Gas Processing/LNG
Shale plays spark Q3 rise in US oil, gas deals - PwC
The total value of US oil and gas mergers and acquisitions (M&A) during the third quarter of 2011 jumped 135% as foreign investors continued to show interest in the energy sector, especially in taking positions in shale plays and upstream-related assets, according to a new study from global consultancy PricewaterhouseCoopers (PwC).
Waskom finishes Texas gas processing expansion
Waskom Gas Processing Co. (WGPC) has completed the previously-announced expansion of gas processing capacity at its gas processing and natural gas liquids fractionation facility in Waskom, Texas, according to part owner Martin Midstream.
LUKoil begins $3bn/year investment plan for Russia downstream projects
Russia’s largest private oil company LUKoil has begun construction on a gas processing plant (GPP) included in a gas chemical facility (GCF) in Budyonnovsk, Stavropol Territory, part of the company’s plan to invest $3 billion/year in downstream operations from 2012 through 2014.
Cheniere, BG ink $8 billion export deal for US LNG
BG Group has signed a fully-termed sale and purchase agreement worth about $8 billion with Cheniere Energy Partners for the purchase of 3.5 million tpy of liquefied natural gas (LNG) over a 20-year period from the Sabine Pass LNG terminal located in Louisiana. LNG exports are expected to commence as early as 2015.
Williams to supply pipeline, gas processing for US Gulf development of Hess, Chevron
US natural gas infrastructure company Williams has signed agreements with Hess and Chevron to provide production handling, export pipeline, oil and gas gathering and gas processing services in the Tubular Bells field development located in the eastern deepwater Gulf of Mexico.
Chevron starts gas production at Thailand project
Chevron announced on Monday that its Thailand subsidiary has begun natural gas production from the Platong II project in the Gulf of Thailand. The $3.1 billion project is expected to ramp up production to 330 million cubic feet/ day.
Kinder Morgan expands gas treating business with SouthTex Treaters acquisition
Kinder Morgan Energy Partners has signed a definitive purchase and sale agreement to acquire SouthTex Treaters, a leading manufacturer, designer and fabricator of natural gas treating plants that remove CO2 and H2S. The cost is approximately $155 million.
Hydrocarbon Processing forecasts 2012 global HPI spending to rise to $222 billion
Spending for the hydrocarbon processing industry is expected to exceed $222 billion next year, up 1.1% over 2011 spending, according to information released on Friday at Hydrocarbon Processing magazine's 38th annual HPI Forecast and Breakfast.
PetroChina venture to build Tangshan LNG terminal
PetroChina is joining forces with Beijing Enterprises and China Suntien Green Energy Co. to build and operate a liquefied natural gas (LNG) terminal in Caofeidian harbor of Tangshan, north China, according to several local media reports.
Enterprise starts up new NGL fractionator in Texas
Enterprise Products said on Tuesday that its fifth natural gas liquids (NGL) fractionator at its complex in Mont Belvieu, Texas, has begun commercial operations and is operating in excess of its nameplate capacity of 75,000 bpd. The new unit increases total nameplate capacity at the partnership’s Mont Belvieu facility to 380,000 bpd.
- UTEP researchers boost microalgae biofuel yields with nanotechnology 7/28
- NASA tests new liquid hydrogen fuel tank for crewed Artemis missions 7/28
- Mizzou researchers engineer plants for optimal biofuel production 7/28
- India's top gas importer Petronet seeks loan to expand petchem plant 7/28
- EU Russia sanctions add fuel to red-hot global diesel market 7/28
- Spanish oil company Moeve's profit falls on blackout impact 7/28
