Gas Processing/LNG
Fluor wins construction work from Sunoco to expand NGLs hub in US
Under the contract, Fluor will manage the construction of new terminal facilities to store, chill, process and distribute propane, butane and ethane at the complex.
Shell completes $53-billion acquisition of global LNG leader BG Group
The complex merger is based on a desire to transform Shell into a more specialized group, focused on the rapidly growing LNG market and deepwater oil production.
Conoco wins US approval on Kenai LNG exports
ConocoPhillips will be allowed to export about 40 billion cubic feet of LNG over a two-year period, starting on February 19. The company’s previous export licence for the Kenai plant in Nikiski, located on the Kenai peninsula, expired at the end of March 2013.
Shell postpones final decision on LNG Canada
The project, proposed by a JV of Shell, PetroChina, Kogas and Mitsubishi Corp., would initially consist of two 6.5 MMtpy LNG production trains with an option to expand with two more trains.
Total to supply US LNG to Indonesia’s Pertamina
Under the terms of the deal, which start in 2020 and last 15 years, Total will purchase from 2020 around 400,000 tpy of Pertamina's LNG from Corpus Christi LNG, currently under construction in the US.
Primus makes 100-octane gasoline at GTL demo
With the production of 100-octane zero-sulfur, zero-benzene, zero-lead gasoline, Primus says it could address fuels that meet EU and Commonwealth of Independent States (CIS) specifications.
Use discrete event simulation as decision support for storage and shipping—Part 2
Over the past decades, one engineering firm has been using discrete event simulation (DES) to study shipping and storage as an integral part of project execution throughout all phases of a process facility’s design, construction and operations.
Tanzania finalizes land deal for delayed LNG plant
BG Group, being acquired by Royal Dutch Shell , along with Statoil, ExxonMobil and Ophir Energy, plan to build the onshore LNG export terminal in partnership with the state-run Tanzania Petroleum Development Corp. (TPDC). They aim to start it up in the early 2020s.
Phillips 66: Robust refining profit offset by weaker chemicals, midstream
While refining results were strong, the company's quarterly profit was hurt by lower earnings from its midstream and chemicals businesses. Adjusted earnings at Phillips 66's midstream business more than halved to $42 million in the quarter, hurt by a fall in natural gas prices.
BG shareholders strongly back merger with Shell
BG will now merge with Shell on Feb. 15, nearly two decades after the company was born from British Gas and just a few months after it reached record oil and gas output.
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