The Perfect Couple: ONEOK, MPLX Partner on Downstream NGL Projects
ONEOK (OKE) and MPLX (MPLX) have partnered to build out the downstream component of their NGL value chain. The arrangement…
MPLX LP
Targa’s Daytona Drives Another NGL Record
NGL production hit another record in Oct ’24 thanks to the early start of Targa’s Daytona NGL Pipeline. The project…
Ethane Leads Permian Supply Surge in 2024
The quiet star of the Permian Basin in 2024 was ethane, re-establishing the benchmark for potential growth. Permian ethane supply…
Best of 2024: Blackcomb FID Could be Knockout Blow to Permian Pipe Competition
A Whitewater-backed investor group has reached FID on Blackcomb Pipeline, a new 42-inch gas line out of the Permian Basin.…
Best of 2024: M&A in Permian: A Knife Fight for the NGL Barrel
Energy Transfer, Enterprise, Equity, Kinetik, MPLX LP, Natural Gas Liquids, The Daley Note, Western Midstream Partners
In our annual report Dirty Little Secrets, East Daley previewed how reduced leverage ratios and increased Free Cash Flow (FCF)…
Is a Marcus Hook Expansion Near? Dots Connect to Future ET Project
Will Energy Transfer (ET) ever pull the trigger on a Marcus Hook LPG expansion? East Daley can see the outline…
Move Over Tyson-Paul, the Real Warrior is Here
Energy Transfer (ET) could reach a final investment decision on the Warrior Pipeline within weeks, management said on the 3Q24…
Out of the LOOP: Port is Fenced Out of Crude Export Growth
The Louisiana Offshore Oil Port (LOOP) has missed out on rapid crude oil export growth due to its remote location…
Capline Rolls With New Crude Market Reality
Faced with a loss of Canadian barrels, Capline Pipeline could become a supplier of light sweet Bakken crude to the…
Permian NGL Dynamic Ready to Flip, Leaving Some Behind
Energy Transfer, Enterprise, Equity, MPLX LP, Natural Gas Liquids, Oneok, Permian, Targa, The Daley Note
Permian NGL takeaway capacity is extremely tight now, but that dynamic is about to change, according to East Daley’s basin…