Petrochemicals

Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Crude Oil , Storage

Frac Spread: NGL Prices Struggle; Is Rescue At Hand?

A slew of issues, including high inventories, sluggish exports and delays in cracker startups, dog NGL and push ‘barrels’ to early-2016 levels.

August 22, 2019

Petrochemicals , Acquisitions & Divestitures

Aramco’s Motiva To Buy Port Arthur, Texas Chemical Plant

Motiva, the U.S. refining arm of Saudi Aramco, plans to operate the Flint Hills chemical plant while it builds three giant petrochemical units within its Port Arthur complex.

August 20, 2019

Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Crude Oil , Trade , Storage

Frac Spread: Economy Wobbles … Will It Fall Down?

The Mont Belvieu NGL ‘barrel’ joins global crude oil, the stock markets and the Chinese and German economies on a bad news binge.

August 15, 2019

Petrochemicals , Policy & Regulations

Trump Promises More Big Energy Projects At Pennsylvania Shell Cracker

President Donald Trump told workers on Aug. 13 at a $6 billion petrochemicals plant being built in western Pennsylvania that more big U.S. energy projects were coming as his administration rolls back environmental regulations.

August 13, 2019

Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Crude Oil , Storage

Frac Spread: Energy Prices Could Be Worse … And Probably Will Be

Fears of a global economic slowdown and continued storage increases have spooked traders.

August 8, 2019

Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Policy & Regulations , Storage

Frac Spread: At This Rate, Will Oil And Gas Be OK?

Ethane tumbles to another record low; the Fed tries to defend against global economic weakness.

August 1, 2019

Petrochemicals

Fire Breaks Out At Exxon Mobil Facility In Baytown, Texas

Updated: Exxon Mobil said it was fighting a fire that erupted on July 31 at its Baytown, Texas, refining and chemical plant complex, injuring 37 workers and sending nearby residents indoors.

July 31, 2019

Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Crude Oil , Storage

Frac Spread: Price Movements Signal Economic Worries

Ethane’s Mont Belvieu margin emerges from negative territory.

July 25, 2019

Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Crude Oil , Storage

Frac Spread: Prices Bounce, Margins Improve

Margins mostly improve but ethane’s remains in negative territory.

July 18, 2019

Exploration & Production , Petrochemicals , Crude Oil , Midstream

Storm Barry Cuts US Gulf Coast Oil Production In Half

An intensifying tropical storm in the U.S. Gulf of Mexico cut more than half the region's oil production, with energy companies evacuating staff from offshore facilities and a coastal refinery.

July 12, 2019