Gas to liquids (GTL)
Oiltanking, PERN sign JV for Poland liquids terminal
Oiltanking and petroleum logistics firm PERN have signed a joint venture to jointly develop and construct a terminal for the storage and handling of bulk liquids in the Port of Gdansk, Poland. The terminal will potentially be able to store and handle crude oil, refined oil and petrochemical products.
EIA sees $125/bbl oil in 2035 amid rising demand from China, India
Global oil prices are likely to remain high, but oil consumption should continue to grow, with both conventional and unconventional liquids used to meet rising demand, according to the International Energy Outlook (IEO2011) study released Monday by the US Energy Information Administration (EIA).
Sasol plans gas-to-liquids project in Uzbekistan
South African energy and chemicals group Sasol signed an investment agreement with the Uzbekistan government to develop a gas-to-liquids (GTL) project in Uzbekistan. The agreement was completed with project partners Uzbekneftegaz and PETRONAS, according to Sasol officials.
Linde expands nitrogen, oxygen plant in Oregon
US-based gases firm Linde has expanded the capacity of its plant in Hillsboro, Oregon, to supply ultra-high purity (UHP) gaseous nitrogen and oxygen to semiconductor manufacturers in the Pacific Northwest.
Sasol plans gas-to-liquids complex in Louisiana
South Africa-based energy and chemicals group Sasol will execute a feasibility study on a proposed gas-to-liquids (GTL) facility in southwest Louisiana. The project is slated to be the first plant in the US to produce GTL transportation fuels and other products, the company said.
US shale advantage to dissipate in future - study
The US shale advantage makes US petrochemicals made from methane and ethane more competitive, but that advantage, accruing mostly to ethylene, dissipates over the next 20 years, according to a new study from Probe Economics.
Nustar to modify, expand South Texas pipelines as Valero seeks more Eagle Ford crude
NuStar Energy has entered into an agreement with Valero in which NuStar will modify existing sections within its South Texas pipeline system and build new sections to transport Eagle Ford and other crude oils.
NOVA inks deals for Marcellus Shale ethane supply, delivery to Canada cracker
NOVA Chemicals has entered into three agreements to help revamp its Corunna cracker in Ontario, Canada, to utilize up to 100% natural gas liquids (NGL) feedstocks.
US Gulf oil production remains 60% shut after Lee
Offshore oil and gas operators in the Gulf of Mexico are re-boarding platforms and rigs following Tropical Storm Lee, with more than half of oil production still shut in.
Shell to invest $800mn in Ukraine shale gas
Shell has agreed to invest up to $800 million as part of a project to extract shale gas in Ukraine, according to officials with both the company and the Ukraine government.
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