Gas to liquids (GTL)
Shell sells $730m stake in Norway gas transport JV
Shell has agreed to sell its interests in natural gas transport infrastructure joint venture Gassled to Infragas Norge for about $730 million, based on current exchange rates. Gassled is Norway’s integrated gas transportation system and processing facilities, which transports most of the gas production on the Norwegian Continental Shelf (NCS) to consumers on the European continent and in the United Kingdom.
Magellan Midstream to reverse Texas pipeline, take crude to Houston refineries
Magellan Midstream is proceeding with the reversal and conversion of a portion of the partnership's 18-inch Houston-to-El Paso pipeline to crude oil service. The reversed pipeline system is expected to have an initial capacity of 135,000 bpd to refiners in Houston and Texas City, supported by long-term committed volumes for a portion of this capacity.
PGI Energy forms new European division to trade petroleum products in UK
PGI Energy has established a new European division, registered in London and Wales to trade petroleum products throughout the UK, the energy holding company said on Wednesday.
Foster Wheeler awarded EPCm contract for Engen South Africa pipeline project
Foster Wheeler has been awarded a contract by Engen Petroleum for engineering, procurement and construction management (EPCm) services for Engen’s new multi-products pipeline feeder lines and infrastructure project at the company’s Durban refinery in South Africa.
US raises outlook for Marcellus Shale gas recovery
The Marcellus Shale contains about 84 trillion cubic feet of undiscovered, technically recoverable natural gas and 3.4 billion bbl of undiscovered, technically recoverable natural gas liquids according to a new assessment by the US Geological Survey (USGS).
Enterprise, Energy Transfer call off proposed JV for Cushing-to-Houston crude pipeline
Enterprise Products has called off its proposed joint venture with Energy Transfer to develop and construct a 584-mile crude oil pipeline from Cushing, Oklahoma to Houston.
DCP begins construction of Sand Hills pipeline to transport NGLs to Gulf coast
The board of directors for DCP Midstream has approved the construction of the Sand Hills pipeline to provide new capacity for natural gas liquids (NGL) transportation from the Permian and Eagle Ford producing basins to market centers along the Gulf coast. Planning and field work for Sand Hills has been underway for several months and now construction activities will accelerate, the company said.
Dow Corning starts production of monosilane gas for use as solar feedstock
Dow Corning said on Wednesday that it has begun production of high-purity monosilane gas - a key material used as an anti-reflective solar cell coating and as a feedstock for photovoltaics.
CB&I venture awarded Australia LNG project work
A CB&I joint venture with Chiyoda Corp. and Saipem S.p.A has been awarded a preparation and supply contract for the Arrow LNG plant project in Australia. Arrow Energy Pty Ltd., the project operator, is a 50/50 joint venture partnered by Royal Dutch Shell and PetroChina.
Praxair acquires Ohio gas distributor Weldco
The distribution subsidiary of industrial gases major Praxair has acquired Weldco, an independent distributor of industrial and specialty gases and ancillary welding equipment, supplies and services. With 23 employees and sales of $8 million, Weldco is considered a market leader in Cincinnati, Ohio, which is one of the top 20 welding markets in the US.
- 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
