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Gas processing

US propane spot prices rise

The EIA reports that high global demand and low global supply have contributed to rising US propane spot prices.

 

Aramco, Air Products, ACWA Power and Air Products Qudra team up

Aramco, Air Products, ACWA Power and Air Products Qudra sign definitive agreement for the asset acquisition and project financing of the US$12 billion air separation unit (ASU)/gasification/power joint venture (JV) in Jazan Economic City.

 

SPL acquires AFS

SPL Inc. has announced its acquisition of AFS, formerly known as Assured Flow Solutions.

 
 

Hurricane Ida disruption

EIA outlines how Hurricane Ida disrupted crude oil production and refining activity.

 

Jacobs selling Worley shares

Worley has been informed by Jacobs Engineering Group Inc. that it had entered into a block trade agreement with Citigroup Global Markets Australia Pty Ltd to sell all Jacobs’ shares in Worley via an underwritten block trade.

 
 

Chevron to join hydrogen joint venture

Chevron has joined a hydrogen joint venture with Magnum Development and Mitsubishi Power to produce, store and transport green hydrogen at utility scale for power generation, transportation and industrial applications in the western US.

 
 
 

Chevron and Caterpillar announce hydrogen collaboration

Chevron U.S.A. Inc., a subsidiary of Chevron Corp. and Caterpillar Inc. have announced a collaboration agreement to develop hydrogen demonstration projects in transportation and stationary power applications, including prime power.

 
 
 

PGNiG to purchase more natural gas from Venture Global LNG

PGNiG (Polish Oil and Gas Co.) have signed amendments to agreements with American companies Venture Global Calcasieu Pass LLC and Venture Global Plaquemines LLC to purchase another 2 million tpy of liquefied natural gas for 20 years.