In an effort to expand its production of olefins, Chevron Phillips Chemical Company LP plans to build a massive 1-hexene plant at its Cedar Bayou Chemical Complex in Baytown, TX.
Articles from Center
The expanding U.S. supply of natural gas is providing a win-win for chemicals producers, their suppliers and customers. It’s “an unbelievable opportunity,” Jim Teague, COO of Enterprise Products Partners, told an industry audience in Houston.
Hydraulic fracturing (fracking) took center stage at a House hearing Wednesday on the fiscal year (FY) 2013 Interior Department budget, with Secretary Ken Salazar saying that he hopes that federal government research into the shale gas practice will end “a lot of the hysteria” surrounding the drilling practice.
Exasperated with being at the center of a pitched debate over the safety of hydraulic fracturing (fracking), elected officials in Dimock Township, PA, voted unanimously to decline an offer by the city of Binghamton, NY, about 30 miles away, to deliver potable water supplies to some of the town’s residents.
Exasperated with being at the center of a pitched debate over the safety of hydraulic fracturing (fracking), elected officials in Dimock Township, PA, voted unanimously Monday evening to decline an offer by the city of Binghamton, NY about 30 miles away, to deliver potable water supplies to some of the town’s residents.
If the only newspaper you read is The New York Times, you could be forgiven for thinking that all the news about hydraulic fracturing (fracking) is bad. Still, the good news about fracking — energy security, economic development and jobs — is often drowned out by environmental worries, former commodities trader, analyst, energy author and New Yorker Raymond Learsy told NGI’s Shale Daily.
Kinder Morgan Energy Partners LP (KMP) has agreed to acquire SouthTex Treaters, a manufacturer, designer and fabricator of natural gas treating plants that remove carbon dioxide and hydrogen sulfide, for about $155 million. The manufactured amine plants range in size from five to 1,200 gallons per minute of treating capacity. Kinder Morgan Treating, a subsidiary of KMP, is a large provider of contract-operated treating and hydrocarbon dew point conditioning plants. “This acquisition will enable us to provide large amine plants for centralized treating facilities, which are often needed in the rapidly developing shale plays,” said Bill Stokes, vice president of Kinder Morgan Treating. “We will also be able to replenish our already large inventory of amine plants and offer our customers even more flexibility for their treating needs.” Closing is expected during the fourth quarter.
Summit Midstream Partners LLC is acquiring midstream gas assets in the Piceance Basin from Encana Oil & Gas (USA) Inc. for $590 million. The assets include about 260 miles of pipeline and 90,000 hp of compression facilities and serve Mamm Creek, Orchard and South Parachute production in the area around Rifle, CO. They are currently transporting about 500 MMcf/d of gas under long-term contracts with multiple producers, according to Summit. Dallas-based Summit, which is privately held, has also committed to build for Encana the midstream infrastructure necessary to support its emerging Niobrara development. The sale of the Piceance Basin assets is subject to regulatory approvals and closing conditions and is expected to close during the current quarter.
A couple from Susquehanna County, PA, at the center of a controversial mineral rights case wants the state’s Supreme Court to throw out a lower court’s ruling and end the anxiety shared by energy companies and landowners alike over uncertain ownership rights in the Marcellus Shale.