Converting natural gas to liquid fuels using Fischer-Tropsch conversion is not a new idea but it has always been a big one, meaning it has always required very large and expensive production facilities. Royal Dutch Shell and South Africa’s Sasol have been the industry leaders in Gas-to-Liquids (GTL) for decades but their existing GTL plants… Keep reading →
Continental Resources, one of the largest Bakken Shale producers, announced some good and bad news to investors yesterday – a new oil discovery (good) but increased capital expenditure guidance (bad). The company announced a new oil discovery in the South-Central Oklahoma Oil Province (SCOOP) where it also said “net unrisked resource potential has increased to… Keep reading →
Gas-to-liquids plants that is. Facilities that convert natural gas into liquid transportation fuels like diesel and gasoline have become potentially attractive given current ample US natural gas supply and the fuel’s comparatively low price compared with other regional markets around the world. This attractively-priced feedstock has already spurred a spate of chemical plant expansions and… Keep reading →
This piece is short on details, but reports scientists have found a way to do gas-to-liquids on the high seas at a cost of around $3 to $6 per gallon. “For us in the military, in the Navy, we have some pretty unusual and different kinds of challenges,” said Cullom. “We don’t necessarily go to… Keep reading →
What can cost a billion dollars more each week before it even exists? At the end of September, the Louisiana governor’s office projected that a new gas to liquids project announced by Royal Dutch Shell would cost an estimated $12.5 billion. Less than a week into December, the multinational energy giant cancelled its plans amid… Keep reading →
Technology start-ups and Russian oil companies are partnering up to turn flared gas into an economic benefit through gas-to-liquid generation Satellite data from the National Oceanic and Atmospheric Administration (NOAA) shows that Russia flared 35 billion cubic meters of gas in 2011 and is on par with the amount they’ve previously burned into the atmosphere.… Keep reading →
Alternative fuel company Primus Green Energy has just opened a gas-to-liquids demonstration plant in New Jersey. With natural gas prices trading well below oil prices, and US gas reserves abundant, Primus’ product could provide a cost-competitive alternative to petroleum-based fuels for the domestic market. Here are some of the quick takeaways from a recent plant tour, which Breaking… Keep reading →
The nation is flooded with natural gas. For the last twelve months, the amount of gas available to the market exceeds five-year averages. With more gas than anyone can use, producers are now looking for new consumers. Two new opportunities have emerged and one could disrupt the nation’s economy in some very positive ways.
Less than five years ago it looked like North America’s natural gas market was going to become highly dependent on foreign imports. Anticipating a growing need to offset declining natural resources, investors built eleven liquefied natural gas (LNG) import terminals along the east coast and the Gulf of Mexico. Seven more were approved by federal regulators. But during the last 12 months, very little LNG was imported. Keep reading →
