Americas
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.
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.
BP reaches turning point in oil output, safety - CEO
As BP announced its third-quarter financial results on Tuesday, group CEO Bob Dudley put forther more details on BP’s future direction and strategic priorities, saying the company had reached a clear turning point in oil and gas production.
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.
GE buys majority stake in US fuel-storage terminals
GE is expanding into petroleum product terminals by investing $85 million to become a majority owner of Lightfoot Capital Partners, the company said on Monday. Lightfoot Capital is the majority-owner of Arc Terminals, which operates petroleum product terminals in eight US states.
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.
Algenol begins construction on Florida bio-refinery
Algenol Biofuels has broken ground on construction of its pilot-scale integrated bio-refinery, which will include the first large-scale deployment of Algenol's patented Direct To Ethanol technology to produce ethanol directly from carbon dioxide, sunlight and salt water using blue-green algae in patented photobioreactors (PBRs).
US September oil demand up 2.5% from 2010 - API
At 19.9 million bpd, total US petroleum deliveries (a measure of demand) rose 2.5% in September compared with September a year ago, according to figures released on Friday from the American Petroleum Institute (API). While motor gasoline demand was up only slightly by 0.3%, distillate demand reached a record for the month, the trade group said.
US oil, gas industry invests $71 billion in technology to reduce greenhouse gases - study
Kyle Isakower, vice president for regulatory and economic policy with the American Petroleum Institute (API), says that between 2000 and 2010, the US oil and natural gas industry invested $71 billion in technologies that reduce greenhouse gas emissions, far more than the federal government ($43 billion) and almost as much as the rest of private industry combined ($74 billion).
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.
- XRG to expand its global chemicals reach with takeover of Covestro 11/21
- Armstrong International to double heat pump production capacity in Herstal, Belgium 11/21
- U.S. FERC explores blanket authorizations for LNG projects 11/21
- thyssenkrupp Uhde selected by Dangote Fertilizer Ltd. to license four urea granulation units in Nigeria 11/21
- Indian and Chinese refineries are moving to comply with U.S. sanctions on Russia 11/21
- Dynamis Power Solutions awards Baker Hughes with significant order for gas turbine technology to support mobile power for oil and gas applications 11/21
