Gas Processing/LNG
Marathon Oil boosting capital spending by $1 billion
Marathon Oil Corp. said Wednesday that it will increase its capital spending by $1 billion in 2012 as it moves to develop acreage in the Eagle Ford shale of South Texas. The firm plans to spend $4.82 billion on capital projects in 2012, up from its plan to spend $3.89 billion in 2011.
Qatargas picks GE technology to lower emissions
GE has signed a contract with Qatargas to supply advanced combustion technology to reduce gas turbine emissions at the Qatargas 1 Utility complex to meet new regulations. GE will provide its Dry Low NOx (DLN) 1.0 combustion system designed to achieve low emissions levels of 25 ppm for nitrogen oxide.
Shell looking at gas-to-liquids projects in US
Royal Dutch Shell is in the early stages of planning projects to turn natural gas into fuels like diesel in the US, of similar scale to its huge project in Qatar. Shell is only interested in large-scale projects similar to the $18 billion Pearl gas-to-liquids plant it has developed in Qatar, the company said.
Linde to build hydrogen plant at northeast China chemical complex
The Linde Group says it will build and operate a new hydrogen plant in the Jilin Chemical Industrial Park (JCIP) in northeast China. The hydrogen plant is expected to come on stream by the end of 2013, supplying several companies in the Jilin chemical complex with high-purity hydrogen.
Shale gas gives rise to era of energy independence
A boom in shale gas output has lifted US gas supplies to record levels, creating an environment to sustain low prices and offering a new era in energy independence.
HPI Market Data 2012 Executive Summary
THE NEXT STEPThe economic recovery continues for the global hydrocarbon processing industry (HPI). Energy drives economic growth. Unfortunately for developed nations, stronger economic recovery remain..
HP Construction: Europe
RusTurboMash LLC, a joint venture of Siemens Energy and Iskra-Avigaz, has inaugurated a new compressor-manufacturing plant in Perm, Russia. Siemens holds a 51% stake in the joint venture and Iskra-Avi..
BP to sell Canada natural gas liquids unit to Plains
BP has agreed to sell its Canadian natural gas liquids (NGL) and liquefied petroleum gas (LPG) business to the midstream subsidiary of Plains All American Pipeline for $1.67 billion in cash. Assets include NGL extraction plants; pipeline gathering systems; fractionation plants; and storage and specification product distribution facilities.
Linde, Statoil say joint Arctic LNG plant exceeding performance expectations
The world's northernmost natural gas liquefaction plant - Hammerfest LNG on the island Melkøya, 800 km north of the Arctic Circle near Hammerfest in Norway - passed its performance test in August, exceeding the expectations. The plant is a unique technology project of the European natural gas and EPC industry.
UOP forms alliance with Netherlands’ Twister for natural gas treatment technology
Honeywell’s UOP said Wednesday that it plans to expand its portfolio of natural gas treatment technologies through an exclusive marketing alliance with the Netherlands-based Twister B.V. UOP has also acquired a minority position in Twister B.V., the company said.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
