Industry: Natural gas & LNG

AMERICAS Formosa Plastics to build new PE plant Formosa Plastics’ new PE plant at Point Comfort, Texas will have the capacity to produce 525 KTA. This will be the second PE unit at the Point Comfort complex. Construction for this unit is expected to begin in the fourth quarter of 2015 and the plant is […]

U.S. LNG export projects face significant regulatory hurdles, requiring approvals from both the Department of Energy and the Federal Energy Regulatory Commission, each evaluating distinct factors before granting authorization.

AMERICAS ExxonMobil Chemical introduces new Vistamaxx grade ExxonMobil Chemical is introducing a new grade to its Vistamaxx portfolio. The new grade, Vistamaxx 3588FL provides excellent seal performance in cast PP and heat-sealable BOPP films designed for fast and reliable packaging operations. Comments: Exxon has introduced the new grade to cater to the fast-growing general packaging […]

Live Oak LNG, a newly announced North American export project with a projected 2019 operational date and five million mtpa capacity, faces an optimistic timeline given its current planning stage and lack of approvals.

CNG offers the advantages of lower cost and a more established fueling infrastructure in the US. Conversely, LNG provides higher energy density and greater portability due to its independence from pipelines, allowing access to remote areas.

Small, modular GTL projects near small/remote gas fields could improve feedstock access and offer cost, poly-production, and sourcing advantages, potentially enhancing economic returns.

Natural gas flaring has increased dramatically in the United States with the growing development of new shale plays. Today, roughly 10% of total natural gas production is lost to venting and flaring, and in North Dakota one third of all natural gas produced is flared rather than being sold. This increase in flaring has attracted […]

Shale gas abundance has prompted exploration of natural gas as a transportation fuel, particularly for heavy-duty vehicles and marine vessels, driven primarily by fuel cost differentials.

New methane regulations will require producers to retrofit or replace existing equipment. While green completion offers a relatively short payback period through captured methane, prior oil and gas price declines may affect the implementation and adoption of these regulations.

While U.S. LNG export projects garner significant attention, Canadian initiatives also target regional gas surplus, albeit with distinct characteristics.

Between 2008 and 2013, US natural gas output rose considerably, with shale gas growing even faster. However, recent price declines may hinder this expansion by impacting well profitability and future drilling activity.

Driven by new LNG exports, the global carrier fleet, 400+ in 2014, will exceed 500 within five years, prompting shipbuilder expansion.