Gas to liquids (GTL)
Hydrocarbon Processing forecasts 2012 global HPI spending to rise to $222 billion
Spending for the hydrocarbon processing industry is expected to exceed $222 billion next year, up 1.1% over 2011 spending, according to information released on Friday at Hydrocarbon Processing magazine's 38th annual HPI Forecast and Breakfast.
PetroChina venture to build Tangshan LNG terminal
PetroChina is joining forces with Beijing Enterprises and China Suntien Green Energy Co. to build and operate a liquefied natural gas (LNG) terminal in Caofeidian harbor of Tangshan, north China, according to several local media reports.
Enterprise starts up new NGL fractionator in Texas
Enterprise Products said on Tuesday that its fifth natural gas liquids (NGL) fractionator at its complex in Mont Belvieu, Texas, has begun commercial operations and is operating in excess of its nameplate capacity of 75,000 bpd. The new unit increases total nameplate capacity at the partnership’s Mont Belvieu facility to 380,000 bpd.
GE expands North America shale footprint, invests in Summit Midstream
GE Energy Financial Services, a unit of GE, is expanding its oil and gas footprint by investing in Summit Midstream Partners, which acquires and develops midstream energy infrastructure in unconventional North American production basins.
Houston gas processors hype shale at annual meet
The Houston chapter of the Gas Processors Association (HGPA) held its annual meeting on October 11 at the Pine Forest Country Club, complete with breakfast, presentations by industry executives, lunch, and an afternoon golf tournament. Shale gas development and new midstream projects were heavy focuses at the meeting, which drew more than 180 attendees.
IEA cuts global oil demand forecast for 2011, 2012
The International Energy Agency (IEA) on Wednesday again revised down its forecast for global oil demand in 2011 and 2012 amid lower projections for global gross domestic product (GDP) growth.
Enterprise seeks shippers for US ethane pipeline
Enterprise Products said on Tuesday that it has started a binding open commitment period for capacity on a proposed pipeline designed to transport ethane from the Marcellus and Utica shale regions in Pennsylvania, West Virginia and Ohio to the US Gulf coast.
Shale gas market to triple by 2020, lead to more midstream investment - report
Infrastructure investments for the shale gas industry are growing amid rising global demand for natural gas, with current levels likely to triple by 2020 to reach 12.6TcF (trillion cubic feet), according to a new report from energy research firm SBI Energy.
Oxea raises syngas capacity by 10% at Texas plant
Global chemical producer Oxea has increased its manufacturing capacity for syngas by 10% at its plant in Bay City, Texas, it said on Monday, seeking to further optimize its value-adding chains and boost product availability.
US shale boom lifts petrochemical exports - report
The US shale gas exploration and production boom continues to fuel significant cost advantages for North American commodity chemicals producers as relative costs of natural gas and oil-based feedstocks remain far apart, according to a new report from credit-watch firm Fitch Ratings.
- 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
