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Gas Processing/LNG

Catalyst can convert natural gas into gasoline - firm

Carbon Sciences, the developer of a technology to make gasoline and other fuels from natural gas and carbon dioxide, has confirmed that recent commercial tests prove the value of the company’s natural gas to gasoline technology.

Open season begins for proposed Marcellus ethane pipeline

El Paso Corp. and Spectra Energy Corp. say that the Marcellus ethane pipeline system (MEPS) is holding a 30-day open season. The open season is an effort to secure binding commitments from potential shippers that desire ethane transportation service.

US natgas firm Williams outbids Energy Transfer on proposed Southern Union acquisition

Williams said Thursday that it is offering $39/share in cash for all outstanding shares of Southern Union, making for a total enterprise value of $8.7 billion.

Sasol picks Foster Wheeler for technical study of Canada gas-to-liquids project

Foster Wheeler has been awarded a contract by Sasol to perform the technical portion of a feasibility study for a planned gas-to-liquids facility in Canada, on behalf of the Sasol/Talisman Energy partnership.

Energy Transfer, Regency to build 530-mile NGL pipeline in Texas

Energy Transfer and Regency Energy will construct an approximately 530-mile natural gas liquids (NGL) pipeline in Texas through their Lone Star NGL joint venture.

Shell agrees to alliance, well manufacturing JV with China National Petroleum Co.

Shell and China National Petroleum Co. (CNPC) on Monday signed a global alliance agreement to emphasize a shared intent to pursue mutually beneficial cooperation opportunities internationally as well as in China, the companies said.

TransCanada acquires Guadalajara LNG pipeline in Mexico for $360mn

TransCanada announced that its $360 million acquisition of the Guadalajara pipeline in Mexico has been completed. The entire capacity of the 307-kilometre (192-mile), 30-inch-diameter pipeline is held under a 25-year contract with Comision Federal de Electricidad (CFE), Mexico's state-owned electric company.

US law firms to investigate claims against merger of Energy Transfer, Southern Union

US-based Briscoe Law Firm, founded by a former state prosecutor and enforcement attorney for the US Securities and Exchange Commission, and the securities litigation law firm of Powers Taylor are investigating potential legal claims against the board of directors of Southern Union related to the company’s takeover by Energy Transfer.

IEA sees increasing natgas use, warns of high oil prices curbing demand

Annual growth in oil demand could average 1.2 million barrels per day (mb/d) between now and 2016, while natural gas demand could grow by around 500 billion cubic meters – around 2.5 times Russia’s current gas exports – during the same time, according to the International Energy Agency’s (IEA) medium-term oil and gas market outlook.

Energy Transfer to buy Southern Union for $4.2bn, form leading US pipeline company

Energy Transfer (ETE) and Southern Union (SUG) have entered into a merger agreement whereby ETE will buy Southern Union for $7.9 billion, including about $3.7 billion in debt, creating one of the top integrated midstream companies in the US natural gas pipeline industry.