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PetroLogistics ll Announces 500 KTA Gulf Coast PDH Project Using Dow FCDh Technology

6 days ago DieselGasoil Comments Off on PetroLogistics ll Announces 500 KTA Gulf Coast PDH Project Using Dow FCDh Technology
HOUSTON, July 15, 2019 (GLOBE NEWSWIRE) — PetroLogistics ll LLC (the Company), a portfolio company of Quantum Energy Partners, announced today that it has licensed Dow’s proprietary fluidized catalytic dehydrogenation (FCDh) technology and plans to construct a 500 KTA propane dehydrogenation (PDH) facility on the US Gulf Coast. The advanced FCDh technology uses a novel Read More

Michigan governor aims to shut Enbridge Line 5 ‘as soon as possible’

3 weeks ago DieselGasoil Comments Off on Michigan governor aims to shut Enbridge Line 5 ‘as soon as possible’
Washington — 540,000 b/d system carries crude, NGLs to Midwest, Ontario Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Enbridge says Line 5 tunnel project is only viable solution Governor opens review of Enbridge’s easement compliance The fight over Enbridge’s 540,000 b/d Line 5 heated up Thursday as Michigan Read More

NYMEX RBOB rallies nearly 7 cents following PES refinery fire

1 month ago DieselGasoil Comments Off on NYMEX RBOB rallies nearly 7 cents following PES refinery fire
Highlights Philadelphia FD: PES fire ‘not under control, but contained’ Transatlantic clean tanker rates jump on import expectations Physical reaction muted as traders adopt wait and see approach New York — Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX refined products settled at a three-week high amid supply Read More

RBOB surges following explosion at PES Philadelphia refinery

1 month ago DieselGasoil Comments Off on RBOB surges following explosion at PES Philadelphia refinery
New York — NYMEX RBOB futures rose sharply Friday following an explosion and subsequent fire overnight at Philadelphia Energy Solutions’ 335,000 b/d refinery in Pennsylvania. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX July RBOB was up 5.88 cents at $1.8451/gal and July ULSD was 2.81 cents higher Read More

China is buying Iranian LPG despite sanctions, ship-tracking shows

1 month ago DieselGasoil Comments Off on China is buying Iranian LPG despite sanctions, ship-tracking shows
By Saket Sundria and Dan Murtaugh on 6/19/2019 SINGAPORE (Bloomberg) — After being hit by the trade war and U.S. sanctions on Iran, some Chinese buyers of liquefied petroleum gas from the Persian Gulf nation are finding it’s too tough a habit to kick. China sourced around a fifth of its LPG—used as cooking fuel, Read More

EDGE begins on-wellsite LNG production

1 month ago DieselGasoil Comments Off on EDGE begins on-wellsite LNG production
6/18/2019 LONDON — Edge Gathering Virtual Pipelines 2 LLC has begun well-site LNG production operations in the United States in order to provide the Mid-Atlantic and New England marketplaces with a new source of high-quality and low-cost LNG. EDGE expects to be among the most competitive suppliers of truck-delivered LNG in these markets due to Read More

India shifting to raise butane in LPG import mix due to costlier propane

1 month ago DieselGasoil Comments Off on India shifting to raise butane in LPG import mix due to costlier propane
Singapore — India is expected to boost the ratio of butane in its LPG import mix to leverage the product’s lower prices against propane and as more mid-sized gas carriers instead of very large gas carriers are used to avoid congestion at its ports, trade sources said Wednesday. Not registered? Receive daily email alerts, subscriber Read More

Asia LPG price hits near 2-year low on weaker crude, oversupply

2 months ago DieselGasoil Comments Off on Asia LPG price hits near 2-year low on weaker crude, oversupply
Singapore — Asian LPG prices slumped to the lowest level in 23 months Thursday on the back of a tumbling crude complex, prompting buyers to retreat to the sidelines to see if prices would drop further amid ample supply, market participants said Friday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

Analysis: Asian petrochemical makers’ switch to cheaper LPG set to pressure naphtha cracks

2 months ago DieselGasoil Comments Off on Analysis: Asian petrochemical makers’ switch to cheaper LPG set to pressure naphtha cracks
Highlights South Korea ramps up LPG imports, cuts naphtha purchases LPG seen at steep discount to naphtha amid ample US supply Platts CFR Japan naphtha crack spread tumbles to 7-year low Singapore — Asian petrochemical makers’ growing use of LPG over naphtha as a feedstock, along with ample LPG supply from the US, will pressure Read More