Gas Processing/LNG
Shell to acquire Repsol gas liquefaction facilities in Peru, Trinidad and Tobago
Long rumored, the acquisition includes LNG assets outside of North America, including supply positions in Peru and Trinidad & Tobago, for a cash consideration of $4.4 billion. Shell will also assume balance sheet liabilities predominantly reflecting leases for LNG ship charters of currently $1.8 billion.
UAE group signs land lease for LNG import terminal
Construction of the liquefied natural gas complex is expected to begin later this year. The local government of Fujairah, one of the seven emirates that make up the UAE, is also to reclaim land from the sea for the regasification facility, which will be capable of handling the largest LNG tankers.
Chevron invests in Australian shale gas assets
The deal for up to 60% of Beach's interests in two blocks in central Australia's Cooper Basin cements Chevron's status as one of the biggest investors in natural gas down under. It is already leading development of the Gorgon and Wheatstone LNG projects in Western Australia state.
Cheniere to start US LNG export facility in late 2015
The announcement underscores how Cheniere, the only company to possess the necessary government permits to export natural gas to countries not in free-trade agreements with the US, is on schedule with its first two processing units while government regulators pore over other permit applications.
Air Products to build air separation units for China coal gasification facility
At Lu'An's Changzhi City facility, the coal-to-liquids project will produce mainly diesel fuel and derivatives. Air Products' ASU trains will include design enhancements to minimize operating costs through energy efficiency. It is the second-largest ASU onsite order ever awarded to the company for a single project.
ONGC mulls Mangalore LNG terminal in India with Bharat Petroleum, Mitsui
The company didn't say how much the proposed LNG terminal would cost, but said a typical terminal which can handle 5 million tpy of LNG usually takes around $1 billion to build. ONGC believes getting into the LNG terminal business is a right fit since the company is involved in natural gas production.
EmberClear finishes technical study on Mississippi gas-to-liquids proposal
If the project proceeds, it will be capable of producing 4,000 tpd of methanol or 14,000 bpd of gasoline. This project's proximity to cheaper sources of gas and the Gulf Coast petrochemical hub creates the potential for attractive pricing, efficient access to markets and multiple modes of transportation.
Australian coal-seam gas ban puts projects at risk
Coal-seam-gas drilling will be banned within 2 kilometers of residential areas in Australia's most populous state, the conservative Liberal government said, adding that bans would also apply to land containing vineyards and horse studs. The moves may constrain the activities of energy companies.
Companies propose 800-mile Alaska gas pipeline
Under the companies' plan, an 800-mile pipeline would be built with the capacity to ship 3 billion to 3.5 billion cubic feet of gas to an area near a port where the gas would be turned into a liquid. The LNG would be stored in tanks and loaded onto tankers from a loading jetty with two berths.
BP report warned of terrorism risk in Algeria, Africa
The reports, which were seen by The Wall Street Journal, anticipate the emergence of groups like the one that launched a deadly attack against the plant in In Amenas, Algeria, which BP operates in a joint venture with Algerian state-oil company Sonatrach and Norway's Statoil.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
