Gas Processing/LNG
Global oil, gas firms poised for strong 2011 finish despite market uncertainty - report
Though third-quarter financial news has been decidedly more bearish than bullish, advisory firm Ernst & Young's oil and gas center says it anticipates a steady close to the year. The oil and gas industry is set to end 2011 strong amid great uncertainty in the broader market, according to the firm’s quarterly oil and gas update.
Praxair acquires supplier American Gas Group
Praxair Distribution Inc., a subsidiary of Praxair Inc., has acquired American Gas Group (AGG), a leading supplier of specialty gases worldwide.
Enterprise starts new pipeline for Louisiana shale
Enterprise Products says its $1.5 billion, 270-mile Acadian Haynesville Extension pipeline officially begins commercial service on Tuesday. Featuring interconnects with 12 interstate pipeline systems and the only southerly option that avoids potential bottlenecks at the Perryville hub, the Haynesville Extension offers producers flow assurance and market choice to assist in maximizing the value of their natural gas.
DCP finalizes deal for Conoco pipeline to US Gulf, will convert to NGL service
DCP Midstream has closed on its previously-announced acquisition of the Seaway Products Pipeline Co. from ConocoPhillips. DCP will convert the renamed Southern Hills Pipeline to natural gas liquids service and add extensions to Mont Belvieu, Texas
Chevron discovers more natural gas in offshore Western Australia
Chevron announced further drilling success by its Australian subsidiary in the Carnarvon Basin located in offshore Western Australia, Australia’s premier hydrocarbon basin. The discoveries are expected to help underpin potential expansion opportunities at the Wheatstone liquefied natural gas (LNG) hub, which moved to the construction phase in September 2011.
El Paso, GE open Gulf LNG regasification terminal
GE announced on Thursday that its co-owned Gulf LNG regasification and liquefied natural gas storage facility on the Gulf of Mexico has successfully begun operations. The terminal, operated by a subsidiary of El Paso Corp., is located adjacent to the Bayou Casotte Ship Channel in the Port of Pascagoula on the Gulf coast.
Shale plays spark Q3 rise in US oil, gas deals - PwC
The total value of US oil and gas mergers and acquisitions (M&A) during the third quarter of 2011 jumped 135% as foreign investors continued to show interest in the energy sector, especially in taking positions in shale plays and upstream-related assets, according to a new study from global consultancy PricewaterhouseCoopers (PwC).
Waskom finishes Texas gas processing expansion
Waskom Gas Processing Co. (WGPC) has completed the previously-announced expansion of gas processing capacity at its gas processing and natural gas liquids fractionation facility in Waskom, Texas, according to part owner Martin Midstream.
LUKoil begins $3bn/year investment plan for Russia downstream projects
Russia’s largest private oil company LUKoil has begun construction on a gas processing plant (GPP) included in a gas chemical facility (GCF) in Budyonnovsk, Stavropol Territory, part of the company’s plan to invest $3 billion/year in downstream operations from 2012 through 2014.
Cheniere, BG ink $8 billion export deal for US LNG
BG Group has signed a fully-termed sale and purchase agreement worth about $8 billion with Cheniere Energy Partners for the purchase of 3.5 million tpy of liquefied natural gas (LNG) over a 20-year period from the Sabine Pass LNG terminal located in Louisiana. LNG exports are expected to commence as early as 2015.
- 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
