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Showing results for Amerigas Propane, LP
...Milford said EIP’s argument dismissed the cost savings of $200mn-$400mn a year that the deal would create as the combined group could ship oil such as crude and refined products and natural gas liquids like propane...
...UGI, the owner of the largest US propane retailer, reported that its AmeriGas cylinder exchange service reached record volumes in the fiscal year that ended in September....
...The company tried alternatives such as propane without much success. “It was like trying to run your petrol engine on diesel,” says Tom Crotty, Ineos director of corporate affairs....
...The company, which moves natural gas liquids and crude, and sells retail propane, last year purchased the tanks and other energy assets of Gavilon, a commodity trading house backed by George Soros and other...
...“This means elevated demand for propane.” Exports of propane have reached an all-time high, more than doubling year on year to 408,000 barrels per day in October, EIA data show....
...The US government last week ordered Enterprise Products Partners LP to favour propane shipments in its pipelines to the Midwest and Northeast....
...For example, in the $2.9bn sale of the propane operations of Energy Transfer Partners (ETP) to AmeriGas Partners, two MLPs, the two parties wanted a deal structure that would deliver ETP a significant amount...
...Last October AmeriGas acquired Energy Transfer’s propane operations for $2.9bn....
...(NYT Dealbook) - Propane as a transport fuel in NGL-abundant US? (Reuters) - John Gapper: Perhaps Prince Alwaleed should focus on the philanthropists’ club....
...The price of propane, butane and other liquids is also sharply down this year....
...Also on Monday, Energy Transfer sold its propane operations to AmeriGas for $2.9bn....
...AmeriGas Propane, FerrellGas, Heritage Operating and Inergy Propane allege BP cornered the propane market in 2004 and artificially inflated heating costs for millions of Americans....
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