Gas to liquids (GTL)
Statoil and Wintershall sign strategic gas supply agreement
The companies agreed to a 10-year sales agreement for the delivery of 45 billion cubic meters (Bcm) of gas.
Enterprise Products launches new NGL fractionator at Mont Belvieu complex
Expected capacity is 85,000 bpd, increasing total fractionation capacity at Enterprise's Mont Belvieu facility to 485,000 bpd. The sixth fractionator will facilitate rising NGL production from domestic shale plays, including the Eagle Ford and other basins in the Rocky Mountain and Mid-continent regions.
Midstream processors reap benefits as US targets liquid shale plays – PwC
There were nine midstream deals that contributed $11.1 billion. According to PwC, there has been a rise in midstream processing deals during 2012 due to the oil and gas liquids being extracted from the shale plays and as companies think through the various scenarios that may play out with exports.
NGL profitability weakens amid rising US supply
Prices for natural gas liquids (NGLs) have dropped precipitously this year amid growing supplies, weakening margins for a key driver of US shale development. But extracting NGLs, such as ethane, propane and butane remains more attractive than producing dry natural gas, the report says.
HP Impact: Natural gas vehicles could be gaining traction
Natural gas vehicles could be gaining tractionA new report from PIRA Energy Group says that the sheer volume of US recoverable gas resources relative to expected demand suggests that benchmark Henry H..
HP Construction: Europe
Clariant has inaugurated what is said to be Germany’s biggest pilot plant for producing climate-friendly cellulose ethanol from agricultural waste. Located in Straubing, Bavaria, and supported by..
HP Construction: Asia-Pacific
Jilin Qianyuan Energy Development has selected Chemtex, along with Black & Veatch’s patented PRICO LNG technology, to deliver a major liquefied natural gas (LNG) facility. Expected to be complete..
Honeywell to buy majority share in gas technology firm Thomas Russell
The firm's UOP subsidiary has signed a definitive agreement to purchase a 70% stake in Thomas Russell Co., a privately-held provider of technology and equipment for natural gas processing and treating.
Keyera to build de-ethanizer at NGL fractionation facility in west Canada
The de-ethanizer will allow Keyera to process an ethane-rich stream of NGLs, creating specification ethane for delivery to petrochemical producers in Alberta and a propane-rich stream of NGLs for delivery into Keyera’s fractionation facilities. Keyera is targeting completion for the first half of 2014.
Calumet to expand Pennsylvania specialty site with modular gas-to-liquids plant
Calumet has commissioned Ventech Engineers, specialists in modular petroleum processing plants, to design and deliver the GTL plant utilizing an autothermal reformer (ATR) from Haldor Topsoe and Fischer-Tropsch technology from Velocys. Production is expected to begin in the second half of 2014.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
