Large

Industry Briefs

Air Liquide Large Industries U.S. LP announced two projects in Freeport, TX, for its Gulf Coast pipeline and hydrogen/syngas businesses. The first project went on-line in March and has increased the supply of hydrogen purification and compression capacity to Air Liquide’s hydrogen pipeline system. The second project is expected to go online in 2014 and involves the construction of a new liquid oxygen storage and vaporization facility at the Freeport air separation unit complex to supply oxygen to the Gulf Coast pipeline network. This new installation represents an increase of nearly 25% over current storage and vaporization capacities on the networkd. Hydrogen gas is used by refiners to produce cleaner burning fuels, among other industrial uses. Government regulations calling for reductions in fuel emissions have increased demand for hydrogen. Growth in industrial gas demand is also anticipated as a result of the cost advantages resulting from low-priced natural gas, the company said.

April 11, 2013
Marcellus Region Saw Lion’s Share of 2012 Pipeline Projects

Marcellus Region Saw Lion’s Share of 2012 Pipeline Projects

More than half of the natural gas pipeline projects that entered service were in the Northeast during 2012, a year in which overall U.S. capacity investment slowed.

March 26, 2013

Cooler Temps Keep Cash Market Well Bid; Futures Flounder

The physical market overall was unchanged Thursday, but that was due in large part to multi-dollar losses at constrained northeast pipelines such as Algonquin, Iroquois and portions of Tennessee. Omitting those losses from the equation results in a 6-cent market gain.

March 22, 2013

Rail Terminal Planned to Serve Texas, New Mexico Producers

Rangeland Energy is buying land near Loving, NM, where it plans to develop a large terminal facility to handle crude oil, frack sand, pipe and other products; plans for a crude oil pipeline to the terminal also are in the works, the company said Monday.

March 21, 2013

ConocoPhillips CEO: ‘Give Credit Where Due’ to Industry

An upheaval in investment and operational strategies is roiling the energy industry, in large part because of unconventional natural gas and oil resources, and it’s not all about supply and demand, ConocoPhillips CEO Ryan Lance said last week.

March 11, 2013

Cash Scores Double-Digit Gains, But Futures Struggle

Cash prices continued to romp higher by another 15 cents Tuesday, led by weather-driven strength along the Eastern Seaboard. Large price gains typically seen on constrained New England pipelines such as Algonquin and Iroquois were also seen throughout the Northeast on Transco, Texas Eastern and Tennessee.

March 6, 2013

ConocoPhillips CEO: ‘Give Credit Where Due’ to Industry

An upheaval in investment and operational strategies is roiling the energy industry, in large part because of unconventional natural gas and oil resources, and it’s not all about supply and demand, ConocoPhillips CEO Ryan Lance said Tuesday.

March 6, 2013
Shale’s Ethane Boom Gives Westlake Chemical Advantage

Shale’s Ethane Boom Gives Westlake Chemical Advantage

Westlake Chemical Corp. enjoyed record fourth quarter and full year results last year, driven in large part by lower ethylene feedstock costs resulting from the abundant supply of natural gas liquids (NGL) coming out of North American shale plays, CEO Albert Chao told analysts during a conference call Tuesday.

February 20, 2013

U.S. Ethane Boom Gives Westlake Chemical Advantage

Westlake Chemical Corp. enjoyed record fourth quarter and full year results last year, driven in large part by lower ethylene feedstock costs resulting from the abundant supply of natural gas liquids (NGL) available in North America, CEO Albert Chao told analysts during a conference call Tuesday.

February 20, 2013

India’s Gail, EDF Trading JV to Gain North American Energy Assets

GAIL India Ltd., India’s s state-owned gas utility and a large energy importer, signed an agreement Thursday with global energy trader EDF Trading to acquire and develop oil and gas assets in North America.

February 11, 2013