Analysts with U.S. Capital Advisors LLC (USCA) said natural gas liquids (NGL) prices are still “trying to find a floor,” thanks largely to a more than 60% collapse in propane and butane prices, as propane inventories increase and several midstream companies begin to emerge as takeover targets and acquirers.
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Marcellus Ethane Exports Set to Begin This Year
U.S. ethane shipments to Europe are on track to begin later this year, with petrochemical giant INEOS Europe AG last month accepting delivery of the first ship in an eight-vessel fleet that would specialize in the intercontinental deliveries, according to the Energy Information Administration.
Marcellus Ethane Exports Set to Begin This Year
U.S. ethane shipments to Europe are on track to begin later this year, with petrochemical giant INEOS Europe AG last month accepting delivery of the first ship in an eight-vessel fleet that would specialize in the intercontinental deliveries, according to the Energy Information Administration.
Appalachian Basin Gains One Ethane Cracker Project, But Loses Another
A day after an Asian partnership said it has selected an undisclosed location in Belmont County, OH, for a multi-billion-dollar ethane cracker, it was confirmed that a pair of South American companies would put on hold plans for a similar project in West Virginia.
Appalachian Basin Gains One Ethane Cracker Project, But Loses Another
A day after an Asian partnership said it has selected an undisclosed location in Belmont County, OH, for a multi-billion-dollar ethane cracker, it was confirmed that a pair of South American companies would put on hold plans for a similar project in West Virginia.
U.S. to Remain Leading Petrochemical Feedstock Supplier For Decades, Say Experts
U.S. midstream operators should keep their eyes on a long-term view of the markets and less on the current commodity prices because the country will remain one of the biggest natural gas liquids (NGL) suppliers for decades, according to industry experts.
U.S. to Remain Leading Petrochemical Feedstock Supplier For Decades, Say Experts
U.S. midstream operators should keep their eyes on a long-term view of the markets and less on the current commodity prices because the country will remain one of the biggest natural gas liquids (NGL) suppliers for decades, according to industry experts.
ATEX Expected to Return to Service by Friday
Enterprise Products Partners LP (EPD) said Wednesday that repairs on its Appalachia-to-Texas Express (ATEX) ethane pipeline, which ruptured Jan. 26, are complete and that it expects the 1,265-mile line to be back in full-service on Friday.
Ohio Valley Ethane Pipeline Still Shut After Xmas Eve Fire
Williams Partners LP’s Ohio Valley Ethane Pipeline is still out of service as the company assesses damage from a fire that broke out at a metering station on Christmas Eve in southwest Pennsylvania, a company spokeswoman confirmed Tuesday.
India’s Reliance Contracts for U.S. Ethane
India’s Reliance Industries has agreed to procure 1.5 million metric tons per year of ethane from the United States to produce ethylene at a new cracker in India, according to press reports.