Midstream

This post was originally published on this siteIn this week’s Trader’s Corner, Mark Rachal from Cost Management Solutions analyzes why petrochemicals’ use of propane is cooling. The post Petrochemicals’ use of propane cooling to begin 2023 appeared first on LP Gas.

This post was originally published on this siteNatural gas futures pulled back in early trading Tuesday as a more supportive fundamental outlook, including chillier March temperatures, proved insufficient to extend the recent rally.  The April Nymex contract was down 8.6 cents to $2.645/MMBtu at around 8:50 a.m. ET. The April contract rallied 18.3 cents in

This post was originally published on this siteNatural gas futures extended their gains on Monday as weather models continued to show cold over much of the Lower 48 for early to mid-March and Freeport LNG stayed on its path toward full operations. With some nascent technical momentum also in play, the newly prompt April Nymex

This post was originally published on this siteAmid record profits across the globe for oil and gas giants, Mexico’s national oil company Petróleos Mexicanos, aka Pemex, posted yet another loss in the fourth quarter of 2022. The company reported a fourth-quarter net loss of 172.4 billion pesos ($9.4 billion) after a 52- billion peso loss

This post was originally published on this siteEOG Resources Inc., a multi-basin exploration and production firm, said its strong fourth quarter and full-year 2022 results were powered by robust natural gas and oil demand, price spikes and steady production activity. For the year, EOG said, the natural gas prices it fetched jumped 49% from a

This post was originally published on this siteA unit of Germany’s Uniper SE has secured a supply agreement for LNG made with renewable natural gas (RNG) for its heavy vehicle fueling network, calling imports of the super-chilled fuel “no longer competitive” for decarbonizing the transportation industry. German firm Revis Bioenergy GmbH plans to begin supplying

This post was originally published on this siteEuropean natural gas prices sank Monday, giving up last week’s gains as the March Title Transfer Facility (TTF) contract rolled off the board with the continent amply supplied as spring nears.  The March and April contracts finished below $15/MMBtu as the week got underway. European gas storage inventories

This post was originally published on this site (P&GJ) — The American Petroleum Institute (API) published a first-edition document focused on species and habitat conservation for onshore natural gas and oil production facilities that will help boost the industry’s existing practices to enhance environmental performance.

This post was originally published on this site (P&GJ) — While most of the naphtha is converted to methane, some hydrogen is produced in the steam reformer process, resulting in hydrogen concentrations of up to 10% to 15%. As natural gas utilities around the world look to hydrogen as a potential solution to decarbonization, the

This post was originally published on this siteThe Propane Education & Research Council (PERC) met virtually in February and approved funding for data and research, state PERCs and tech schools. The post PERC data, research program features reports, support and updates appeared first on LP Gas.