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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...

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...

Total Purchases Assets worth 300 Million Dollars from Cobalt’s Bankruptcy Sale

USA: Oil and Gas Acquisitions

Total Purchases Assets worth 300 Million Dollars from Cobalt’s Bankruptcy Sale

With these deals, Total has increased its footprint in the Gulf of Mexico and has also become an operator of the North Platte Discovery. read...

Exxon Mobil Restarts LNG Production

Papua New Guinea: Project Operations

Exxon Mobil Restarts LNG Production

Following an earthquake in the region, the company has safely resumed operations at its PNG LNG plant near Port Moresby. read...

Air Liquide Signs Long-Term Supply Contract with Lyondell Basell

USA: Oxygen Supply

Air Liquide Signs Long-Term Supply Contract with Lyondell Basell

Air Liquide announced a new long-term agreement with Lyondell Basell for the supply of oxygen to the new large-scale petrochemical plant which will be constructed in Channelview, Texas. read...

Abu Dhabi Opens Maiden Exploration and Production Bidding Round

UAE: Oil & Gas Licensing

Abu Dhabi Opens Maiden Exploration and Production Bidding Round

One of the world’s largest hydrocarbon super-basins has opened six oil and gas blocks in the region for licensing. The two offshore and four onshore blocks comprise an area of almost 30,000 sq km and the first bid round is expected to conclude this year. read...

BP Announces Development of Ghazeer Gas Field

Oman: Gas Project

BP Announces Development of Ghazeer Gas Field

Post a final investment decision in the second phase of the Khazzan field in Oman, BP will start development of the Ghazeer project. Once complete, both the developments are expected to produce 10.5 trillion cubic feet of gas and around 350 million barrels of condensate. read...

Exxon Mobil Declares 84 % Increase in Gas Resource at P’nyang Field

Papua New Guinea: Gas Exploration

Exxon Mobil Declares 84 % Increase in Gas Resource at P’nyang Field

The size of the gas resource has now increased to 4.36 trillion cubic feet. This scenario supports Exxon Mobil’s plans to expand its operations in Papua New Guinea. read...

Saudi Aramco and Indian Consortium to Develop Mega Refinery and Petrochemicals Complex

India: Downstream Project

Saudi Aramco and Indian Consortium to Develop Mega Refinery and Petrochemicals Complex

Saudi Aramco signed a Memorandum of Understanding (MoU) with “Ratnagiri Refinery and Petrochemicals” (RRPCL), a consortium of Indian oil companies, to jointly develop and build an integrated mega refinery and petrochemicals complex at Ratnagiri, in the state of Maharashtra. read...

Statoil Signs Letter of Intent for Phase 2 of Johan Sverdrup Platform

Norway: Construction of Processing Platform

Statoil Signs Letter of Intent for Phase 2 of Johan Sverdrup Platform

Statoil, on behalf of the Johan Sverdrup partnership, signed a letter of intent with Aibel for the construction of the processing platform topside for phase 2 of the project. A letter of intent for field centre modifications was also issued to a joint venture of Aker Solutions and Kværner. Total value is estimated at more than $ 1.4 billion. read...

Saudi Aramco and Total Sign MoU for Large Petrochemical Complex

Saudi Arabia: Memorandum of Understanding

Saudi Aramco and Total Sign MoU for Large Petrochemical Complex

Saudi Aramco and Total signed a memorandum of understanding to build a giant petrochemical complex in Jubail, Saudi Arabia. The project will represent an investment of around $ 5 billion. read...