Tallgrass Energy Partners LP announced its initial public offering of 13,050,000 common units representing limited partner interests at the public offering price of $21.50 per common unit.

Mont Belvieu and Conway NGL prices continued to approach parity in several cases the third week of May.

However, natural gas prices were able to grow in the month as there was sufficient cooling demand in the early part of April to help prices trend up.

“New supplies will add depth and stability to global market,” the country’s minister of petroleum and mineral resources said.

Energy commodity prices dipped this week as consumer demand remains down during the shoulder season. Natural gas prices experienced very large price decreases with NGL prices falling at a slower rate at both hubs the first week of May.

Natural gas liquids (NGL) prices were up across the board at both hubs the final week of April. These increases improved frac spread margins at both Conway and Mont Belvieu.

‘The dynamics for oil are following exactly the same playbook as natural gas,’ economist says.

The price for Gulf Coast crude oil is destined to fall as did natural gas and gas liquids prices previously, says David Pursell, managing director, head of securities for Tudor, Pickering, Holt & Co.

‘Unprecedented change’ is happening in the U.S. crude marketplace.

Crude prices to decrease as domestic production soars, according to report.

Natural gas prices continued to grow the week of April 17 as cooling demand remained solid and gas-directed drilling is still well behind liquids production.

The improved prices for natural gas liquids (NGL) experienced throughout much of early 2013 provided producers and operators with an incentive to increase production, which has started to overwhelm the market once again.

The month of March was very good for natural gas producers, public utilities and pipeline operators, but it saw a downturn in heavy natural gas liquid (NGL) prices

In the early part of spring, many Northeast residents went from heating their homes to cooling them at a similar usage level.

The winter of 2012-2013 arrived late, but had a long-lasting effect as high heating demand has helped support propane and natural gas prices and drive storage levels below the five-year average for the first time in several years.

The natural gas pipeline trade group Interstate Natural Gas Association of America issued a report finding that, although the FERC review of permit applications is effective, other agencies can cause delays in the process.

Light natural gas liquids (NGL) prices continued to gain strength as the spring approaches with supply-and-demand levels reaching equilibrium thanks to heating demand, increased fractionation and liquefied petroleum gas (LPG) export capacity.

Colder-than-normal temperatures in the Northeast and Midwest continued to support natural gas and propane prices the week of March 13, as heating demand remained very high.

The reason for this change is that ethane rejection through much of the second-half of 2012 and early 2013 are having a positive effect at bringing supplies to meet demand levels.

Light natural gas liquid (NGL) prices showed improvements the week of February 20, but the overall NGL barrel (bbl.) price decreased as crude prices have turned bearish the last few weeks.

A downturn in crude oil prices the week of February 13, which caused the price to drop below $95 per barrel (/bbl.), saw heavy natural gas liquids (NGL) prices to fall in the latter stages of the week.

The abundance of natural gas from U.S. shale plays is a tremendous resource, but low prices are frustrating gas producers.

UOP LLC was selected to provide key technology to produce propylene in China.

Securing natural gas feedstock in the Middle East has become increasingly difficult in the last few years, threatening the region’s dominance as the most economical petrochemicals producer.

Aither Chemicals believes it has a competitive advantage when it comes to building a petrochemical plant in the Northeast.

Shell is developing plans to build a world-scale ethylene cracker with integrated derivative units in the Appalachian region of the U.S.