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• US crude oil, petroleum product exports had a strong H1
  Strong demand for propane and other hydrocarbon gas liquids pushed US...
  Strong demand for propane and other hydrocarbon gas liquids pushed US petroleum product exports up by 2% year over year to almost 6 million barrels per day in the first six months of 2023, setting a first-half record in Energy Information Administration data going back to 1981. US crude oil exports expanded at an even faster pace in the first half, by 19% to 4 million bpd, the EIA reported.
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• FERC advances 4 natural gas projects
  Sempra Infrastructure...
  Sempra Infrastructure has received Federal Energy Regulatory Commission approval for the Port Arthur LNG Phase 2 expansion project in Jefferson County, Texas, which involves two new liquefaction trains that would double the facility's total liquefaction capacity to about 28.6 million short tons per year. The FERC has also authorized a project at Venture Global's Calcasieu Pass LNG plant in Louisiana and endorsed pipeline extensions proposed by Berkshire Hathaway's Northern Natural Gas and Enbridge's Texas Eastern Transmission.
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• ☕️What Else is Brewing Saturday Morning
  The best cities in America ...
  The best cities in America for coffee lovers.
  
  Microsoft is thisclose to completing its $69 billion takeover of Call of Duty-maker Activision Blizzard now that UK regulators gave the restructured deal a preliminary nod.
  
  Striking writers and Hollywood studios failed to reach a deal yesterday during a third consecutive day of bargaining, according to The Hollywood Reporter, but talks are expected to continue.
  
  McDonald’s is planning to raise its royalty fee for new franchise locations for the first time in 30 years.
  
  California will let insurers factor wildfire risks into home insurance prices to try to keep them from fleeing the disaster-prone state.
  
  A stake in the Golden State Warriors is for sale in a deal that values the team at $7 billion, Bloomberg reports. Not bad for a team purchased for ~$450 million in 2010.
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• Ukraine attacks Russian Black Sea navy HQ in Crimea
  Russia's Black Sea Fleet is headquartered in the occupied city of Sevastopol in Crimea, which Moscow...
  Russia's Black Sea Fleet is headquartered in the occupied city of Sevastopol in Crimea, which Moscow annexed in 2014. At least one Ukrainian cruise missile destroyed the top floors of the headquarters and caused a fire Friday. Ukraine has been targeting Sevastopol in recent weeks as it seeks to disrupt Russia's military operations. No casualties were reported.
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• US Drillers Cut Oil and Gas Rigs for First Time in Three Weeks
  U.S. energy firms this week cut the total number of oil and natural...
  U.S. energy firms this week cut the total number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Sept. 22.
  
  The total oil and gas rig count, an early indicator of future output, fell by 11 to 630 in the week to Sept. 22, the lowest since February 2022.
  
  Baker Hughes said that puts the total rig count down to 134 rigs, or 18%, below this time last year.
  
  U.S. oil rigs fell by eight to 507 this week, their lowest since February 2022, while gas rigs dropped by three to 118.
  
  
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