Gas Processing/LNG
US natgas firm Williams outbids Energy Transfer on proposed Southern Union acquisition
Williams said Thursday that it is offering $39/share in cash for all outstanding shares of Southern Union, making for a total enterprise value of $8.7 billion.
Sasol picks Foster Wheeler for technical study of Canada gas-to-liquids project
Foster Wheeler has been awarded a contract by Sasol to perform the technical portion of a feasibility study for a planned gas-to-liquids facility in Canada, on behalf of the Sasol/Talisman Energy partnership.
Energy Transfer, Regency to build 530-mile NGL pipeline in Texas
Energy Transfer and Regency Energy will construct an approximately 530-mile natural gas liquids (NGL) pipeline in Texas through their Lone Star NGL joint venture.
Shell agrees to alliance, well manufacturing JV with China National Petroleum Co.
Shell and China National Petroleum Co. (CNPC) on Monday signed a global alliance agreement to emphasize a shared intent to pursue mutually beneficial cooperation opportunities internationally as well as in China, the companies said.
TransCanada acquires Guadalajara LNG pipeline in Mexico for $360mn
TransCanada announced that its $360 million acquisition of the Guadalajara pipeline in Mexico has been completed. The entire capacity of the 307-kilometre (192-mile), 30-inch-diameter pipeline is held under a 25-year contract with Comision Federal de Electricidad (CFE), Mexico's state-owned electric company.
US law firms to investigate claims against merger of Energy Transfer, Southern Union
US-based Briscoe Law Firm, founded by a former state prosecutor and enforcement attorney for the US Securities and Exchange Commission, and the securities litigation law firm of Powers Taylor are investigating potential legal claims against the board of directors of Southern Union related to the company’s takeover by Energy Transfer.
IEA sees increasing natgas use, warns of high oil prices curbing demand
Annual growth in oil demand could average 1.2 million barrels per day (mb/d) between now and 2016, while natural gas demand could grow by around 500 billion cubic meters – around 2.5 times Russia’s current gas exports – during the same time, according to the International Energy Agency’s (IEA) medium-term oil and gas market outlook.
Energy Transfer to buy Southern Union for $4.2bn, form leading US pipeline company
Energy Transfer (ETE) and Southern Union (SUG) have entered into a merger agreement whereby ETE will buy Southern Union for $7.9 billion, including about $3.7 billion in debt, creating one of the top integrated midstream companies in the US natural gas pipeline industry.
Argentina opens nation's second LNG import facility
Argentina’s second LNG import facility GNL Escobar (GNLE) - a joint development between YPF S.A., ENARSA and Excelerate Energy – has officially opened for business, officials said on Thursday.
Shaw completes new natgas-fired US power plant
The Shaw Group said Wednesday that it completed construction of a new, 500-megawatt nominal combined-cycle natural gas-fired plant for NV Energy at the existing Harry Allen Generating Station north of Las Vegas.
- CLG and INA successfully produce SAF from biogenic feedstock 7/29
- HAMR Energy announces plans for Australia’s first major methanol-to-jet fuel facility 7/29
- Johnson Matthey’s tech enables successful start-up of the world’s largest single-train methanol plant 7/29
- Clariant and Shanghai Boiler partner to develop green methanol/ammonia and SAF projects in China 7/29
- China ramps up exports of refined fuels as margins rise 7/29
- Baker Hughes to acquire Chart Industries for $13.6 B 7/29
