Today, the Canada Energy Regulator (CER) released a report explaining the economics and market dynamics for the more than 73,000 kilometres of pipelines it regulates. The report, Canada’s Pipeline System 2021: Economics of CER-Regulated Infrastructure, provides […]
TC Energy on Wednesday confirmed that it is nixing the Keystone XL Pipeline following President Biden’s move to revoke a permit for the project during his first day in office. “Construction activities to advance the […]
On the ENB Podcast from Bear Country, we have the opportunity to visit with Jessie Mercer, Senior director of Crude Market Analytics at Enverus. We had fun and talked about the Bulls in the China […]
The physical market for Middle Eastern crude started the month strongly, backed by expectations for robust Asian demand and the likelihood of less supply leaving the U.S. and Europe due to the recovery in those […]
Being that Ryan Ray is a guest on the Energy News Beat Podcast as the adult in the room is always funny. We just taped our second month’s episode today and had a nice surprise […]
OPEC+ appears in control of crude prices as U.S. production is lagging pre-pandemic levels, according to a senior executive at the world’s biggest independent oil trader, Vitol Group. The decline in U.S. drilling and output […]
Energy News Beat Publishers Note (ENB): Rosneft is dead-on right! The inability of the world to have a realistic conversation of the importance of a “Balanced Diet of Power” is disappointing at best. ENB has […]
Ecuadorean state-owned oil company Petroecuador declared Wednesday ‘force majeure’ on all crude oil trading operations and other contractual obligations that the firm maintains due to ongoing protests against Lenin Moreno’s government across the country. ‘Force […]
Oil companies’ mega expansion plan has collided with the pandemic, creating for petrol pumps a double whammy of increased competition and collapsing fuel demand. In two years, companies have added around 12,500 pumps, increasing the country’s fuel […]
Oil rose towards $72 a barrel on Friday, trading close to a two-year high as OPEC+ supply discipline and recovering demand countered concerns about patchy COVID-19 vaccination rollout around the globe. The Organization of the Petroleum […]
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