Gas Processing/LNG
France's GDF Suez close to buying Repsol LNG unit
GDF Suez is interested in the unit as it is already big on liquefied natural gas production, export and supply shipment, according to company officials. A report says GDF chief executive Gerard Mestrallet may announce a deal during an investors day scheduled next Thursday.
Petrobras selects UOP technology for offshore gas processing in Brazil
UOP, which opened a sales office in Rio de Janeiro in 2011 to better serve the oil and natural gas sectors in Latin America, will fabricate a significant portion of the membrane system locally in Brazil. The technology upgrades natural gas streams by removing carbon dioxide and water vapor.
Air Products to raise Taiwan nitrogen production, expand regional pipeline
The company will build an additional two air separation units and expand its existing nitrogen pipeline to serve the region, which includes Tainan Science-Based Industrial Park (TSIP) and Tree Valley Science and Industry Park (TVSIP). The amount of expanded output was not disclosed.
IEA calls for South Korea gas market reform
The agency says LNG trading between Korea Gas (Kogas) and other local companies should be encouraged, with local LNG consumers given the right to select a supplier. Local companies other than Kogas are currently not allowed to import LNG for trading purposes.
North American sales of natural gas vehicles seen lagging through 2019
While many markets in Europe and Latin America continue to struggle with expanding refueling infrastructure quickly enough to meet the needs of both consumers and fleets, the adoption of NGVs is still growing rapidly. North America, however, continues to lag.
Shell may delay Arrow LNG as Australian costs rise
Royal Dutch Shell could postpone a decision on its Arrow liquefied natural gas (LNG) project on Curtis Island in Queensland, Australia, until 2014. Costs for Australian LNG facilities are climbing as the nation looks to overtake Qatar as the world's largest exporter of LNG, amid burgeoning Asian demand.
LNG mobile fueling unit successfully demonstrated
The Linde mobile fueler allows customers to test the feasibility of using LNG as an alternative to fuels such as diesel.
UGI to buy BP's Polish LPG distribution unit
UGI Corp. subsidiary Flaga GmbH has reached a definitive agreement to acquire BP's LPG distribution business in Poland.
Statoil and Wintershall sign strategic gas supply agreement
The companies agreed to a 10-year sales agreement for the delivery of 45 billion cubic meters (Bcm) of gas.
Shell sees inflation, politics capping LNG exports
Inflation and US domestic politics are likely to limit the amount of LNG exported from proposed projects in North America to around 60 MMtpy to 70 MMtpy over the next decade, Royal Dutch Shell's chief financial officer, Simon Henry, said.
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- BGN announces strategic MoU with XCF Global to produce and supply SAF 11/17
- KazMunayGas and Uzbekneftegaz partner to build 50,000-tpy linear alkylbenzene plant 11/17
- Chevron joins race to explore potential purchase of Lukoil assets, including refineries 11/17
- Abra Group and Sumitomo sign MoU to advance affordable SAF in Brazil 11/17
- Sonatrach signs contract for unit with Sinopec subsidiary to boost gasoline production capacity 11/17
