Pre-downturn sanctioned projects are expected to grow offshore production next year, but the cancellation of pre-FID projects could create a ‘supply crunch’ later, report says.
NGL barrel enjoys strong bounce in second quarter over first, but prices ease over past week.
Continued rise in oil, natural gas prices lifts all NGL except for Conway natural gasoline.
Volatile pricing, pipeline capacity concerns could hinder growth of Canadian oil sands production, but output still expected to rise.
Price retreat by crude oil and natural gas drags NGL down for third straight week.
NGL prices fell this week as the crude price rally looks to have ended with West Texas Intermediate (WTI) prices falling two straight weeks.
Harold Hamm, who endorsed Trump in April and spoke at the Republic National Convention on July 20, shrugged at the notion.
The market is concerned that gasoline supply will not clear up in the second half of 2016, causing refinery run cuts and another wave of excess crude, a North Carolina-based trader said.
The company is planning to offload its stake in the onshore U.K. Oil Pipeline (UKOP), which it co-owns as part of a consortium with Shell, Valero Energy and Total, the report said.
Real-time data evaluation critical to integrity management of underground natural gas storage.
Key North American Hub Prices: July 22, 2016
Key North American Hub Prices: July 21, 2016
Targa, ONEOK differ in abilities to transport ethane via own NGL pipelines.
Brown will oversee the company’s global business development functions across the Houston company's business segments. He brings more than 25 years of energy banking experience to this new role, according to the release.
Enterprise Products Partners has loaded its first two vessels with polymer-grade propylene (PGP) for export at the Enterprise Hydrocarbons Terminal (EHT) along the Houston Ship Channel, adding a new service at this facility.
The Pasadena terminal project will cost about $335 million, including the acquisition of land.