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Gas Processing/LNG

Honeywell to buy majority share in gas technology firm Thomas Russell

The firm's UOP subsidiary has signed a definitive agreement to purchase a 70% stake in Thomas Russell Co., a privately-held provider of technology and equipment for natural gas processing and treating.

India's GAIL inks 20-year LNG pact with Gazprom

India's state-run GAIL (India) Ltd. has signed a 20-year deal to buy LNG from the Singapore unit of Russia's Gazprom OAO. The GAIL/Gazprom deal may also help revive development of the long-delayed Shtokman natural gas field in Arctic Russia, which Gazprom postponed indefinitely in August.

Pemex works to replace gas supply lost after blast

Pemex CEO Juan Jose Suarez Coppel said he expects it will take about 15 days to complete a bypass that will allow gas to flow once again from the northern Burgos gas fields to the central part of the country. He said the gas-reception center damaged by blast is a relatively new plant.

INEOS to source US shale ethane for European cracker feedstock

HP Editorial Staff: HP News

The company has agreed to a 15-year deal with Range Resources to take Marcellus Shale ethane from the Marcus Hook facility in Pennsylvania, beginning in 2015.

Williams agrees to new gas processing project for Canadian oil sands

Williams said its offgas processing method captures and processes a rich NGL/olefins mixture that would normally be burned by the oil sands producer. The producer instead burns methane that Williams provides in exchange for the NGL/olefins mixture. The name of the producer wasn't disclosed.

Petronas picks GE compressor technology for first Asia floating LNG project

GE was awarded the contract primarily on the basis of its technology as well as its experience in the LNG and offshore sectors, it said. The order is also based on GE’s global frame agreement with Petronas.

Airgas plans new Chicago industrial gases plant

The air separation unit, which will produce more than 400 tpd of oxygen, nitrogen, and argon, is expected to begin production in the fall of 2014. “The market for atmospheric gases is very strong in the Midwest and we fully expect it to continue,” said Michael Molinini, Airgas CEO.

Death toll rises to 29 after Pemex gas compression plant fire in Tamaulipas

The fire broke out in the late morning at a gas-reception center located on a highway that runs from the northern city of Monterrey to the border city of Reynosa. The facility receives natural gas and condensates from the Burgos production complex for transfer to its gas and petrochemical division.

Canada looks to Asian markets amid LNG glut in US

A decade-long boom in US production of natural gas drove prices to a record low of $1.91 per million British thermal units in April, and has created more energy independence for the US, which is virtually Canada's only energy export market. Thus, Canada has set its sights on energy-hungry Asian markets.

Fire at Pemex gas plant in Mexico kills 10 workers

Pemex said the fire broke out late in the morning and was contained just after midday. Rescue teams shut down the valves at the reception station and Pemex sent a special team of firefighters to control the blaze. Pemex said Tuesday afternoon that it had confirmed 10 deaths as a result of the accident.