Gas Processing/LNG
HP Insight: Technology and market share: Challenges requiring ever-changing solutions
In this issue of HPInsight, workforce, fuel quality and capacity overhang are a few of the challenges that the hydrocarbon processing industry (HPI) must address and resolve. Expansion of the refining..
HP Construction: South America
Exterran Holdings, Inc., has a contract from Petrobras for the design, fabrication and sale of a major natural gas processing and treating facility in Itau, Bolivia. The facility is a dew-point gas pr..
Repsol to align with Pemex on downstream work in Americas, Spain, Portugal
Spain-based Repsol signed a strategic industrial alliance with Pemex, for 10 years, looking for synergies and profits in the short and medium term. The agreement involves cooperation in upstream and LNG in the Americas and downstream operations in the Americas, Spain and Portugal.
Natural gas output declines in lower 48 US states
Natural gas output in the Lower 48 US states in December eased 0.2%, or 0.14 billion cubic feet per day, to 72.54 billion cubic feet a day, government data released Wednesday show. The December data predate some modest output cuts unveiled in January as prices hit 10-year lows.
Linn to buy Kansas gas processing plant from BP
BP has agreed to sell its interests in the Jayhawk gas processing plant in Hugoton, Kansas, and associated producing gas fields in Kansas to an affiliate of LINN Energy. The $1.2bn sale is currently expected to complete on March 30, according to the companies.
Blackstone to invest $2bn in Cheniere US LNG plant
Blackstone Group is investing $2 billion in a liquefied natural gas (LNG) operation by buying senior subordinated paid-in-kind units from Cheniere Energy. Cheniere will use proceeds to develop its Sabine Pass liquefaction project at the Sabine Pass LNG terminal.
TransCanada to extend Tamazunchale natural gas pipeline in Mexico
TransCanada said Friday that it will build, own and operate the Tamazunchale Pipeline Extension in Mexico. TransCanada expects to invest approximately $500 million in the pipeline and anticipates an in-service date in the first quarter of 2014.
Shell eyes East Africa LNG, makes Cove Energy bid
Anglo-Dutch oil major Royal Dutch Shell on Wednesday proposed to buy all the shares of UK-listed Cove Energy, marking the company's first foray into Kenya and Mozambique. Shell is one of the world's largest LNG producers with equity sales volumes of 18.83 million tpy of LNG in 2011.
Chesapeake plans to double US production of oil, liquids by 2015
Chesapeake Energy said it plans to more than double its oil and liquids production by 2015 as the natural gas giant aims to become one of top five US oil producers. The company plans to produce about 250,000 bpd of oil and natural gas liquids by 2015, up from about 104,000 bpd in the fourth quarter.
ExxonMobil LNG venture in Papua New Guinea sets expansion target
A $15.7 billion energy venture in Papua New Guinea operated by ExxonMobil may know by the end of the year if it has enough gas for an expansion that could vastly improve its profitability. Initial drilling to support a possible expansion of the project has been pushed back until mid-2012.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
