Gas Processing/LNG
Two fuel barges explode in Alabama; three injured
Early indications were that a spark ignited residual gasoline vapors while a crew was cleaning the barges, said Lt. Mike Clausen of the US Coast Guard, which was still conducting an investigation late Thursday. "That's where the investigation is currently leading," he said.
India's Petronet agrees to 20-year deal to buy LNG from US company United
India's natural gas importers are fast sealing deals to secure supplies as demand far exceeds domestic output. The nation currently produces about three-quarters of its natural-gas requirements, but will need to import nearly half of its requirements within a few years due to dwindling production.
Woodside sees high demand for spot LNG cargoes
Woodside Petroleum CEO Peter Coleman doesn't see any major softening in LNG demand as buyers anticipate future supply increases from North America and East Africa. Demand for LNG is "very strong, particularly for spot cargoes and we expect that demand to maintain strength [in coming years]," he said.
Gazprom in talks with Petrovietnam for long-term LNG supply contract
Gazprom, the world's largest extractor of natural gas, plans to lift sales to Asia to help offset a drop in demand and regulatory troubles in its most lucrative market, Europe. It is planning to build a gas liquefaction plant in Vladivostok on Russia's Pacific coast. Potential financial terms weren't disclosed.
Crosstex to build Louisiana NGL fractionation unit, picks UOP technology
Under the deal, UOP will build and install the UOP Russell fractionation equipment that is designed to extract ethane and propane -- highly in demand as petrochemical feedstocks for producing ethylene and propylene, two building blocks for plastics -- from mixed natural gas liquids (NGL) streams.
Praxair to supply planned NWR refinery in Alberta with new air separation unit
The North West Redwater refinery is scheduled to start up in 2016. The NWR gasification process will consume oxygen to produce hydrogen, which is used to upgrade bitumen into diesel and other higher value hydrocarbon products. Initially, the refinery will convert 50,000 bpd of bitumen.
LNG 17: Global executives share new technologies, challenges of floating LNG
Executives from companies involved in floating liquefied natural gas (FLNG) projects discussed the benefits, challenges, and technologies involved in the design of their FLNG vessels.
Atlas Pipeline adds Texas gas processing plants with Teak Midstream deal
Atlas Pipeline CEO Eugene Dubay said Teak Midstream's assets are new, highly efficient and are located in the heart of one of the most prolific plays in North America. The assets being acquired include two cryogenic processing plants and 265 miles of high-pressure, rich gas-gathering lines.
Praxair opens largest Bahrain air separation plant
Praxair's plant has the capacity to produce 350 tpd of oxygen, making it the largest air separation unit in Bahrain. The air separation unit will also produce liquid nitrogen, oxygen and argon to supply a diverse group of customers in the regional merchant market, including refineries and chemical plants.
Executives predict shale boom in Russia and China, but Europe lags behind
Torbjorn Tornqvist, chief executive of trading house Gunvor, said Wednesday it was clear that shale production on a scale similar to that in the US is possible in several of the world's biggest current energy producers and consumers -- but that Europe is unlikely to be transformed by it.
- Carbon capture tops agenda at GPAE Conference 2025 6/17
- INEOS to cease phenol production at German site, cites high European energy costs and CO2 tax policy 6/17
- Petrobras signs $892 MM in contracts to complete RNEST Train 2 refinery expansion 6/17
- China's May refinery throughput at 9-month low on plant overhauls (1) 6/17
- bp completes turnaround work at 250,000-bpd refinery in Washington (U.S.) 6/17
- Japan's Eneos restarts 77,000-bpd Kawasaki CDU after unplanned shutdown 6/17
