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.
M&A activity in the oil and gas minerals/royalty space had quieted during a prolonged wave of major E&P consolidation. As that activity winds down, rising realizations for both oil and gas have spurred a major consolidation among royalty trusts as well as a recent successful initial public offering.
A number of states have been early movers in the data center world, but several in the Northeast — while not yet major data center hubs — are laying the groundwork for a much bigger role. Today, we examine the plans of several states and how they could impact the region’s natural gas market.
The Canadian NATGAS Billboard is a weekly, early morning email and report that’s designed to keep physical and financial participants informed of the various fundamental components that make up the complex Canadian natural gas market. This service saves readers time and confusion by compiling all the most critical data points into one clear and concise report.
U.S. LNG feedgas demand rose last week as Golden Pass LNG restarted following a brief shutdown.
The WTI crude-to-gas ratio has declined for three straight months, falling to 21.40 in July to date and moving to within 5% of year-ago levels.
Many hyperscalers now acknowledge that they will rely heavily on natural gas-fired generation to power their new data centers, at least for the near term. But that conflicts with “net zero” goals, so many AI giants are moving to mitigate the environmental impact of their fast-rising gas use.
It’s been quite a year already, with energy markets roiled by the Iran war. To survive such swings, you need a deep understanding of market fundamentals so that you can anticipate their effects. That’s today’s subject and the focus of our upcoming School of Energy: Foundations.
On Thursday July 2 the Government of Canada, along Alberta’s provincial government, announced a proposal for a heavy crude oil pipeline capable of transporting more than 1 MMb/d from Bruderheim, AB (near Edmonton) to a deepwater port at Roberts Bank just south of Vancouver, BC (see map below).
Hydrogen Billboard tracks the latest developments in the domestic and global hydrogen markets, filtering through the noise with an unbiased lens to deliver impactful hydrogen infrastructure and market analysis.
Louisiana refineries don’t pipe in all the crude oil they need from the Houston and Nederland areas or the U.S. Gulf, or ship it in from abroad. Some depend on crude that is piped in from Longview, TX, and others get at least some of their oil from Capline, which moves crude south from Illinois.
U.S. oil and gas rig count gained six rigs to 580 for the week ending July 2 according to Baker Hughes data, published Thursday ahead of the Independence Day holiday.
In Western Canada, the gas-directed rig count rose by one to 58 rigs, while the oil-directed rig count dropped by seven to 127 rigs, for the week ended July 2, according to Baker Hughes data.
