Canadian petrochemical producers could benefit from growing volumes of natural gas liquids from the Bakken formation in North Dakota, a petrochemical conference heard this week.
June 7, 2013, 12 PM MDT
KANANASKIS -- If Alberta petrochemical producers are looking for increased supplies of ethane, they should be prepared to pay for the higher costs associated with extracting it from natural gas, an industry conference heard Monday.
June 4, 2013, 12 PM MDT
Further processing of oil and natural gas in Alberta could pump billions of dollars a year into the province's economy.
April 18, 2013, 12 PM MDT
Inter Pipeline Fund says it has entered into a binding agreement with NOVA Chemicals Corporation involving the long-term sale of ethane production from its Cochrane extraction plant.
April 16, 2013, 12 PM MDT
(Reuters) -- Sinopec Corp., Asia's largest refiner, will strive to lower its petrochemical production costs and optimize its product mix to meet the threat of cheap supply from rival U.S. in the future, a top executive said.
March 25, 2013, 12 PM MDT
EDMONTON -- While the prospect of low natural gas prices for the foreseeable future is not good news for the Alberta treasury, it is creating new opportunities for Alberta companies, says the head of an Edmonton-area industrial development group.
January 23, 2012, 12 PM MST
Houston (Reuters) - Not too long ago chemical industry insiders would joke about when the next U.S. chemical plant would be built. The answer, the punch line always went, was never.
June 17, 2011, 12 PM MDT
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
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
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
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 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
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 Ltd. has entered into a definitive agreement with NOVA Chemicals Corporation for the Harmattan Co-stream Project.
March 7, 2011, 12 PM MST
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
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
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 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
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
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
(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
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
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 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
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
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