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$1.3B methanol plant slated for South Louisiana

Green Car Congress

Louisiana Governor Bobby Jindal, South Louisiana Methanol (SLM) CEO Barry Williamson and Todd Corp. Group CEO Jon Young announced that South Louisiana Methanol LP will invest $1.3 The South Louisiana Methanol site will be the largest of its kind in North America. Austin, Texas-based Zero Emission Energy Plant Ltd.

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Juniper GTL to invest $100M to retrofit plant to new small-scale GTL facility in Louisiana

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Louisiana Governor Bobby Jindal and Juniper GTL LLC President Vianney Valès announced the company will invest $100 million to renovate a dormant steam methane reformer in the Westlake, Louisiana area and convert it to a natural gas-to-liquids (GTL) facility, producing waxes, drilling fluids, diesel and naphtha.

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Delek sells AltAir renewable diesel/jet business to World Energy for $72M

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Delek US Holdings has sold AltAir Paramount, LLC and Delek’s Paramount, California refining and pipeline assets to an affiliate of Boston-based World Energy, LLC, a major biodiesel producer. For its first commercial project, AltAir partnered with Alon Energy USA to use its existing refinery in Paramount. Earlier post.). Earlier post.).

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G2X Energy and EMRE sign methanol to gasoline technology license and license option agreements; plans for $1.3B natural gas to gasoline plant

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G2X Energy, Inc., G2X Energy is the first to secure a long term multi-site agreement with EMRE for natural gas based methanol to gasoline projects. G2X Energy is the first to secure a long term multi-site agreement with EMRE for natural gas based methanol to gasoline projects. Click to enlarge. Earlier post.)

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MHTL to partner with G2X, negotiate methanol offtake agreement from G2X methanol-to-gasoline plant

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G2X Energy, Inc. and Methanol Holdings Trinidad Limited (MHTL) announced that MHTL intends to partner with G2X Energy to construct the world-scale methanol-to-gasoline (MTG)-ready, methanol production facility being developed by G2X Energy in Lake Charles, Louisiana. Earlier post.).

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Chevron announces “significant” oil discovery in deepwater Gulf of Mexico

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Anchor co-owners are Cobalt International Energy, Inc. (20%), The well, which was spudded in August 2014, is located approximately 140 miles (225 km) off the coast of Louisiana in 5,183 feet (1,580 m) of water and was drilled to a depth of 33,749 feet (10,287 m). Appraisal drilling will begin in 2015.

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Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

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In January 2015 Sasol announced it was delaying a final investment decision on the proposed project near Lake Charles, Louisiana to conserve cash in response to lower oil prices. The company will continue to develop its $11-billion ethane cracker project in Louisiana; the project is almost 80% complete.