Gas Processing/LNG
Cheniere Energy, Inc. ends negotiations to acquire Cheniere Energy Partners LP Holdings, LLC
HOUSTON -- Cheniere Energy, Inc. announced today that it has terminated negotiations with the conflicts committee of the board of directors of Cheniere Energy Partners LP Holdings, LLC regarding Cheniere's previously announced non-binding proposal to acquire all of the publicly held shares of Cheniere Partners Holdings not already owned by Cheniere in a stock-for-stock merger transaction.
Industry Perspectives: New downstream project announcements drop 35% in 2016
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, nearly 470 new projects have been announced in the downstream hydrocarbon processing industry over the past two years. New project announcements have fallen from 285 in 2015 to 185 in 2016. This trend analysis represents a year-over-year decrease of approximately 35%.
Editorial Comment: Hydrocarbon Processing forecasts $321 B in total HPI spending in 2017
What is the state of the global hydrocarbon processing industry (HPI)? Which regions and sectors are seeing growth, and which are stagnant, or possibly shrinking? These were some of the questions that <i>Hydrocarbon Processing</i> editors tackled at the 43rd Annual <i>Hydrocarbon Processing</i> Forecast Breakfast.
Höegh LNG awarded long-term LNG contract in Ghana
Höegh LNG signed an FSRU contract with Quantum Power Ghana Gas Limited for the Tema LNG import terminal located close to Accra in Ghana.
Japan's Idemitsu JV plans to expand LPG use at naphtha cracker
TOKYO (Reuters) -- Japan's Idemitsu Kosan said on Tuesday its JV with Mitsui Chemicals would conduct work to expand the processing of propane at Idemitsu's naphtha cracker to take advantage of cheap liquefied petroleum gas (LPG) prices.
Ophir and OneLNG to form joint operating company to develop Fortuna FLNG project
Ophir Holdings & Ventures and OneLNG have signed a binding shareholders' agreement to establish a joint operating company to develop the Fortuna project utilizing Golar's FLNG technology.
Gazprom says Japanese lender JBIC may help finance Sakhalin-2 LNG expansion
Gazprom has discussed possible financing with the Japan Bank for International Cooperation for the expansion of the Sakhalin-2 LNG plant.
Canadian Court of Appeal halts ExxonMobil acquisition of InterOil
In its decision, the Court of Appeal for Yukon overturned a ruling by the Yukon Supreme Court last month that had approved the proposed plan of arrangement by ExxonMobil Corp. to acquire all of the shares of InterOil.
Wärtsilä's to cooperate with ENGIE to develop small scale LNG markets
Wärtsilä has signed a memorandum of understanding with French multinational energy company ENGIE, to develop solutions and services within the small scale LNG business sector.
Woodfibre LNG receives project funding
Pacific Oil & Gas Ltd. has authorized the funds necessary for the Woodfibre LNG Project to proceed.
- Jinggong Group, Yokogawa sign multi-faceted strategic partnership on mutual business development 6/11
- USA BioEnergy secures long-term feedstock supply for $2.8-B SAF refinery in Texas (U.S.) 6/11
- GameChange Solar secures 450-MWp order for green ammonia project in Oman 6/11
- Russia's offline primary oil refining capacity revised up 21% in July 6/11
- Borouge awards ADNOC L&S 15-year contract to accelerate growth of UAE petrochemical exports 6/11
- TOYOTA GAZOO Racing unveils liquid hydrogen-fueled "GR LH2 Racing Concept" at Le Mans 6/11
