March 11, 2019

NGLs Standing By - The Fractionation Crunch Continues, But Help Is on the Way

Fractionators at the Mont Belvieu hub operated at or near full capacity through the second half of 2018 as they struggled to deal with a deluge of mixed NGLs from the Permian and other key production areas. This situation — barely enough capacity to keep pace with rising demand for fractionation services — is likely to continue through 2019, even as a number of new fractionators come online. But NGL

Six Companies Bid in Ecuador Oil Auction

Ecuador has received bids from six oil companies for seven little-explored oil blocs with potentially high reserves, but investment in the area may be less than had been expected, the energy minister … Latin America News