Largest Weekly Build for U.S. Propane Inventories Since 2014

The EIA reported total U.S. propane/propylene inventories built by 2.9 MMbbl for the week ended July 26, which was higher than industry expectations for an increase of 1.96 MMbbl. This build was the highest for the week since 2014 and 920 Mb/d above the average for the week.

BP To Proceed With GOM Kaskida Oil and Gas Project, Startup in 2029

BP has made its final investment decision on the Kaskida oil and gas project in the Gulf of Mexico and plans to have it operational from 2029.

Permian Crude Oil Flows to Nederland Dip for Second Month

Crude oil flows from the Permian Basin to Nederland, TX, dipped slightly in February for the second consecutive month.

Alaska Pipeline Gets Conditional Approval For Gas Pipe Expansion Project

Alaska Pipeline Company (APLC) has received conditional approval for a project to build an extension of its gas transmission pipe that would connect to a possible future liquefied natural gas (LNG) import terminal at Port MacKenzie in Alaska.

Permian Resources Bolsters Reeves County Presence with Bolt-On Acquisition from Occidental Petroleum

Permian Resources announced that it has entered into a definitive agreement to purchase Occidental Petroleum’s (Oxy) Barilla Draw assets in the Delaware Basin. The bolt-on acquisition (reflected in yellow on the acreage map below) adds approximately 29,000 net acres and around 15,000 Boe/d.

Enterprise to Expand Houston Ship Channel LPG Export Capacity by 36%

Enterprise Products Partners said Tuesday (7/30) that it will expand LPG export capacity at its Enterprise Hydrocarbons Terminal (EHT) on the Houston Ship Channel by 36%.

U.S. Crude Oil Exports Post Second Consecutive Weekly Increase After Hurricane Beryl

Crude oil loadings across the U.S. Gulf Coast increased for the second consecutive week following Hurricane Beryl, which made landfall on July 8 between Houston and Corpus Christi.

RBN’s Future Of Fuels: Volume 4 Webcast

30-minute webcast followed by live Q&A
Hosted by RFA executives and Future of Fuels leaders, John and Robert Auers
Outlook for Crude, Refined Products, Biofuels, & EVs

DOE Buys 4.65 MMbbl Crude For Bayou Choctaw SPR Storage Site

The Department of Energy has purchased 4.65 MMbbl of crude for delivery into its Bayou Choctaw, Louisiana, SPR site during October-December from two companies.

Eagle LNG Asks FERC for Extension to Build Small-Scale LNG Facility in Florida

Eagle LNG has asked the Federal Energy Regulatory Commission for a five-year extension of its authorization to site, build and operate a new LNG terminal on the St. John’s River in Jacksonville, Florida.

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