NGL
U.S. NGL Exports Hit Record High Despite China Trade Disruption
U.S. exports of natural gas liquids hit a record high in April despite reduced shipments to China, as global buyers including India and Brazil boosted imports amid shifting trade flows.
NGL Energy Partners Divests 17 NGL Terminals as Part of $270 Million Asset Sale
NGL Energy Partners has completed $270 million in non-core asset sales, including NGL terminals, refined products, and crude railcars, to pay down debt and strengthen its balance sheet.
NeuVentus Gets Green Light for Gas, Liquids Storage at Texas Salt Caverns
NeuVentus received approval to develop 12 salt caverns for gas and liquids storage at its TRU Hub project in Liberty County, Texas. The facility will serve growing demand from LNG, data centers, and industrial users along the Gulf Coast.
Voyager Midstream Acquires Stake in 254-Mile Texas Pipeline System from Phillips 66
The Panola Pipeline, operated by Enterprise Products Partners, originates in Panola County, Texas, and transports Y-Grade natural gas liquids (NGLs) to fractionation facilities in Mont Belvieu, Texas.
ONEOK Pipeline Expansion Projects, NGL Fractionator Completed
ONEOK Inc., completed the MB-6, a 125,000-bpd NGL fractionator in Mont Belvieu, Texas, and the full looping of the West Texas NGL Pipeline system.
MPLX Expands Permian NGL, Natural Gas Takeaway with Gulf Coast Projects
MPLX is ramping up Permian NGL and natural gas takeaway with new pipelines, fractionation facilities, and an LPG export terminal, boosting Gulf Coast capacity.
Phillips 66 Acquires EPIC NGL for $2.2 Billion, Bolstering Permian-to-Gulf Infrastructure
The EPIC NGL business includes two fractionators near Corpus Christi with a capacity of 170,000 barrels per day (bpd), 350 miles of purity distribution pipelines, and an 885-mile NGL pipeline connecting the Delaware, Midland, and Eagle Ford basins to Gulf Coast facilities.
ONEOK Completes NGL Fractionation and Pipeline Expansion Projects
ONEOK Inc. announced the completion of two key natural gas liquids (NGL) infrastructure projects: the MB-6 fractionator in Mont Belvieu, Texas, and the looping of the West Texas NGL Pipeline system.
ONEOK’s Q3 Profit Surges 53% on Rocky Mountain NGL Demand; Annual Forecast Narrowed
ONEOK’s third-quarter profit rose 53%, driven by strong natural gas and NGL demand in the Rocky Mountain region. The pipeline operator narrowed its annual forecast, reflecting growth in its NGL and refined products segments and continued asset expansion.
From Crude to NGL: Understanding the Complexities of Pipeline Conversions
As Enterprise Products Partners LP expands its footprint in the Permian Basin, the conversion of existing pipelines raises both opportunities and challenges. This article delves into the complexities involved in repurposing energy infrastructure, highlighting technical, economic, and safety considerations amid robust production growth.
Criminal Probe Underway After Car Strikes Energy Transfer Pipeline in Houston, Body Found
Human remains were found in a burned-out car that struck an Energy Transfer natural gas liquids pipeline earlier this week in Houston, sparking a criminal investigation, local media reported on Thursday citing officials.
Energy Transfer Pipeline Fire Continues to Burn in La Porte, Texas
Energy Transfer said a fire at its natural gas liquid (NGL) pipeline in La Porte, Texas, which started on Monday, was still burning on Tuesday and a state regulator said it would probably keep burning into the afternoon.
TC Energy's $737 Million Indigenous Pipeline Deal Faces Delay
TC Energy's $737 million deal to sell a minority stake in its Canadian natural gas pipeline system to a consortium of Indigenous communities has been delayed due to a transaction structuring issue, the company said on Tuesday.
Energy Transfer Raises 2024 Profit Forecast on Higher Volumes, Acquisitions
Energy Transfer has raised its full year profit forecast after the U.S. pipeline and storage company posted higher second-quarter profit on the back of strong crude and natural gas liquids (NGL) transportation volumes.
Enterprise to Grow NGL Export Capacity at Houston Ship Channel
Enterprise Products Partners is expanding the company’s NGL export capacity by 300,000 bbl/d in the Houston Ship Channel to meet strong demand.
ONEOK Completes Acquisition of 450-Mile Texas-Louisiana NGL Pipeline System
ONEOK Inc. has completed its acquisition of a system of natural gas liquids pipelines from Easton Energy for approximately $280 million.
Phillips 66 Announces Open Season for Blue Line NGL Transport
Phillips 66 has launched a binding open season to solicit shipper commitments for services from Wichita, Kansas, to Jefferson City, Missouri, and East St. Louis, Illinois, on its Blue Line System.
TC Energy Shareholders Approve Spin-Off of North American Oil Pipeline Business
TC Energy shareholders voted in favor of spinning off the Canadian company's liquids pipeline business on Tuesday, creating a new energy infrastructure firm known as South Bow Corp. whose assets include the Keystone oil pipeline.
Enterprise Launches Open Season for Expanded Diluent Service on TE Products Pipeline
Originating in Mont Belvieu, Texas, the pipeline stretches to the Chicago-area market, providing access to third-party pipelines facilitating diluent transport to Canada. The open season aims to accommodate heightened shipper demand without disrupting existing operations.
Energy Transfer Adds 6,000 Miles of Pipeline with $3.25 Billion WTG Midstream Acquisition
WTG's assets include a 6,000-mile pipeline network that serves the Midland Basin, eight processing plants with a total capacity of 1.3 billion cubic feet per day, and two new plants that are under construction.
ONEOK Agrees to $280 Million Acquisition of Gulf Coast NGL Pipelines
ONEOK Inc. has agreed to acquire a system of natural gas liquids (NGL) pipelines from Easton Energy, a Houston-based midstream company, for approximately $280 million.
Targa Resources Beats First-Quarter Core Profit Estimates on Higher Transportation Volumes
Targa Resources beat Wall Street estimates for first-quarter core profit, as the pipeline operator benefitted from higher volumes of natural gas liquids (NGL) transported through its system.
Pipeline Firm ONEOK Posts Higher Fourth-Quarter Profit on Strong Volumes
ONEOK, which has about 50,000-mile long network of pipelines, said its Rocky Mountain region natural gas liquids (NGL) raw feed throughput volumes rose by 20%, compared to last year.
Energy Transfer Reports Higher Q4 Earnings, Expects Growth in 2024 on NGL Demand
Energy Transfer reported on Wednesday higher adjusted earnings for the fourth quarter of 2023 on the back of increased demand for natural gas liquids (NGL) and forecast earnings would grow in 2024.
Pipeline Operator Targa Resources Expects Profit Growth in 2024 on Strong NGL Transport, Processing
Pipeline operator Targa Resources said on Thursday it expects higher core profit for full-year 2024, helped by its natural gas processing facilities in the Permian, LPG exports and high transport volumes of natural gas liquids (NGL).
Exolum to Acquire 50% Stake in Houston Ammonia, NGL Storage Terminal from Moda Midstream
Exolum has agreed to acquire a 50% interest in Vopak Moda Houston LLC, an ammonia storage, import and export terminal located on the Houston Ship Channel, from Moda Midstream LLC.
Plains All American Raises Profit View on Higher Pipeline Volumes, Deals
Plains All American Pipeline on Friday raised its full-year profit forecast after posting better-than-expected third-quarter earnings, as the pipelines and storage company moved higher volumes of crude and natural gas liquids.
Energy Transfer's Crude, NGL Transportation Volumes Hit Record in Q3
Midstream company Energy Transfer reported on Wednesday higher earnings for the third quarter versus the same time last year, with natural gas liquids (NGL) and crude transportation volumes hitting a company record.
Enterprise Reveals Permian Growth Projects; Takes Seminole Pipeline Out of Crude Oil Service
(P&GJ) — Enterprise Products Partners L.P. has announced four new capital projects in the Permian Basin and also revealed that it has begun initial steps to return the Seminole Pipeline, which has a capacity of 210,000 bbl/d of crude oil, to natural gas liquid (NGL) transportation service in December 2023.
CER Commission Recommends Approval of NorthRiver Midstream Connection Project
(P&GJ) — The Commission of the Canada Energy Regulator (CER) recommended approval of NorthRiver Midstream's NEBC Connector Project on Oct. 18. The project involves constructing and operating two parallel, 215-km (134-mile) natural gas liquids pipelines from B.C. to Alberta.
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Panama Canal Considers Pipeline to Move U.S. Gas to Asia
- Gazprom’s Grandeur Fades as Europe Moves Away from Russian Gas
