Gas Processing/LNG
US shale resources likely to spark manufacturing renaissance through 2025 - PwC
The abundance of shale gas resources could lead a US manufacturing renaissance with economic benefits that include cost savings, greater investments to expand manufacturing facilities and increased levels of employment, according to a new report.
US chemical group sees slow 2012 improvement, led by shale gas
Despite a slowdown in the US economic recovery, the outlook for the nation’s chemicals manufacturing industry is more encouraging, according to the American Chemistry Council’s (ACC) 2011 Year-End Situation and Outlook. The key to the domestic chemical industry’s recovery is access to vast, new supplies of natural gas from previously untapped shale deposits, the council says.
Cheniere finalizes export pact with GAIL India for Sabine Pass LNG
Cheniere subsidiary Sabine Pass Liquefaction entered into a liquefied natural gas (LNG) sale and purchase agreement with GAIL India, under which GAIL will buy 3.5 million tpy of LNG. Sabine Liquefaction is developing a liquefaction project at the Sabine Pass LNG terminal that includes up to four liquefaction trains capable of up to 18 million tpy of LNG.
Russia’s Novatek to double gas output by 2020
Russian natural gas producer OAO Novatek expects to more than double output to around 115 billion cubic meters a year by 2020, according to company officials.
Encana sells two western Canada gas processing plants to Veresen
Encana Corp. said it will sell two natural-gas processing plants in Alberta and British Columbia for C$920 million to energy infrastructure company Veresen. Encana, North America's second-largest natural gas producer after ExxonMobil, trimmed back its growth plans and put assets up for sale this year as it faced pressure from persistently low natural gas prices in North America.
Plains converting Oklahoma LPG pipeline to crude
Plains All American Pipeline announced Thursday that it is converting an existing Oklahoma liquefied petroleum gas (LPG) pipeline into crude oil service. The pipeline will provide an initial crude oil throughput capacity of 12,000 bpd by January 2012 and will be expanded to 25,000 bpd by July 2012.
Chevron to spend record $32.7 billion on capital projects in 2012
Chevron said it expects to spend a record $32.7 billion on capital projects in 2012 as it continues to invest in massive oil and gas projects worldwide. Rivals ConocoPhillips and Marathon Oil recently announced double-digit capital budget increases for next year, showing major oil companies are confident about the sustainability of high oil prices.
Marathon Oil boosting capital spending by $1 billion
Marathon Oil Corp. said Wednesday that it will increase its capital spending by $1 billion in 2012 as it moves to develop acreage in the Eagle Ford shale of South Texas. The firm plans to spend $4.82 billion on capital projects in 2012, up from its plan to spend $3.89 billion in 2011.
Qatargas picks GE technology to lower emissions
GE has signed a contract with Qatargas to supply advanced combustion technology to reduce gas turbine emissions at the Qatargas 1 Utility complex to meet new regulations. GE will provide its Dry Low NOx (DLN) 1.0 combustion system designed to achieve low emissions levels of 25 ppm for nitrogen oxide.
Shell looking at gas-to-liquids projects in US
Royal Dutch Shell is in the early stages of planning projects to turn natural gas into fuels like diesel in the US, of similar scale to its huge project in Qatar. Shell is only interested in large-scale projects similar to the $18 billion Pearl gas-to-liquids plant it has developed in Qatar, 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
