Posts Tagged ‘gas price’

Methanol Holdings joins G2X Energy Lake Charles Methanol-To-Gasoline

MHTL and G2X Energy build Louisiana Big Lake Fuels The Swiss-registered Methanol Holdings Trinidad Limited (MHTL) has decided to join the Houston-based G2X Energy Inc. (G2X Energy) to build Big Lake Fuels LLC (Big Lake Fuels) project, a world-scale methanol-to-gasoline (MTG) plant at Lake Charles in Louisiana, USA. With the […]

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BP and PLN gas agreement triggers Tangguh Expansion Project

BP to go for FEED on Indonesia Tangguh LNG Train-3 The UK-based major company BP and its partners China National Offshore Oil Corporation Muturi Ltd (CNOOC), Mitsubishi–Inpex Berau BV (Mitsubishi–Inpex), Nippon Oil Exploration Berau Ltd ( Nippon Oil), KG Berau Petroleum Ltd (KG Berau) in joint venture with KG Wiriagar […]

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Saudi Arabia to increase natural gas production capacity

Saudi Aramco to evaluate Fadhili gas plant FEED bids The national oil company Saudi Aramco is currently evaluating the tenders submitted by the qualified engineering companies in competition to provide the Fadhili Gas Processing Plant project with the front end engineering and design (FEED) work. This project is part of […]

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Dow Chemical to invest upstream to secure gas supply

Dow to pioneer Argentina first shale gas pilot project The Dow Chemical Company (Dow) from USA and the Argentina national oil company YPF  signed a memorandum of understanding (MOU) to develop shale gas in the giant deposit of the Vaca Muerta in the eastern Province of   Neuquen. For Dow, […]

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Sasol to go for FEED on Louisiana GTL and Ethane cracker project

Sasol to prioritize US GTL on Canada GTL project  In a press conference in Louisiana, Sasol’s chief executive officer, David Constable, confirmed the decision of the board to move on the front end engineering and design (FEED) stage of the first Gas-To-Liquids (GTL) project to be built in USA. To […]

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Sabic investigates shale gas-based opportunities in USA

Sabic to expand petrochemical capacities in USA The Ryadh-based Saudi Basic Industries Corporation (Sabic), may join BASF, ChevronPhillips, Dow Chemical (Dow), Enterprise Products Partners (Enterprise), ExxonMobil, Evonik, Occidental Petroleum, Sasol, Shell, to increase its petrochemical foot print in USA to benefit from the low costs feedstock provided by the shale […]

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Celanese to build Methanol plant in Houston to reduce Acetyl costs

Shale gas to help Celanese integration business model Celanese Corporation (Celanese) is a global technology and specialty materials company owning and operating a large acetyl complex at Clear Lake, close to Houston, Texas, USA. The positive developments in the U.S. energy complex to become a net gas exporter creates favorable […]

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Giant Exxon Baytown complex to get bigger with new cracker

From Shale gas to Polyolefins ExxonMobil implements its integrated business model The Houston based Exxon Mobil Corp. is considering a multi-billion-dollar expansion of its giant petrochemical complex in Baytown, Texas, USA. ExxonMobil, like Chevron, Dow Chemicals or Shell,  is looking to take advantage of a surplus of natural gas that’s pushed […]

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“GTL”

 Definition GTL is the acronym of Gas-To-Liquid and refers to the process to convert gas into liquid fuels such as diesel and fuels components such as very high added value synthetic greases and lubricants. Comments Historically the GTL process is based on the Fischer-Tropsch principle invented in 1920 to convert […]

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