Gas Processing/LNG
US oil, shale gas pioneer George Mitchell dies at 94
George Mitchell helped develop new technology for hydraulic fracturing and horizontal drilling, which he used to tap oil & gas at the Barnett Shale in North Texas during the 1980s and 1990s.
Shell touts floating LNG to Mozambique leaders, seeks partnership
The presentation of the technology during a visit by Mozambique's president, Emilio Guebuza, to the home of the UK oil industry, suggests Shell is looking for ways to bypass the companies which have made the gas discoveries -- Anadarko Petroleum and Eni -- and deal directly with the government.
Dana Gas rebuilds, expands LPG production facility near northern Iraq
Dana Gas and its partners have invested some $1 billion in Iraq's Kurdistan, where it is producing joint gas from the Khor Mor in a joint venture with Crescent Petroleum, OMV and MOL.
Japan reports falling demand for imported LNG
Japan is the world's top LNG importer, making the trend bad news for companies developing or planning LNG export facilities in locations as varied as Australia, Russia, East Africa or North America.
Praxair starts operations at new hydrogen plant to supply US Gulf refiners
The new plant houses the largest steam methane reformer (SMR) built by Praxair to date. It will supply hydrogen and up to 450,000 lb/hour of steam to Valero’s new 57,000 bpd hydrocracker.
US shale boom threatens Australian gas sector
Big LNG importers like Korea Gas and Japan's Osaka Gas have signed deals with US terminals, diversifying supply sources that had relied on Australia and the Middle East.
UK offers tax breaks to boost shale gas industry
No shale gas has yet flowed commercially in the UK so any profits from the sector are a ways off, but the government says producers will have to pay just 30% tax, compared with the current 62%.
Maritime agency lifts blockade on Nigeria LNG
The regulator on June 21 barred NLNG ships from entering or departing Bonny Island Terminal on the coast of Nigeria, as a longstanding dispute over maritime taxes and levies escalated.
Praxair starts up new Korea air separation plant
Through a long-term contract, the plant will supply on-site high-purity oxygen, nitrogen and argon to Samsung, one of the largest electronics companies in the world. The plant will also expand Praxair’s merchant capacity in the region, allowing it to supply the liquid gases to a variety of industries.
US bill seeks to remove DOE from LNG permits
US Representative Ted Poe has introduced bill HR 2471, which, if passed, will remove the US Department of Energy from the approval process for new LNG terminals.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
