Teague expects crude exports to grow.
The Marcellus and Utica shales provide enormous volumes of natural gas and NGLs for export outside the region, but what about the region itself? How are gas-use trends and industrial development evolving within Appalachia and which areas of industrial growth might be good targets for the future?
This operator shares how its position in the rich-gas regions of the basin gives it a fiscal advantage, and how it is wringing the most value from its NGL production.
Shell, which decided to build the plant in 2016, has not provided a cost estimate for the facility. Analysts have estimated the project will cost $6 billion to $10 billion.
Households in lockdown ramped up purchases for cooking; petrochemical output has increased to make protective gear.
Demand for energy storage has soared as the COVID-19 pandemic crushed fuel demand, spurring oil producers and traders to fill storage facilities across the U.S.
An industry veteran says current commodity price shocks and the new coronavirus pandemic may change the fundamentals of the oil and gas sector.
The Thai chemical company said it chose the Ohio site for the proposed ethane cracker because it is located in the Marcellus and Utica shale region, the biggest U.S. natural gas shale formation.