Petrochemicals

  • Petrochemical Correction

    Jack Broodo, president of Dow Chemical Canada ULC, told the CERI petrochemical conference that if Canadian companies can find a way to produce products here to supply the Pacific Rim market the Canadian industry could be two or three times larger than it is today.

    June 14, 2011, 12 PM MDT

  • Alberta Petrochemical Industry On The Upswing With Return Of "Alberta Advantage"

    The rapid growth in unconventional natural gas production which has driven down gas prices is good news for the North American ethane-based petrochemical industry, an industry conference heard last week.

    June 13, 2011, 12 PM MDT

  • Dow Chemical To Raise Ethylene, Propylene Production

    Houston (Reuters) - Dow Chemical Co. plans to increase ethylene and propylene production as the largest U.S. chemical maker seeks to benefit from growing supplies of natural gas liquids that U.S. shale fields are producing.

    April 25, 2011, 12 PM MDT

  • NOVA Chemicals Signs Deal With Williams For Feedstock From Oilsands Off-gas

    Williams plans to spend $311 million on the expansion of its facilities near Fort McMurray and Redwater as part of a long-term agreement to supply NOVA Chemicals Corporation with up to 17,000 bbls per day of ethane and ethylene from an oilsands upgrader off-gas.

    March 29, 2011, 12 PM MDT

  • Chevron Phillips Chemical To Study Feasibility Of Gulf Ethane Cracker

    Chevron Phillips Chemical Company LP is advancing a feasibility study to construct a world-scale ethane cracker and ethylene derivatives at one of its existing facilities in the United States Gulf Coast region using expected shale gas reserves as feedstock.

    March 28, 2011, 12 PM MDT

  • Upgrader Off-gases To Be Eligible For Alberta Ethane Extraction Program Credits

    The Alberta government is extending for another five years a program to encourage increased ethane extraction from natural gas for the petrochemical industry and expanding it to include ethane extracted from off-gases that result from bitumen refining or upgrading.

    March 24, 2011, 12 PM MDT

  • AltaGas Signs Long Term Supply Deal With NOVA

    AltaGas Ltd. has entered into a definitive agreement with NOVA Chemicals Corporation for the Harmattan Co-stream Project.

    March 7, 2011, 12 PM MST

  • NOVA Signs Agreement With Hess To Import Ethane

    NOVA Chemicals has executed definitive agreements with Hess Corporation and Vantage Pipeline Canada Inc./Vantage Pipeline US LP to purchase and transport ethane production from Hess' Tioga gas plant in North Dakota via a proposed pipeline to Alberta.

    February 24, 2011, 12 PM MST

  • Liquids Pipeline Is Backbone For Growing Use Of Off-Gas For Petrochemicals

    With little fanfare Calgary-based Williams Energy Canada is going ahead with a $340 million high vapor pressure liquids pipeline that a Williams executive says will be the backbone of $1.5 billion in total investments aimed at converting off-gases produced at oilsands upgraders into value-added feedstock for Alberta's petrochemical industry.

    August 5, 2010, 12 PM MDT

  • Northern Pipelines, Shale Gas Key For Alberta's Petrochemical Industry

    Liquids-rich gas is a critical feedstock for the petrochemical industry, and so when deciding which is preferred, shale gas or northern projects, the answer is simple: all of them, says an industry official.

    July 19, 2010, 12 PM MDT

  • NOVA Planning To Import Ethane From North Dakota

    NOVA Chemicals has signed a memorandum of understanding (MOU) with Hess Corporation and Mistral Energy Inc. to purchase and transport ethane production from Hess' Tioga gas plant in North Dakota via a proposed pipeline to Alberta.

    July 19, 2010, 12 PM MDT

  • Williams Fort McMurray-Redwater HVP Pipeline Approved

    The Alberta Energy Resources Conservation Board has approved an application from Williams Energy (Canada) Inc. to construct and operate a high vapour pressure (HVP) products pipeline from the Fort McMurray area to the Redwater area.

    June 7, 2010, 12 PM MDT

  • NOVA Chemicals Signs MOU With AltaGas For Harmattan Liquids

    AltaGas Income Trust has entered into a memorandum of understanding (MOU) with NOVA Chemicals Corporation (NOVA Chemicals) which would acquire natural gas liquids from the trust's proposed Harmattan co-stream project.

    July 6, 2009, 12 PM MDT

  • Nova Shareholders Approve Acquistion

    (Reuters) - Nova Chemicals Corp. shareholders voted overwhelmingly on Tuesday in favor of Abu Dhabi-based International Petroleum Investment Corp.'s $500 million takeover of the raw plastics manufacturer, which comes amid a major downturn in the petrochemical industry.

    April 17, 2009, 12 PM MDT

  • Abu Dhabi Government Owned Company Offers $2.3 Billion (U.S.) For NOVA Chemicals

    NOVA Chemicals Corporation said today it has entered into an agreement providing for the acquisition of all its outstanding common shares for a cash consideration of $6 (U.S.) per share by International Petroleum Investment Company which is wholly-owned by the Abu Dhabi government.

    February 23, 2009, 12 PM MST

  • NGL Players Tout Offgas Potential

    The oilsands will emerge as an important long-term supply of feedstock for Canada's petrochemical industry with natural gas production on a steady decline, resulting in less natural gas liquids available for processing.

    April 14, 2008, 12 PM MDT

  • Aux Sable And Dow Announce Off Gas Ethane Sale Agreement And Strategic Alliance

    Aux Sable Canada Ltd. and Dow Chemical Canada Inc. have entered into an agreement relating to the long-term sale of an ethane/ethylene stream from Aux Sable's Heartland offgas plant (HOP).

    January 17, 2008, 12 PM MST

  • Gas Shippers Would See Liquids Value Under NGTL Extraction Model, EUB Told

    NOVA Gas Transmission Ltd. (NGTL) says it has developed an efficient, cost-effective alternative to Alberta's current natural gas liquids (NGL) extraction convention that will increase the volumes of NGLs available for value-added upgrading in Alberta.

    November 6, 2007, 12 PM MST

  • Planned Keltic Petrochemical Facility One Of Few New Ones In North America

    While work to secure supply continues, the head of Keltic Petrochemicals Inc. remains confident that a proposed liquefied natural gas and petrochemical project in Nova Scotia is viable.

    October 25, 2007, 12 PM MDT

  • Petrochemical Industry Wants Access To Gas Liquids

    Ethane is a critical feedstock for Alberta's petrochemical industry which wants a new provincial policy to ensure that liquids are stripped from the natural gas before it is exported from the province.

    October 11, 2007, 12 PM MDT

  • Nova Chemicals And Williams Announce Letter Of Intent To Extract Ethane From Alberta Oilsands

    NOVA Chemicals Corporation has reached an agreement with Williams Companies, Inc. to evaluate processing current and future off-gas streams from the Alberta oilsands to extract ethane.

    July 23, 2007, 12 PM MDT

  • NOVA Mulling Bitumen-To-Ethane Demonstration Plant

    NOVA Chemicals Corporation is doing design work this year for a possible demonstration plant to test technology it has developed to convert bitumen into petrochemical feedstock.

    July 23, 2007, 12 PM MDT

  • Keyera To Extract Ethane At Rimbey Gas Plant

    Keyera Facilities Income Fund announced today that it has initiated a project to extract ethane from the raw natural gas processed at its Rimbey gas plant in west central Alberta.

    July 12, 2007, 12 PM MDT

  • Alberta Cabinet Approves Ethane Extraction Incentives

    Alberta's petrochemical industry is poised to increase production following implementation the Incremental Ethane Extraction Policy (IEEP) approved Tuesday by the provincial cabinet.

    July 11, 2007, 12 PM MDT

  • Key Players Sharpening Pencils In NGL Extraction Inquiry

    Both producers and users of natural gas liquids are sharpening their pencils and preparing for the recently launched Alberta Energy and Utilities Board inquiry on NGL extraction.

    June 18, 2007, 12 PM MDT