The U.S. government’s decision to proceed with imposing sanctions on Venezuelan state-owned oil and natural gas company PDVSA could raise prices on 20 million barrels of U.S. crude products, and potentially hurt U.S. economic growth.
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AltaGas says it has about 75 percent of its supply secured for the Canadian Ridley Island Propane Export Terminal.
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Astomos Energy plans to purchase 50 percent of the propane exported from AtlaGas’ Ridley Island Export Terminal in Prince Rupert, British Columbia, Canada.
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U.S. crude and petroleum exports increased in recent years, and propane exports have accelerated significantly, the Energy Information Administration reports.
Read More Increased propane production levels and U.S. export demand tied to decreased domestic demand have put the topic of propane supply at the forefront of many retailers’ minds.
Read More The LP gas market in Latin America faces complex challenges driven by a number of factors, including U.S. shale gas exports, according to IHS Markit.
Read More Rapid growth in propane exports drove U.S. petroleum product export growth in the first half of 2016.
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The expanded Panama Canal is now open for commercial transit.
Read More AltaGas LPG Limited Partnership, a subsidiary of AltaGas Ltd., entered an agreement with Astomos Energy Corp. to set…
Read More Enterprise Products Partners LP executed additional long-term contracts with customers to export about 125 million aggregate barrels of…
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