Gas Processing/LNG
Chesapeake Midstream to buy Chesapeake Energy Marcellus shale assets
Chesapeake Midstream Partners agreed to buy midstream assets in the Marcellus Shale ultimately owned by Chesapeake Energy Corp. for $865 million. The acquired unit gives Chesapeake Midstream a 47% holding of an integrated system of assets consisting of about 200 miles of gathering pipeline in the Marcellus Shale.
Russia wants closer cooperation with Germany on gas projects - report
Russia's energy minister Sergei Shmatko is calling for closer cooperation between Germany and Russia on building gas power plants, a German newspaper reported Tuesday. Russia has the funds and gas, while Germany has the technology and a potentially large market, the official said.
Venezuela's PdVSA signs gas supply contract with Eni, Repsol
Venezuelan state energy giant Petroleos de Venezuela signed a supply contract with Italy's Eni SpA and Spain's Repsol YPF that will allow for development of the South American country's massive offshore Perla gas field. Project development has been slow, which some critics attribute to red tape and regulatory uncertainty emanating from President Hugo Chavez's government.
US energy R&D spending forecast up 23% for 2012
Energy-related research and development (R&D) sponsored by US manufacturers and technology firms will reach nearly $6.7 billion in 2012, up 23.1% from 2011, according to a forecast from research group Battelle. Overall, global spending by energy-related companies is expected to grow by 7.8% to reach $17.9 billion.
Praxair to acquire Houston welding-gas supplier
Praxair has agreed to acquire Houston-based Texas Welders Supply Co. (TWSCO), the companies confirmed on Friday, noting that the deal should close by December 31. TWSCO, a long-time distributor of Praxair, is the largest independent gas and welding products distributor in the greater Houston area.
Williams buys Marcellus gas assets in $750m deal
Williams Partners agreed to acquire a gas gathering system and other assets in the Marcellus shale from Delphi Midstream Partners in a deal valued at roughly $750 million based on Wednesday's close. The gathering system includes natural-gas pipelines in Pennsylvania and southern New York, as well as associated gathering facilities.
US coal industry sees limited 2012 upside - report
Softer export markets and natural gas displacement will outweigh benefits of lower stocks and consolidation for US coal producers in 2012, according to a new report. Domestic steam coal demand is in slow decline, and Fitch Ratings says it expects supply to remain disciplined.
Foster Wheeler wins EPCm for BP gas separation project in Scotland
Foster Wheeler has been awarded an engineering, procurement and construction management (EPCm) contract for BP Exploration’s enhanced gas separation project (EGSP) in Scotland. The project is expected to be completed in 2013.
Enbridge closes deal for Cabin gas plant in Canada
Enbridge on Friday announced the closing of its acquisition of a 71.0% interest in phases 1 and 2 of the Cabin gas plant development in Canada, which together will be capable of processing 800 million cubic feet per day (Mmcf/d) of natural gas.
Benefits of shale outweigh risks - US survey
In new poll, Americans say they believe tapping shale gas formations offers greater rewards than it does risks, including those associated with hydraulic fracturing.
- px Group signs LOIs for major SAF and green hydrogen/ammonia projects in Europe 6/19
- How TotalEnergies is utilizing hydrogen to decarbonize its refineries in Europe 6/19
- Oil tanker market signals more Middle East energy disruption ahead 6/19
- Yokogawa collaborates with Shell on robotics and AI technology for plant maintenance 6/19
- Alder Process Technology uses APS to produce low-carbon marine fuels 6/19
- Yokogawa celebrates 50th anniversary of CENTUM DCS: A pioneering achievement 6/19
