World Energy GH2 has canceled plans for a 1.2-GW green hydrogen and ammonia complex in Canada’s Newfoundland and Labrador province, underscoring the widening gap between hydrogen ambition and commercial reality. Known as Project Nujio’qonik — and once …

The U.S. refining industry has been on a real rollercoaster ride in recent years, as the disastrous COVID shutdown period of 2020 — which led to the closure of many refineries — was closely followed by the “Platinum Age” margins experienced when demand …

Demand for natural gas in the Northeast was 2.1 Bcf/d higher for the week ended January 6 relative to the prior week. The region’s weekly gas demand averaged 33.1 Bcf/d, with the peak daily demand of 34.9 Bcf/d occurring on New Year’s Day. The 2.1 Bcf/d …

All roads lead to Louisiana in the natural gas market, and those roads have become increasingly crowded as LNG demand sucks in gas from other states, increasing competition for supply and raising reliability concerns for downstream utility customers. …

Annual average natural gas production in Western Canada established a record in 2025 of 19.1 Bcf/d (burgundy column and text in chart below) according to data reported in RBN’s  Canadian NatGas Billboard . This represented a net increase over 2024 of 0.7 …

The EIA’s Weekly Petroleum Status Report released this morning points to a loosening in U.S. motor gasoline balances for the week ending January 2, 2026. As highlighted in our Crude Billboard, implied motor gasoline demand declined by nearly 400 Mb/d last …

The EIA reported a 2.2 MMbbl draw in total U.S. propane/propylene inventories, exceeding industry expectations for a 1.8 MMbbl decline but falling short of the average draw for the week of 2.4 MMbbl. Despite the draw, total inventories remain 19% higher …

Alberta’s crude oil output in November 2025 rose to a record of 4.40 MMb/d (height of stacked columns in dashed rectangle in chart below), a gain of 0.26 MMb/d over October and 0.20 MMb/d greater than a year ago according to data released by the Alberta …

Re-exports of Canadian heavy crude oil are estimated to have reached a four-month high of 151 Mb/d in December 2025 (rightmost stacked columns in chart below), an increase of 70 Mb/d from November, and 36 Mb/d more than a year ago, based on tanker …

Venezuela took center stage over the weekend when U.S. forces removed President Nicolás Maduro from power, triggering a flood of speculation and market commentary about the country’s vast oil reserves and the potential for reviving its now-moribund …

Waterborne crude oil exports from the Trans Mountain Pipeline (TMX) averaged 383 Mb/d in December 2025 (rightmost stacked columns in chart below), a sharp decrease of 130 Mb/d versus a revised record November export level of 513 Mb/d, and an increase of …

U.S. LNG feedgas demand ended 2025 with record-breaking growth, and 2026 started with the same momentum.  Last week, U.S. LNG feedgas demand averaged about 19.3 Bcf/d, up 0.8 Bcf/d week-on-week, with all terminals operating at or above nameplate capacity …

The U.S. Gulf Coast 3-2-1 crack spread is near $18.33/bbl. Over the most recent period, the diesel crack increased from approximately $25.45/bbl on December 29 to $27.68/bbl on January 5, while gasoline cracks declined almost continuously since the start …

Even if Permian crude oil production were to stagnate over the next few years — a big if — the region’s output of NGLs would likely increase by half, from the current 3.2 MMcf/d to about 4.8 MMcf/d in 2030. NGL shippers, all too aware of the double-barrel …

Ammonia production has begun at Woodside Energy’s Beaumont New Ammonia facility in southeast Texas following the completion of systems testing, representing the first phase of operations commissioning of the facility, the company said.  Commercial …

Sure, natural gas markets have experienced plenty of changes over the past few years. Rising associated gas production in the Permian. New pipeline and storage capacity. New LNG demand. Pricing ups and downs. But we’d argue that all this was merely a …

Now that the calendar has turned to 2026, most gas stations in Iowa are required to advertise and sell E15 gasoline. The requirement was included the state’s E15 Access Standard, which was adopted by the state legislature in 2022. Gas stations and …

Wow! Pragmatism! Driven by physics, economics and, yes, even politics. It’s clear that the reset that took off in 2025 will carry into 2026, and energy markets are breathing a collective sigh of relief. This turnabout is positive for infrastructure …

Well, 2025 is now in the books, allowing us time for reflection, resolution-making, and pretending we always knew how the year would turn out. For RBN, it means it’s almost time for our annual Top 10 Energy Prognostications blog, the long-standing RBN …

According to the EIA’s Weekly Petroleum Status Report (WPSR) released today, oil imports into the U.S. plummeted for the week ending December 26 to under 5 MMb/d. This decline of more than 1.1 MMb/d reduced imports to their lowest level since February of …