Enbridge in Cleanup Mode Since Last Month After Line 6 Crude Spill in Wisconsin

Enbridge is still cleaning up some 1,650 Bbl of crude oil that spilled from its Line 6 pipeline more than a month ago due to a faulty connection on a pump transfer pipe at a Wisconsin pump station.

Increased Flaring Once Again at LNG Canada – Is a Commissioning Export Cargo Just Around the Corner?

On December 12, LNG Canada posted a community notification that increased flaring at its site began on December 4 and would run for a period of 60 days (i.e. to early February).

Canadian Drilling – Gas Rigs Hold Near Five-Year High, Oil Rigs Headed for a Holiday Break

For the week ending December 13, Baker Hughes reported that the Western Canadian gas-directed rig count was unchanged for a third consecutive week at 70 (blue line in left hand chart below), three more than one year ago and continuing to hold at its highest level since mid-April and near a five-y

Midwest Carbon Express Takes Two Steps Forward

Midwest Carbon Express, a carbon capture and sequestration (CCS) project being developed across five Midwestern states by Summit Carbon Solutions, took two important steps forward this week.

U Can’t Touch This: A Banner Year for Upstream Acquisitions

New Drill Down Report on Upstream M&A Activity
Larger producers sought to gain additional scale and position themselves for an increasingly competitive era.
Oil-focused E&Ps led the consolidation charge, but Chesapeake/Southwestern combo created the largest U.S. gas producer.
Click here for all the details and a preview of the report

Chevron Expands Pasadena, Texas, Light Crude Refining Capacity by 15%

Chevron has completed a retrofit project at its light-crude refinery in Pasadena, Texas, that expands its flexibility for producing products, while raising its processing capacity by nearly 15% to 125 Mb/d.

ExxonMobil and Chevron Look to Sell Electricity to Data Centers

Chevron and ExxonMobil are exploring ways to jump into the electricity supply business to fuel energy-hungry data centers.

IEA Nudges Up 2025 Demand Growth Forecasts In Latest Report

The International Energy Agency (IEA) modestly raised its growth forecast for oil demand next year in its latest report.

U.S. Crude Production at New Record High After Re-Benchmarking

Crude oil production hit a new all-time high of 13.631 MMb/d, spurred by the EIA's re-benchmarking of supplies (see description below) by 105 Mb/d. Net refinery demand dropped by 250 Mb/d, erasing much of the previous week's 615 Mb/d rise.

U.S. Propane Inventories Draw Over Industry Expectations and Exports Average at High Levels

The EIA reported total U.S. propane/propylene inventories had a withdrawal of 3 MMbbl for the week ended December 6, which was above industry expectations for a decrease of 2.1 MMbbl. Total U.S.

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