Gas Processing/LNG
Poland discussing shale gas incentives with EU - Talisman CEO
Poland is still in discussions with the European Union on developing a tax regime that incentivizes shale gas exploration in the eastern European country, said Talisman Energy CEO John Manzoni. Manzoni said initial findings were "not discouraging, just too early to tell" the degree of commerciality.
Russia’s Gazprom fully restores Europe gas flows
Russia has fully restored natural gas shipments to Europe, the country's state gas firm said Monday, after it had been unable to meet rising demand in recent weeks due to cold weather across the continent. Europe relies on Russia for over a quarter of its gas needs.
KBR wins construction work on US gas processing plant expansion
KBR said Thursday it was awarded a contract to provide construction services for a new 150 million standard cubic feet/day (MMSCFD) gas processing plant in Oklahoma. The name of the client and value of the deal were not disclosed.
Shale gas study concludes no link with fracking, water contamination
Hydraulic fracturing of shale formations to extract natural gas has no direct connection to reports of groundwater contamination, based on evidence reviewed in a new study.
Gazprom predicts no drop in European gas demand
European political goals to lessen reliance on Russian natural gas won't affect demand, the deputy chief executive of OAO Gazprom told Wednesday's edition of Hungarian business paper Vilaggazdasag. The CEO was discussing European efforts to create new natural gas cross-border interconnectors.
CB&I, Zachry venture wins FEED work for Freeport liquefaction project in Texas
Freeport LNG Expansion and a joint venture of Zachry Industrial and CB&I entered into a front-end engineering and design (FEED) contract for the Freeport liquefaction project near Freeport, Texas. The Zachry/CB&I venture will engineer and design three LNG liquefaction trains of 4.4 million tpy each.
US LNG export projects bring long-term risk
Favorable margins for US liquefied natural gas (LNG) exports may not be sustainable and could set up long-term risks for infrastructure projects, according to a new report.
Hyundai Heavy inks $1bn of Europe LNG ship orders
Hyundai Heavy Industries, the world's largest shipbuilder by order value, said Tuesday it has received, along with its affiliate company, a combined $1.1 billion LNG ship order in Europe. The companies said they will deliver five LNG ships by the first half of 2015.
GTC strikes deal with ConocoPhillips to license sulfur recovery technology
Process technology licensor GTC Technology reached a global agreement with ConocoPhillips for its selective partial oxidation of sulfur (SPOC) technology for sulfur recovery. GTC says its SPOC technology is the most significant innovation in the “modified Claus” technology space in the last 30 years.
Total to boost investments as quarterly profits rise
France-based Total said 2012 has begun favorably and that it will step up investments over the next three years after reporting a 12.8% increase in fourth-quarter net income on high oil prices and in spite of weak downstream markets and stable output. Total is targeting a 2.5%/yr increase in average output in 2012-2015.
- 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
