Insights

Canada Key Projects and Business Highlights 2014 The more TransCanada Keystone XL Pipeline project is running far from any decision in the USA, the more the Canadian projects are gearing up under the impulsion of international oil companies (IOCs) such as Japan Petroleum and Exploration Corporation Ltd (Japex),  Kinder Morgan Inc., Shell, Suncor, Total, and national […]

Australia Key Projects and Business Highlights Since 2013, Australia suffered from hard messages when series of oil and gas companies no less than Apache, BG Group (BG), BHP Billiton (BHP), Chevron, ExxonMobil, Inpex, PetroChina (CNPC), Shell or Total sent warning announcements regarding the spiraling costs of their projects with the immediate consequence to freeze all […]

Oman Oil Musandam IPP to replace diesel powergen The wholly state-owned Oman Oil Company (Oman Oil or OOC) and its partner LG International Corporation  (LG) from South Korea made the final investment decision for their joint venture Musandam Power Company (MPC) independent power plant (IPP) to be built at Tibat-Wilayat Bukha in the Musandam Governorate […]

Gasum to build – operate Finngulf LNG Import Terminal The Finnish midstream company Gasum Oy (Gasum) will build and operate the Finngulf LNG Terminal project in order to import, store liquefied natural gas (LNG) in Finland in connection with the neighboring Estonia on the Gulf of Finland in the Baltic Sea. Since 1860 Gasum is importing […]

Chevron validated chemical EOR to maintain Captain The Californian San Ramon-based international oil company (IOC) Chevron Corporation (Chevron) and its partner Dana Petroleum (Dana), a Korean National Oil Company‘s subsidiary, have validated the conclusions of the pilot study to test the performances of the chemical injection as the preferred enhanced oil recovery techniques (EOR) to maintain the production […]

Noble and Union Fenosa Gas signed Tamar gas supply The Texas-based companies Noble Energy (Noble) and Isramco Negev and their Israeli partners Delek Drilling, Avner Oil Exploration (Avner) and Dor Gas Exploration ( Dor Gas) signed a non-bidding letter of intend (LOI) with Union Fenosa Gas SA (UFG), the joint venture between Gas Natural from […]

Cronus to produce ammonia – urea in Tuscola – Illinois The Chicago-registered company Cronus Chemicals LLC (Cronus) has selected Tuscola in the State of Illinois to build a greenfield nitrogen fertilizer plant to produce ammonia and urea in USA. USA is the third largest consuming country of fertilizer in the world after China and India as […]

BC approved Lelu Island LNG trains and PRGT pipeline British Columbia Province Authorities have approved Petronas Pacific Northwest liquefied natural gas (PNW LNG) export terminal project and its related TransCanada Prince Rupert Gas Transmission (PRGT) pipeline project on the Canada west coast. The joint venture Progress Energy Canada Ltd (Progress Energy) and its stakeholders, the national […]

Premier and Rockhopper to switch from TLP to FPSO The UK-based junior companies Premier Oil plc (Premier Oil) and Rockhopper Exploration plc (Rockhopper) are changing their strategy to develop the Sea Lion oil and gas project located offshore the Falklands Islands in the contested zone of the South Atlantic Ocean. Discovered in 1998, the Sea […]

YPFB completed Tarija Ethylene – Polyethylene FEED The wholly state-owned oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) is making good progress on its largest petrochemical complex after completing the front end engineering and design (FEED) work for the ethylene and polyethylene units to be built in the Gran Chaco Province within the southern Bolivia Department of […]