Prices - PetroChemical

Frac Spread: Say What? Markets Greet News With Agony, Ecstasy

NGL prices slump as doubt about OPEC’s production cut and a warm winter cast gloom.


Energy Transfer To Construct Fifth Fractionation Facility At Mont Belvieu

Energy Transfer To Construct Fifth Fractionation Facility At Mont Belvieu


Frac Spread: Peak Oil Is Back ... Not

The long-term outlook for NGL is bright, even with last week’s declines.


Frac Spread: NGL Might Be Cat’s Pajamas, But Watch The Trends

Short-term NGL price jolts are ephemeral, but long-term plans carry risk as well.


BW LPG Vessel, Fuel Oil Ship Impounded After Spill Offshore India

BW Maple, with a total capacity of 82,000 cubic meters of LPG, was half-full when it collided near Chennai, India, with the Indian ship Dawn Kanchipuram on Jan. 28, Reuters reported.



U.S. refiners must adjust to a rapidly changing crude slate as downstream-facing midstream operators respond to maximize sourcing optionality.


Shell Mozambique, Norway's Yara Receive Offshore Mozambique Gas Development Projects

Mozambique, which has vast offshore gas resources, awarded gas development projects to Norway's Yara International, Shell Mozambique and GL Energy Africa, the National Petroleum Institute (NPI) said on Jan. 30.


Frac Spread: Optimism Bridges Gap Between Ethane, Propane Price Trends

Higher demand remains a long-term certainty despite the volatile near-term NGL market.


Magellan Shuts Iowa Refined Products Pipeline After Diesel Leak

Weather conditions, including high winds and blowing snow, are impacting cleanup efforts, the Iowa Department of Natural Resources said in an emailed statement, Reuters reported.


Capital Properties Sells Rhode Island Petroleum Storage Facility To Sprague

The terminal's combined distillate storage capacity—just over 1 million barrels—was exclusively leased by Sprague beginning in May 2014.


Shell Chemical Appalachia Will Build Petrochemical Complex In Pennsylvania

Polyethylene is a plastic used in many products, from food packaging and containers to automotive components. Ethane, a natural gas liquid, is the U.S. chemical industry's main feedstock.


Frac Spread: Can President Make NGL Prices Great Again?

During the Obama years, NGL prices recovered from the Great Recession.