Summit Carbon Solutions is renewing its push to build a multistate carbon dioxide (CO2) pipeline, with its new CEO promising improved terms for Iowa landowners and a commitment to “doing things right, listening carefully and being a partner you can trust.”
Analyst Insights
Analyst Insights are unique perspectives provided by RBN analysts about energy markets developments. The Insights may cover a wide range of information, such as industry trends, fundamentals, competitive landscape, or other market rumblings. These Insights are designed to be bite-size but punchy analysis so that readers can stay abreast of the most important market changes.
By Jason Lindquist - Thursday, 8/07/2025 (2:00 pm)
Western Midstream Partners said Wednesday it will acquire Aris Water Solutions for $1.5 billion, a move it said would create a fully integrated produced-water value chain in the Delaware Basin, including long-haul transportation via its Pathfinder pipeline.
By Lisa Shidler - Thursday, 8/07/2025 (1:15 pm)
In July, ONEOK purchased an additional 30% interest in BridgeTex Pipeline Company LLC – boosting its ownership stake to 60%.
By Martin King - Thursday, 8/07/2025 (10:30 am)
Waterborne crude oil exports from the Trans Mountain Pipeline (TMP) averaged 375 Mb/d in July 2025 (rightmost stacked columns in chart below), a decline of 17 Mb/d versus June, an increase of 9 Mb/d from a year ago, and down 124 Mb/d from the peak of 498 Mb/d in March 2025 based on tanker trackin
By John Abeln - Wednesday, 8/06/2025 (3:15 pm)
Permian natural gas production has been on the upswing for most of this century, creating an ever-increasing need for capacity to take gas out of the region.
By Martin King - Wednesday, 8/06/2025 (2:45 pm)
Report Highlight: Canadian Natgas Billboard
Western Canada’s natural gas production through the first seven months of 2025 has been very robust, reaching a record for the period with an average of 19.0 Bcf/d (green column in chart below).
By Christine Groenewold - Wednesday, 8/06/2025 (1:30 pm)
Report Highlight: U.S. Propane Billboard
The EIA reported total U.S. propane/propylene inventories had a build of 1.26 MMbbl for the week ended August 1, which was less than industry expectations for an increase of 2.3 MMbbl but above the average build for the week of 1.2 MMbbl. Total U.S.
By Liz Dicken - Tuesday, 8/05/2025 (2:30 pm)
Report Highlight: Crude Voyager
Crude oil exports from the U.S.
By Christine Groenewold - Tuesday, 8/05/2025 (11:45 am)
Report Highlight: Chart Toppers
As of August 4, the USGC 3-2-1 crack spread sits around $22.70/bbl. Diesel crack led the way, peaking at $35.07/bbl on July 21 before tumbling to $26.05/bbl by August 1 and inching back up to $27.84/bbl on August 4.
By Lisa Shidler - Tuesday, 8/05/2025 (11:30 am)
Report Highlight: LNG Voyager
U.S. LNG could be setting up for a sizzling second half of the year after a record high from Plaquemines, ramped up activity at Corpus Christi, and the long-anticipated launch of Golden Pass.
By Martin King - Tuesday, 8/05/2025 (9:30 am)
Woodfibre LNG, a 2.1 MMtpa (million tonnes per annum, ~300 MMcf/d gas intake) LNG export terminal under construction near Squamish, BC (image below), may be facing a near doubling of its original construction cost estimate.
By RBN Team - Monday, 8/04/2025 (3:45 pm)
After languishing at very weak levels for the past six months, ethylene steam cracker (petchem) margins are clawing their way back to respectable territory. As shown in the right graph below, the petchem margin on ethane feedstocks is back to almost 20.0 c/lb, rebounding from 10 c/lb in May.
By John Abeln - Monday, 8/04/2025 (3:30 pm)
Report Highlight: NATGAS Permian
Natural gas production in the Permian basin averaged more than 21.5 Bcf/d in July, a new record high for the basin, and is pushing higher as August begins. Production was above 21.9 Bcf/d in the back half of the week.
By Martin King - Monday, 8/04/2025 (2:45 pm)
Report Highlight: TradeView Report
In recent months, the price differential for Western Canadian Select (WCS) and Access Western Blend (AWB), two grades of Canadian heavy crude oil that are actively traded for physical delivery to refiners and exporters in the Gulf Coast region, have held near their narrowest values in the past fi
By Jeremy Meier - Friday, 8/01/2025 (3:00 pm)
US oil and gas rig count declined by two for the first week of the new month, dropping to 540 rigs for the week ending August 1 according to Baker Hughes. One rig was added in the All Other group, while the Permian, Anadarko and Gulf of Mexico each lost one rig.
By Martin King - Friday, 8/01/2025 (2:15 pm)
On August 1, 2025, Fluor Corporation, an Irving, TX-based global engineering firm, announced that its joint venture (JV) partnership with JGC Corporation, a Japan-based global engineering firm, was awarded a contract to update the Front End Engineering and Design (FEED) for a proposed Phase 2 of
By Martin King - Friday, 8/01/2025 (1:15 pm)
For the week of August 1, Baker Hughes reported that the Western Canadian gas-directed rig count fell one to 53 (blue line and text in left hand chart below), 16 less than one year ago and the lowest for this time of year since the COVID-driven lows of 2020.
By Kristen Holmquist - Friday, 8/01/2025 (12:30 pm)
Report Highlight: U.S. Propane Billboard
The U.S. Energy Information Administration (EIA) published monthly numbers for May on August 31, and the propane numbers showed a large shift. Specifically, exports fell sharply, and storage built at a rapid clip.
By RBN Team - Thursday, 7/31/2025 (2:30 pm)
Report Highlight: LNG Voyager
Let the good times roll. It’s been a red-hot summer for natural gas infrastructure in Southwest Louisiana.
By Martin King - Thursday, 7/31/2025 (12:00 pm)
Alberta’s crude oil output in June 2025 rose a strong 0.46 MMb/d to 4.06 MMb/d (stacked columns inside dashed rectangle in chart below), 0.17 MMb/d above one year ago, and a record for June production according to data from the Alberta Energy Regulator (AER).
