Last year MDN shared with you the rumor that Exxon Mobil was sniffing around Pennsylvania, investigating the prospect of building a multi-billion dollar ethane cracker like the Shell cracker being built near Pittsburgh. Those rumors went on for a while and even included evaluation of the Philadelphia area, not just Pittsburgh. Last week Exxon said
Read More...PTT Global Chemical America has signed an agreement to develop a natural gas liquids storage facility to serve its proposed $6 billion ethane cracker in eastern Ohio, according to Kallanish Energy. The company made the announcement Wednesday. The deal is with Energy Storage Ventures LLC through its wholly-owned subsidiary Mountaineer NGL Storage, who will develop
Read More...A final investment decision on a proposed $6 billion ethane cracker complex in eastern Ohio has been postponed to 2021 due to the coronavirus pandemic, Kallanish Energy reports. That announcement came from PTT Global Chemical America in a May 20 report in The Nation, an English-language newspaper in Bangkok, Thailand. That report was tracked down
Read More...The Appalachia Development Group (ADG) is leading an effort to build a ~$3.3 billion NGL storage hub in Appalachia. From the start, the thinking has been the storage hub would be located somewhere in West Virginia (see WV’s US Senators Lead the Charge to Build $10B NGL Storage Hub). But what’s this? ADG Chairman and
Read More...The Sierra Club, along with some lesser-known but equally radical enviro groups, filed a court challenge to an air quality permit granted by the Ohio Environmental Protection Agency for the PTT Global Chemical ethane cracker plant project in Belmont County, OH back in January (see Radical Green Groups Appeal Ohio Cracker Plant Air Permit). Yesterday
Read More...Little by little, piece by piece, the evidence continues to mount that PTT Global Chemical and their partner Daelim Chemical will make a positive final investment decision (FID) to build a multi-billion dollar ethane cracker in Belmont County, OH. On Monday we told you the State of Ohio is investing another $30 million in the
Read More...Location of Steubenville, halfway between Monaca, PA and Dilles Bottom, OH Several weeks ago MDN editor Jim Willis attended the 2019 Northeast Petrochemical Conference and Expo in Pittsburgh. A major reason for attending such events is to connect with others in the industry. On this trip, Jim had the pleasure of meeting and talking with
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. Oreos Deal Anything But Black and White The manufacturer of Oreos says it’s cut a deal to buy
Read More...Bechtel Oil, Gas & Chemicals was selected by Thai petrochemical giant PTT Global Chemical to build the Belmont County ethane cracker plant on a former coal-fired power plant in Mead Township, according to Shale Ohio. The company is also building a Shell cracker in Monaca, Pennsylvania. With two large ethane cracker plants being constructed in
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Every now and again we traffic in rumors here on MDN, but we do so rarely and only when we trust the source of the rumor. In mid-March we brought you juicy
Read More...Experts believe an increased availability of ethane storage facilities in eastern Ohio, southwestern Pennsylvania and northern West Virginia will attract petrochemical plants that turn ethane into raw plastic, according to the Associated Press. Incidentally, plans are underway to create two underground facilities to store ethane in the Appalachian Basin. Energy Storage Ventures is awaiting approval
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Seems like every few months there’s a meeting or conference somewhere in the Marcellus/Utica region that addresses the topic of ethane storage. Another such a meeting was held in Pittsburgh yesterday. The
Read More...Energy midstreamer/transporter/storage giant Energy Transfer LP is opening an office in Beijing, looking to capitalize on China’s demand for ethane and other natural gas liquids. By opening its first office outside the U.S., Energy Transfer hopes to better leverage the increasing business opportunities in the export of energy products to China and other Asian markets,
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