In 2011, the United States became the world’s largest producer of natural gas, growing by 7.7% between 2010 and 2011. That represented the largest volumetric increase in the world, according to BP’s Statistical Review of World ...
Tags: natural gas, Natural Resource, gas industry
The NYMEX February crude contract broke out of a narrow trading band immediately ahead of the 1:15 p.m. EST (1815 GMT) cessation of trading on the NYMEX contract to end the day 9 cents lower at $95.47/b. Prior to 12:30 p.m. EST (1730 ...
Tags: crude oil, NYMEX, macroeconomic indications, US
Omnova Solutions, a leading global specialty chemicals provider, has announced the geographic expansion of Gulf Coast Chemical as Omnova's distributor for the U.S. Southeastern territories. The southeastern territories include the following ...
Tags: Omnova Solutions, chemicals provider, U.S.
Environmental reviews of TransCanada's controversial Keystone XL pipeline have so far ignored the pollution potential of petroleum coke, a byproduct of the diluted bitumen that would get carried by the system, a group opposed to fossil ...
Tags: pipeline, petroleum coke, fossil fuels
US Gulf Coast premium gasoline differentials fell Thursday amid thin buying interest, as spot demand for the fuel remained weak despite an upward move in the underlying NYMEX February RBOB futures basis. The 13.5 RVP premium gasoline ...
Tags: US, gasoline, gasoline differentials
US propane and propylene stocks fell 1.61 million barrels to 63.95 million barrels in the reporting week ended Friday, the Energy Information Administration said Wednesday. Midwest supplies fell 1.13 million barrels to 20.41 million ...
The US residual fuel oil hi-lo, the spread between Atlantic Coast 1%S and Gulf Coast 3%S, registered its largest physical and paper drop in six weeks Tuesday as the recent LSFO demand pop subsided. At the same time, the tightness in the ...
Tags: fuel oil, oil, sulfur fuel oil, fuel oil trade
US steam cracker margins climbed week-on-week as ethylene prices reacted to the news of planned and unplanned outages in the US Gulf Coast region. ExxonMobil suffered an upset at its Baytown, Texas, olefins plant Tuesday. Westlake ...
Tags: US, Ethylene Margins, ethylene prices, Production Outages, Feedstocks
US propane and propylene stocks fell 1.1 million barrels to 65.57 million barrels in the reporting week that ended January 4, the Energy Information Administration said Wednesday. Midwest stocks fell 1.51 million barrels to 21.55 million ...
Tags: propane stocks, propylene stocks, stocks, Energy
The January US mixed xylene contract price settled 36 cents ($109.08/mt) above December's mark at a record high of $4.66/gal ($1,411.98/mt), sources said Tuesday. Sources expected the CP to settle at a record high due to higher spot ...
Tags: mixed xylene, US, MX contract price, MX market
New York City-based private equity firm SK Capital Partners, in partnership with global investment firm First Reserve Corp., has acquired TPC Group Inc. — a Houston-based producer of value-added products derived from niche ...
Tags: SK Capital Partners, First Reserve Corp, value-added products
US steam cracker margins rose week on week as feedstocks prices declined, and while the continental US is enjoying a relatively warm winter. Mild weather forecasts for the upcoming months have lead to a drop in the price of propane, which ...
Tags: US, steam cracker margins, feedstocks prices
US propane and propylene stocks fell 2.18 million barrels to 66.67 million barrels in the reporting week that ended December 28, the US Energy Information Administration said Friday. Midwest supplies fell 585,000 barrels to 23.06 million ...
US crude stocks fell 12.032 million barrels last week, while US distillate stocks jumped 6.71 million barrels, according to American Petroleum Institute data Thursday. The data painted a bullish picture for NYMEX crude futures, and a ...
Tags: US crude stocks, distillate stocks, Gulf Coast Draw, AP
Driller Transocean has agreed to pay $1.4 billion in fines and penalties and to plead guilty to one count of violating the Clean Water Act in connection with the 2010 Deepwater Horizon explosion and spill in the Gulf of Mexico, the US ...