The recent Siberian blast sent natural gas prices surging upward at Transco and Algonquin Citygate hubs, but overall prices were relatively flat.
Oil price declines have narrowed the pricing gap between diesel and LNG, making the case for conversion less economic.
Though ethane margins turned negative, the theoretical NGL barrel price reached its highest level of the year.
Wall Street Journal senior energy reporter Russell Gold tracks the historic shift in energy markets and says they may be permanently changed.
Ethane markets are improving, but butane is still most preferred feedstock.
For the first time in 2015, C5+ prices pushed past the $1/gal threshold.
Valero Energy Partners, based in San Antonio, will receive the outstanding membership interests in Valero Partners Houston LLC and Valero Partners Louisiana LLC.
Export restrictions, a boon to refiners, hurt oil producers, Hamm said Feb. 27 in an interview on CNBC.
The pipeline will transport various grades of crude oil from the D-J Basin, and potentially the broader Rocky Mountain area resource plays, to storage facilities in Cushing, Okla.
Key North American Hub Prices: February 26, 2015
Key North American Hub Prices: February 25, 2015
Report: Local policies are ‘largely irrelevant to the broader U.S. natural gas market.’
Enterprise will continue to serve as operator of the Panola Pipeline and own the remaining 55% interest.
Magnum Development owns and operates a natural gas liquids storage facility near Salt Lake City.
Royal Dutch Shell plc has signed a heads of agreement with the Iraqi government for the development of a major petrochemicals complex in the south of the country, a Shell spokesman confirmed on Jan. 28.
Chevron Phillips Chemical Co. plans to build a polyethylene (PE) pilot plant at its research and technology facility in Bartlesville, Okla.
Williams Partners LP announced its expanded Geismar plant is in the final stages of commissioning and now expects ethylene production for sale to begin in December.
BP plans to invest more $200 million to upgrade its purified terephthalic acid (PTA) plants at Cooper River, S.C., and Geel, Belgium, the company said in a statement on Nov. 17.