RBN’s Daily Energy Blog and Insights sharpen your energy IQ through fundamentals-based analysis that makes sense of North America’s energy market dynamics.
Dangote eyes a massive expansion but still struggles to reach capacity. Dos Bocas faces steeper hurdles. New refineries worldwide keep hitting the wall as bold plans collide with tough execution.
South Bow has achieved mechanical completion of its Blackrod Connection Project and placed the project’s 25-km (15.5-mile), 16-inch natural gas lateral into commercial service, the company said during its quarterly earnings call November 14.
The Crude Voyager is a weekly analysis of U.S. Gulf Coast loading activity that explains the ebbs and flows of crude loadings, destinations, and geopolitical issues impacting U.S. exports. It outlines the major paths for laden tankers hauling U.S. crude all over the world and reflects the change in tanker departures to the main regions that consume U.S. crude.
U.S. Oil and Gas rig count was up slightly for the week ending November 14, climbing by one vs. a week ago to 549 according to Baker Hughes data. Rigs were added in the Permian (+2) and All Other (+1), while the Anadarko (-1) and Bakken (-1) lost rigs.
Western Canada's natural gas rig count crept higher and is now above a year ago; crude rigs pulled back and are struggling.
The permitting process for carbon-capture projects is, in some ways, like navigating Houston’s notorious rush-hour traffic — if everyone tries to move at once, gridlock can quickly ensue.
U.S. refiners pushed throughput higher last week, with net refinery runs climbing 717 Mb/d to a five-week high of 16 MMb/d, according to the EIA’s Weekly Petroleum Status Report (WPSR).
Elevated stocks, growing Gulf Coast volumes, and solid exports — this week’s propane snapshot is in.
NGL Voyager offers subscribers a comprehensive market analysis of natural gas liquids exports which are driven by fundamentals, and combined with the latest industry buzz. The report examines U.S. export trends for propane, butane and ethane, and includes port of origin, destination and volume.
The global petrochemical is currently experiencing a downturn, and this is showing up in earnings. These companies are reacting with cost reductions and capacity rationalizations.
Pembina Pipeline announced advancements for a raft of expansion work including its Redwater IV fractionator and numerous proposals for its Peace Pipeline to accommodate future NGL growth from the BC Montney.
Devon (DVN) in their Q3 earnings call on November 6, provided some insight into how producers in the Permian are able to remain productive even as prices decline.
