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Gas Processing/LNG

Shell inks LNG supply deal with Taiwan’s CPC

Shell has signed a long-term agreement to supply liquefied natural gas (LNG) to Taiwan’s CPC Corp., it said on Monday. With the deal, Shell will supply 2mn tonnes/year of LNG for 20 years, starting in 2016.

Malaysia’s Petronas to build $20 billion integrated refinery, petrochemical complex

Malaysia’s state-owned energy major Petronas will build a $20 billion integrated refinery and petrochemicals complex in Southern Johor, the company said on Friday.

Total joins ExxonMobil to explore Poland shale gas

US-based ExxonMobil and French oil major Total signed an agreement to explore shale gas in the Chelm and Werbkowice areas in Poland.

Southern Union, BG seek US approval to export LNG from Louisiana terminal

Two energy companies have applied for a US license to export liquefied natural gas (LNG) from their Lake Charles, La. import terminal.

Statoil withdraws from ownership in Swiss gas-to-liquids licensing venture

Statoil will withdraw from ownership and management roles with gas-to-liquids venture company GTL.F1, saying it does not see licensing of GTL technology as part of its core business.

Chevron inks Australia LNG supply deal with Japan refiner JX Nippon

An Australian subsidiary of Chevron has signed a sales and purchase agreement with Japan’s JX Nippon Oil and Energy for a portion of Chevron's offtake of liquefied natural gas (LNG) from the Gorgon project.

BP/Davy select EPC firms CB&I, Jacobs and Shaw for Fischer Tropsch deployment

BP and Davy Process Technology announced collaborations with three EPC contractors to promote the commercialization of the BP/Davy Fischer Tropsch process.

Nuevo Midstream to restart Texas natural gas processing plant

Nuevo Midstream said on Monday that with the addition of a recent 6,500-acre dedication in the Avalon Shale trend, the company has sufficient acreage, volume and well commitments to recommission its refrigerated JT processing plant and fractionator near Orla, Texas.

LINN Energy inks $220mn deal for oil, natural gas assets in Texas, Oklahoma

LINN Energy announced on Monday that it signed an agreement with Panther Energy and Red Willow Mid-Continent to acquire 40% of their oil and natural gas properties located in Ochiltree and Lipscomb Counties, Texas and Ellis County, Oklahoma for $220mn, subject to closing conditions.

Kinder Morgan buys $920mn in US shale assets, will build $220mn crude/condensate pipeline

Kinder Morgan Energy Partners (KMP) has agreed to pay approximately $855mn to Petrohawk Energy and assume approximately $65 million in debt for Petrohawk’s 50% interest in KinderHawk Field Services (the natural gas gathering and treating services provider in the Haynesville Shale) and a 25% interest in Petrohawk’s natural gas gathering and treating business in the Eagle Ford Shale.