Gas Processing/LNG
Shell remains committed to natural gas plan - CEO
Royal Dutch Shell believes rising natural gas demand will underpin its future profits, even though oil pricing still accounts for 80% of its margins, its CEO Peter Voser said on Tuesday. Despite a recent drop in US gas prices, the long-term pricing outlook for natural gas remains strong, he noted.
Phillips 66 licenses technology to Reliance for India gasification project
The planned gasification plants at the massive refining complex in Jamnagar will process petroleum coke and coal into synthesis gas for use as chemical feedstock.
RINA to project manage FLNG terminal in Indonesia
RINA Group will deliver concept selection, FEED, support during negotiations with potential shipyards, project management during construction, and support for commissioning for a new floating LNG terminal in South Sumatra, Indonesia. The terminal is expected to come into service in mid-2014.
KOGAS to host Gastech 2014 in Seoul, South Korea
The 27th Gastech Conference and Exhibition, the global meeting place for energy industry professionals, will take place at the KINTEX Conference & Exhibition Centre in Seoul, South Korea, from March 24-27 in 2014. Gastech says it is is proud to serve the broad and diverse spectrum of the global gas industry.
Repsol nixes LNG shipments to Argentina for 2012
Repsol YPF has decided to cancel 10 shipments of liquefied natural gas to Argentina scheduled for 2012 because it says an Argentine public energy company has failed to meet the terms of the contract. Repsol said it reserved the right to take legal action against Enarsa for breach of contract.
SABIC chief seeks more collaboration for US, Saudi business leaders
Mohamed Al-Mady, CEO of SABIC, is calling for “more productive engagement” between US companies and the Saudi private sector to further enhance business relations.
Shell partners with Asian energy giants for Canada LNG export project
Energy companies from China, South Korea and Japan have put aside political and commercial rivalries to ship billions of dollars worth of Canadian liquefied natural gas to Asian markets, but they will face stiff competition for supplies and customers from a raft of competing projects. Exports are expected by 2019.
India proposes to import shale gas liquids from US
India has proposed to import shale gas in liquid form from the US, a senior Indian government official said Wednesday. "This is our expectation. This is only a proposal. We proposed our [energy] needs are great," the official said, declining to elaborate further.
Excelerate Energy to build first US floating LNG unit
The Lavaca Bay FLNG project in Texas is the latest twist in a string of planned export plants as domestic gas production soars. First exports from the unit are expected in 2017.
Chevron, partners sign LNG sales pact with Tohoku for Australia gas project
Chevron on Monday signed a non-binding agreement with Tohoku Electric Power Co. (Tohoku) to deliver liquefied natural gas (LNG) from the Chevron-operated Wheatstone natural gas project in Australia. The company will deliver up to 1 million tpy (MTPA) of LNG to Tohoku for up to 20 years.
- Phillips 66 and Kinder Morgan announce open season extension for Western Gateway refined products pipeline 3/25
- Econotherm awarded contract for heat pipe heat exchanger in a Thai refinery 3/25
- Tecnimont awarded $50-MM rehab study contract for Guaracara refinery upgrade project 3/25
- Japanese refiners raise runs as stockpile release begins 3/25
- HyOrc signs binding agreement for European waste-to-methanol project 3/25
- Vietnam's Nghi Son refinery has crude oil for uninterrupted operations until end of May 3/25
