German China India

News

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...

Oil Market Awaits Trump's Next Move on Iran

Iran/USA: Looming Sanctions

Oil Market Awaits Trump's Next Move on Iran

After global markets for equities, currencies and metals have all been whipsawed by the uncertainty over what President Donald Trump’s next geopolitical move would be, oil is next on the list. read...

Shell's Strategy for Energy Transition

The Netherlands: Lower-Carbon Energy

Shell's Strategy for Energy Transition

Shell has published a report, outlining its strategy for a transition to lower-carbon energy. The Shell Energy Transition Report describes its understanding of the transition and what it means for the company. read...

Praxair Commences Hydrogen Supply to Marathon Petroleum’s Refinery

USA: Industrial Gases

Praxair Commences Hydrogen Supply to Marathon Petroleum’s Refinery

Praxair’s Southeast Louisiana pipeline network is supplying hydrogen and is being used by Marathon Petroleum in an ultra-low-sulfur diesel project. read...

Total Prepares for Electric Transition

France: European Power Market

Total Prepares for Electric Transition

In a step to shift its power business toward cleaner energy, Total SA agreed to buy Paris-based utility Direct Energie, adding 2.6 million electricity and gas customers in France and Belgium. read...

Tellurian Strikes a New Path to Fund LNG Export Terminal

USA: Liquefied Natural Gas Exports

Tellurian Strikes a New Path to Fund LNG Export Terminal

Tellurian is seeking investors to pay a total of $ 12 billion up front to fund the proposed Driftwood LNG export terminal in Louisiana. In return, they get a stake in the project and the ability to buy fuel at cost moving forward, with no markup based on a changing marketplace. read...

Canadian Province's Battle Over Pipeline Could Disrupt Supply to North American West Coast

Canada: Trans Mountain Pipeline

Canadian Province's Battle Over Pipeline Could Disrupt Supply to North American West Coast

Legislation introduced on April 16 would allow oil-rich Alberta to curb the flow of crude and fuel if neighboring British Columbia doesn’t drop its opposition to Kinder Morgan’s Trans Mountain pipeline expansion. The existing pipeline supplies the Vancouver area with as much as 60 % of its refined products. read...

First LNG Shipment from US East Coast

USA: Liquefied Natural Gas

First LNG Shipment from US East Coast

Dominion Energy’s Cove Point terminal in Maryland shipped its first commercial cargo of liquefied natural gas Monday April 16, officially bringing the total number of US exporters of the super-chilled fuel to two. read...

IEA Chief Meets Indian PM and Petroleum and Natural Gas Minister

India: Oil & Gas Meeting

IEA Chief Meets Indian PM and Petroleum and Natural Gas Minister

Dr Fatih Birol, Executive Director of IEA met India’s leaders at the 16th International Energy Forum Ministerial that was held in New Delhi, India. The event debated the future of global energy security. read...

BP Signs MOU with Petrobras

Brazil: Strategic Alliance

BP Signs MOU with Petrobras

Under the terms of the agreement, the alliance will explore potential business opportunities in upstream as well as downstream projects in Brazil and other regions. read...

Emission Control Technology for Carbon Black Industry

USA: Flue Gas Cleaning

Emission Control Technology for Carbon Black Industry

The carbon black producer Orion will use Haldor Topsoe's Snox technology for the flue gas treatment at their facility in Louisiana. The company has conducted in-depth analyses of the Snox process, including investigative site visits to existing Topsoe plants and testing the concept at one of their own manufacturing facilities since 2014. read...