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Gas Processing/LNG

SABIC looking at investing in US gas

(Reuters) — Petrochemicals company Saudi Basic Industries Corp (SABIC) is considering several possible investments in the United States, while state oil giant Saudi Aramco is looking at gas prospects abroad, Saudi energy minister said on Wednesday.

ADIPEC '17: Execs discuss the changing world of LNG

Hydrocarbon Processing Staff: Blume, Adrienne

ABU DHABI—On the opening day of ADIPEC, executives from the LNG sector gathered for a heavy-hitting "C-Suite Dialogues" afternoon panel discussion to answer the question: "What is the future for natural gas and LNG in a low-carbon, low-cost landscape?"

Shell sells out of Woodside Petroleum for $2.7 B

LONDON/SYDNEY (Reuters) — Royal Dutch Shell on Monday sold its entire stake in Australia's largest independent oil and gas company Woodside Petroleum Ltd for $2.7 B as it pushes ahead with its vast disposal program.

China Energy Investment signs MOU for $83.7 B in West Virginia projects

BEIJING (Reuters) — China Energy Investment Corp, the world's largest power company by asset value, has signed a memorandum of understanding (MOU) to invest $83.7 B in shale gas, power and chemical projects in West Virginia, the US state said on Thursday.

China refineries run at record Sept pace

BEIJING (Reuters) — China's oil refineries increased their run rates by 12.7% to a record for September, data showed on Thursday, after a major new state-run refinery launched operations and independent plants came back on stream after maintenance.

China Sept crude oil, gas imports jump ahead of winter fuel demand

BEIJING (Reuters) — China’s September crude oil imports climbed to the second highest level on record, while natural gas imports rose nearly 5%, official customs data showed on Friday, as the world’s top energy consumer shored up fuel supplies for winter.

IEA lifts 5-yr renewables forecast after record 2016

LONDON (Reuters) — The International Energy Agency (IEA) raised its forecasts on Wednesday for renewable energy over the next 5 yr following a record 2016, adding that renewables growth is squeezing natural gas and coal.

Gulf Publishing Company Launches LNG Intelligence Service for Energy Industry

HOUSTON — Gulf Publishing Company, a leading media company and provider of market data for the international energy industry, launches today the Energy Web Atlas to provide the downstream energy sector with easy access to information about the LNG industry.

Petrotechnics’ survey reveals reality of risk in the global hydrocarbon industry

ABERDEEN, Scotland, UK — Petrotechnics, the developer of the hazardous industries’ first software platform for operational excellence, has released its 2017 Operational Risk and Process Safety Management survey results. Insights from more than 200 senior industry leaders reveal that only 6% believe their companies are fully up-to-date with their scheduled safety-critical maintenance.

Taiwan suspends oil exports to North Korea, imports of clothing

TAIPEI (Reuters) — Taiwan has suspended refined oil and LNG exports to North Korea, as well as clothing and textile imports, to comply with United Nations resolutions, a largely symbolic move by the island to show it is a responsible member of the international community.