Gas Processing/LNG
Woodside to study Shell floating LNG technology
In a statement, Woodside CEO Peter Coleman said he now agreed that floating LNG could be the quickest way to develop Browse, which contains an estimated 15.5 trillion cubic feet of natural gas. Shell says its floating LNG technology is the fastest and most economic way to develop Browse.
Air Products to supply LNG heat exchangers for Maryland liquefaction plant
Air Products will supply its LNG proprietary C3MR liquefaction technology and equipment to a joint venture of IHI E&C International and Kiewit. It will be installed at Dominion's major liquefaction project, to be constructed at the site of Dominion's existing Cove Point LNG import terminal in Maryland.
Two fuel barges explode in Alabama; three injured
Early indications were that a spark ignited residual gasoline vapors while a crew was cleaning the barges, said Lt. Mike Clausen of the US Coast Guard, which was still conducting an investigation late Thursday. "That's where the investigation is currently leading," he said.
India's Petronet agrees to 20-year deal to buy LNG from US company United
India's natural gas importers are fast sealing deals to secure supplies as demand far exceeds domestic output. The nation currently produces about three-quarters of its natural-gas requirements, but will need to import nearly half of its requirements within a few years due to dwindling production.
Woodside sees high demand for spot LNG cargoes
Woodside Petroleum CEO Peter Coleman doesn't see any major softening in LNG demand as buyers anticipate future supply increases from North America and East Africa. Demand for LNG is "very strong, particularly for spot cargoes and we expect that demand to maintain strength [in coming years]," he said.
Gazprom in talks with Petrovietnam for long-term LNG supply contract
Gazprom, the world's largest extractor of natural gas, plans to lift sales to Asia to help offset a drop in demand and regulatory troubles in its most lucrative market, Europe. It is planning to build a gas liquefaction plant in Vladivostok on Russia's Pacific coast. Potential financial terms weren't disclosed.
Crosstex to build Louisiana NGL fractionation unit, picks UOP technology
Under the deal, UOP will build and install the UOP Russell fractionation equipment that is designed to extract ethane and propane -- highly in demand as petrochemical feedstocks for producing ethylene and propylene, two building blocks for plastics -- from mixed natural gas liquids (NGL) streams.
Praxair to supply planned NWR refinery in Alberta with new air separation unit
The North West Redwater refinery is scheduled to start up in 2016. The NWR gasification process will consume oxygen to produce hydrogen, which is used to upgrade bitumen into diesel and other higher value hydrocarbon products. Initially, the refinery will convert 50,000 bpd of bitumen.
LNG 17: Global executives share new technologies, challenges of floating LNG
Executives from companies involved in floating liquefied natural gas (FLNG) projects discussed the benefits, challenges, and technologies involved in the design of their FLNG vessels.
Atlas Pipeline adds Texas gas processing plants with Teak Midstream deal
Atlas Pipeline CEO Eugene Dubay said Teak Midstream's assets are new, highly efficient and are located in the heart of one of the most prolific plays in North America. The assets being acquired include two cryogenic processing plants and 265 miles of high-pressure, rich gas-gathering lines.
- 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
