RBN’s Daily Energy Blog and Insights sharpen your energy IQ through fundamentals-based analysis that makes sense of North America’s energy market dynamics.
With a line of sight to expanding pipeline capacity from the Western Canadian Sedimentary Basin, producers plan to grow crude oil production. Today, we go through all the Alberta oil sands growth projects planned over the next several years.
Rising demand for natural gas in the U.S. Northeast and regions to its south and west is spurring the development of gas pipeline projects that collectively will enable Marcellus/Utica E&Ps to ratchet up their production into the 2030s. In today’s RBN blog, we continue our review of these projects.
The monthly and weekly Propane Billboard reports feature insightful commentary and analysis of historical and anticipated trends in the U.S with a deep dive into the propane supply and demand balance by PADD. It includes a custom 1-year forecast with commentary and analysis on emerging market opportunities.
The Midland-to-Houston crude oil differential has undergone a dramatic round trip over the past several months.
The NGL business is one of the most logistically complex segments of the energy industry. To really make sense of it you need to step back and look at the big picture. That’s exactly what our new U.S. NGL Infrastructure Map provides — a comprehensive view of the entire NGL value chain.
U.S. oil and gas rig count slipped one rig to 562 for the week ending June 12 according to Baker Hughes data, as a two-rig decline in Gulf of Mexico outweighed gains in Anadarko (+1), the Eagle Ford (+1) and Haynesville (+1), while Permian (-1) and All Other (-1) also declined.
In Western Canada this week, the gas-directed rig count rose by four to 58 rigs, while the oil-directed rig count gained five to 119 rigs.
The SunZia Wind Project, the largest wind farm in the U.S., began commercial operations this month. The wind farm, located in New Mexico, has a total net summer generating capacity of 3,650 megawatts (MW) and is composed of 916 wind turbines. Its capacity is more than three times larger than the next two largest wind farms, Alta Wind in Southern California (1,098 MW) and Great Prairie in northern Texas (1,027 MW).
NATGAS Billboard is a daily, early morning email and report that provides an up-to-the-minute view of the natural gas market outlook, including storage injections/withdrawals and price. Billboard’s models incorporate pipeline flow data, weather models, electricity demand data and more.
Three new U.S. LNG projects have reached a positive final investment decision this year: Venture Global’s CP2 Phase 2, Caturus’s Commonwealth LNG, and now, most recently, Delfin Midstream’s Delfin LNG, which will be the U.S.’s first floating LNG project.
The early signs of a rebound can be seen in Venezuela, where crude oil production and exports are on the rise, although plenty of unknowns remain. Today, we look at how much Venezuelan crude is reaching the U.S., how the U.S. import slate has changed, and preview our latest Drill Down Report.
Based on data from the EIA’s Weekly Petroleum Status Report (WPSR), a decline in both imports and exports alongside an increase in refinery runs necessitated a draw in commercial crude inventories for the seventh consecutive week.
