Price Watch
A daily bulletin about oil and gas
The Futures
Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.
Horizon Energy Digest
Energy Transfer pipeline fire burns for a third day in La Porte, Texas
A fire at Energy Transfer’s natural gas liquids pipeline in La Porte, Texas, has been burning for three days after a car crashed into a valve. The incident caused power outages and evacuations, and has led to a rise in LPG prices, with propane and butane increasing by 7% and 10% respectively. The company is using nitrogen to extinguish the fire and will begin repairs soon.
Gastech 2024: Kent commits to U.S. market with significant expansion in Houston, Texas
Kent is making significant strategic investments to expand its operations in Houston, Texas, reinforcing its commitment to the U.S. market. In the first half of 2024, Kent secured $1.2 billion in new contracts, showcasing its capability in delivering complex energy projects. Scott Tanley, the newly appointed Vice President of U.S. Operations, will lead this expansion, bringing over three decades of industry experience.
Curious Minds Corner
Question of the week
What is the primary component of natural gas?
The first person to answer the week’s question wins a reward from LDV Consulting. Good Luck!