On February 1, the outage of a transformer that provides electrical power to BP’s Whiting, IN refinery (capacity 435 Mb/d) resulted in a sudden and complete shutdown of the facility.

Data from the Alberta Energy Regulator (AER) indicates that Alberta’s oil production achieved a new record in December 2023 of 4.19 MMb/d (rightmost stacked bars in chart below).

It’s no secret that LNG facilities have drastically changed the landscape of U.S. natural gas markets, and business is booming. According to U.S.

Ten years ago, the propane market was digging out of what we now call the 2014 polar vortex, when the price of propane in Conway, KS – the primary hub feeding the hardest hit Midwest region – blasted to almost $3.00/gallon over Mont Belvieu, Texas propane (on January 24, 2014), and averaging $0.7

Renewable power capacity dedicated to hydrogen production is expected to grow by 45 GW between 2023 and 2028, down 35% from the previous year’s forecast, due to a slowdown in hydrogen project development, the International Energy Agency (IEA) said in its annual report on renewables, published Jan