NGL

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.

Keyera Completes 357-Mile Key Access Pipeline System

(P&GJ) — Keyera Corp. has successfully completed the Key Access Pipeline System (KAPS), a 575-kilometer (357-mile) NGLs and condensate pipeline. It will transport 350,000 barrels per day (bbl/d) of NGL and condensate from the Montney and Duvernay basins to Keyera's processing hub in Alberta's Industrial Heartland, Fort Saskatchewan.

Challenges of Converting Pipelines to Hydrogen Service

(P&GJ) — ASME B31.8, ASME B31.4, and CSA Z662 have well-deserved international reputations as best-in-class, evidenced by their frequent reference by documents within other jurisdictions. However, the standards don't contain explicit requirements to address the design, construction and operational challenges presented by transporting gaseous hydrogen at transmission pressures.

Energy Transfer Reports Lower Q2 Earnings, Weighed by Natural Gas Prices

Last week, U.S. midstream company Energy Transfer reported lower earnings for the second quarter despite higher transport volumes in most energy product segments versus a year ago.

Enterprise Starts New Texas NGL Fractionator, Adding 150,000 bpd of Capacity

(P&GJ) — Enterprise Products Partners LP has announced the start of service at its 12th natural gas liquids (NGL) fractionator in Chambers County, Texas, adding an incremental 150,000 barrels per day (bpd) of nameplate capacity.

Venture Global LNG's Calcasieu Pass 2 Project Gets Final U.S. Environmental Nod

Venture Global LNG's proposed Calcasieu Pass 2 project in Louisiana has received FERC's environmental approval, clearing the way for a final vote by the commission on expanding the company's natural gas liquefaction facility.

Enterprise Products Begins Service at New Midland Basin Gas Processing Plant

(P&GJ) — The new plant, the company’s sixth in the Midland Basin, has a nameplate capacity of 300 million cubic feet per day and can extract more than 40,000 barrels of natural gas liquids per day.

Targa NGL Pipeline Launches Open Season for Planned Interconnection

Targa NGL Pipeline Company has launched an open season to gauge shipper interest in a planned interconnection with upstream pipeline facilities in Stephens and Grady counties, Oklahoma, to Mont Belvieu, Texas.

EPIC Y-Grade Completes NGL, Ethane Pipeline System from Corpus Christi to Sweeny, Texas

EPIC Y-Grade announced the completion of its 165-mile pipeline from the EPIC Robstown, Texas, fractionation complex, to the Sweeny fractionation and storage complex, which includes Phillips 66 and Chevron Phillips Chemical.

Energy Transfer Completes DAPL Expansion, Updates Pipeline Projects

Energy Transfer said it has completed a phased expansion of Dakota Access Pipeline that boosted capacity to 750,000 bpd from 570,000 bpd even as it waged a legal battle for survival.

ESAI: Era of Peak Demand Growth for NGLs' Nears End

The era of "peak demand growth" for natural gas liquids will come to an end by 2025, according to ESAI Energy's newly published Global NGL 5-Year Outlook.

Croatia Kicks Off LNG Terminal in North Adriatic

Croatia's LNG terminal on the northern Adriatic island of Krk began operations amid the first delivery of gas, said the company which runs the unit.

LNG Import Terminals Add-Ons Boast Advantages

North American LNG exporters are sounding more confident about the prospects for new projects in 2021 due to a recent rally in prices driven by surging Asian demand, even as most industry analysts expect next year to be another difficult one.

US LNG Exports Set Record as 2020 Closes

Gas / News / NGL

During the summer of 2020, monthly exports of LNG from the United States were the lowest in 26 months but have since increased, and in November

T.D. Williamson Crews Isolate Burning NGL Pipeline for Repair

Crews at T.D. Williamson isolated a ruptured 14-inch NGL pipeline, while gas continued to flare off, enabling them to repair the system while it remained in service.

Pennsylvania Orders Sunoco to Reroute Section of Mariner East 2 Pipeline

Environmental regulators in Pennsylvania have ordered Sunoco Pipeline, a unit of Energy Transfer, to reroute a section of the company's Mariner East 2 natural gas liquids (NGL) pipeline.

Energy Transfer Announces Completion of Lone Star Express Pipeline Expansion Project

Energy Transfer has completed the expansion of its Lone Star Express natural gas liquids pipeline.

Bodies of Remaining 2 Missing in Texas Port Explosion Found

The bodies of the 2 crew members from a dredging vessel who were missing after the ship struck a pipeline causing an explosion on Friday have been found.

Pennsylvania Fines Sunoco Mariner East 2 NGL Pipeline for Drilling Fluid Spills

Pennsylvania has fined Energy Transfer for drilling fluid spills during the construction of its Mariner East 2 natural gas liquids pipeline.

New Midstream Joint Venture to Provide Permian Basin NGL Takeaway Capacity

Three U.S. midstream companies have formed a new joint venture to provide transport solutions for natural gas liquids in the Permian Basin.

Targa NGL Pipeline Company Launches Open Season

Targa NGL Pipeline Company has launched an open season to solicit shipper interest on a planned NGL pipeline from Kingfisher County, Oklahoma to Mont Belvieu, Texas.