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Connecting upstream production to the downstream sector and putting midstream in the center of it all.
The project will include 6 storage tanks, a marine loading berth and a pipeline.
Higher NGL prices combined with slumping natural gas prices to producer expanded margins.
A slew of issues, including high inventories, sluggish exports and delays in cracker startups, dog NGL and push ‘barrels’ to early-2016 levels.
New projects will total $170 in improvements to Pasadena and Galena Park terminals.
The Mont Belvieu NGL ‘barrel’ joins global crude oil, the stock markets and the Chinese and German economies on a bad news binge.
Fears of a global economic slowdown and continued storage increases have spooked traders.
Ethane tumbles to another record low; the Fed tries to defend against global economic weakness.
Natural gas storage is filling up at a quick pace, but increased demand is keeping the market balanced for now.
Stratas Advisors’ take on OPEC’s effort to return OECD stock levels to the 2015 five-year average.
Ethane’s Mont Belvieu margin emerges from negative territory.
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