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.
A recent SEC filing to register a proposed Initial Public Offering (IPO) for their Master Limited Partnership (MLP) by terminal operator USD Group - whose principal asset is a unit train crude loading terminal in Hardisty, Alberta - reveals long-term commitments to rail by Canadian shippers.
Hawaii’s electric and gas utilities plan to end their long-time reliance on oil and its by-products—gas on the islands is actually synthesized from naphtha—and to shift to LNG as their primary fossil fuel (in the case of Hawaiian Electric) or at least as a back-up fuel (in the case of Hawaii Gas)
Located just east of the prolific Eagle Ford shale, production from the Eaglebine play has yet to take off. In good part that is because takeaway capacity is currently limited to trucks.
A couple of years ago in December 2012 we posted a blog in our Oh-Ho-Ho It’s Magic series covering the bigger Gulf Coast crude oil supply picture. At the time we wanted to provide a summary view of all the changing crude flows happening at the Gulf Coast.
The shift from diesel to LNG (and sometimes CNG or field gas) as a fuel for drilling rigs and hydrofracturing pump engines is underway, and there is interest in having ships, locomotives and long-haul trucks run on natural gas from LNG too.
Enbridge expect their Line 9 reversal to be complete in October 2014. By the end of 2014 this pipeline will deliver 300 Mb/d of mainly light crude to two refineries in Quebec.
Two weeks ago (August 21, 2014) Plains All American announced their proposed “Diamond” crude pipeline project from Cushing, OK to Memphis, TN that will feed the Valero Memphis refinery starting in late 2016.
Say “LNG” and the first thing that comes to mind for most of us is the potential for liquefied natural gas exports to Asia and other overseas markets.
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.
Enbridge is investing close to $9 billion between 2013 and 2016 in its Eastern and Light Oil Market Access initiatives. A major goal is to improve access for Enbridge shippers – particularly shippers of light shale crude from North Dakota, to refineries in the Midwest and eastern Canada.
Heightened worldwide competition among LNG exporters is forcing a reality check on projects. LNG buyers, most of them in the Asia/Pacific region, are pressing for prices that more closely track natural gas value at the source—plus the known or calculable costs of liquefaction and shipping.
