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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...

Sabic and Exxon Mobil Create New JV for Gulf Coast Project

USA: Ethane Cracker

Sabic and Exxon Mobil Create New JV for Gulf Coast Project

Sabic and Exxon Mobil have created a new joint venture to advance development of the Gulf Coast Growth Ventures project, a 1.8 million tonne ethane cracker currently planned for construction in San Patricio County, Texas. The facility will also include a monoethylene glycol unit and two polyethylene units. read...

Ube Industries to Build Demonstration Facility for Torrefied Pellets

Japan: Woody Biomass for Coal Plant

Ube Industries to Build Demonstration Facility for Torrefied Pellets

Ube Industries has developed torrefied pellets carbonized from woody biomass, for use in coal-fired power plants as a co-firing ratio of 10 % or more (calorie basis). The torrefied pellets will facilitate the use of woody biomass as a renewable energy source. read...

Joint Exploration and Development of Caspian Oil Field

Azerbaijan: Production Sharing Agreement

Joint Exploration and Development of Caspian Oil Field

Socar and BP today signed a new production sharing agreement (PSA) for the joint exploration and development of Block D230 in the North Absheron basin in the Azerbaijan sector of the Caspian Sea. read...

Meridian Sings Feed Contract for Proposed Oil Refinery

USA: Front-End Engineering and Design

Meridian Sings Feed Contract for Proposed Oil Refinery

Meridian Energy has awarded a front-end engineering and design study for the proposed 27,500 bpd refinery in North Dakota. read...

Laying of Norway’s Largest and Longest Oil Pipeline in Progress

Norway: Oil Channel

Laying of Norway’s Largest and Longest Oil Pipeline in Progress

The work of connecting the pipeline to the Johan Sverdrup field began outside Mongstad, north of Bergen. read...

Saudi Aramco Appoints New Members to its Board of Directors

Saudi Arabia: Management Changes

Saudi Aramco Appoints New Members to its Board of Directors

Five fresh members from numerous globally competitive companies been appointed as the major oil firm’s Board of Directors. read...

Exxon Mobil to Buy Indonesia’s Largest Motorcycle Lubricant Manufacturer, Marketer

Indonesia: Acquisition

Exxon Mobil to Buy Indonesia’s Largest Motorcycle Lubricant Manufacturer, Marketer

The purchase includes the acquisition of the Federal Oil brand along with a 700,000 barrel per year blending plant in the region’s Cilegon. The aim of the acquisition is to accelerate the company’s growth in the Asia Pacific area. read...

Fluor JV Awarded Contract for Kitimat LNG Project

Canada: Liquefied Natural Gas

Fluor JV Awarded Contract for Kitimat LNG Project

Fluor announced that its joint venture partnership with JGC was selected as the engineering, procurement and construction contractor for LNG Canada’s proposed liquefied natural gas (LNG) export facility in Kitimat, British Columbia. read...

Albemarle and Dupont to Collaborate in Hydroprocessing

USA: Catalyst Manufacturing

Albemarle and Dupont to Collaborate in Hydroprocessing

Speciality chemicals producer Albemarle announced that it is the primary hydroprocessing catalyst manufacturer for the Dupont Iso Therming hydroprocessing technology. read...

Shell Announces Investment in Deep-Water Development

USA: Offshore Project

Shell Announces Investment in Deep-Water Development

Shell Offshore announced the final investment decision for Vito, a deep-water development in the US Gulf of Mexico. This decision sets in motion the construction and fabrication of a new, simplified host design and subsea infrastructure. read...