Gas Processing/LNG
Qatargas announces commercial start-up of Laffan Refinery 2
DOHA, Qatar -- Qatargas announced the commercial start-up of Laffan Refinery 2, marking an expansion of refining capacity in the State of Qatar. The project will refine 146,000 bpd of condensate from the North Field, the largest non-associated natural gas reserve in the world.
Cold weather, supply outages fuel LNG winning streak
MILAN (Reuters) -- Asian spot liquefied natural gas (LNG) prices remained firm into the final leg of 2016 as cold temperatures in South Korea, China and Turkey fueled demand while global supply faltered.
SOCAR signs license agreements with Technip, Axens, others
On Dec. 20, technology license agreements were signed between SOCAR and Technip, Univation, Axens, and SinopecTech. The agreements envisage advanced processing of natural gas and production polymer products using technology as a part of SOCAR GPC project.
Polish regulator approves PGNiG gas price hike for Q1 2017
WARSAW (Reuters) -- Poland's biggest gas firm PGNiG will increase the price of high-methane gas it sells by 12.2% and the price of nitrogen-rich gas by 13.4% from the start of next year, the company said, citing an approval from energy regulator URE.
Qatar to merge LNG producers Qatargas and RasGas
DOHA (Reuters) -- Qatar will merge state-owned liquefied natural gas producers Qatargas and RasGas Co Ltd, the chief executive of Qatar Petroleum (QP) said on Sunday, in the Gulf state's latest reaction to lower energy prices.
Cheniere Energy, Inc. ends negotiations to acquire Cheniere Energy Partners LP Holdings, LLC
HOUSTON -- Cheniere Energy, Inc. announced today that it has terminated negotiations with the conflicts committee of the board of directors of Cheniere Energy Partners LP Holdings, LLC regarding Cheniere's previously announced non-binding proposal to acquire all of the publicly held shares of Cheniere Partners Holdings not already owned by Cheniere in a stock-for-stock merger transaction.
Industry Perspectives: New downstream project announcements drop 35% in 2016
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, nearly 470 new projects have been announced in the downstream hydrocarbon processing industry over the past two years. New project announcements have fallen from 285 in 2015 to 185 in 2016. This trend analysis represents a year-over-year decrease of approximately 35%.
Editorial Comment: Hydrocarbon Processing forecasts $321 B in total HPI spending in 2017
What is the state of the global hydrocarbon processing industry (HPI)? Which regions and sectors are seeing growth, and which are stagnant, or possibly shrinking? These were some of the questions that <i>Hydrocarbon Processing</i> editors tackled at the 43rd Annual <i>Hydrocarbon Processing</i> Forecast Breakfast.
Höegh LNG awarded long-term LNG contract in Ghana
Höegh LNG signed an FSRU contract with Quantum Power Ghana Gas Limited for the Tema LNG import terminal located close to Accra in Ghana.
Japan's Idemitsu JV plans to expand LPG use at naphtha cracker
TOKYO (Reuters) -- Japan's Idemitsu Kosan said on Tuesday its JV with Mitsui Chemicals would conduct work to expand the processing of propane at Idemitsu's naphtha cracker to take advantage of cheap liquefied petroleum gas (LPG) prices.
- 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
