Rising Gas Prices Pose Risk to Northeast NGL Growth
Executive Summary: Infrastructure: Rising gas prices could exert downward pressure on Northeast NGL production. Rigs: The total US rig count…
Natural Gas Liquids
Tariffs Pose Risk to Record LPG Exports
Executive Summary: Infrastructure: An escalating trade war with China could put some LPG exports at risk. Rigs: The total US…
Permian NGL Race Heats Up as MPLX Strikes Deal for BANGL
MPLX will acquire the remaining 55% interest in BANGL Pipeline for $715MM from WhiteWater and Diamondback Energy. The deal expands…
MPLX Acquires Rest of BANGL to Advance NGL Strategy
Infrastructure: MPLX is acquiring full ownership of BANGL for $715MM, expanding its reach from the Permian to export docks. Rigs:…
Targa Tacks on New Infrastructure Targeting Permian NGLs
A significant amount of infrastructure is being built by 2029 to handle NGL processing, transportation, fractionation and distribution. Targa Resources…
Range Commits to New East Coast Terminal
Executive Summary: Infrastructure: Range Resources (RRC) said it has committed to 20 Mb/d of takeaway and export capacity at a…
Targa Adds to Infrastructure Targeting Permian NGLs
Executive Summary: Infrastructure: Targa (TRG) is the latest company to announce new NGL infrastructure projects to handle supply growth from…
Who’s the Next Ethane Customer? The Case for GAIL
US ethane supply is booming, and international petrochemical companies are chomping at the bit for the cheap feedstock. Who will…
Frigid January Rebalances Propane Market
Executive Summary: Infrastructure: Propane storage fell sharply in January, lowering the risk of an oversupplied market in ‘25. Rigs: The…
Northeast Producers Join the NGL Party
Ethane supply hit another record in November ’24, the fifth monthly record high in 2024. The Permian has been the…