The phasing out of the Federal Production Tax Credit will mean a decline in new wind projects and increased operating and maintenance on older assets.
Should the move succeed, it would mark the exit of Kinder Morgan from Canada, having closed its sale of the Trans Mountain pipeline at the end of last month.
Mont Belvieu ethane is up 110% for the year and surpasses 44 cents per gallon for the first time since 2012.
ONEOK Inc. (NYSE: OKE) revealed plans to invest approximately $295 million to expand its West Texas LPG pipeline system on Sept. 10, which provides NGL takeaway capacity for Permian Basin producers.
Resumption of dramatic price trends underscores the import of exports.
Balances are tight, even considering the impact of Harvey in 2017, which could support higher prices into the fall.
Energy Transfer secures the top NGL producer ranking in Hart Energy’s annual survey while MarkWest Energy retains the top gas processor ranking.
Mexican president-elect Andres Manuel Lopez Obrador welcomed a deal between Mexico and the U.S. to overhaul the North American Free Trade Agreement (NAFTA) that he said preserved Mexican “sovereignty” in the energy sector.
President Donald Trump said on Aug. 25 that the U.S. could reach a "big Trade Agreement" with Mexico soon.
Underutilization paired with project delays are driving Mexico’s demand for U.S. LNG and without north-to-south buildout, analysts don’t expect this dynamic to change soon.