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.
New pipeline projects to take crude out of the Rockies are starting to make the map look like a spider’s web. The latest proposal comes from Spectra Energy – owners of the Express and Platte pipelines that ship crude from Hardisty to Wood River via Guernsey, WY.
Demand for diluent range light hydrocarbon materials such as natural gasoline and condensate that are used to reduce the viscosity of heavy Canadian bitumen crude so that it can flow in pipelines, is forecast to increase from 380 Mb/d in 2014 to 685 Mb/d by 2019.
The total shutdown of Japan’s nuclear power industry in the wake of the March 2011 Fukushima disaster caused a more than 20% increase in liquefied natural gas imports.
They say that being in the right place at the right time has a lot to do with success in business. Two companies with infrastructure in the Eagle Ford can certainly attest to that.
There’s been a lot of talk--and angst—this summer and early fall about the flood of crude oil headed to the Houston area from the Eagle Ford, the Permian Basin and other burgeoning oil-production regions.
Enhanced oil recovery (EOR) offers the potential for releasing huge volumes of crude now stranded underground, but the pace of EOR is dependent largely on how much carbon dioxide can be captured and piped to mature oil fields where EOR would work best.
Crude oil prices are in free fall – the prompt U.S. benchmark WTI CME NYMEX futures contract was down 24 percent to $81.78/Bbl yesterday (October 15, 2014) from its recent high in June. International benchmark IPE Brent futures were down 27 % over the same period to $83.78/Bbl.
In mid-September 2014 the joint venture partners in the shuttered St. Croix (U.S. Virgin Islands) HOVENSA refinery announced an agreement in principal to sell to a private equity fund.
Hydrogen Billboard tracks the latest developments in the domestic and global hydrogen markets, filtering through the noise with an unbiased lens to deliver impactful hydrogen infrastructure and market analysis.
The Panama Canal expansion, set for a January 2016 debut, will slash the travel time for larger ships ferrying U.S.-sourced LNG and LPGs from the Gulf Coast (or East Coast) to Japanese and other Asian buyers.
The September 29, 2014 opening of the BridgeTex pipeline – 5 months later than expected - between Colorado City in the Permian Basin and Houston was expected to bring immediate relief to West Texas producers with crude stranded by a lack of pipeline takeaway capacity.
