Gas to liquids (GTL)
Reliance, BP form JV for India natural gas business
Reliance Industries and BP said Friday they've formed an equal joint venture, called India Gas Solutions, for sourcing and marketing natural gas in India. They added that Reliance and BP will provide equal amount of equity to fund the new company.
Energy minister urges Canada to diversify exports beyond US, include Asia
Canadian Energy Minister Joe Oliver said Friday the country must diversify its energy exports beyond the US to include Asia and China. He said Asian markets, in particular China, are ready buyers.
US NGL production to rise over 40% by 2016 - study
US natural gas liquids (NGL) production is expected to increase more than 40% over the next five years, according to a new joint market study from BENTEK Energy and Turner, Mason & Company (TM&C). Current levels of NGL infrastructure are inadequate to handle the surge in NGL production and significant new investment is needed to relieve bottlenecks, according to the authors.
IHS acquires downstream market research firm Purvin & Gertz
Consultancy group IHS has acquired Purvin & Gertz, a global advisory and market research firm that provides technical, commercial and strategic advice to international clients in the petroleum refining, natural gas, natural gas liquids, crude oil and petrochemical industries.
BHP Billiton to spend $4.5bn on US shale this year
BHP Billiton Ltd. plans to invest roughly $4.5 billion developing the shale oil and gas assets it bought in the US this financial year as it ramps up production, the head of the mining company's petroleum division said Monday. BHP is targeting US shale production of 90 million barrels of oil equivalent in the year through June or about 250,000 BOE/day.
US shale study finds no clear link between fracking, water contamination
Initial findings from a study on hydraulic fracturing in shale gas development suggest no direct link to reports of groundwater contamination. The project leader offered early observations from the study at a briefing in Fort Worth, attended by local government officials, regulators and energy company executives.
Carbon Sciences touts new gas-to-liquids process
Carbon Sciences Inc. announced a breakthrough technology to their gas-to-liquids (GTL) process that yields liquid transportation fuels from natural gas and carbon dioxide (CO2). Carbon Sciences' proprietary catalyst technology is aimed at reducing the cost of syngas production by eliminating the expensive requirements for oxygen and steam.
HP Construction: Europe
Navum Energy Ltd. has signed a memorandum of understanding (MOU) with the Turkmenistan state-owned gas concern, Turkmengas, which will lead to the construction of a series of gas-to-liquids (GTL) and ..
Global oil, gas firms poised for strong 2011 finish despite market uncertainty - report
Though third-quarter financial news has been decidedly more bearish than bullish, advisory firm Ernst & Young's oil and gas center says it anticipates a steady close to the year. The oil and gas industry is set to end 2011 strong amid great uncertainty in the broader market, according to the firm’s quarterly oil and gas update.
DCP finalizes deal for Conoco pipeline to US Gulf, will convert to NGL service
DCP Midstream has closed on its previously-announced acquisition of the Seaway Products Pipeline Co. from ConocoPhillips. DCP will convert the renamed Southern Hills Pipeline to natural gas liquids service and add extensions to Mont Belvieu, Texas
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
- Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics 7/16
- Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel 7/16
- Mexico–U.S. energy trade value fell in 2023 on lower fuel prices 7/16
- Belarus' Mozyr oil refinery restoring operations after outage due to storm 7/16
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
