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NEWS ARCHIVE



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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.
Bechtel to deliver 27.6 MMtpy Driftwood LNG project for Tellurian
-11/14/2017 9:19:26 AM
HOUSTON — Bechtel announced it has signed four lump-sum turnkey agreements with Driftwood LNG LLC, a Tellurian company, to deliver one of the world's lowest-cost liquefaction construction projects near Lake Charles, Louisiana.
Clariant to supply sorbent for warm gas desulfurization technology to RTI
-11/14/2017 8:39:13 AM
MUNICH — Clariant announced the signing of a global licensing agreement with RTI International granting Clariant exclusive rights of supply for their solid sorbent material, which is vital for RTI’s warm gas desulfurization process (WDP) technology.
Gail India closes tender seeking two LNG cargoes
-11/14/2017 7:56:41 AM
LONDON (Reuters) — Gail India closed on Tuesday a tender seeking to buy two LNG cargoes for delivery between November and January, trade sources said.
Japan's Astomos, Kuwati's KPC sign MOU on LPG
-11/14/2017 7:53:51 AM
(Reuters) — Japan’s Astomos Energy Corp—51% owned by refiner Idemitsu Kosan and the rest by Mitsubishi Corp—says it and Kuwait Petroleum Corporation (KPC) have agreed on a memorandum of understanding (MOU) for further study in applying LPG as shipping bunker fuels to provide one of the solutions for the approaching SOx regulation for shipping fuels in 2020.
Total chief says would have to review Iran gas deal if new sanctions arose
-11/14/2017 7:35:02 AM
PARIS (Reuters) — French oil and gas major Total would have to review its Iran gas project if the United States decided to impose unilateral sanctions on Tehran, given its interests in the US market, its chief executive told CNN.
Russia says EU red tape on Nord Stream-2 could be attempt to sabotage it
-11/14/2017 7:08:20 AM
MOSCOW (Reuters) — Russian Prime Minister Dmitry Medvedev said on Tuesday that the European Union's attempts to regulate the Nord Stream-2 gas pipeline project "looks like" an attempt to force Russia to abandon it, Interfax news agency reported.
ADIPEC '17: Execs discuss the changing world of LNG
-11/13/2017 1:37:18 PM
ABU DHABI—On the opening day of ADIPEC, executives from the LNG sector gathered for a heavy-hitting "C-Suite Dialogues" afternoon panel discussion to answer the question: "What is the future for natural gas and LNG in a low-carbon, low-cost landscape?"
Poland's PGNiG plans to build gas drying unit on Yamal pipe
-11/13/2017 8:06:47 AM
WARSAW (Reuters) — PGNiG is considering building a gas drying unit at the Yamal pipeline to prevent any future disruptions in deliveries from Russia’s Gazprom, its biggest supplier, the chief executive of the Polish state-run firm said.
Moscow, Riyadh agree to explore Saudi Aramco taking part in Novatek LNG project
-11/13/2017 6:56:39 AM
MOSCOW (Reuters) — Russia and Saudi Arabia have agreed to study the possibility of national oil company Saudi Aramco taking part in Novatek’s Arctic LNG 2 project, RIA news agency reported on Monday.
Japan's JERA imports first LNG cargo shipped from Chevron's Wheatstone site
-11/13/2017 6:49:57 AM
TOKYO (Reuters) — Japan’s JERA Co, the fuel-buying joint venture of Tokyo Electric Power and Chubu Electric Power, said it received the first LNG cargo shipped from Chevron’s Wheatstone project in Australia.

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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.

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