Propane

Larger Panama Canal Means Most to U.S. Propane Exports, EIA Says

Larger Panama Canal Means Most to U.S. Propane Exports, EIA Says

When the third set of locks at the Panama Canal opens for business Sunday, it will mark the historic widening of the canal and improve the economics of shipping petroleum and other products. U.S. propane exports will see the greatest benefit, at least for now, according to the U.S. Energy Information Administration (EIA).

June 23, 2016

Pembina, Kuwait Petroleum Unit Evaluating Alberta Petchem Complex

Calgary-based Pembina Pipeline Corp. and a subsidiary of Kuwait Petroleum Corp. (KPC) are evaluating the possibility of partnering on a world-scale combined propane dehydrogenation (PDH) and polypropylene upgrading facility in Alberta.

April 12, 2016

Pembina, Kuwait Petroleum Unit Evaluating Alberta Petchem Complex

Calgary-based Pembina Pipeline Corp. and a subsidiary of Kuwait Petroleum Corp. (KPC) are evaluating the possibility of partnering on a world-scale combined propane dehydrogenation (PDH) and polypropylene upgrading facility in Alberta.

April 12, 2016
U.S. NGL Prices Recovering Faster Than Crude, Report Finds

U.S. NGL Prices Recovering Faster Than Crude, Report Finds

Despite the warmest winter on record, U.S. natural gas liquids (NGL) prices are recovering faster than crude oil, thanks in large part to strong growth in propane and butane exports and slowing domestic shale gas production, according to report by BofA Merrill Lynch Global Research.

March 11, 2016

EIA: U.S. Propane Exports Climbing, Spanning Globe

Significant production growth in recent years has helped establish the United States as a net propane exporter, with an increase in export capacity now allowing domestic propane to reach markets across the globe, according to a recent report by the Energy Information Administration (EIA).

November 5, 2015
EIA Reports U.S. Propane Inventories at All-Time High

EIA Reports U.S. Propane Inventories at All-Time High

Almost two years removed from a severe shortage of propane, the United States is currently sitting on a record inventory, according to the U.S. Energy Information Administration (EIA), which said nearly all of the stockpiled increase for the past year came from six Gulf Coast states.

September 21, 2015

Sunoco Launches Open Season for Third Mariner East Pipeline

Sunoco Logistic Partners LP is holding a binding open season for a third Mariner East pipeline to deliver Appalachian natural gas liquids (NGL) to its Marcus Hook Industrial Complex on the Delaware River south of Philadelphia.

September 14, 2015
Range Resources Expecting Pair of 2H2015 NatGas Pipeline Projects to Ease Pricing Pain

Range Resources Expecting Pair of 2H2015 NatGas Pipeline Projects to Ease Pricing Pain

A pair of natural gas pipeline projects scheduled for completion this year and participation in several others through the end of 2017 should help smooth what has lately been a bumpy road for Range Resources Corp., the Houston-based operator said Wednesday.

July 29, 2015

Analysts Say NGL Price Outlook Grim, Midstream Consolidation Possible

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.

July 9, 2015

Analysts Say NGL Price Outlook Grim, Midstream Consolidation Possible

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.

July 9, 2015