Gas Processing/LNG
Tropical Storm Don shuts in 12% of Gulf oil output
Nearly 12% of offshore Gulf of Mexico oil production has been shut in as Tropical Storm Don churns toward the Texas coast, with an expected landfall late Friday near Corpus Christi. In total, 166,554 bpd in oil production has been shut in, or 11.9% of overall Gulf output, according to the US Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE).
Praxair to collaborate on environmental research with top China university
Industrial gases major Praxair has entered into a long-term environmental research collaboration with the State Key Lab of Pollution Control & Resource Reuse Study at Tongji University in Shanghai.
Conoco, Origin JV approves Australia LNG project
ConocoPhillips and partner Origin Energy on Thursday gave final approval to build the initial train of a two-train liquefied natural gas (LNG) 9.0 million tpy project by Australia Pacific LNG in Queensland, Australia.
Gulf oil, natural gas platforms shut in production as Tropical Storm Don targets Texas
Several oil and natural gas producers in the Gulf of Mexico began shutting in production and evacuating platforms on Thursday as Tropical Storm Don moves toward the lower Texas coast. Overall, the Gulf of Mexico accounts for 29% of US oil production and 13% of natural gas, according to the US Energy Information Administration (EIA).
Chevron, Apache sign LNG sales pact with Tokyo Electric Power Co.
Chevron, Apache Energy and Kufpec have signed binding sales and purchase agreements (SPAs) with Tokyo Electric Power Company (TEPCO) to deliver liquefied natural gas (LNG) from the Chevron-operated Wheatstone natural gas project in Australia.
Statoil to supply ethane for NOVA Canada cracker
NOVA Chemicals has signed a memorandum of understanding with Statoil to secure a long-term supply of ethane from the Marcellus Shale basin. Financial terms were not disclosed.
Chevron forms technology alliance with NASA to improve oil, natgas recovery
Chevron and NASA’s Jet Propulsion Laboratory (JPL) have formed an alliance to develop a range of technologies to improve the production and recovery of oil and natural gas resources, the groups said on Monday.
Sunoco seeks shipper commitments for upcoming Marcellus Shale ethane pipeline
Sunoco Logistics is set to begin an open season for shipper commitments on its Mariner West project to deliver ethane from the Marcellus Shale region in the US.
CB&I wins $500mn LNG tank deal in Asia Pacific
CB&I has been awarded a contract in excess of $500 million for the engineering, fabrication and construction of two 160,000 cubic meter LNG storage tanks, as well as additional work for a confidential LNG liquefaction project in the Asia Pacific region.
US shale wave weakens petroleum market share for Russia, Iran, Venezuela - study
Rising US natural gas production from shale formations has already played a critical role in weakening Russia’s ability to wield an "energy weapon" over its European customers, and this trend will accelerate in the coming decades, according to a new study from Rice University’s Baker Institute.
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