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BASF selected US Texas Freeport for greenfield MTO The German chemical giant BASF SE (BASF) has selected its Freeport existing site on the Texas US Gulf Coast to build a greenfield Methane-To-Olefins (MTO) complex  based on the critical  methane-to-propylene (MTP)  conversion. While the Bundestag, the German Parliament, continues to debate about the opportunity to allow or […]

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Parallax Energy selects Louisiana Calcacieu Parish The newly established company Parallax Energy LLC (Parallax) has chosen a site in Louisiana Calcacieu Parish along the US Gulf Coast to build and operate its first project, the Live Oak LNG as liquefied natural gas (LNG) export terminal. Even though Parallax may have a start up profile as a company, […]

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ExxonMobil signed MOU for PNG LNG Third Train The international oil company (IOC) ExxonMobil and its partners Santos Ltd (Santos) and Oil search Ltd (Oil Search) from Australia, Nippon Oil Exploration (JX NOEX or Nippon Oil) from Japan, and the local land owner Mineral Resources Development Company (Mineral Resources) signed a memorandum of understanding (MOU) […]

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Kinder Morgan UTOPIA to export Utica NGL to Ontario The North America midstream leader Kinder Morgan Inc. (Kinder Morgan) is preparing, through its subsidiary Kinder Morgan Energy Partners L.P., the construction of the Utica to Ontario Pipeline Access (UTOPIA) pipeline to export refined or fractionated natural gas liquids (NGL) from the Utica shale gas basin […]

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Cenovus received Pelican Lake Grand Rapids approval The Calgary-based  independent company Cenovus Energy Inc. (Cenovus) has bought the idled steam plant from the French major Total Joslyn project in the north of Alberta for relocation to its own Pelican Lake Grand Rapids steam-assisted gravity drainage (SAGD) project in the Greater Pelican Region of Alberta in […]

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EIA to adopt North Sea Brent crude oil as benchmark US Government energy agency, the Energy Information Administration (EIA) published in its annual energy out look its decision to replace the historical West Texas Intermediate (WTI) crude oil traded on New York Mercantile Exchange by the European Brent listed on the Inter Continental Exchange (ICE). […]

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Petronas to move on Burma Yetagun North expansion  The Yetagu gas field is located in southern Andaman Sea about 100 kilometers west offshore Myanmar coast line. Originally explored and developed by Texaco, Premier Oil and Nippon Oil Exploration (JX NOEX) , the American withdrew in the years 2000s because of the US sanctions against Myanmar. The Malaysian […]

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