Gas Processing/LNG
HP Viewpoint: Cautious optimism for growth seen in US natural gas market
With the advantages of a large resource base, relatively reasonable costs, and environmental pressures on competing fuels, such optimism is justified. However, the industry’s hopes are not guaranteed to be fulfilled.
HP Viewpoint: LNG’s future: Branching out
The liquefied natural gas (LNG) industry is mature and poised to branch out in many new directions in the coming decades as it continues to grow in capacity.
HP Construction: North America
BioAmber and Mitsui & Co. have partnered to build and operate a manufacturing facility in Sarnia, Ontario, Canada. The initial phase of the facility is expected to produce 17,000 metric tons of biosuc..
HP Innovations: HPInnovations
New diode laser caters to range of applicationsServomex Group’s SERVOTOUGH LaserCompact 2900 (Fig. 1), a tuneable diode laser (TDL), is designed to deliver true continuous in-situ monitoring acro..
Chesapeake Midstream to buy Chesapeake Energy Marcellus shale assets
Chesapeake Midstream Partners agreed to buy midstream assets in the Marcellus Shale ultimately owned by Chesapeake Energy Corp. for $865 million. The acquired unit gives Chesapeake Midstream a 47% holding of an integrated system of assets consisting of about 200 miles of gathering pipeline in the Marcellus Shale.
Russia wants closer cooperation with Germany on gas projects - report
Russia's energy minister Sergei Shmatko is calling for closer cooperation between Germany and Russia on building gas power plants, a German newspaper reported Tuesday. Russia has the funds and gas, while Germany has the technology and a potentially large market, the official said.
Venezuela's PdVSA signs gas supply contract with Eni, Repsol
Venezuelan state energy giant Petroleos de Venezuela signed a supply contract with Italy's Eni SpA and Spain's Repsol YPF that will allow for development of the South American country's massive offshore Perla gas field. Project development has been slow, which some critics attribute to red tape and regulatory uncertainty emanating from President Hugo Chavez's government.
US energy R&D spending forecast up 23% for 2012
Energy-related research and development (R&D) sponsored by US manufacturers and technology firms will reach nearly $6.7 billion in 2012, up 23.1% from 2011, according to a forecast from research group Battelle. Overall, global spending by energy-related companies is expected to grow by 7.8% to reach $17.9 billion.
Praxair to acquire Houston welding-gas supplier
Praxair has agreed to acquire Houston-based Texas Welders Supply Co. (TWSCO), the companies confirmed on Friday, noting that the deal should close by December 31. TWSCO, a long-time distributor of Praxair, is the largest independent gas and welding products distributor in the greater Houston area.
Williams buys Marcellus gas assets in $750m deal
Williams Partners agreed to acquire a gas gathering system and other assets in the Marcellus shale from Delphi Midstream Partners in a deal valued at roughly $750 million based on Wednesday's close. The gathering system includes natural-gas pipelines in Pennsylvania and southern New York, as well as associated gathering facilities.
- 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
