Kevin Birn

Leads the Center of Emissions Excellence, and also serves as Chief Analyst Canadian oil markets at S&P Global Commodity Insights. All opinions are mine.

[Kevin Birn @KevinBirn]

@Rory_Johnston He is great.

[Fin de Pencier @finlookedintoit]

Maduro's ouster will not cause an "existential threat" to Canada's oil industry,

"Could it rebalance the heavy [crude oil] market and cause a widening of the [price] differentials over a longer term? Yeah … but … it’s definitely going to be within the range of price volatility that the Canadian sector has seen for many, many years," @kevinbirn of S&P said.

Great report here from @ForsterSam of @CDNAffairs:

https://t.co/01iRtcLR7q

[Kevin Birn @KevinBirn]

@Rory_Johnston Potential is there. A lot of the other ingredients would take time and money with stability being a prerequisite.

[Kevin Birn @KevinBirn]

@Rory_Johnston Looks like you just started one! ;)

[Kevin Birn @KevinBirn]

@bataille_chris @politicalham Well…. We published some sensitivity on this a few years ago. Happy to share link But avg. opex for SAGD would be ~10/bbl USD (likely high estimate). That includes gas.

[Kevin Birn @KevinBirn]

@beachmagoo @politicalham @SPGlobal Depends on the type of facility but yes some entirely new ones would. For those operating already—definately.

[Rory Johnston @Rory_Johnston]

🇨🇦 The latest annual forecast update from @SPGlobal @KevinBirn upgrades the 10-year outlook for Canadian oil sands production for the fourth consecutive year.

"Despite a lower oil price environment ... producers continue to focus on maximizing existing assets"

MORE CANADIAN OIL

[Kevin Birn @KevinBirn]

@Rory_Johnston @SPGlobal Great post! ;)

[Kevin Birn @KevinBirn]

@GK_Fellows Like individual facilities? I’ve modelled it a few ways. DM later this week but I’m not aware of a public set.

[Kevin Birn @KevinBirn]

@Rory_Johnston Nice!

[Kevin Birn @KevinBirn]

@andrew_leach @GK_Fellows Also b/c of flaw of averages applies to annual WCSB production levels. There is huge swing from turn around season to peak in fall/winter making annual average far less that peak production and thus peak pipeline demand over course of year.

[Kevin Birn @KevinBirn]

@bataille_chris @politicalham Sounds about right to me.

[Kevin Birn @KevinBirn]

@Rory_Johnston @politicalham I am honoured to be required reading!

[Brian Jean @BrianJeanAB]

I had a great panel discussion on Day 2 of @CERAWeek on Canada’s energy future with Saskatchewan @PremierScottMoe, @Sfleece, Ontario Minister of Energy and Electrification, and Justin Bourque, founder and president of Asokan Generational Developments, hosted by @KevinBirn, head of emissions excellence at @SPGlobal. Alberta will continue to lead the way for Canada in the energy sector!
#ableg #abpoli #energy #oil #gas #houston #alberta

[Canadian Global Affairs Institute @CAGlobalAffairs]

The flow of insights from @ira_joseph, @bencahillenergy, and @KevinBirn is as intense as today’s snowfall #LNGSummit2025

[Markham Hislop @politicalham]

Does oil have a future?

Peak this decade, but how long will the plateau last? 10-15 years or rapid decline?

My interview w/Jim Burkhard, VP & Head of research for Oil Markets, Energy and Mobility, @SPGlobal Commodity Insights.
@KevinBirn #ABleg #oil
https://t.co/AgtFSUA1UX

[Kevin Birn @KevinBirn]

Nice day for a walk this morning to learn about hydropower in Brazil.

[Mason Hamilton🛢📊⛽️ @T_Mason_H]

The Long March...
According to Energy Institute data, China officially surpassed the United States in refining capacity in 2023, by 55kb/d. The U.S. now has 545kb/d less refining capacity than in 2019, while China now has 2.2 mb/d more.

[Kevin Birn @KevinBirn]

@T_Mason_H Relevant and recent piece on this from marketplace on the relationship between Canadian heavy oil and complex US heavy refining capacity which includes a few thoughts from myself. https://t.co/eUmvmpTlHQ

[Kevin Birn @KevinBirn]

@garquake Visiting family.

[Kevin Birn @KevinBirn]

Beautiful #NovaScotia!