Lone Star NGL LLC, the joint venture between Energy Transfer Partners LP and Regency Energy Partners LP, will construct a 533-mile, 24- and 30-inch diameter NGL pipeline from the Permian Basin to Mont Belvieu, Texas.
Crude oil prices continue to fall as geopolitical issues impact both the West Texas Intermediate (WTI) and Brent markets. The WTI price fell below $75 per barrel (/bbl), nearing a level that could halt some U.S. unconventional production.
The midstream’s job today amounts to nothing less than “repiping North America,” according to a wide-ranging midstream panel discussion featured at the INGAA Foundation’s 2014 annual meeting.
A new “age of gas” may be dawning in the worldwide energy industry that will alter assumptions about supply, demand and cost, a GE Oil & Gas economist told the INGAA Foundation at its annual meeting.
Saudi Arabia’s mandate to continue crude production even as prices fall below $80 per barrel could have long-term impacts on U.S. markets.
Sunoco Logistics Partners LP announced a successful open season for Sunoco Pipeline LP’s Mariner East 2 project.
Rex Tillerson gave Asia Society luncheon attendees insight into North America’s role in the changing global energy landscape.
Williams Partners LP announced Oct. 29 it expects its expanded Geismar Olefins plant to begin manufacturing ethylene for sale in November. That time line is consistent with the financial guidance the partnership provided in July.
ONEOK Partners LP agreed to acquire NGL pipelines and related assets from Chevron Corp. affiliates for about $800 million.
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.
The U.S. Energy Information Administration (EIA) is expanding the State Heating Oil and Propane Program (SHOPP) for the winter heating season of 2014 to 2015.
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).