Prices - PetroChemical

Saudi Arabia Plans Oil Refinery, Petchem Plant In South Africa

Saudi Arabia plans to build an oil refinery and petrochemicals plant in South Africa as part of $10 billion of investments in the country, Saudi Energy Minister Khalid al-Falih said on Jan. 18 after talks with his South African counterpart.


Frac Spread: Snow Doubt Gas Price Is Rising

Winter storm is spurring higher demand for gas, but NGL prices are mostly static.

Joseph Markman

Mexico Pipeline Problem Eyed In US Gulf Coast Gasoline Build

Refined products are stockpiled following closure of fuel pipelines.


EIA: US Crude Oil Stockpiles Fall More Than Expected

On the East Coast, U.S. crude oil stockpiles fell to the lowest level since October 2014, the EIA said.


Frac Spread: A Comforting Start To The Year

Ethane is much stronger than it was 12 months ago and margins widen across the board.

Joseph Markman

EIA: US Crude Oil Stocks Fall Less Than Expected

Crude oil stocks at the Cushing, Okla., delivery hub for U.S. crude futures rose 330,000 barrels, the Energy Information Administration said in its weekly report.


Shell Starts Production At New Petrochemicals Unit In US Gulf Coast

Shell Geismar becomes largest alpha olefins producing site in the world.

Frac Spread: Has The Year Of Pricing Dangerously Begun?

NGL margins benefit from exports and weakened gas prices, but global economic concerns are mounting.

Joseph Markman

CorEnergy Sells Portland Terminal To Zenith Energy In $61 Million Deal

The Portland Terminal was purchased by CorEnergy in January 2014 for $42 million, with the company investing an additional $10 million for improvements in the asset.

Frac Spread: Coming Soon From The North Pole—Higher Gas Prices

An expected weakening of the polar vortex in late December could result in a chilly January.

Joseph Markman

SOCAR, BP Explore Creation Of Petrochemicals JV In Turkey

BP and SOCAR Turkey have signed a heads of agreement to evaluate the creation of a joint venture that would build and operate a world-scale petrochemicals complex in Turkey.

Hart Energy Staff

Frac Spread: Kansas Ethane, I’ve A Feeling We’re Not In Single Digits Anymore

The ethane spread between Conway and Mont Belvieu has narrowed dramatically since the summer.

Joseph Markman


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