Global natural gas demand, increased supplies from U.S. producers, and investments in LNG capacity will continue to grow and generate additional environmental benefits, the recently released Shell LNG Outlook 2020 reports. The company’s fourth annual LNG outlook highlights key industry trends from the previous year and lays out LNG expectations spanning the next few decades.
Read More...Work is being done on the project, which could get a final investment decision sometime this year. It’s been under development since at least 2015.
Read More...Phillips 66 Partners LP agreed to acquire a 50% stake in the Liberty Pipeline, a $1.6 billion project to transport Rockies and Bakken crude oil production to Oklahoma’s Cushing hub. According to a Feb. 21 news release from the Houston-based company, Phillips 66 Partners will acquire the interest as part of a roughly $75 million
Read More...Specialty packaging injection molder AptarGroup Inc. is consolidating manufacturing in North America by closing two plants, in Stratford and Torrington, Conn. The company also announced plans to buy Dallas-based Fusion Packaging I LP, a maker of cosmetic packaging products, and officials are also talking about the impact of the coronavirus on its operations. Crystal Lake,
Read More...Shell Midstream Partners LP expects to take final investment decisions on expanding its Mars crude oil pipeline system in the Gulf of Mexico (GoM) in the first half of the year, CEO Kevin Nichols said Feb. 20. Shell has seen significant interest from oil producers as the 600,000 barrel-per-day (bbl/d) system nears capacity, and the
Read More...DENVER—It was 20 years ago when Big Sky Country started its journey into Big Oil country. It was a small group of determined dreamers who applied an entrepreneurial spirit to horizontally drill Burning Tree State 36-2H in Richland County, Mont. The Bakken was suddenly at the center of the American oil revolution. Among them was
Read More...Nashville, Tenn. — Industry needs to be ready for a much stronger government role in plastics recycling, potentially including things like fees on packaging to help pay for costly upgrades to collection infrastructure. That was the message that came from some industry leaders at the recent Plastics Recycling Conference and Trade Show, where discussions about
Read More...Flooring maker Mannington Mills Inc. is investing $22 million in an expansion in Georgia to produce luxury vinyl tile. The project follows “increased customer demand for domestically produced luxury vinyl flooring,” Georgia Gov. Brian Kemp’s office said in a Feb. 20 news release. The facility, on a 10.5-acre site in Calhoun is expected to create
Read More...The U.S. oil rig count rose for a third week in a row even though growth in the country’s largest shale formation slows as producers cut spending on new drilling for a second consecutive year. Companies added one oil rig in the week to Feb. 21, bringing the total count to 679, their highest since
Read More...Screw and barrel maker Reiloy USA plans to invest more than $20 million in a new manufacturing plant in Maize, Kan., and hire 39 employees over five years, according to a report in the Wichita Business Journal. Reiloy already employs 68 in its headquarters in the same industrial park. Reiloy USA is part of German
Read More...Tom ShepstoneShepstone Management Company, Inc. . … If you NESE was dead and all we’d ever see is a corpse on the New Jersey shore, you were wrong. The project is very much alive and again in front of NJ-DEP. NESE lives. Many thought it was dead and had sunk to the bottom of Raritan
Read More...Niagara Bottling LLC is expanding again, investing $70 million to establish an operation in Florence, S.C. The company is building a 502,320-square-foot bottled water factory that will employ 70 people within five years, according to the South Carolina Department of Commerce. The Ontario, Calif.-based company builds integrated plants that include production of injection molded preforms
Read More...In early December when Williams withdrew their fourth and final permit application to build the Northeast Supply Enhancement (NESE) pipeline project with the New Jersey Dept. of Environmental Protection (NJDEP), we feared that maybe Williams had given up on the project (see Is NESE Pipeline to NYC Dead? Williams Withdraws Final NJ Permit). But what’s
Read More...Williams issued its fourth-quarter and full-year 2019 update yesterday. Among the gems shared, the company reported gathering 13.3 billion cubic feet per day (Bcf/d) of natural gas and equivalents during 4Q19, up 10% from 4Q18. Just to put that in perspective, there was 85.5 Bcf/d of shale natural gas production in December 2019, according to
Read More...In January the Pennsylvania Dept. of Environmental Protection (DEP) lifted a moratorium (in place for more than a year) on new construction permits for the Mariner East 2 pipeline project (see PA DEP Slaps Energy Transfer Again – $2M Fine re Mariner East 2). All new pipeline construction by Energy Transfer was on hold following
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