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.
The project now awaits an administration decision on whether to allow it.
Crude traded near $50 a barrel in New York before U.S. government data on inventory levels in the world’s biggest oil consumer.
The flood of oil inundating the U.S. Midwest is about to cascade down to the Gulf Coast.
President Barack Obama said a decision on whether to approve the Keystone XL pipeline is possible in weeks or months.
Tennessee Gas Pipeline Co. finalized its anchor shippers for the market path component of the proposed Northeast Energy Direct project.
Morgan Stanley Infrastructure Partners sent offering documents to potential bidders.
Golar LNG Ltd. and Rosneft Oil Co. will cooperate in the areas of floating liquefaction (FLNG) and transportation of natural gas.
Key North American Hub Prices: March 3, 2015
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.