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.
Plug Power said June 2 it has closed on the sale of a federal Investment Tax Credit (ITC) for ~$39.2 million associated with its hydrogen liquefaction facility in St. Gabriel, LA, (operated through Hidrogenii, its joint venture with Olin Corp. The St. Gabriel facility was commissioned in April 2025 and can liquefy up to 15 tons of hydrogen per day.
Carbon dioxide injections have begun at Carbon TerraVault I, California’s first operational carbon capture and storage project, California Resources Corporation said May 26.
Crude Oil TradeView provides up-to-date data and insights into the behavior of differentials for 33 crude assessments across North America. Each week, it also walks you through the reasoning of why differentials widen, narrow, flip (premium vs. discount), or blow out.
Exploits Valley Renewable Energy Corporation (EVREC) said May 18 that it filed the Environmental Impact Statement (EIS) for its project in Central Newfoundland. The project would reuse brownfield lands, repurpose the Port of Botwood (the closest deepwater port in North America to Europe) and harness the region’s wind resources to produce green hydrogen and ammonia.
Federal funding for five of the seven regional hydrogen hubs and other energy-related projects that had been in line for termination could instead be preserved following a review by the Trump administration, according to Bloomberg, which cited a 39-page list of about 2,000 projects the Department of Energy said it plans to “retain or modify.”
Indiana is a step closer to getting its first active carbon capture and sequestration project after the Environmental Protection Agency (EPA) approved the Class VI injection well for the One Carbon Partnership CCS project near Union City, which is about halfway between Indianapolis and Dayton, OH.
A legislative push to rein in carbon capture and sequestration development in Louisiana hit a major roadblock this week when a House committee rejected the proposed Louisiana Landowners’ Protection Act, a bill that would have barred companies from using eminent domain to secure land for carbon dioxide pipelines and storage.
The continuing U.S. and Israeli war against Iran and the rapid expansion of data centers and AI dominated the conversation at this year’s CERAWeek energy conference in Houston, which gathers more than 10,000 attendees from more than 80 countries.
Crude Oil Permian provides detailed analysis of the fundamental drivers impacting the Permian Basin crude oil market including weekly data, analysis and market intelligence updates of: Permian crude oil supply and demand, pipeline outflows and capacity, prices, and infrastructure updates.
Blue ammonia production at Woodside Energy’s Beaumont New Ammonia facility in southeast Texas is not likely to commence this year due to construction issues, acting CEO Liz Westcott said this week during the company’s 2026 Sustainability Briefing.
The prospects for Summit Carbon Solutions’ long-planned carbon capture and sequestration (CCS) project dimmed this week when a North Dakota judge revoked Summit’s permit to permanently sequester carbon dioxide (CO2) in underground storage.
Phase 1 of the Stratos direct air capture (DAC) project in Ector County in West Texas is in the final stages of startup and is expected to be online in Q2 2026, project developer 1PointFive said in an update posted on LinkedIn. The project’s Phase 2 will begin commissioning in Q2, with the ramp-up continuing through the rest of the year.
