Gas Processing/LNG
Global oil, gas leaders see higher 2012 spending as industry confidence rises - poll
Oil and gas industry leaders have forecast improved performance and higher levels of capital expenditure in 2012 despite concerns over global economic instability, according to a new report on the future of the sector. North America is emerging as the area with the greatest opportunities in 2012, the poll shows.
Poland opens new natural gas pipeline, sees more imports from Germany
A new natural gas pipeline in southwestern Poland will allow the country to import gas from Germany more cheaply than from Russia. Poland will want to boost the capacity of the link with Germany in the future and plans to eventually use the pipeline to export Polish gas.
Sempra wins US approval to export Louisiana LNG
The US Department of Energy said Friday it has authorized Cameron LNG to export liquefied natural gas, opening the door wider for US natural gas companies to send their bounty overseas. Cameron also has to win government approval to build export facilities at the Cameron Parish site.
Foster Wheeler to design new India LNG terminal
Foster Wheeler has been awarded a contract for a new LNG receiving terminal to be built in Ennore, in the state of Tamil Nadu, India. The LNG terminal facilities are planned for completion by 2015-16.
Williams starts Springville line in Marcellus Shale
Williams Partners on Thursday continued its emphasis on Marcellus Shale infrastructure by starting up its Springville natural gas gathering pipeline. The project is a key component of a strategy to provide Marcellus producers with reliable large-scale infrastructure and connect them to key markets, the company said.
Methanex secures gas supply deal, plans restart of New Zealand methanol plant
Methanex says it plans to restart the second methanol plant at its Motunui site in New Zealand. The company signed a 10-year agreement with New Zealand-based Todd Energy to supply natural gas for up to half of the 1.5 million tpy of capacity at the Motunui site.
BP unveils global energy outlook through 2030, boosts demand estimate
Global energy demand will continue to grow over the next 20 years, albeit at a slowing annual rate, fueled by economic and population growth in non-OECD countries, BP said in its Energy Outlook 2030 report. The demand projection is up 1.2% from the year-earlier estimate.
Oil India plans to buy up to $200mn in US, Australia shale gas assets
State-run Oil India plans to buy shale gas assets worth up to $200 million and is scouting for potential acquisitions in the US and Australia as it seeks to gain expertise in the field ahead of India's plans to auction blocks in the country, a senior executive said Monday. India is seeking to tap into its shale gas resources to meet rising gas demand from power plants and factories.
Inpex, Total approve $34bn Australia LNG project
Inpex and Total have given the green light to build one of Australia's most expensive energy projects at an estimated cost of $34 billion over the next five years. The deal demonstrates that international energy companies remain prepared to place bold bets on an anticipated surge in demand from Asia for fuels that burn cleaner than coal, in spite of ongoing global economic jitters.
Statoil temporarily shuts down Hammerfest LNG production after leak
Norwegian energy company Statoil said late Thursday that it temporarily shut down production Wednesday at its liquefied natural gas plant at Melkoya outside Hammerfest, Norway. Statoil's share of production from the plant totals 48,000 barrels of oil equivalent a day of LNG.
- 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
