Gas to liquids (GTL)
HPI major events and trends, 1920s to present
1920s: THE FORMATION OF THE MODERN HPIDuring this period, a new industry was evolving focused on the refining of crude oil into fuels and other products. New demand for crude oil-based products, such ..
Talisman exits Sasol Canada gas-to-liquids project following study
After participating in Sasol Canada's feasibility study for a GTL (gas-to-liquids) facility, Talisman Energy has decided not to proceed with the next phase of the project. "After careful consideration, we have concluded that there are better ways to allocate capital in support of our strategy," said John A. Manzoni, CEO.
HP Insight: Global solutions wanted for growing industry
World War II was one of the defining events that drove innovation for the hydrocarbon processing industry (HPI). During the 1940s, solutions were needed to resolve shortages of transportation fuels an..
BP confirms more limited scope for key European natural gas pipeline
UK energy giant BP confirmed that a key European pipeline project to import natural gas from Azerbaijan, called Nabucco, will be of much more limited scope than hoped and reach only Europe's border with Turkey. The decisions mark the end of a key strategic initiative in the region.
Shell remains committed to natural gas plan - CEO
Royal Dutch Shell believes rising natural gas demand will underpin its future profits, even though oil pricing still accounts for 80% of its margins, its CEO Peter Voser said on Tuesday. Despite a recent drop in US gas prices, the long-term pricing outlook for natural gas remains strong, he noted.
India proposes to import shale gas liquids from US
India has proposed to import shale gas in liquid form from the US, a senior Indian government official said Wednesday. "This is our expectation. This is only a proposal. We proposed our [energy] needs are great," the official said, declining to elaborate further.
Shale gas could ease China energy shortfall - PwC
China's conventional gas production is stretched to the limit, a new report says. However, vast reserves of shale gas and coal-bed methane might ease the shortfall. The industry then needs to overcome major pricing, regulatory, distribution and water challenges.
Nord Stream mulls expansion for Russia-to-Europe gas pipeline system
Nord Stream, the consortium that operates a natural gas pipeline that ships Russian gas to western Europe via the Baltic Sea, said over the weekend it is considering further expanding the pipeline. It didn't say by how much the expansion could increase gas shipping capacity.
EIA boosts US gas outlook for production, demand
US natural gas prices are expected to rise in the months ahead as increased demand helps ease the current supply glut, the EI Asaid in an updated outlook, but the agency still cut its key price forecasts for the heating and power-plant fuel. The EIA cut its forecast for natural gas prices at the wellhead by 2%.
Air Products inks hydrogen supply pact with Motiva for Louisiana refinery
Air Products will supply additional hydrogen to be used by Motiva's 235,000 bpd Convent refinery in Louisiana under a long-term agreement with Motiva Enterprises, the joint venture between Shell and Saudi Aramco. The company's new Gulf Coast hydrogen pipeline network will be operational in 2012.
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- 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
