Insights

Ineos to feed Grangemouth with Scotland shale gas Introducing itself as “THE WORD FOR CHEMICALS”, the Swiss-based company Ineos is maneuvering a strategic breakthrough in planning $1 billion capital expenditure in UK shale gas to feed its petrochemical complex in Grangemouth, Scotland. Acquired from BP willing to focus on upstream activities, the Ineos Grangemouth refining and petrochemical complex occupies […]

Total Qatar Al Khalij Phase-4 to optimize oil production The French major Total SA (Total) and its local partner the national oil company (NOC) Qatar Petroleum (QP) are working on the Al Khalij Phase-4 project in considering the optimization along the next decades of the Al Khalij oil field exploration and production offshore Qatar in […]

PetroVietnam to boost Long Son Refinery project The national oil company (NOC) Vietnam Oil and Gas Group (PetroVietnam) has bought stake from its sister State-owned company Vietnam National Chemical Group (Vinachem) in order to boost the development of the Long Son Refinery project in the Vung Tau Province of southern Vietnam in partnership with the […]

Total to develop West Shetland Tormore Oil Rim project The French international oil company (IOC) Total SA (Total) and its partner DONG Energy A/S (DONG) from Denmark are considering to develop the crude oil field discovered in rim of the Laggan-Tormore gas fields offshore West Shetland in the UK North Sea. Through its Laggan-Tormore gas field […]

Takamul to call for tender Sohar PTA and PET projects The joint venture Oman International Petrochemical Industry Company (OIPIC) between the State-owned companies Takamul Investment Company (Takamul), Oman Oil Company (OOC) and the South Korean LG Corporation (LG) is preparing the call for tender to invite engineering companies to bid for the engineering, procurement and […]

Gazprom to upgrade NIS Pancevo refinery The Russian giant JSC Gazprom Neft (Gazprom) is planning to upgrade the Naftna Industria Srbije (NIS) refinery located in Pancevo on the east of Belgrade, Serbia. The NIS refinery results from a joint venture between Gazprom, the Republic of Serbia (Serbia) and minority stakeholders share the working interests such […]

Narrabri CBM to supply New South Wales gas market On November 2014, the Adelaide-based independent oil and gas company Santos Ltd (Santos) and its partner EnergyAustralia ltd submitted an Environment Protection and Biodiversity Conservation (EPBC) referral to the Commonwealth Government for the environmental assessment of its Narrabri coal bed methane (CBM) project in the New South Wales (NSW) Gunnedah […]

New Mozambique President to guide projects decisions The Italian major company Eni Spa (Eni) and the Houston-based independent company Anadarko Petroleum Corporation (Anadarko) are now expecting from the Presidential elections to speed up the publication of the regulation to guide their final investment decisions (FID) on their respective Mozambique liquefied natural gas (LNG) projects. Since […]

Westlake to expand Louisiana Lake Charles Ethylene While Westlake Chemical Corporation (Westlake) was celebrating the completion of its expansion in Calvert City, Kentucky, the Houston-based company announced a new project with the expansion of its historical Lake Charles ethylene plant in Louisiana, USA. Originally established in 1986 in Louisiana with a low density polyethylene plant […]

BP to go for FEED on Indonesia Tangguh LNG Train-3 The UK-based major company BP and its partners China National Offshore Oil Corporation Muturi Ltd (CNOOC), Mitsubishi–Inpex Berau BV (Mitsubishi–Inpex), Nippon Oil Exploration Berau Ltd ( Nippon Oil), KG Berau Petroleum Ltd (KG Berau) in joint venture with KG Wiriagar Petroleum Ltd (KG Wiriagar), Indonesia […]