Gas Processing/LNG
UGI to buy BP's Polish LPG distribution unit
UGI Corp. subsidiary Flaga GmbH has reached a definitive agreement to acquire BP's LPG distribution business in Poland.
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.
Shell sees inflation, politics capping LNG exports
Inflation and US domestic politics are likely to limit the amount of LNG exported from proposed projects in North America to around 60 MMtpy to 70 MMtpy over the next decade, Royal Dutch Shell's chief financial officer, Simon Henry, said.
GE partners with Clean Energy on LNG truck fueling
GE's plug-and-play modular units, designed to rapidly liquefy gas while minimizing physical footprint, will support fueling stations along major US transportation corridors. Truck fleets often can reduce fuel costs by more than 25% and cut emissions with LNG, the company says.
US industry sees self-sufficiency for natural gas, but not crude oil – survey
When it comes to oil, however, survey respondents are far less optimistic about the ability to meet American demand with domestic supplies: 54% say the US will never be completely oil self-sufficient, and only 26% of respondents say oil self-sufficiency is achievable in the next 10 years.
GDF Suez taps KBR to design Australia FLNG vessel
This award is one of two contracts being let by GDF Suez as part of an initial concept definition design competition for the vessel. The concept definition work is already underway in KBR’s London operations center in Leatherhead, and is expected to last up to 12 months, according to the company.
Indonesia approves expansion of BP LNG project
The plan calls for building a third liquefaction train at Tangguh, located in far eastern West Papua province, at an estimated cost of $12 billion. The third train would add liquefaction capacity of 3.8 million metric tpy to Tangguh, bringing total capacity to 11.4 million tons, the company said.
HP Innovations: Innovations
Neste Oil makes progress on microbial oil plantFinland’s Neste Oil recently completed the first phase of a pilot plant for producing microbial oil. The €8 million plant is expected to be com..
HP Industry Perspectives: Industry Perspectives
Key industry officials answer a poll question from HydrocarbonProcessing.com
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.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
