Propane

Superior Plus, Charbone Proposing Green Hydrogen Project to Replace Propane in Quebec and Beyond

Superior Plus, Charbone Proposing Green Hydrogen Project to Replace Propane in Quebec and Beyond

A Canadian market test of hydrogen as a substitute for propane is scheduled to start in late 2022 through a commercial trial in Quebec. Toronto-based Superior Plus Corp. said its mobile distribution arm, Superior Propane, would offer hydrogen produced by Montreal environmental energy pioneer Charbone Corp. to its 780,000 commercial and industrial clients. Superior and…

January 21, 2022
Mexico LPG Distributors Warn of Route Closures, Supply Shortages Due to Price Caps

Mexico LPG Distributors Warn of Route Closures, Supply Shortages Due to Price Caps

Mexico’s private distributors of liquified petroleum gas (LPG) on Monday urged authorities to modify their approach to pricing and regulation in the sector amid rising global propane prices ahead of winter. Trade group Asociación Mexicana de Distribuidores de Gas Licuado de Petróleo y Empresas Conexas (Amexgas) said that LPG price caps imposed this summer by…

October 11, 2021
U.S. Propane Prices Hit Seven-Year High, Squeezing Mexico LPG Market

U.S. Propane Prices Hit Seven-Year High, Squeezing Mexico LPG Market

Wholesale propane prices at the main U.S. natural gas liquids (NGL) hub have reached their highest level in more than seven years amid tight global supply and strong demand, according to the latest government figures. The Energy Information Administration (EIA) said wholesale propane prices at Mont Belvieu, TX, increased to an average of $1.33/gal during…

September 29, 2021
U.S. Propane Prices Spike as Europe, Asia Compete for Tight Supplies

U.S. Propane Prices Spike as Europe, Asia Compete for Tight Supplies

Wholesale propane prices at the main U.S. natural gas liquids (NGL) hub have reached their highest level in more than seven years amid tight global supply and strong demand, according to the latest government figures. The Energy Information Administration (EIA) said wholesale propane prices at Mont Belvieu, TX, increased to an average of $1.33/gal during…

September 28, 2021
Antero Warns of Winter Propane Shortages Without Adequate Stock Builds

Antero Warns of Winter Propane Shortages Without Adequate Stock Builds

Executives at Appalachian pure-play Antero Resources Corp., the nation’s second largest natural gas liquids (NGL) producer, are warning that without an adequate build in propane inventories through the fall, the world would be undersupplied this winter.  “U.S. domestic propane buyers will need to outbid export markets this summer to build sufficient inventories for this upcoming…

May 7, 2021
Propane Prices Spike During Winter Heating Season, EIA Says

Propane Prices Spike During Winter Heating Season, EIA Says

A surge in heating demand propelled U.S. propane prices during the 2020-21 winter season, according to a new federal report. Residential propane prices in the United States averaged about $2.30/gal at the close of March, up 43 cents from a year earlier, according to the U.S. Energy Information Administration (EIA). About two-thirds of the natural…

April 8, 2021
Canada’s Propane Exports Up 19% in 2020, with More Growth Said Likely

Canada’s Propane Exports Up 19% in 2020, with More Growth Said Likely

Propane exports from Canada to overseas markets jumped by 19% in 2020, with international sales poised to increase again this year, according to the Canada Energy Regulator (CER). A terminal location on the northern Pacific coast of British Columbia (BC) at Prince Rupert lived up to expectations of giving a competitive advantage to the Alberta-based…

March 16, 2021
EIA Reports Draw on U.S. Crude Stocks, but Petroleum Demand Also Down to Close Out 2020

EIA Reports Draw on U.S. Crude Stocks, but Petroleum Demand Also Down to Close Out 2020

U.S. crude oil stocks declined by 8 million bbl during the week ended Jan. 1, although demand for petroleum products also fell sharply for the period, according to updated statistics published Wednesday by the Energy Information Administration (EIA). EIA said in its latest Weekly Petroleum Status Report that domestic crude inventories, excluding the Strategic Petroleum…

January 6, 2021
AltaGas Expects Increased Propane Exports Thanks to Liquids-Rich Montney Formation

AltaGas Expects Increased Propane Exports Thanks to Liquids-Rich Montney Formation

After a year of overseas sales growth, the pioneer of propane tanker loadings on the north Pacific coast of British Columbia (BC) has doubled the volume authorized for its international traffic in the natural gas byproduct. AltaGas Ltd. has obtained a second 25-year export license for 40,000 b/d from the Canada Energy Regulator (CER). The…

August 25, 2020
AltaGas Eyes Doubling Propane Exports Overseas from BC Terminal

AltaGas Eyes Doubling Propane Exports Overseas from BC Terminal

The Covid-19 pandemic only inflicts a temporary setback on overseas propane shipments as byproduct growth for the Canadian natural gas industry, according to AltaGas Ltd.

June 3, 2020
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