Today the Marcellus Shale gas field in USA is considered with its 500 trillion cuf gas reserves as the second biggest gas field in the World after… the North field in Offshore Qatar. Many companies are operating in this field covering the states of New York, Pennsylvania, Ohio and West Virginia, USA. Among the key […]
Range Resources Marcellus Shale Gas Project in Pennsylvania, USA Read More »
By the end of March, Kinder Morgan Canada should decide the expansion of the Trans Mountain pipeline system. The commercial conditions of operations are now in progress enough to allow the completion of the design and planning of the entire system for an estimated cost around $3.8 billion. This expansion will increase the capacity of
Canadian Trans Mountain pipeline to be decided soon Read More »
“Downstream” covers all the chain of transformations of the oil or gas after the transportation (Midstream). It begins with the refining and it continues with all the cracking operations of the petrochemical industry to produce all the chain of chemical products (Ethylene, Polyethylene, Propylene, Polypropylene, etc…) Comments: By comparison with the “Upstream” (Exploration & Production)
Petronas Chemical Group (PCG) is planning to build a US$20 billion RAPID (Refinery and Petrochemicals Integrated Development) plant in Pengerang, Johor, Malaysia, which borders Singapore, — the largest oil trading hub in Asia. The project is key for grabbing a larger share in the $395 billion global market for specialty chemicals — high value raw materials used in
Petronas and Basf have taken the next steps in the development of the previously announced RM4 billion investment that will expand their partnership in Malaysia, involving projects at their existing venture in Kuantan and at a new site within Petronas’ proposed Refinery & Petrochemical Integrated Development (RAPID) complex in Pengerang, Johor. These projects are to be
Petronas and Basf move ahead with expansion of partnership in Malaysia Read More »
Definition: In the Oil & Gas and Petrochemical sector, “Midstream” refers to all the phase of transportation from the production locations to the transformation locations. Typically, by “Midstream” we should understand pipelines, vessels and all types of carriers such as trains or trucks. With the evolution of the gas to wire technology (GTW) we should
The $13 billion Keystone project is an entire network of pipelines connecting the key sources of supply from Alberta, Canada, in North end, and Gulf of Mexico, USA, in South end, to the main storage, trading and refining locations of Cushing, Oklahoma, USA, of Port Arthur, Texas, USA, and of Wood River & Patoka, USA.
TransCanada Keystone pipeline expansion between Canada and USA Read More »
While the oil and gas production came down in 2011 by 18% to 1.8 million boe, the companies keep high ambition in the North Sea. In its 2012 survey, Oil & Gas UK collected input from the operators and estimated that the capital pending in the North Sea should reach a record high level to
North Sea record high capital spending planned in 2012 Read More »
Definition: “Upstream” refers to the flow of oil or gas coming up from the reservoir to the surface. By extension “Upstream” has been adopted by the Oil & Gas industry to nominate all activities to pump up the oil and gas. It starts from the exploration to find new reserves onshore or offshore, covers all
In the Bohai bay of the Liaoning Province, in the northeast of China, the China National Offshore Oil Corporation (CNOOC), started production of very heavy crude oil from the Suizhong 36-1 offshore field in 1993. The second phase came on stream in year 2000. Now CNOOC announced to proceed to a revamping of the existing
CNOOC Bohai Bay revamping and extension project in China Read More »
