Shell, Phillips 66 Test Market for Explorer Pipeline Stake
Shell and Phillips 66 are testing interest in their combined 60.5% stake in Explorer Pipeline at a valuation near $3.5B,…
Phillips 66
Record Propane Stocks Raise Risk of Year-End Price Pressure
Anadarko, Delaware Basin, Energy Transfer, Enterprise, Natural Gas Liquids, NGL Insider, Permian, Phillips 66, Targa
US propane and propylene inventories increased 7% W-o-W for the week ending July 17, the largest weekly percentage gain since…
Ghost of Keystone Could Haunt South Bow, Bridger Pipe Proposal
Bridger Pipeline and South Bow reportedly plan to develop a new pipeline to move Canadian crude oil from Guernsey, WY…
Bloated Storage Puts Propane Prices Over a Barrel
US propane inventories increased 7% for the week ending July 17, the largest weekly gain in over a year. Propane…
Waha Gains Reset Permian Ethane Economics
Energy Transfer, Ethane, Kinder Morgan, Natural Gas, Natural Gas Liquids, Permian, Phillips 66, The Daley Note
The startup of two Permian pipeline expansions has helped pull Waha natural gas prices out of persistently negative territory, materially…
The Era of Cheap Ethane is Over
The commissioning of the GCX expansion on June 10 marked a structural shift in Permian ethane economics. Waha natural gas…
Top Stories Mid-2026: Back a Frac: Supply Growth Creates Next NGL Bottleneck
Surging US NGL production is beginning to outpace one of the most overlooked constraints in the value chain: fractionation. East…
Phillips 66 Quietly Expands Sweeny Fracs, Adding New Capacity to Handle Permian NGL Growth
Phillips 66 has quietly expanded the fractionators at its Sweeny complex on the Texas Gulf Coast, contributing much-needed capacity to…
New Fracs on the Down-Low: Stealth Sweeny Project Lifts Gulf Coast Fractionation Capacity
Phillips 66 has quietly expanded the fractionators at its Sweeny complex on the Texas Gulf Coast, contributing much-needed new capacity…
Enterprise Tests Limits of Expanded Neches River Terminal
Antero, Enterprise, Ethane, Natural Gas Liquids, NGL Insider, Northeast, Permian, Phillips 66, Targa
Less than a month after startup, Enterprise Products is already testing the limits of the expanded Neches River export terminal.