Gas Processing/LNG
LyondellBasell to buy Texas olefins pipeline system from BP
LyondellBasell signed a deal to purchase approximately 200 miles of pipeline near Houston from BP. The pipelines and metering stations comprise a Houston-area olefins distribution system transporting ethylene and propylene from Channelview, Texas, to Equistar's storage terminal at Mont Belvieu, Texas, and facilities in Deer Park, La Porte and the Bayport Industrial District in Pasadena, Texas.
Statoil sells stake in Norway pipeline JV Gassled
Norway’s oil company Statoil ASA will sell the majority of its stake in gas transportation firm Gassled for 17.35 billion Norwegian kroner ($3.2 billion).
IEA says natural gas entering 'golden age', could muscle out renewables
As supply and demand factors increasingly point to a future with natural gas playing a greater role in the global energy mix, the International Energy Agency (IEA) says natural gas may increasingly “muscle out” low-carbon fuels such as renewables and nuclear.
NPRA urges US approval of Keystone XL pipeline
The National Petrochemical & Refiners Association (NPRA) sent a letter to the US State Department urging approval of the Keystone XL pipeline, which would bring oil from Western Canada to US refineries.
Shell plans world-scale US ethylene cracker near Marcellus shale region
Shell is planning to build a world-scale ethylene cracker with integrated derivative units in the Appalachian region of the US, company officials said on Monday. The cracker would process ethane from Marcellus natural gas to produce ethylene, one of the primary building blocks for petrochemicals, officials said.
Air Products to supply Valero US Gulf refineries with hydrogen, plans new facility
Air Products will supply US refiner Valero with more than 200 million standard cubic feet/day of additional hydrogen for its refineries in St. Charles, Louisiana and Port Arthur, Texas, officials said on Monday.
KBR to design coal seam gas pipelines in Australia
KBR was awarded an engineering design services contract for three coal seam gas (CSG) pipelines to carry CSG from gasfields in central Queensland, Australia, to an export facility on Curtis Island.
Vopak, Enagas to acquire LNG terminal in Mexico
Global tank storage firm Vopak has partnered with Spain-based Enagas to acquire 100% of shares in the LNG import and re-gasification terminal in Altamira, Mexico.
Marathon Oil to buy $3.5 billion in Eagle Ford shale
Marathon Oil reached an agreement with Hilcorp Resources to purchase assets in the core of the Eagle Ford shale formation in Texas for $3.5 billion, subject to closing adjustments, customary terms and conditions.
Shell tells Technip, Samsung to begin construction of Australia floating LNG facility
Shell has instructed the Technip Samsung consortium (TSC) to proceed with construction of the first floating liquefied natural gas (FLNG) facility in the world, officials said on Tuesday.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
