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.
Texas has plenty of the ingredients needed to support a major buildout of hydrogen and carbon capture and storage (CCS), including abundant natural gas, extensive energy infrastructure and access to international markets, but another essential input — water — could prove harder to secure, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
The volumes of Permian natural gas flowing into the Katy area west of Houston will be increasing sharply, as will gas demand from LNG export terminals near the Texas/Louisiana border. Three new pipelines are being developed to move gas from between Katy and the state line, but will they be enough?
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.
In Western Canada the active gas-directed rig count fell by five rigs to 65 rigs, more than reversing the prior week’s gain of four rigs, while the oil-directed rig count rose for the third straight week, inching up by one to 148 rigs, for the week ended October 16, according to Baker Hughes data
Global refining is entering a new phase. After decades of capacity growth centered in China and the Middle East, the baton is passing to India. Today, we examine India’s long-term goals, the kinds of projects underway, and how the U.S. is playing a role in their development.
Northeast natural gas prices were very low last week, as demand slumped lower. However, LNG feedgas from the region has now returned which to provide more demand as fall weather gets chillier.
U.S. propane inventories posted a second straight draw, led by a 1.9-MMbbl decline on the Gulf Coast. Total stocks remain 14% above the five-year average, but the surplus sits entirely in PADD 3, while Midwest stocks have slipped below the five-year average heading into winter.
NATGAS Billboard is a daily, early morning email and report that provides an up-to-the-minute view of the natural gas market outlook, including storage injections/withdrawals and price. Billboard’s models incorporate pipeline flow data, weather models, electricity demand data and more.
The developer of a planned natural gas pipeline across North Dakota has reached FID after securing long-term, demand-side commitments for almost all its 1.4 Bcf/d of capacity. The question is, will WBI Energy’s Bakken East Pipeline leave the Bakken with way too much gas takeaway space?
Over the past 10-plus years, there’s been an extraordinary consolidation among producers in Alberta’s booming oil sands region. Now, with Cenovus Energy’s planned multibillion-dollar acquisition of Athabasca Oil Corp., more than 90% of oil sands production will be owned by only five companies.
U.S. LNG feedgas demand moved higher last week as Freeport and Cove Point returned from maintenance and Golden Pass intake hit a record over the weekend.
