Fall Friskiness – WTI Midland Crude Price Differentials Stage a Rebound

The price differential for physical crude oil that is delivered from the heart of the Permian into Midland, TX, known as WTI Midland (the real WTI), recovered to a six-month high near the end of August.

US Rig Count Declines By Two To End Month Of August

US oil and gas rig count ended the month of August with another week-on-week decline, dropping two rigs for the week ending August 29 and marking the fourth week of declines this month according to Baker Hughes data.

Canadian Drilling – End of Summer Holiday

For the week of August 29, Baker Hughes reported that the Western Canadian gas-directed rig count fell one to 55 (blue line and text in left hand chart below), 12 less than one year ago and is the lowest for this time of year since 2020.

LNG Canada Gas Intake Hovering Near 50% Utilization of Train 1

Natural gas intake at the LNG Canada liquefaction site in Kitimat, BC pushed higher in July, averaging 468 MMcf/d (green column in chart below) based on publicly available data released by the British Columbia Energy Regulator (BCER), and just slightly above our previous estimate of 448 MMcf/d.

Siemens, Techint Awarded FEED Contract for Pacifico Methanol Plant

Siemens Energy and Techint Engineering and Construction have been awarded a front-end engineering design (FEED) contract for a 210-MW electrolyzer facility at the Pacifico Mexinol project in Sinaloa, Mexico, project developer Transition Industries LLC said Thursday.

ExxonMobil Reaches FID on Major Reconfiguration Project

ExxonMobil announced on Tuesday, August 26, 2025, that it has reached Final Investment Decision (FID) on a large-scale reconfiguration project at its Baytown, Texas Refinery and Petrochemical Complex.

School of Energy: Trans Mountain Expansion Considering Future Improvements

The Trans Mountain Pipeline Expansion (TMX) has been running “spectacularly well since startup” and plans are being considered to boost the pipeline’s capacity, Trans Mountain Chief Financial Officer Todd Stack said during a fireside chat Wednesday at RBN’s School of Energy Canada in Calgary.

U.S. Propane Stocks Build Falls Short of Industry Expectations; Exports Slip

The EIA reported total U.S. propane/propylene inventories had a build of 1.73 MMbbl for the week ended August 22, which was less than industry expectations for an increase of 2 MMbbl and the average build for the week of 2.3 MMbbl. Total U.S.

School of Energy: LNG Canada Has Edge on Deliveries to Asia, but U.S. Exporters Retain Destination Flexibility

LNG Canada and other export projects in development in Canada target Asia, while projects in the U.S.

School of Energy: Trans Mountain Expansion Turns Canada to Leader in Waterborne Crude

Crude oil exports out of Western Canada are nothing new but startup of the 590-Mb/d Trans Mountain Pipeline Expansion (TMX) quickly turned Canada into a global leader in waterborne crude exports, Jeff Kralowetz, Vice President of Business Development at Argus Media, said during Tuesday’s keynote

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