A unit of Occidental Petroleum Corp. (Oxy) is partnering in a pilot project that could produce 1 metric tons/month of ethylene using human-made carbon dioxide (CO2) instead of hydrocarbon feedstocks like natural gas and oil. Houston-based Cemvita Factory, a bio-engineering start-up, is working with Oxy Low Carbon Ventures (OLCV) on the bio-ethylene pilot facility, which…
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Natural gas liquids (NGL) production from the Woodford Shale, Cana-Woodford Shale and Granite Wash, as well as NGL market developments in the Gulf Coast, have inspired ONEOK Partners LP to announce plans to spend $910 million to $1.2 billion between now and late 2013 on new liquids infrastructure.
Natural gas liquids (NGL) economics continued to improve in October, and the petrochemical industry’s conversion to lighter feedstocks, namely ethane, has been happening more quickly than expected, analysts at Wells Fargo Securities said Monday.