Though natural gas and NGL prices have been decoupling from oil prices for the past several years, the sudden downturn in crude prices have pulled the entire hydrocarbon sector down with it.
Key North American Hub Prices: October 23, 2014
EnLink Midstream LLC dropped down its equity interests in E2 Appalachian Compression LLC and E2 Energy Services LLC to EnLink Midstream Partners LP.
Key North American Hub Prices: October 22, 2014
Key North American Hub Prices: October 21, 2014
Central New York Oil & Gas Co. LLC successfully concluded a non-binding open season on its proposed Marc II Pipeline.
Key North American Hub Prices: October 20, 2014
Key North American Hub Prices: October 17, 2014
Natural Gas Pipeline Co. of America LLC (NGPL) announced the beginning of a 30-day binding open season to solicit shipper interest in the possible expansion of its Gulf Coast mainline system.
NGL prices took a large downturn as they followed the downward trajectory of West Texas Intermediate (WTI) crude prices, which fell to their lowest levels in several years just above $80 per barrel (/bbl).
Key North American Hub Prices: October 16, 2014
The Marcellus and Utica shales represent an opportunity and not a guarantee for Pennsylvania, Ohio and West Virginia to remake their economies by rebuilding their manufacturing and petrochemical industries, but only if they work together.