UK-based petrochemical giant, INEOS, said Monday it will deliver the first-ever ethane cargo from U.S. shale gas into China in 2019, following a long-term supply agreement it inked with China’s SP Chemicals, Kallanish Energy reports.
Shell Chemical Appalachia on Wednesday announced moving dirt and putting infrastructure in place is over, as the main construction phase of its estimated $5-$6 billion petrochemicals complex in Potter Township, Pa., is now underway.
Competitive Power Ventures (CPV), General Electric’s GE Energy Financial Services unit and Osaka Gas USA have broken ground on a $700 million, 1,050-megawatt, gas-fired power plant to be built in Johnstown, Pa.
Mountaineer NGL Storage announced on Thursday that it intends to invest $150 million over the next three to five years in its natural gas liquids storage facility at Clarington, Ohio, Kallanish Energy reports.
Thailand's PTT Group, which is expected to make a final investment decision on a multi-billion-dollar ethane cracker plant in southeast Ohio, last week put off plans to develop the Mariana oil sands project in Canada due to weak oil prices, Kallanish Energy reports.
After months of silence, PTT Global Chemical has signed a memorandum of understanding with the state of Ohio’s private economic development arm in connection with a proposed $6 billion ethane cracker cracker plant in eastern Ohio, Kallanish Energy reports.