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Industry Brief

Chevron Phillips Chemical Co. LP said it will expand the natural gas liquids (NGL) fractionator complex at its Sweeny Plant in Old Ocean, TX. Construction is to begin in April for completion in February. The expansion will increase capacity by about 22,000 b/d, or 19%. “One of the main drivers for the project is the rapid development of natural gas, crude oil and NGLs from the shale formations in the region,” said Martin Dale, feedstock procurement manager for Chevron Phillips Chemical. “This expansion positions Chevron Phillips Chemical to take additional raw NGL product from the Eagle Ford and Permian basins and ultimately convert the NGLs into products for consumer and commercial use.” The fractionation unit at Sweeny was built in the 1960s and is composed of two trains with current capacity of 116,000 b/d.

March 27, 2012

West Virginia Cracker Could Face Federal Air Quality Issues

Current and former officials in the West Virginia Department of Environmental Protection (DEP) warn that companies hoping to build an ethane cracker in the state could have difficulty getting the necessary permits if they choose to build in areas that don’t meet federal air quality standards.

March 26, 2012

Encana Turns Low-Cost NatGas to Production Tasks

As Canada’s largest natural gas producer, Encana Corp. has built a track record for utilizing natural gas instead of diesel to power some of its drilling rigs, and as the price of natural gas has fallen the exploration and production (E&P) giant is even expanding to using liquefied natural gas (LNG) on the rigs.

March 26, 2012

Encana Turns Low-Cost Gas to Production Tasks

As Canada’s largest natural gas producer, Encana Corp. has built a track record for utilizing natural gas instead of diesel to power some of its drilling rigs, and as the price of natural gas has fallen the exploration and production (E&P) giant is even expanding to using liquefied natural gas (LNG) on the rigs.

March 26, 2012

Eureka Hunter’s $58.5M TransTex Acquisition Fortifies Midstream Business

One day after Magnum Hunter Resources Corp. agreed to sell $100 million of convertible preferred units in subsidiary Eureka Hunter Holdings LLC to an affiliate of ArcLight Capital Partners LLC, the producer announced Thursday that $58.5 million of the proceeds would be used by Eureka Hunter to acquire natural gas treating company TransTex Gas Services LP, a privately held company based in Houston.

March 23, 2012

New Plant First to Meet Latest GHG Limits in Texas

A new natural gas-fueled power plant to be built near Marble Falls, TX, for the Lower Colorado River Authority (LCRA) will be the first combined-cycle plant in the Electric Reliability Council of Texas (ERCOT) region to meet the latest greenhouse gas regulations of the Environmental Protection Agency, according to GE, turbine provider to the project.

March 13, 2012

Ohio Governor Calls for Prudent Shale Development

Ohio Gov. John Kasich said the state would be prudent in developing the Marcellus and Utica shales, maintaining tough environmental regulations while looking to attract jobs and investment.

February 9, 2012

Louisiana Eyed for Ethane Cracker

Sasol Ltd. is considering building an ethane cracker and derivatives complex near its existing Lake Charles Chemical Complex in Westlake, LA. If built, it could be one of the largest ethane crackers in the country, with production of up to 1.4 million tons per year.

December 2, 2011

Shales Heating Up Talk of U.S. as LNG Exporter

The surge of U.S. shale gas supplies has caused a large-scale rethink on liquefied natural gas (LNG) and the relationship of the U.S. gas market to that of the rest of the world. Those who used to watch U.S. shores for inbound tankers now wonder how soon and how many tankers will leave this country loaded with liquefied shale gas.

November 10, 2011

Cornell Study Counters TransCanada’s Keystone Jobs Claim

A study by the Global Labor Institute at Cornell University counters recent claims by TransCanada Corp.’s CEO Russ Girling that the controversial Keystone XL oil pipeline from the Alberta-U.S. international border to refineries in the Gulf of Mexico (GOM) region could create as many as 20,000 new jobs.

November 9, 2011