Post Tagged with: "ethane"

Robust Ethane Supplies from U.S. Shale Boom Drive Chemical Plant Investment to $200 Billion

Robust Ethane Supplies from U.S. Shale Boom Drive Chemical Plant Investment to $200 Billion

U.S. chemical, plastics plant investment of $202 billion is direct result of shale gas growth: ACC

The American Chemistry Council (ACC) released data today and the trade group has determined that U.S. chemical and plastics industry investment linked to plentiful …

September 11, 2018 - 3:41 pm Closing Bell Story‎, Downstream, Oil and Gas 360 Articles
New Crackers Creating Demand for Ethane and Propane, along with Growing NatGas Exports, Could Push Petrochem Plants from NatGas to Oil Feedstocks: McKinsey

New Crackers Creating Demand for Ethane and Propane, along with Growing NatGas Exports, Could Push Petrochem Plants from NatGas to Oil Feedstocks: McKinsey

Beginning a transition of the petrochem industry over the next 12 years

From McKinsey

Location has been the key to success in petrochemicals: playing in emerging markets and accessing cheap feedstock. As the industry shifts, companies will have to work …

February 26, 2018 - 12:15 pm Closing Bell Story‎, Energy News
Utica Shale Adds Ethane Takeaway: Kinder Morgan Opens Valve on Utopia Pipeline System

Utica Shale Adds Ethane Takeaway: Kinder Morgan Opens Valve on Utopia Pipeline System

Houston-based Kinder Morgan, Inc. (ticker: KMI) put its Utopia Pipeline into service, initiating delivery of ethane from Harrison County, Ohio, to Windsor, Ontario, Canada.

The 270-mile Utopia system has an initial capacity of 50,000 barrels per day (bpd) that can …

January 23, 2018 - 5:57 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
INEOS Will Provide U.S. Ethane to China

INEOS Will Provide U.S. Ethane to China

INEOS and China’s SP Chemicals sign long term supply agreement for U.S. ethane

Agreement includes construction of the largest ethane carrier ship ever built

The deal will involve the construction of a 95,000cbm capacity ship which is expected to …

November 22, 2017 - 1:13 pm China, Closing Bell Story‎, LNG, Oil and Gas 360 Articles
More Gas = More Polyethylene: First of Two 650,000 Tons-Per-Year Polyethylene Lines Begins Production in Mont Belvieu

More Gas = More Polyethylene: First of Two 650,000 Tons-Per-Year Polyethylene Lines Begins Production in Mont Belvieu

First polyethylene shipment from mega-plant is slated for export from Houston in October

ExxonMobil (ticker: XOM) Chemical Company started production on the first of two new 650,000 tons-per-year high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas.

The …

October 19, 2017 - 3:38 pm Closing Bell Story‎, Downstream, Oil and Gas 360 Articles
Energy Prosperity Comes in Many Forms

Energy Prosperity Comes in Many Forms

Ethane’s domino effect in Pennsylvania

The shale energy revolution is famous for jump-starting natural gas production in Appalachia, with Pennsylvania and Ohio at the center of a drilling boom during the past decade from which thousands of people flourished from …

Energy Upside: the Surge of Ethane

Energy Upside: the Surge of Ethane

Natural gas production has increased aggressively over the last 10 years after the shale revolution unlocked the door to vast new resource potential.

In the U.S., marketed natural gas production has increased from 53.2 Bcf/d in 2006 to 78.9 Bcf/d …

Range Resources to Benefit from Mariner East 1 Startup

Range Resources to Benefit from Mariner East 1 Startup

Range expects annual uplift of $90 million in net cash flow once all three pipelines are online

Range Resources (ticker: RRC) has always prided itself on optionality and takeaway capacity, and the commissioning of the Mariner East 1 pipeline is …

Energy Market Upside: Range Resources Exploiting America’s Largest Shale Gas Play

Energy Market Upside: Range Resources Exploiting America’s Largest Shale Gas Play

Increasing takeaway capacity, reduced debt, creating profit from byproducts, 20% growth rate

As the oil and gas industry dives into 2016, energy executives and investors alike are hoping the new year can distance itself from the bull market of 2015. …

Source: WPX

West Virginia’s Coal Industry is Reeling – Will Shale Gas Take Its Place?

Seal_of_West_Virginia.svgAn Exclusive Interview with Keith Burdette, Secretary of Commerce for West Virginia

Coal has powered West Virginia’s economy for centuries. Generations of West Virginians have come and gone in the Mountain State, and its stalwart blue-collar coal industry continuously attracts …

Multibillion Dollar Cracker Plant Being Considered in Ohio

Multibillion Dollar Cracker Plant Being Considered in Ohio

A Thai and Japanese joint venture could create hundreds of permanent jobs in Ohio

PTT Global Chemical of Thailand and Marubeni Corp. of Japan are considering building a multibillion ethane cracker plant in Belmont County, Ohio. Mark Thomas, a Belmont …

April 23, 2015 - 4:00 pm Oil and Gas 360 Articles
What Will Happen to the U.S. Midstream Industry?

What Will Happen to the U.S. Midstream Industry?

U.S. will be “NGL Storage Center for the World”

New technology in the drilling and completions segment may receive the lion’s share of the credit for the shale boom, but the evolution of the midstream industry has enabled the United …

March 6, 2015 - 6:55 pm Midstream, MLPs, Oil and Gas 360 Articles
Dow Chairman Looks at Oil Prices, NGLs, Ethane Rejection

Dow Chairman Looks at Oil Prices, NGLs, Ethane Rejection

Chem Giant Planning for Growth in 2015

“We believe lower oil prices are a relative positive for Dow and a boost for the global economy.”

“The old view of forecasting five years out almost seems to be out the door.”