Vessel traffic on a two-mile stretch of the Houston Ship Channel resumed at 12:34 pm CDT (1834 GMT) Monday, after a fire on board the Navigator Europa was extinguished, the US Coast Guard said. "The fire is out, all personnel are ...
Tags: Vessel traffic, tanker, fire
Wind generation in November blew through a 31-month-old record share of total energy in the Electric Reliability Council of Texas, a new report shows, and an expert said it contributed to ERCOT's low on-peak power prices that month. Wind ...
Tags: Wind generation, coal-fired generation, natural gas-fired generation
The December bidweek national average price increased 20 cents to average $2.26/MMBtu as market focus turned to the colder months, Inside FERC's Gas Market Report said Tuesday. The December bidweek price at the benchmark Henry Hub in ...
Tags: Natural Gas
The November bidweek national average price tumbled 32 cents to average $2.06/MMBtu as points outside of the Northeast moved lower, Inside FERC's Gas Market Report said Monday. The November bidweek price at the benchmark Henry Hub dropped ...
Tags: Natural Gas, price
NYMEX May crude futures settled 14 cents higher at $99.60/barrel Monday with investors focusing on the suspension of vessel boardings in the Houston Ship Channel and its possible impact on oil movements in the US Gulf Coast region. May ...
Tags: Houston Ship Channel, Oil
US propane and propylene stocks fell 1.2 million barrels to 26.71 million barrels for the reporting week ended February 14, Energy Information Administration data showed Thursday. Gulf Coast stocks saw a draw of 533,000 barrels to fall to ...
Gulf Coast propane prices continued to hold a premium over Midcontinent product Wednesday as the market stabilizes into its traditional price relationship. Propane at Mont Belvieu, Texas, was assessed at $1.555/gal on Wednesday while ...
Tags: Propane, Gulf Coast
This year's spike of U.S. liquified propane (LP) prices has been blamed on increased grain drying, harsh winter weather, low supplies and exports. But, the increased amounts of product being exported, while many U.S. LP users struggle to ...
Tags: Propane, propane stocks, LP prices
US propane and propylene stocks are 31% under were they stood in 2012 on increasing exports, cold weather and changing infrastructure, Energy Information Administration data released Friday showed. The stocks fell 2.51 million barrels to ...
The price differential between US Gulf Coast butane and international markets has eclipsed that of US propane but the US has failed to see a pick up in butane cargo liftings, according to market sources. "I guess it's a logistic ...
US Gulf Coast propane was at an 11-month high relative to the NYMEX front-month crude contract Friday morning as buying for the fall and winter heating season picks up and exports continued to drain US propane stocks. Mont Belvieu propane ...
Tags: Gulf Coast propane, propane stocks
Narrowing propane price spreads between the US and international markets are poised to shrink further as terminal developers, such as Enterprise Products Partners, advance plans to increase the nation's liquefied petroleum gas export ...
The FOB Houston propane differential has dropped 53% since July 1 as increasing exports and falling international propane prices narrow the arbitrage out of the Gulf Coast. Platts started assessing FOB Houston propane cargoes on July 1 as ...
US Gulf Coast propane stocks have grown 3.61 million barrels in the first three weeks of June, roughly four times the amount that was added to storage in the comparable period of 2012, Energy Information Administration data showed ...
Houston, Texas-based Kinder Morgan Energy Partners, L.P. will invest $106 million to purchase approximately 20 acres adjacent to its Pasadena, Texas terminal, build nine new tanks with a storage capacity of 1.2 million barrels at its Galena ...
Tags: Kinder Morgan, refined products