Gas Processing/LNG
HP Construction: Asia Pacific
Fluor Corp. has a contract award from PETRONAS Gas Berhad, a subsidiary of PETRONAS, to provide front-end engineering design (FEED) services for a new liquefied natural gas (LNG) regasification termin..
Reliance Power, Shell to build new LNG terminal on India's east coast
Royal Dutch Shell, Reliance Power and Kakinada Seaports will jointly build a terminal on India's east coast to import liquefied natural gas. The 5 million tpy terminal is expected to start operations by 2014 and its capacity may be doubled to 10 million tons later, the Indian company said in a statement.
Shell to expand Athabasca oil sands as CEO sees Canada output growing
Shell will expand its Athabasca oil sands project by a third by the end of the decade, and Canada will make up a larger share of Shell's energy production over that period, CEO Peter Voser said. That would bring the project, in which Shell owns 60%, to at least 335,000 bpd of production.
Shale boom at risk over environment concerns
The IEA report shows how the shale gas industry, which has dramatically altered the US energy landscape, stands at a tipping point to determine how it spreads worldwide.
Air Products to supply gases for China LCD facility
Air Products said Tuesday that it signed a long-term contract with Xiamen Tianma Microelectronics to supply bulk gases, including ultra high-purity nitrogen and oxygen, hydrogen, argon, and helium, at a new facility in China. Financial terms of the contract were not disclosed.
T. Boone Pickens finds flaws in US energy plans of Obama, Romney
The energy titan didn't endorse either presidential candidate, saying Obama's "all of the above" energy plan needed to be more specific and Romney's plan is "not total".
MarkWest Energy buys Keystone gas processing plants in Pennsylvania
The acquired Keystone assets are located in the Marcellus Shale region of Butler County, Pennsylvania, and include two cryogenic gas processing plants totaling 90 million cubic feet/day of processing capacity, a gas gathering system and associated field compression.
BP confirms more limited scope for key European natural gas pipeline
UK energy giant BP confirmed that a key European pipeline project to import natural gas from Azerbaijan, called Nabucco, will be of much more limited scope than hoped and reach only Europe's border with Turkey. The decisions mark the end of a key strategic initiative in the region.
UOP opens gas processing membrane production center in Malaysia
UOP has opened a manufacturing and operations center in Penang, Malaysia, to produce natural gas membrane elements to support the growing natural gas market. Removing impurities is necessary before the gas can be used as fuel, as a source for petrochemicals or distributed by pipeline.
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.
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