Posts Tagged ‘oil 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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Shell in brief

Shell shapes future of energy through innovation Royal Dutch Shell p.l.c. (Shell) is a global group of energy and petrochemical companies operating in more than 80 countries. Shell is incorporated in England and Wales , UK, with headquarter is in The Hague, The Netherlands.  In upstream Shell focuses on exploring for […]

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Liquefaction

Definition Liquefaction refers to the physical transformation of gas into liquid. In the oil and gas industry this liquefaction of gas may be processed just by compression, just by refrigeration, or both in combination depending on the gas.  Comments In most of the cases the gas liquefaction is performed for […]

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ADNOC ready to use CO² injection to boost oil and save gas

Carbon dioxide injection to boost Adma-Opco oil fields Abu Dhabi Marine Operating Company (Adma-Opco) is Abu Dhabi National Oil Company (ADNOC)‘s subsidiary to explore and produce oil and gas from the offshore areas of the Emirate of Abu Dhabi, UAE. If the Abu Dhabi Emirate is rich of oil reserves, it has […]

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GE and Shenua join expertise for Cleaner Coal technology

Two leaders build energy Market Leadership with coal gasification Shenua Group (Shenua), from China, and GE, from USA, create the new GE Shenhua Gasification Technology Company Ltd., a 50-50 joint venture (JV) with Headquarter located in Shanghai, China. The firm will sell industrial gasification technology licenses in China, conduct research to improve cost and performance. The company has registered capital of $6 million. Patents and proceeds obtained by the joint venture will be shared evenly. The cooperation is also part of Sino-US joint efforts to develop clean energy, and gasification is a crucial component of that goal. China and USA hold respectively […]

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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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