50
Rubiales AMGMS00 AMGNP40 Covenas Terminal-Jieyang AMGPM10 AMGQJ50
Santa Barbara AMGNH00 AMGPE40 Jose Terminal-Singapore AMGQB10 AMGQY50
Shushufindi-Aguarico AMGMV00 AMGNS40 Balao-Galveston AMGPP10 AMGQM50
Tsimin AMGNC00 AMGNZ40 Dos Bocas-Corpus Christi AMGPW10 AMGQT50
Varadero AMGMU00 AMGNR40 Mariel-Antwerp AMGPO10 AMGQL50
Xux AMGNB00 AMGNY40 Dos Bocas-Milazzo Anchorages AMGPV10 AMGQS50

The new grades include:

New Grades Daily Carbon Intensity Premium ($/b) Monthly Carbon Intensity (kg CO2 eq/b)
Alaskan North Slope AMGRA00 AMGRH40
Bakken AMGRC00 AMGRJ40
Canadon Seco AMGLB00 AMGLU40
Castilla Blend AMGLH00 AMGLH40
Cuban Heavy AMGLI00 AMGMB40
Eagle Ford AMGRB00 AMGRI40
Escalante AMGLC00 AMGLV40
Galeota Mix AMGLR00 AMGMK40
Istmo AMGLP00 AMGMI40
Jubarte AMGLD00 AMGLW40
Liza AMGLL00 AMGME40
Maya AMGLQ00 AMGMJ40
Medanito AMGLA00 AMGLT40
Merey 16 AMGLS00 AMGML40
Mixed Sweet Blend AMGRG00 AMGRN40
Napo AMGLK00 AMGMD40
Olmeca AMGLO00 AMGMH40
Oriente AMGLJ00 AMGMC40
Payara AMGLM00 AMGMF40
Roncador Heavy AMGLE00 AMGLX40
Rubiales AMGLG00 AMGLZ40
Tupi AMGRY00 AMGLI40
Unity Gold AMGLN00 AMGMG40
Vasconia AMGLF00 AMGLY40
West Texas Intermediate (Cushing) AMGRE00 AMGRL40
West Texas Intermediate (MEH) AMGRD00 AMGRK40
Wyoming Sweet AMGRF00 AMGRM40

The carbon intensity measures and associated carbon costs are published in the following locations: Platts Dimensions Pro/Platts Connect and Crude Oil Marketwire.

Please send any feedback to Platts_Carbon@spglobal.com andpricegroup@spglobal.com.

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