Gas | 22 May 2020
ONGC and NTPC to set up JV for renewable energy
The MoU will enable both companies to achieve their targets in Renewable Energy business.
The MoU will enable both companies to achieve their targets in Renewable Energy business.
The terminal would be the first such facility in Poland, which could help increase the use of LNG as a fuel in both maritime and road transport and thus strengthen the LOTOS Group’s position.
This major project milestone was completed nearly three months ahead of schedule and comes nine months after the project’s final investment decision (FID).
CIRCOR’s expansion in the Weihai Economic & Technological Development Zone (ETDZ) reinforces the company’s capacity to provide strong support and foster proximity to new and longtime flow control customers as well as the regional supplier base.
The FEED is being funded by the U.S. Department of Energy’s Office of Fossil Energy and managed by its National Energy Technology Laboratory as part of a larger initiative to advance carbon capture technology development.
The announcement followed a Greenpeace report Tuesday that documents how the three tech giants are using AI and computing power to help oil companies find and access oil and gas deposits in the U.S. and around the world.
While there was no official word from the company, reports suggested that Siemens AG was in the process of carving out its gas and power business, which had dragged its overall performance, into a separate subsidiary.
The slowdown is affecting the natural gas consumption over the next few months with the largest demand declines expected from commercial and industrial sector.
Dixit had the shortest tenure of just over a year as the head of the firm that operates the nation's biggest onland field in Barmer in Rajasthan.
The co-development agreement was signed in May and is valid for 12 months.
Air Products will add one large-volume high purity nitrogen (HPN) generator to support the PCB and contract manufacturer’s expansion in Northern China.
Air Products will invest about $2 billion to build, own and operate the air separation, gasification, syngas clean-up, utilities and methanol production assets to produce methanol for Bakrie and Ithaca.
The Alliance Agreement provides Air Products access to Topsoe’s technology license(s) and the supply of certain engineering design, equipment, high-performance catalysts and technical services for ammonia, methanol and/or dimethyl ether plants to be built, owned and operated by Air Products.
Once operational, the new unit, known as Train 7, will add around 8 million tpy of capacity to the Bonny Island facility, taking the total to around 30 million tpy.
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Liquefied natural gas (LNG) imports by the world’s top three consumers – Japan, China and South Korea, and other Asia-Pacific (APAC) countries such as India have taken a hit due to reduced demand and economic slowdown fueled by the COVID-19 outbreak.
Its aim is to develop sustainable raw materials for care products, using carbon dioxide (CO2) as the starting material.
The vessel, the ‘Transgas Power’, was built at the Hudong-Zhonghua shipyard in Shanghai for Greek operator Dynagas.
The awards, gained under a competitive tender process with an international oil company, involve the provision of duty holder support services for an offshore support vessel, and operations and maintenance services for an oil and gas development project and gas terminal.
ONGC has seen incurring losses on the 65 million standard cubic meters per day of gas it produces from domestic fields shortly after the government in November 2014 introduced a new gas pricing formula that had "inherent limitations" as it was based on pricing hubs of gas surplus countries such as the US, Canada, and Russia.
The discussions encompassed the global oil and gas scenario and review of bilateral cooperation in the sectors of oil and gas sector and coking coal.
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