RBN’s Daily Energy Blog and Insights sharpen your energy IQ through fundamentals-based analysis that makes sense of North America’s energy market dynamics.
At first glance, you might think that Phillips 66’s newly announced, $2.2 billion plan to acquire the EPIC NGL pipeline system, two fractionators near Corpus Christi and other NGL-related assets in Texas is just another logical step in the expansion of P66’s “well-to-market” NGL strategy — and yo
In 2024, more than 9 billion gallons of propane were delivered to U.S. consumer markets, primarily for residential heating and cooking, with substantial volumes supporting the commercial, industrial, agricultural and transportation sectors.
Alaska North Slope (ANS) crude oil production has been sliding for years — decades really — but that is poised to change in the second half of the 2020s. Two long-planned ANS projects — Pikka and Willow — are slated to start up in 2026 and 2029, respectively.
The Marcellus/Utica is a natural-gas-and-NGLs play, right? Almost entirely, yes. But a handful of dogged, innovative E&Ps have been producing fast-rising volumes of superlight crude — better described as condensate — in the Utica Shale’s “volatile oil window” in eastern Ohio.
