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…
Propane
Articles from Propane
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
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
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
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
NGI The Weekly Gas Market Report
NGLs Emerge as ‘Small Silver Lining’ for U.S. Producers Amid Coronavirus Pandemic, Oil Downturn
Natural gas liquids (NGL) production in the United States could prove a relative bright spot in an otherwise grim run for the energy sector.
May 13, 2020
Enterprise Sanctions Another NGL-Driven PDH Plant for Mont Belvieu
Enterprise Products Partners LP on Thursday pulled the trigger to build a second propane dehydrogenation (PDH) plant at its Mont Belvieu complex in Texas, in partnership with petrochemical giant LyondellBasell Industries NV.
September 26, 2019
Appalachian Petrochemical Prospects Abound on Cost-Advantages, IHS Says
Prospects for a wide variety of chemical manufacturing in the Appalachian Basin are robust as low-cost methane, propane and butane supplies are expected to continue increasing in the coming years, according to a study released last week by IHS Markit.
March 26, 2019
Pembina Aims for 2023 Ramp of Alberta Petrochemical Plant
Pembina Pipeline Corp. has set a target of 2023 to start up production in Alberta from a C$4.5 billion ($3.4 billion) petrochemical project with its Kuwait partner.
February 5, 2019
Canada Issues New Export License as Propane Supplies Grow
Projected surplus Canadian propane supplies available for export grew Tuesday to 285,000 b/d, when the National Energy Board (NEB) granted the fourth permit for foreign sales from the Pacific coast.
August 10, 2018
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