Gas Processing/LNG
Petrobras mulls LNG regasification, fertilizer plants in Rio Grande do Sul
Brazilian state-run oil company Petrobras said Friday that it had signed a letter of intent to study the feasibility of building fertilizer and liquefied-natural-gas, or LNG, regasification plants in Rio Grande do Sul state. The letter was signed by Petrobras, Samsung's machinery and ships division and Hyundai's bulk-carrier division.
ExxonMobil's natural gas emphasis may hurt small US producers
ExxonMobil’s decision to leave US natural gas output untouched despite low commodity prices may push smaller producers out of the business, force industry consolidation and make Exxon an even more powerful force. The company said drilling for natural gas in some areas is still profitable, even at current prices.
Shell looking at ways to improve US gas profits
The company says it may seek land for potential liquefaction and export terminals. After heavy investment in US shale assets, low gas prices are driving up project costs.
PetroChina buys 20% stake in Canada shale gas project from Shell
Shell confirmed it agreed to sell a 20% stake in a Canadian shale gas project to state-controlled PetroChina, saying that the move was the latest example of its strategic co-operation with parent China National Petroleum Corp. The natural gas output of the Groundbirch project is 125 million cubic feet/day.
Brazil sets domestic record for crude, natural gas production in 2011
Brazil set a record for crude oil and natural gas production in 2011 as ongoing tests at recently discovered oil fields continue to boost the country's output. Average daily output was 2.52 million BOE in 2011, up from 2.45 million BOE per day in 2010, according to the ANP.
Qatar plans LNG shutdown if Iran closes Hormuz
Qatar, the world's largest exporter of liquefied natural gas, is drawing up a contingency plan to close down its vast LNG facilities in an emergency, if Iran carries out recent threats to close the strategic Strait of Hormuz. Qatar has no alternative export routes for its LNG in the event of a blockade.
HP Insight: Government, environment and taxes, oh my!
In this issue of HPInsight, the global hydrocarbon processing industry (HPI) still battles some very familiar and present day challenges, such as economic cycles, feedstock spikes, government over reg..
HP Construction: North America
Sundrop Fuels, Inc., plans to construct and operate its first production facility on about 1,200 acres of land that it has purchased near Alexandria, Louisiana. The inaugural plant will use sustainabl..
Cheniere inks sales pact with Korea Gas to export Sabine Pass LNG
Cheniere Energy Partners has entered into an LNG sale and purchase agreement with Korea Gas Corp.(Kogas) under which Kogas has agreed to purchase 3.5 million tpy of LNG upon the completion of train three operations. The agreement has a term of 20 years and an extension option of up to 10 years.
Air Liquide acquires Georgia Gulf air separation unit
Air Liquide has purchased an air separation unit (ASU) from Georgia Gulf in Plaquemine, La. The ASU will join an existing system of 13 Air Liquide air separation units and utility production facilities serving more than 30 customers along the Mississippi River via Air Liquide’s pipeline network, the company said.
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
- KBC launches Visual MESA Energy Management System 7.3 11/18
- MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant 11/18
