View Cart (0 items)

Oil & Gas Industry Update

Processing's Oil & Gas Industry Update is delivered the second Monday of every month and covers the issues facing the oil & gas processing industry.


Gazprom to take over huge gas storage facility in Germany

Russian natural gas giant Gazprom will acquire Western Europe's largest underground gas storage facility this fall, according to media reports.
Read More

New natural gas processing plant serves Powder River Basin producers

A new natural gas processing plant serving the Powder River Basin has been inaugurated by Meritage Midstream Services.
Read More

Petronas warns of 15-year delay to Canada LNG project if no tax deal

Petronas, Malaysia's state-owned energy company, has warned that a planned $11 billion liquefied natural gas (LNG) plant in Canada could be delayed by up to 15 years unless a favorable tax deal is secured by the end of the month.
Read More

EnLink Midstream to acquire pipeline network from Chevron

Gulf Coast natural gas pipeline assets owned by subsidiaries of Chevron Corp. are to be acquired by EnLink Midstream.
Read More

US natural gas production hits record high in August

Average gas production in the lower 48 states in August 2014 was 68.9 billion Bcf/d. That's the highest monthly average on record.
Read More

Hydraulic fracturing fluids market worth $19.88 billion by 2020

The growth in shale drilling around the world is tied to an increase in demand for hydraulic fracturing fluids, which are used to create or expand fractures as well as to carry proppant into fractures in coalbed formations.
Read More

Four US energy companies plan Southeast natural gas pipeline

Dominion, Duke Energy, Piedmont Natural Gas and AGL Resources have formed a joint venture to build and own a 550-mile natural gas pipeline to North Carolina and Virginia.
Read More

Shale gas market to be worth $104.1 billion by 2020

A new report from Allied Market Research predicts that the global shale gas market will expand at a compound annual growth rate (CAGR) of 9.3 percent in 2014-2020.
Read More

Natural gas production in Marcellus Region reaches record high

Natural gas production in the Marcellus Region exceeded 15 billion cubic feet per day (Bcf/d) in July, the U.S. Energy Information Administration (EIA) reported.
Read More

Shale gas processing equipment market poised for growth

With the U.S. leading the world in shale reserves exploration, and other countries starting to explore and develop their own reserves, strong growth is expected in the shale gas processing equipment market over the next five years.
Read More