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Total Collaborates with Novatek for Arctic LNG 2 Project

Russia: Gas Project

Total Collaborates with Novatek for Arctic LNG 2 Project

05/25/2018 - According to the terms of the agreement, Total will acquire a direct working interest of 10 % in the Novatek led giant liquefied natural gas project in Siberia. read...

Faroe Petroleum Bags New Exploration Licence

UK: Oil & Gas Exploration

Faroe Petroleum Bags New Exploration Licence

05/25/2018 - The firm has been awarded a licence of Block 30/14b, which includes the high-impact Edinburgh prospect, under the licence round on the UK Continental Shelf. read...

Osaka Gas Engineering to Provide Consulting Services on Construction of LNG Receiving Terminals

Taiwan: Liquefied Natural Gas

Osaka Gas Engineering to Provide Consulting Services on Construction of LNG Receiving Terminals

05/24/2018 - Osaka Gas Engineering has entered into an agreement to provide consulting services on construction of LNG receiving terminals of CPC Corporation, Taiwan (CPC) and Taiwan Power (TPC) respectively. read...

Total, Borealis and Nova Chemicals Create JV in Pertrochemicals

USA: Polyethylene Production

Total, Borealis and Nova Chemicals Create JV in Pertrochemicals

05/24/2018 - Total Petrochemicals & Refining (TPRI), Borealis and Nova Chemicals announced they have closed a joint venture in petrochemicals on the US Gulf Coast after receiving all required regulatory approvals. read...

Exxon Mobil Issues Measures for Greenhouse Gas Reductions

Regulations

Exxon Mobil Issues Measures for Greenhouse Gas Reductions

05/24/2018 - By 2020, the company’s new measures aim to reduce methane emissions by 15 % and flaring by 25 %. The firm also intends to improve its industry-leading energy efficiency in refining and chemical manufacturing facilities. read...

Articles

Business in the Current Oil Market in Russia

Russia: Oil Market

Business in the Current Oil Market in Russia

10/20/2017 - Report on the current market scenario of the global oil market along with Russia’s recent business deals and projects in the oil and gas sector. read...

NEWS

KBR Bags EPCM Contract from Basra Oil Company for Development of Majnoon Field

Iraq: Engineering and Construction

KBR Bags EPCM Contract from Basra Oil Company for Development of Majnoon Field

The scope of work includes overall project management, multi-discipline engineering support, procurement and construction management services. read...

Carbon Capture and Utilization Concept

Germany: Carbon-2-Chem

Carbon Capture and Utilization Concept

At the Achema, the trade show for the Process industries in Frankfurt am Main, the project Carbon-2-Chem will present its solutions for more climate protection in industry. read...

Air Products Launches World-Scale Industrial Gas Complex in Kochi

India: Industrial Gases

Air Products Launches World-Scale Industrial Gas Complex in Kochi

The Kochi Industrial Gas Complex which has been constructed within BPCL’s Integrated Refinery Expansion Project aims to increase the firm’s refining capacity by nearly two-thirds, from 190,000 to 310,000 barrels per day. read...

Maire Tecnimont Awarded EPC Contract by JG Summit Petrochemical

The Philippines: High Density Polyethylene Unit

Maire Tecnimont Awarded EPC Contract by JG Summit Petrochemical

Maire Tecnimont's subsidiary Tecnimont, through its affiliate Tecnimont Philippines has been awarded in JV with JGC Philippines an EPC Lump Sum contract by JG Summit Petrochemical Corporation (JGSPC), for the implementation of a new High Density Polyethylene unit (HDPE) and the upgrading of an existing Polypropylene unit (PP). The units will be located 120 km south of Manila, in Batangas City, Philippines. read...

Petrofac Wins EPC Contract for BPCL's Kochi Refinery

India: Engineering Services

Petrofac Wins EPC Contract for BPCL's Kochi Refinery

Petrofac has been awarded a lump-sum Engineering, Procurement and Construction (EPC) contract by Bharat Petroleum Corporation (BPCL) valued at aprrox. $ 135 million. read...

Eni Acquires Stake in Two Offshore Oil & Gas Fields

UAE: Oil & Gas Agreements

Eni Acquires Stake in Two Offshore Oil & Gas Fields

With a total participation fee of about 875 million dollars, Eni has acquired a 5 % and 10 % stake in the Lower Zakum offshore oil field and Umm Shaif and Nasr offshore fields respectively. read...

New Plant Uses Biomethane From Wastewater Treatment

France: Wastewater Treatment

New Plant Uses Biomethane From Wastewater Treatment

Suez, through its subsidiary Seramm, started the construction of a biomethane production and injection plant, produced from wastewater treatment process. read...

Chevron Phillips Chemical Starts Operations of New Ethane Cracker

USA: Gulf Coast Petrochemicals Project

Chevron Phillips Chemical Starts Operations of New Ethane Cracker

​Chevron Phillips Chemical has successfully introduced feedstock and commenced operations of a new ethane cracker at its Cedar Bayou facility in Baytown, USA. read...

BASF Launches FCC Butylene Additive for Refineries

Germany: Fluid Catalytic Cracking

BASF Launches FCC Butylene Additive for Refineries

BASF has launched a proprietary new Fluid Catalytic Cracking (FCC) additive designed for butylene selectivity in refineries. The product called Evolve improves butylene yields while preserving unit conversion and valuable fuels yields when compared to existing technologies, the company claims. read...

Exxon Mobil Outlines Growth Plans

USA: Oil and Gas Industry

Exxon Mobil Outlines Growth Plans

Exxon Mobil announced a growth strategy to more than double earnings and cash flow from operations by 2025 at today’s oil prices. Growth plans include steps to increase earnings by more than 100 % — to $ 31 billion by 2025 at 2017 prices — from last year’s adjusted profit of $ 15 billion, which excluded the impact of US tax reform and impairments. read...

Joint Venture Assesses Manufacturing and Sale of Butadiene Derivatives in Thailand

Thailand: Butadiene Derivatives

Joint Venture Assesses Manufacturing and Sale of Butadiene Derivatives in Thailand

Sumitomo, PTT Global Chemical Public Company and Kuraray have been jointly conducting a detailed feasibility study on the production and sale of butadiene derivatives in Thailand. The partners recently concluded a joint venture agreement. read...

Total is Second-Largest Oil Operator in North Sea

Oil Acquisition

Total is Second-Largest Oil Operator in North Sea

The company was able to achieve this feat by recently closing its Maersk Oil acquisition that was signed last year. With this deal, Total is expected to possess an output of 500,000 boe/d by 2020. read...

Zhejiang Petrochemical Purchases 190 Gas Chromatographs from Yokogawa

China: Process Analyser Systems

Zhejiang Petrochemical Purchases 190 Gas Chromatographs from Yokogawa

Yokogawa China has been awarded an order by Zhejiang Petrochemical to supply 190 gas chromatographs for the first phase of a project to construct an integrated refinery and petrochemical production complex at a new industrial site in the Zhoushan archipelago, China. read...