The ethane spread between Conway and Mont Belvieu has narrowed dramatically since the summer.
It’s beginning to look a lot like a tight natural market everywhere you analyze, says Stratas Advisors.
The C$265 million sale to Enbridge consists of Leismer pipelines and a Cheecham storage terminal serving the Leismer oil sands and Corner projects in Athabasca’s Alberta thermal oil business.
Higher gas prices, narrower NGL margins and an ethane market on track for a spike decorate the outlook.
Enbridge agreed to sell its Enbridge Gas New Brunswick business, which analysts said will add dry powder to the Calgary, Alberta-based company’s balance sheet.
Soaring natural gas prices outpace increases in NGL; crude’s decline is linked to trader worries about an economic slowdown.
Getting molecules to market is key, Johnson tells Hart Energy’s Steve Toon.
Natural gas prices ramp up as NGL prices slide.
TransCanada remains "fully committed" to the Keystone XL pipeline as it reviews a recent decision by a Montana judge to block construction of the $8 billion project, a company executive says.
A federal judge in Montana halted construction of the Keystone XL oil pipeline on Nov. 8 on the grounds that the U.S. government did not complete a full analysis of the environmental impact of the TransCanada Corp. (NYSE: TRP) project.