Markets are looking past the vortex; NGL margins are on a roll.
Rating agency Fitch downgraded the credit rating of Mexican state oil company Pemex on Jan. 29, sending the peso currency falling in early trading in Asian markets.
Government seeks to free up $580 million to boost company’s sagging production.
In the short term, a potential war makes the crude oil situation dicey at best.
A blast at a gasoline pipeline in Mexico that killed at least 89 people has put renewed attention on the government's strategy to stop fuel theft.
Texas State Senator Brian Birdwell advised the Texas Pipeline Association against complacency simply because the Trump administration is oil and gas friendly.
Winter storm is spurring higher demand for gas, but NGL prices are mostly static.
Refined products are stockpiled following closure of fuel pipelines.
Kinder Morgan, which holds about 70% majority voting interest in Kinder Morgan Canada, has hired investment bank TD Securities to facilitate a potential sale of its Canadian business.
Mexican President Andres Manuel Lopez Obrador said on Jan. 15 that widespread fuel theft extended to oil drilling platforms and he pledged to take actions to alleviate shortages sparked by his crackdown on gasoline thieves.