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NEWS ARCHIVE



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GAIL India to skip mid-term LNG deals for 2018 due to US imports
-11/21/2017 9:40:53 AM
MUMBAI (Reuters) — GAIL (India) Ltd will skip medium-term LNG deals for 2018 as it starts getting supplies from its US portfolio from February, its head of finance said.
Head of gas exporting group says no glut, market needs competition
-11/21/2017 9:29:00 AM
SANTA CRUZ, BOLIVIA (Reuters) — The head of the Gas Exporting Countries Forum told attendees at the opening day of the group's meeting on Tuesday that there is no global glut of natural gas.
EIA: Natgas inventories end October below previous 5-yr average
-11/21/2017 7:50:18 AM
Working natural gas in storage in the Lower 48 states as of Oct. 31, totaled 3,784 Bcf, as interpolated from EIA’s Weekly Natural Gas Storage Report data.
UK petrochemical firm Ineos buys stakes in Shetland gas operation
-11/21/2017 7:06:49 AM
EDINBURGH (Reuters) — British petrochemicals firm Ineos has agreed to buy a majority stake in two exploration licenses for gas in Scotland's West of Shetland field which contain the Lyon prospect, furthering its plans to move into oil and gas exploration.
Air Products awarded second long-term oxygen, nitrogen supply contract in China
-11/20/2017 10:02:13 AM
LEHIGH VALLEY, Pa. — Air Products, an industrial gases company serving Guangdong in South China for 30 yr, announced that it has signed a second long-term oxygen and nitrogen supply contract with a leading global materials supplier in the province.
Honeywell to provide cryogenic gas processing plant to EagleClaw
-11/20/2017 9:15:40 AM
DES PLAINES, Ill. — Honeywell announced that EagleClaw Midstream Ventures, LLC will use UOP Russell modular cryogenic equipment to process 200 MMscfd of natural gas at its gas processing facility in the Permian Basin in Reeves County, Texas.
Quinbrook acquires 84 MW gas-fired power project portfolio in England, Wales
-11/20/2017 8:06:01 AM
LONDON — Quinbrook Infrastructure Partners, a global investment manager specializing in lower carbon and renewable energy infrastructure, has acquired an 84 Megawatt (MW) gas-fired power project portfolio located across four sites in England and Wales.
Iran has exported 1.2 Bcm of gas to Iraq since June
-11/20/2017 7:45:12 AM
BEIRUT (Reuters) — Iran has exported 1.2 Bcm of gas to Iraq since late June, the managing director for the Iranian Gas Transmission Company, Saeed Tavakoli, said Saturday, according to SHANA, the website of the Iranian oil ministry.
Spain's Gas Natural sells Colombian distribution unit to Brookfield
-11/20/2017 7:32:23 AM
MADRID (Reuters) — Spain’s Gas Natural said late on Friday it had agreed to sell the 59.1% stake it owns in its Colombian retail distribution unit to infrastructures fund Brookfield Infrastructure for $568 MM.
Gazprom, Mitsubishi Corp. in talks on LNG cooperation
-11/20/2017 7:07:22 AM
MOSCOW (Reuters) — Gazprom said on Friday it had held talks with Japan's Mitsubishi Corp. on Friday about cooperation at the Russian gas giant's Sakhalin-2 LNG plant.
Siemens to cut 6,900 jobs to tackle flailing turbines business
-11/17/2017 8:02:53 AM
FRANKFURT (Reuters) — Siemens will cut about 6,900 jobs, or close to 2% of its global workforce, mainly at its power and gas division, which has been hit by the rapid growth of renewables.
Bid for Santos puts spotlight on Papua New Guinea's juicy LNG assets
-11/17/2017 7:41:02 AM
MELBOURNE/SINGAPORE (Reuters) — Takeover interest in Australia's Santos, a company that not long ago was drowning in debt, shines a spotlight on a burgeoning hotspot for oil and gas producers: Papua New Guinea.
Indian state oil firms betting on natgas as next big thing
-11/17/2017 7:23:58 AM
MUMBAI/NEW DELHI (Reuters) — India's state oil refiners are planning an aggressive push into natural gas in coming years to meet Prime Minister Narendra Modi's goal of making the fuel a bigger part of the country's energy mix.
Transco Pipeline seeks FERC approval for Gateway expansion project
-11/16/2017 9:06:48 AM
TULSA, Okla. — Williams Partners L.P. announced that Transcontinental Gas Pipe Line Company, LLC (Transco) has filed an application with the Federal Energy Regulatory Commission (FERC) seeking authorization for its Gateway Expansion Project, designed to create 65,000 dekatherms per day of firm transportation capacity for northeastern markets in time for the 2020–2021 winter heating season.
China's Sinopec to supply 15.1 Bcm of gas for winter, up 13% y/y
-11/16/2017 8:06:19 AM
BEIJING (Reuters) — China’s Sinopec expects to supply 15.1 Bcm of natural gas for winter and early spring amid surging demand from a government push to gasify northern cities, the company said on Thursday.
Djibouti signs preliminary deal with China's POLY-GCL for $4 B gas project
-11/16/2017 7:25:06 AM
DJIBOUTI (Reuters) — China's POLY-GCL Petroleum Group Holdings Ltd has signed a memorandum of understanding (MoU) to invest $4 B in a natural gas project in the tiny Horn of African nation of Djibouti.
Pakistan LNG import project consortium folds
-11/16/2017 7:16:55 AM
LONDON (Reuters) — A consortium behind a LNG import project in Pakistan, including oil giant Exxon Mobil, France's Total and Qatar Petroleum, has been dissolved, shipping company Hoegh LNG said on Thursday.
EU's Tusk calls for swift decision on Russian pipeline
-11/16/2017 7:11:37 AM
BRUSSELS (Reuters) — The head of the European Council, Donald Tusk, has urged EU nations to swiftly adopt a change of rules to help the bloc in its attempt to regulate Russia's planned Nord Stream 2 pipeline.
GTT to design LNG tanks of two Hudong-Zhonghua FSRUs
-11/15/2017 9:17:56 AM
PARIS — GTT has received an order from the Chinese shipyard Hudong-Zhonghua Shipbuilding (Group) Corp. Ltd. This contract relates to two dual-purpose vessels capable of operating as efficient LNG carriers and floating storage and regasification units (FSRUs).
GE to upgrade two gas turbines at Azito Power Plant on the Ivory Coast
-11/15/2017 9:05:50 AM
ABIDJAN, IVORY COAST — To improve performance and provide valuable insights and visibility into plant and turbine operations, GE’s Power Services business announced it has signed an agreement with Azito Energie S.A. (Azito) to upgrade two gas turbines at the company’s combined-cycle power plant.
Producers midstream chooses Honeywell cryogenic technology to recover NGLs
-11/15/2017 8:50:16 AM
DES PLAINES, Ill. — Honeywell announced that Producers Midstream LP will use UOP Russell modular cryogenic equipment to process 200 MMscfd of natural gas at its gas processing facility in the Delaware Basin in western Texas.
MAN to supply compressor trains for gas gathering center in Kuwait
-11/15/2017 8:05:31 AM
With a double-digit, million-euro volume, MAN Diesel & Turbo has won an order for nine compressor trains for the state-owned Kuwait Oil Company (KOC).
Vietnam inks gas purchase deals to boost supplies post-2023
-11/15/2017 7:36:21 AM
HANOI/JAKARTA (Reuters) — Vietnam could receive a significant boost to its natural gas supplies as soon as 2023, allowing it to expand its power and petrochemical sectors, after signing two agreements during last week’s APEC summit to buy gas at home and from Indonesia.
Dutch court rejects government's Groningen gas production plan
-11/15/2017 7:07:35 AM
THE HAGUE (Reuters) — The highest Dutch administrative court has rejected the government's plan to cap production at a major gas field that has caused damaging earthquakes, saying it might be possible to cut output further without endangering supplies.
Rockwell Automation selected for three Encana gas processing plants
-11/14/2017 9:22:10 AM
HOUSTON — Rockwell Automation is working with Encana, a leading North American energy producer, as the main automation contractor (MAC) while the energy company builds three new gas-processing plants in the Montney region of Canada.

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FEATURED COLUMNS

Editorial comment
-Adrienne Blume
The ongoing development of shale gas resources in the US has spurred infrastructure construction for both natural gas processing capacity and LNG export terminals.
Regional focus
-Eugene Gerden
Russian natural gas monopoly Gazprom is strengthening its presence in the gas market of the Middle East through the planned construction of an 11-metric-MMtpy–12-metric-MMtpy LNG plant in Iran.


The New LNG Imperative

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The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.

November 29, 2017 10am CST

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