Industry News

Betting on more growth from the Permian Basin
When flying into the Midland airport in West Texas, there was no doubt that I had arrived in oil country. It was a pleasant March afternoon and I could see drilling rigs on either side of the airport runway.
US Vice President on Venezuela
Media Stakeout by Mr. Mike Pence, Vice President of the US, on the situation in Bolivarian Republic of Venezuela.
Russia to standardize LNG processing and liquefaction
Russian giant Gazprom signed program for standardization of developing technologies and equipment in oil refining, petrochemistry, and LNG processing and liquefaction in St. Petersburg. Gazprom said on Tuesday......
The "New Energy Economy" : An Exercise in Magical Thinking
A movement has been growing for decades to replace hydrocarbons, which collectively supply 84% of the world’s energy. It began with the fear that we were running out of oil. That fear has since migrated to the belief...
Maran Gas orders new LNG carrier at DSME
South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has booked a new liquefied natural gas carrier order from the Greek shipping company Maran Gas Maritime, a unit of Angelicoussis Shipping
World’s biggest buyer of LNG signs deal to buy 1.2MM tonnes a year from Canada
Japan’s JERA, the world’s top buyer of liquefied natural gas, on Tuesday said it had signed an agreement with a Mitsubishi Corp unit to buy up to 16 cargoes, or 1.2 million tonnes per annum (mtpa), of LNG from the LNG..
API-AOPL: Number of pipeline incidents declining, report shows
The number of incidents affecting people has decreased 20% as the total of US mileage and deliveries has increased more than 10% in the last 5 years, the American Petroleum Institute and the Association for Oil ...
Newly identified bacteria feeds on methane in the atmosphere
Though it is not the most abundant greenhouse gas, methane is certainly the most potent when it comes to trapping heat within the atmosphere. So while it be far lower in atmospheric concentration than CO2, there....
China to Build World's Largest LNG Carrier
China's Hudong-Zhonghua shipyard and classification society DNV GL have agreed a joint development project for a new 270,000 cubic meter LNG carrier – the largest ever ship of this type. China's LNG imports have been..
New initiative aims to bring clean wastewater to dry western states
Statewide leaders in agriculture recently launched an initiative to clean oilfield wastewater for use in arid western states, hoping to reduce the region’s carbon footprint and improve the lives of ranchers and farmers..
B.C. premier says final pieces of massive LNG Canada project now in place
The British Columbia government has secured the last steps of the fiscal framework for liquefied natural gas projects in the province.The legislative assembly passed the Income Tax Amendment Act, and Premier John Horgan.
Shell Breaks Market Mold With Deal Linking Gas Prices to Coal
Royal Dutch Shell Plc agreed to sell liquefied natural gas to a Japanese utility at prices that include a link to coal, the latest innovation in the booming LNG market where buyers are seeking to diversify risks......
School Of Mines Creates Water Treatment Technology Hub
Colorado School of Mines celebrated the grand opening of a new 10,000-square-foot research facility in Denver that will pave the way for greater collaboration with industry, government and academia to tackle one of the
Global LNG Services launches new solution
Global LNG Services (GLS) has launched a standardized, floating liquefaction solution that enables faster, lower cost plug and play development of LNG export, in what the company says is a “major milestone
US Energy Storage Solution: Giant Water Batteries
Pumped hydro is an old technology but it still plays a role in energy storage globally and here in the US. The basic idea is to store energy in the form of water held in an uphill reservoir, and leverage gravity.....
2019 World LNG Report is Released
IGU Releases 2019 World LNG Report as Global Trade Continues to Grow in Both Supply and Demand. Liquiefied Natural Gas (LNG) trade set a record for the fifth consecutive year in 2018, reaching 316.5 million tonnes.....
MOL and Karpowership Collaborate on Floating LNG Power Plants
Japan's Mitsui O.S.K. Lines (MOL) and Turkey's Karpower International have agreed to collaborate on a LNG-to-Powership business providing floating LNG power plants globally. Partners will operate as KARMOL......
How a Provincial Strategy Created a Nanotech Industry in Alberta
NASA’s challenge was to heat a speck of moon dust 100th the diameter of a human hair to 1,000°C and then bring it back down to room temperature in less than a second. The U.S. space agency, working in conjunction with
President Trump issues updated presidential permit for Keystone XL pipeline
President Donald J. Trump issued an updated presidential permit for the proposed Keystone XL crude oil pipeline on Mar. 29. The move was seen as an attempt to jump-start the project’s construction after a federal judge..
New process could recover billions of gallons of oil refinery wastewater
Every day in the United States, about 2.5 billion gallons of produced water – a byproduct of oil refinery and extraction – is generated as waste. This water is deemed unusable for household and commercial use........