U.S. propane exports have been driving increases in U.S. petroleum product exports for the past four years, the U.S. Energy Information Administration reports.
Read More The companies agreed on a deal in August in which Energy Transfer would acquire Crestwood in an all-equity transaction valued at about $7.1 billion.
Read More Enterprise Products Partners started service at its 12th natural gas liquids (NGL) fractionator and its second propane dehydrogenation plant (PDH 2) in Texas.
Read More Enterprise Products Partners started service at its Poseidon cryogenic natural gas processing plant in Glasscock County, Texas.
Read More Midstream operators are readying assets for the additional growth in fractionation capacity to separate the liquids into their respective purity products.
Read More ONEOK agreed to resolve its claim for total insurance payments of $930 million following a July 2022 incident at its NGL facility in Medford, Oklahoma.
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Phillips 66 plans to acquire all of the publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit.
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Targa Resources Corp. agreed to acquire Blackstone Energy Partners’ 25 percent interest in Targa’s Grand Prix NGL Pipeline for $1.05 billion in cash plus customary working capital adjustments.
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Phoenix Park Energy Marketing completed its purchase of a propane terminal in Rush City, Minnesota, from Interstate Fuel & Energy.
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Mark Rachal with Cost Management Solutions examines how a potential propane rejection could impact supply and pricing this winter.
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