The U.S. has firmly cemented a unique position as the dominant global ethane exporter, a trajectory propelled by a trifecta of factors: an abundant domestic supply, surging international demand for cost-advantaged lighter petrochemical feedstocks such as ethane, highly competitive pricing, and the foundational support of long-term customer contracts that de-risked… Read more »
Posts Categorized: Articles
U.S. LPG Exports: An Expanding Influence in Global Energy Markets
The United States has emerged as a dominant player in the global liquefied petroleum gas (LPG) market. This transformation is largely driven by a surge in domestic production and rising global demand, which together have reshaped traditional energy trade patterns and significantly influenced international pricing dynamics. Drivers of U.S. LPG… Read more »
LNG Bunkering: Fueling the Future of U.S. Maritime Shipping
LNG bunkering—the process of fueling ships with liquefied natural gas (LNG) is rapidly gaining momentum as the maritime industry responds to evolving regulations and rising operational costs. As a marine fuel, LNG offers a significant reduction in sulfur oxides (SOx), nitrogen oxides (NOx), and carbon dioxide (CO₂) emissions compared to… Read more »
New U.S. Gulf Coast Fractionation Capacity Brings Relief
Growth in hydrocarbon production continues to impress the markets despite capital discipline shown by oil and gas producers. While U.S. producers have maintained strict capital control, production is still increasing at an extraordinary pace. For instance, Permian natural gas production has surged by ~3.6 Bcf/d from 1Q 2023 through Q4… Read more »
OneOk and MPLX Join Hands to Achieve Full Vertical Integration for NGLs
OneOk and MPLX have entered into definitive agreements to form a strategic joint venture to construct a 400 MBPD liquified petroleum (LPG) export terminal in Texas City, TX. The proposed large-scale LPG export terminal will complete OneOk’s and MPLX’s full vertical integration of its’ NGL midstream value chain. In addition,… Read more »
Phillips 66 Acquisition of EPIC- A Masterstroke!
On Jan 10th, 2025, Phillips 66 (“P66”) announced its acquisition of EPIC Y-Grade, further strengthening its position in the natural gas liquids (NGLs) market, particularly as it related to the prolific Permian basin. This move expands P66’s already impressive portfolio, which includes complete vertical integration of NGL assets such as… Read more »