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The Ursa Space News Desk

How we’re using our technology to understand current events.

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THU

14

MAR 2019
Satellites throw light on mine landslide

In the early morning of January 23, the northern wall of an open-pit copper mine collapsed in Spain.

Fortunately, no lives were lost, but the land slippage led owner First Quantum Minerals to suspend operations for a week.

When incidents occur, like this one at Cobre Las Cruces (CLC), the copper market is eager for information.

FRI

08

MAR 2019
Libya’s Sharara field resumes production

Libya’s largest oilfield came back online this week after having been shut for almost three months.

El Sharara has been at the center of an internal power struggle resulting in periodic shutdowns, most recently since December. We wrote about Sharara last month, which you can read here.

THU

07

MAR 2019
Rally overlooks rising Chinese crude inventories

Oil prices have rebounded since late December on signs that OPEC production cuts are working.

That’s the conventional wisdom. But what exactly are those signs? And could it be traders are overlooking evidence pointing the other way?

The argument for stronger fundamentals is based partly on US crude inventories.

US stocks have increased, which is typical for this time of year because refineries take units offline for scheduled maintenance.

WED

27

FEB 2019
What you missed in London this week: IP Week

In the first part of our two-blog series, highlighting the key takeaways from a week spent in London, we wrote about a roundtable discussion in which we participated hosted by the King Abdullah Petroleum Studies and Research Center (Kapsarc).

WED

27

FEB 2019
What you missed in London this week: Kapsarc

This blog is part one of a two-part series highlighting the most important things we heard during a busy week in London.

We were in town for one of the biggest events of the year on the energy calendar: International Petroleum Week 2019. The conference draws about 1,500 people over four days of panels, speeches and (of course) parties.

FRI

22

FEB 2019
Ursa in the News


Here’s a round-up of articles mentioning Ursa this week in case you missed them.

Bloomberg cited Ursa in two articles available to Terminal subscribers.

“Mexico Oil Loadings at Highest in Nearly a Year Amid Supply Cuts” (Feb 15) by Amy Stillman and Michelle Kim quoted Ursa inventory measurements.

THU

21

FEB 2019
Waiting for El Sharara to return

Draw a line 700 km south of Tripoli through the Libyan desert and you will discover something unexpected: a town replete with a massive swimming pool, airway landing strip and modern housing accommodations.

This isn’t a hidden resort. It’s the main facility for Libya’s largest oilfield called El Sharara.

The field can produce around 315,000 barrels per day.

THU

14

FEB 2019
Can Latin America replace Venezuelan exports?

Two weeks have passed since the US imposed sanctions against Venezuela’s state-owned oil company, yet the fallout remains the biggest story in the oil market.

Where will US Gulf Coast refiners find heavy sour barrels to make up for Venezuelan supply that have been a staple of their diet?

That question shows the primary concern hasn’t been over the quantity lost as much as the quality lost.

FRI

08

FEB 2019
Infographic: China Oil Storage

China's oil inventories are widely regarded as a key indicator of global demand. Utilizing this data has been challenging because until recently traders and analysts had to rely upon government sources.

In this infographic, we explain some of the ways to use Ursa's China storage data gathered from Synthetic Aperture Radar (SAR) to gain trading advantages.