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Gas Processing/LNG

Clean fuels firm Neste Oil divests Estonia gas unit

European renewable diesel supplier Neste Oil has sold its majority-owned (93.85%) Estonian subsidiary, AS Reola Gaas, to the Estonian-based Alexela Group. The transaction was completed on Monday. The parties said they agreed not to disclose the value of the sale.

Gulf oil, natgas production returns to normal after Tropical Storm Don

As of midday Monday, evacuations are over for platforms and rigs in the Gulf of Mexico, with nearly all shut-in oil and natural gas facilities having resumed operations, according to the US Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE).

Linde to build two air separation plants in China

Technology company The Linde Group has been commissioned to build and operate two large air separation plants to supply gases on site to the Chinese company Yantai Wanhua in Shandong (East China). The contract for the project, which will involve investment of around €130 million, was signed this week.

Tropical Storm Don shuts in 12% of Gulf oil output

Nearly 12% of offshore Gulf of Mexico oil production has been shut in as Tropical Storm Don churns toward the Texas coast, with an expected landfall late Friday near Corpus Christi. In total, 166,554 bpd in oil production has been shut in, or 11.9% of overall Gulf output, according to the US Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE).

Praxair to collaborate on environmental research with top China university

Industrial gases major Praxair has entered into a long-term environmental research collaboration with the State Key Lab of Pollution Control & Resource Reuse Study at Tongji University in Shanghai.

Conoco, Origin JV approves Australia LNG project

ConocoPhillips and partner Origin Energy on Thursday gave final approval to build the initial train of a two-train liquefied natural gas (LNG) 9.0 million tpy project by Australia Pacific LNG in Queensland, Australia.

Gulf oil, natural gas platforms shut in production as Tropical Storm Don targets Texas

Several oil and natural gas producers in the Gulf of Mexico began shutting in production and evacuating platforms on Thursday as Tropical Storm Don moves toward the lower Texas coast. Overall, the Gulf of Mexico accounts for 29% of US oil production and 13% of natural gas, according to the US Energy Information Administration (EIA).

Chevron, Apache sign LNG sales pact with Tokyo Electric Power Co.

Chevron, Apache Energy and Kufpec have signed binding sales and purchase agreements (SPAs) with Tokyo Electric Power Company (TEPCO) to deliver liquefied natural gas (LNG) from the Chevron-operated Wheatstone natural gas project in Australia.

Statoil to supply ethane for NOVA Canada cracker

NOVA Chemicals has signed a memorandum of understanding with Statoil to secure a long-term supply of ethane from the Marcellus Shale basin. Financial terms were not disclosed.

Chevron forms technology alliance with NASA to improve oil, natgas recovery

Chevron and NASA’s Jet Propulsion Laboratory (JPL) have formed an alliance to develop a range of technologies to improve the production and recovery of oil and natural gas resources, the groups said on Monday.