- Analyst Insight
Crack Spreads Soar to Record Highs Despite Higher Crude Prices
The week's most significant fundamental development may not have been the rally in crude prices itself, but the continued expansion in refinery margins.
- Blog
Turn the Page – RBN Energy Is Now Part of Novi Labs
Launch a company built around energy market fundamentals and rock & roll song titles. Then … give it away for free. Not exactly a textbook business plan. Today we turn the page. Novi Labs has acquired RBN Energy. Today’s blog is all about the logic of this deal and what it means for our customers.
- Blog
Strange Days Indeed, Encore Edition – In a Year of Change, Market Fundamentals Are Key to Understanding What Comes Next
It’s been quite a year already, with energy markets roiled by the Iran war. To survive such swings, you need a deep understanding of market fundamentals so that you can anticipate their effects. That’s today’s subject and the focus of our upcoming School of Energy: Foundations.
- Analyst Insight
Q1 2026 Earnings Calls: Keyera Readies Iso-Octane Facility for Late May Re-Start
Keyera’s Q1 2026 report and conference call on May 14 provided updates on projects already underway, the re-start of its iso-octane facility, and some color on longer-term growth opportunities.
- Analyst Insight
Q1 2026 Earnings Calls: Enbridge's Project Backlog Continues Growing
With its Q1 2026 results release and conference call on May 8, Enbridge provided updates on its operations and projects, and added another $1 billion to its secured project backlog, which is now up to $40 billion.
- Analyst Insight
Q1 2026 Earnings Call: Expand Energy Bets Big on LNG-Related Gas Demand
Expand Energy’s Q1 2026 earnings call made one thing clear: the company is positioning itself for a long-term structural growth cycle in U.S. natural gas demand, with LNG exports sitting at the center of the strategy.
- Blog
Strange Days Indeed – In a Year of Change, Market Fundamentals Are Key to Understanding What Comes Next
It’s been quite a year already, with energy markets roiled by the Iran war. To survive such swings, you need a deep understanding of market fundamentals so that you can anticipate their effects. That’s today’s subject and the focus of our upcoming School of Energy: Foundations.
- Analyst Insight
Market Impacts of War, AI and Data Centers Dominate CERAWeek Discussions
The continuing U.S. and Israeli war against Iran and the rapid expansion of data centers and AI dominated the conversation at this year’s CERAWeek energy conference in Houston, which gathers more than 10,000 attendees from more than 80 countries.
- Analyst Insight
U.S. - Japan Trade Deal Channels Billions Into Gas-Fired Power and Offshore Crude Export Projects
President Trump announced on Tuesday, February 17, a $550 billion trade agreement between the United States and Japan, with roughly $36 billion allotted for U.S. oil, gas, and critical mineral projects.
- Analyst Insight
Microsoft Doubles Down on Data Centers
Microsoft is racing to build data centers as quickly as possible and reported on Wednesday (January 28) that it added nearly 1 gigawatt of power in the last three months of 2025. That’s enough to power nearly 800,000 homes.
