Kenan merges two subsidiaries
Kenan Merges Two Subsidiaries into KAG Merchant Gas The Kenan Advantage Group Inc. of North Canton, Ohio, said it has merged its two merchant gas subsidiaries — Jack B. Kelley LLC and Cryogenic Trans…
Crude oil expected to continue dominance, study says
Crude Oil Continues Dominance Crude oil products will continue to dominate global energy demand for transportation through 2040 despite surprisingly strong growth in electric vehicle sales, BP PLC sai…
EIA raises crude oil price outlook
The U.S. Energy Information Agency’s (EIA) May “Short-Term Energy Outlook’’ (STEO) predicted Brent crude oil prices would average $71 per barrel this year, $7 higher than what was forecast in April. C…
Butane Market Expected to Grow, analysts say
The global butane market stood at about $60 billion in 2015. In volume terms, global demand was nearly 138 million tons during the same year. This market is anticipated to expand at more than 2.7 perc…
Panama Canal Expansion Affecting LPG Market
Expansion of the Panama Canal allows for larger and cheaper transports New Panama Canal Expansion Project (Wikipedia) The recently completed expansion of the Panama Canal, which now allows transport o…
Pivotal LNG Signs Contract With NASA Flight Center
Pivotal LNG delivering LNG to NASA Pivotal LNG made its first delivery of liquefied natural gas (LNG) to the National Aeronautics and Space Administration (NASA) after earning the award to serve NASA’…
Oil and gas firms plan leaner projects worldwide
Wood Mackenzie (WoodMac) About 30 upstream oil and gas projects are expected to be approved around the world this year, similar to 2017, as operators stay focused on less capital-intensive projects wi…
U.S. Driving World’s Oil Market
World’s Oil Market – IEA Outlook FILE – In this April 24, 2015 file photo, pumpjacks work in a field near Lovington, N.M. The boom in US oil production is expected to satisfy most of the world’s growi…
Oil creating Saudi – Russia link
Oil creating Saudi, Russia link Saudi Arabia’s oil production agreement with Russia was opportunistic at first, but it is now the foundation for a broader relationship that has the potential to reduce…
Demand for German biodiesel going up
Demand for biodiesel from Germany continues to be very high, especially in the EU-28, according to export figures published by the German Federal Statistical Office (GFS). Demand for German BioDiesel…
U.S. becoming major LNG exporter
U.S. exports of liquefied natural gas (LNG) reached 1.94 billion cubic feet per day (Bcf/d) in 2017, up from 0.5 Bcf/d in 2016. As LNG exports increased, shipments went to more destinations. U.S. LNG…
Oil & Gas Exploration to Draw $811 billion, Data Firm Predicts
More than $811 billion will be spent on 615 upcoming oil and gas fields between 2018 and 2025 according to data and analytics company GlobalData. Globally, capital expenditure (capex) into conventiona…
