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Natural Gas

South Korea considering buying more U.S. oil and gas

South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given tensions in the Middle East.

KT-Kinetics Technology, NEXTCHEM awarded contracts for Petronas hydrogen unit

Part of a new biorefinery within Petronas' Malaysian Pengerang Integrated Complex, the 38,000-m3/hr production unit will supply hydrogen to produce sustainable aviation fuel and hydrogenated vegetable oil.

Poland's Orlen plans to invest up to nearly $92 B by 2035

The company aims to meet all of Poland's domestic natural gas demand over the next decade by increasing production and boosting LNG contracting, as well as adding gas-fired power generation capacity, energy storage and other infrastructure.

Enhance the performance of panel operators using a visualization tool in an LPG plant

Through a combination of case studies and practical insights, this article explores the benefits and challenges of implementing visualization tools in LPG plants. Moreover, it discusses strategies for optimizing operator training and workflow integration to maximize the effectiveness of these tools in improving operational performance, safety and overall plant productivity.

Oil rises on diesel demand boost in sparse holiday trade

Oil prices settled higher on Monday in thin late-year trade as investors bet on a drop in temperatures across the U.S. and Europe over the coming weeks to boost diesel demand.

Mexico's oil and gas output drops to lowest level all year in November

Mexico's production of liquid hydrocarbon and natural gas in November fell to the lowest levels recorded all year and was well below last year's averages.

Technip Energies, LanzaTech awarded U.S. DOE funding for breakthrough CO2-to-ethylene technology

The U.S. Department of Energy Office of Clean Energy Demonstrations has committed up to $200 MM in federal funding for Technip Energies and LanzaTech's Project SECURE.

Verde Clean Fuels receives $50-MM investment from Cottonmouth Ventures for the potential development of GTG plants in the Permian Basin (U.S.)

Proceeds from the investment are expected to be used to further the development and construction of potential natural gas-to-gasoline production plants in the Permian Basin (U.S.). The proposed plants would produce fully-refined gasoline utilizing Verde’s patented STG+® process from associated natural gas feedstock supplied from Diamondback's operations in the Permian Basin.

Phillips 66 outlines nearly $3-B capital program for 2025

Phillips 66 announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital.

TES accelerates CO2 export terminal at Wilhelmshaven Green Energy Hub

Tree Energy Solutions (TES), a global green energy company leading the way in the production of e-NG [electric natural gas derived from green hydrogen (H2)], is advancing its Green Energy Hub in Wilhelmshaven, Germany with the development of a liquid carbon dioxide (CO2) export terminal.