Posts Tagged ‘Midstream’

Cheniere $10 billion LNG Terminal project turns to Export

Sabine Pass LNG Terminal opens overseas export to Shale gas production Originally planned to be a LNG  Import Terminal the Sabine Pass LNG project in Lousianna,USA, had been left in stand by for a while, until the Shale gas industry managed to put the domestic gas prices down below $4 […]

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ConocoPhillips lists Phillips 66 to enhance Market Leadership

It is not every day that a Major company shakes up its Oil&Gas business model and introduce a new brand to re-position its strategy and consolidate its Market Leadership. But in July 2011, ConocoPhillips had announced to spin off all their Midstream and Downstream activities under the name of Phillips […]

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ONGC and ConocoPhillips sign MoU for shale gas in India

Oil and Natural Gas Corporation Limited (ONGC), India and ConocoPhillips, USA, have signed on March 30th a Memorandum of Understanding (MoU) to co-operate and develop the shale gas resources in India, North America and elsewhere besides deep water opportunities in Eastern offshore India.  The unprecedented growth of shale gas in the […]

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How shale gas reshapes the Oil&Gas and Petrochemical industry

When the USA, led by companies like ExxonMobil or Chesapeake, decided to boost the development of shale gas, the world perceived it as a local matter to help this country to reduce its reliance on overseas production countries. Then in 2011, the USA have become already self sufficient in gas, much […]

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The Emirates LNG Project to shunt Hormuz Strait

The Mubadala Development Company, through its branch Mubadala Oil& Gas and the International Petroleum Investment Company (IPIC) from Abu Dhabi, have announced the project to build the Emirates LNG Terminal in Fujairah, UAE. This LNG Terminal would have a down loading and re-gasification capacity of 1.2 billion cf/d and a storage […]

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TransCanada wins the $500 million Mexican pipeline extension

TransCanada Corporation will invest $500 million in the Tamazunchale – El Sauz Pipeline Extension in Mexico. TransCanada will build and operate this pipeline with a 25 years natural gas transportation service contract by the Comisión Federal de Electricidad (CFE), Mexico‘s state-owned power company. The project is designed with following key figures: 235 […]

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Canadian Trans Mountain pipeline to be decided soon

By the end of March, Kinder Morgan Canada should decide the expansion of the Trans Mountain pipeline system. The commercial conditions of operations are now in progress enough to allow the completion of the design and planning of the entire system for an estimated cost around $3.8 billion. This expansion […]

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Downstream

 “Downstream” covers all the chain of transformations of the oil or gas after the transportation (Midstream). It begins with the refining and it continues with all the cracking operations of the petrochemical industry to produce all the chain of chemical products (Ethylene, Polyethylene, Propylene, Polypropylene, etc…) Comments: By comparison with […]

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Midstream

Definition: In the Oil & Gas and Petrochemical sector, “Midstream” refers to all the phase of transportation from the production locations to the transformation locations. Typically, by “Midstream” we should understand pipelines, vessels and all types of carriers such as trains or trucks. With the evolution of the gas to […]

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