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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...

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

05/23/2018 - 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

05/22/2018 - 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...

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

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...

Worley Parsons Awarded GES Contract by Yasref

Saudi Arabia: World-Class Refinery

Worley Parsons Awarded GES Contract by Yasref

Worley Parsons has been awarded a General Engineering Service (GES) contract by Yanbu Aramco Sinopec Refining Company (Yasref) to help optimize the production of its facilities. read...

Exxon Mobil and BASF Sign Gas Treating Cooperation Agreement

USA: Gas Treating

Exxon Mobil and BASF Sign Gas Treating Cooperation Agreement

Exxon Mobil Catalysts and Licensing LLC and BASF have signed an alliance agreement to jointly develop new gas treating solvents and process technologies for use in natural gas processing and petroleum refining. read...

Repsol Completes Scheduled Turnaround at Tarragona Petrochemical Complex

Spain: Inspection and Maintenance

Repsol Completes Scheduled Turnaround at Tarragona Petrochemical Complex

Repsol has allocated more than $ 30.8 million to the turnaround at its Tarragona’s petrochemical complex that began at the end of January. read...

Fluor to Construct ME Global Facility in Freeport

USA: Monoethylene Glycol Manufacturing

Fluor to Construct ME Global Facility in Freeport

ME Global, a wholly-owned subsidiary of Equate Petrochemical Company, awarded Fluor a contract for mechanical construction of its new monoethylene glycol (MEG) manufacturing facility in Freeport, Texas. read...

Technip FMC Awarded Offshore Contract for Phase-2 of Gumusut-Kakap Project

Malaysia: Offshore Engineering

Technip FMC Awarded Offshore Contract for Phase-2 of Gumusut-Kakap Project

Technip FMC has been awarded an Engineering, Procurement, Construction and Installation contract by Sabah Shell Petroleum Company for a subsea project offshore Malaysia read...

Petrofac Wins Second Contract Worth 200 Million Dollars

India: EPC Project

Petrofac Wins Second Contract Worth 200 Million Dollars

Petrofac is expanding into the Indian market and will be undertaking an EPC contract by Hindustan Petroleum Corporation for its Visakh Refinery Modernisation Project in Andhra Pradesh. read...

Shell Sells Stake in Iraq Oil Field for 406 Million Dollars

Iraq: Business Transaction

Shell Sells Stake in Iraq Oil Field for 406 Million Dollars

A subsidiary of Itochu Corporation has purchased 19.6 % stake in the oil field. With this, the Japan-based company will also assume debt of 144 million dollars. read...

Rosneft Completes Drilling of Maiden Exploration and Appraisal Well Offshore Black Sea

Russia: Offshore Drilling

Rosneft Completes Drilling of Maiden Exploration and Appraisal Well Offshore Black Sea

A unique carbonate structure including a fractured reservoir of potential hydrocarbons was discovered while drilling the well. This makes Rosneft confident about discovering large oil and gas fields in the Russian Black Sea waters. read...

Borealis and UCC to Develop World-Scale Polyethylene Project

Kazakhstan: Joint Development Agreement

Borealis and UCC to Develop World-Scale Polyethylene Project

Borealis and United Chemical Company (UCC) have signed a Joint Development Agreement (JDA) for the development of a world-scale polyethylene project, integrated with an ethane cracker, in the Republic of Kazakhstan. read...

Jacobs to Conduct Pre-Feasibility Study for Kuwait Petroleum Corporation

Kuwait: Downstream Projects

Jacobs to Conduct Pre-Feasibility Study for Kuwait Petroleum Corporation

Jacobs Engineering Group has been awarded a contract for a pre-feasibility study, with the option of proceeding to a detailed feasibility study, for Kuwait Petroleum Corporation (KPC) and its subsidiaries. The studies are in support of KPC's strategic directions and downstream long term plans for the period up to 2040. read...

Bechtel Announces 50 Million Dollar Investment in Tellurian

USA: Liquefied Natural Gas

Bechtel Announces 50 Million Dollar Investment in Tellurian

Bechtel has made a $ 50 million investment in Tellurian. The zero coupon preferred equity has an implied Tellurian common share price of $ 8.16 per share. read...

TPC Group to Expand Crude C4 Processing Capacity

Infrastructure Expansion

TPC Group to Expand Crude C4 Processing Capacity

The company has approved the capital programme as part of its long term plan for improving infrastructure. By implementing the plan, the firm expects to grow its C4 volumes at more than 8 per cent per year through 2022. read...