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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...

United States, Brazil, Canada and Norway to Lead in Oil Output

Oil Market Scenario

United States, Brazil, Canada and Norway to Lead in Oil Output

IEA reports that despite a few countries taking the lead in oil production, more investments will be required to boost oil output post 2020. read...

Neptune Energy Acquires Engie E&P International

Oil Exploration & Production

Neptune Energy Acquires Engie E&P International

With the completion of the acquisition, Neptune Energy is scheduled to produce 154,000 net barrels of oil equivalent per day in 2017. read...

Aker BP Almost Completes Drilling of Well near Alvheim in North Sea

Oil Exploration

Aker BP Almost Completes Drilling of Well near Alvheim in North Sea

The Frosk exploration well which also includes the Bøyla field is expected to offer 30-60 million barrels of oil equivalents. read...

Hexion Completes Expansion of Proppant Plant

Canada: Resin Coated Proppants

Hexion Completes Expansion of Proppant Plant

The Oilfield Technology Group of Hexion has completed the expansion of its resin coated proppant manufacturing plant in Canada. The proppants are produced to service companies and operators in the oil and gas industry. read...

Essar Oilfields Receives 4 Million Dollar Contract by Gas Authority of India

India: Drilling Agreement

Essar Oilfields Receives 4 Million Dollar Contract by Gas Authority of India

The scope of the agreement includes drilling three firm wells along with two optional wells in Cambay basin, Gujarat. read...

Strategies for a Post-Abundance Future of Petrochemicals

Petrochemicals in 2030

Strategies for a Post-Abundance Future of Petrochemicals

Location has been the key to success in petrochemicals: playing in emerging markets and accessing cheap feedstock. As the industry shifts, companies will have to work harder on core capabilities and strategy, a study published by McKinsey reveals. read...

Noble Energy Signs Agreements with Dolphinus Holdings to Supply Natural Gas

Egypt: Gas Sale Contracts

Noble Energy Signs Agreements with Dolphinus Holdings to Supply Natural Gas

Each of the dual agreements for the Leviathan and Tamar fields are expected to provide total contract quantities of 1.15 trillion cubic feet of natural gas. Natural gas is scheduled to be supplied to customers in Egypt. read...

Exxon Mobil Targets 10,000 Barrels Per Day of Algae Biofuels Production by 2025

USA: Algae Biofuel

Exxon Mobil Targets 10,000 Barrels Per Day of Algae Biofuels Production by 2025

Exxon Mobil and Synthetic Genomics announced a new phase in their joint algae biofuel research program that could lead to the technical ability to produce 10,000 barrels of algae biofuel per day by 2025. read...

Statoil Establishes Integrated Operations Support Centre

Norway: Offshore Digitalisation

Statoil Establishes Integrated Operations Support Centre

Statoil has established an integrated operations support centre and a drilling operations centre in Bergen. The centres will be connected to all Statoil installations on the Norwegian continental shelf (NCS), starting this year. read...

Total Buys Marathon Oil Libya and Acquires Stake in Waha Concessions

Libya: Oil Acquisition

Total Buys Marathon Oil Libya and Acquires Stake in Waha Concessions

The 450 million dollar deal will provide Total with reserves and resources in excess of 500 million barrels of oil. In addition to this, the company will also attain an exploration potential in the Sirte Basin which is under Waha Concessions. read...