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Gas Processing/LNG

ExxonMobil sees North America becoming net oil, gas exporter by 2025

The closely watched annual forecast of energy trends, set to be released Tuesday, concludes the growth of US and Canadian oil and gas production has staying power and could lead to more international shipments of oil and gas, said Exxon's vice president of corporate strategic planning, who led the study.

Praxair starts up first Russia air separation plant

The plant has a capacity of 350 tpd and will reduce Kaustik’s electricity consumption at the site by approximately 30%, according to Praxair officials. The plant will also supply merchant products to local markets such as metals, metal fabrication, glass, automotive, food, electronics and healthcare.

Natural gas pipeline explosion injures two, destroys homes in West Virginia

The explosion of a NiSource 20-inch transmission line destroyed five homes and severely damaged others in Kanawha County, about 15 miles north of state capital Charleston. The pipeline has been shut off, allowing emergency crews to approach the scene for further investigation.

Aramco cyber attack targeted Saudi production

HP Editorial Staff: HP News Services

The oil giant says an August cyber attack on its computer network targeted not just the company but the kingdom's economy as a whole, seeking to stop oil and gas production. The interior ministry joined Aramco's investigation into the attack that affected some 30,000 of the firm's computers.

Sempra seeks US permit to begin building Cameron LNG export facilities

The net benefits of the project outlined in Sempra's FERC application include creating nearly 3,000 direct jobs in the peak construction year and approximately 130 full-time jobs when fully operational. The US will review the application and conduct an environmental study on the proposal.

Dow disputes US findings in LNG export study

HP Editorial Staff: HP News

Dow Chemical says the recently-released report showing a positive economic impact is flawed, misleading, and based on outdated, inaccurate and incomplete data.

DCP unveils new Eagle Ford shale processing plant

The Goliad plant will have gas processing capacity of 200 million cubic feet/day. It will become part of the DCP Eagle Ford system providing Eagle Ford producers one-stop service from the plant tailgate to Gulf Coast market centers. The Goliad plant is expected to be completed by the first quarter of 2014.

Russia's Gazprom to increase gas exports in 2013

Deputy chief executive Alexander Medvedev said the Russian company would export more gas next year than this year. A minimum of a quarter of the gas will be supplied via new contracts, he said at the launch of the South Stream pipeline project in southern Russia that will bring Russian gas to Europe.

US energy sector poised for rising M&A activity

Volume and value levels in oil and gas are close to 2011 levels with an increase in mega deals led by private-equity funds that have increased their investment and exposure to the energy industry. PwC said it expects deal activity to rise in 2013, with ongoing consolidation in shale plays very likely.

RINA wins engineering, design deal for expansion of Greek LNG terminal

The expansion of the LNG Revithoussa terminal cryogenic facilities will boost the maximum sustainable gas send-out rate to 1400 Nm3/h, with a peak rate of 1650 Nm3/h. Financial terms weren't disclosed.