Gas Processing/LNG
T. Boone Pickens finds flaws in US energy plans of Obama, Romney
The energy titan didn't endorse either presidential candidate, saying Obama's "all of the above" energy plan needed to be more specific and Romney's plan is "not total".
MarkWest Energy buys Keystone gas processing plants in Pennsylvania
The acquired Keystone assets are located in the Marcellus Shale region of Butler County, Pennsylvania, and include two cryogenic gas processing plants totaling 90 million cubic feet/day of processing capacity, a gas gathering system and associated field compression.
BP confirms more limited scope for key European natural gas pipeline
UK energy giant BP confirmed that a key European pipeline project to import natural gas from Azerbaijan, called Nabucco, will be of much more limited scope than hoped and reach only Europe's border with Turkey. The decisions mark the end of a key strategic initiative in the region.
UOP opens gas processing membrane production center in Malaysia
UOP has opened a manufacturing and operations center in Penang, Malaysia, to produce natural gas membrane elements to support the growing natural gas market. Removing impurities is necessary before the gas can be used as fuel, as a source for petrochemicals or distributed by pipeline.
Shell remains committed to natural gas plan - CEO
Royal Dutch Shell believes rising natural gas demand will underpin its future profits, even though oil pricing still accounts for 80% of its margins, its CEO Peter Voser said on Tuesday. Despite a recent drop in US gas prices, the long-term pricing outlook for natural gas remains strong, he noted.
Phillips 66 licenses technology to Reliance for India gasification project
The planned gasification plants at the massive refining complex in Jamnagar will process petroleum coke and coal into synthesis gas for use as chemical feedstock.
RINA to project manage FLNG terminal in Indonesia
RINA Group will deliver concept selection, FEED, support during negotiations with potential shipyards, project management during construction, and support for commissioning for a new floating LNG terminal in South Sumatra, Indonesia. The terminal is expected to come into service in mid-2014.
KOGAS to host Gastech 2014 in Seoul, South Korea
The 27th Gastech Conference and Exhibition, the global meeting place for energy industry professionals, will take place at the KINTEX Conference & Exhibition Centre in Seoul, South Korea, from March 24-27 in 2014. Gastech says it is is proud to serve the broad and diverse spectrum of the global gas industry.
Repsol nixes LNG shipments to Argentina for 2012
Repsol YPF has decided to cancel 10 shipments of liquefied natural gas to Argentina scheduled for 2012 because it says an Argentine public energy company has failed to meet the terms of the contract. Repsol said it reserved the right to take legal action against Enarsa for breach of contract.
SABIC chief seeks more collaboration for US, Saudi business leaders
Mohamed Al-Mady, CEO of SABIC, is calling for “more productive engagement” between US companies and the Saudi private sector to further enhance business relations.
- U.S. EIA forecasts new export licensing requirements will reduce U.S. ethane exports 6/18
- Nigeria to export first gasoline cargo to Asia from Dangote refinery 6/18
- Indian refiners cancel palm oil orders for July-September as prices surge 6/18
- U.S. set to object to green jet fuel recommendation at UN aviation council 6/18
- Phoenix Contact introduces intrinsic safety versions of the MINI Analog Pro Ex conditioners for hazardous areas 6/18
- EIA: U.S. crude inventories fall by most in a year, fuel stocks build 6/18
