Insights

Jiutai selects KBR for Ordos MTO recovery project Jiutai Energy Group (Jiutai) selected KBR‘s technology for a methanol-to-olefins (MTO) recovery project in Ordos, in Inner Mongolia Province, China. State owned company based in Luozhuang Industry Park of Linyi High-Tech Industry Development Zone in southern Shandong Province, eastern China, Jiutai was established in 2002 to lead […]

Develop ideas to market readiness as quick as possible Evonik Industries (Evonik) was established under this brand in 2007 in Essen, Germany, after the consolidation of multiple companies having their respective chemical specialties under the lead of RAG-Beteiligungs-AG. Evonik is owned by the German RAG-Stiftung  for 74.99%percent and the funds company CVC Capital Partners for […]

Evonik to build first large scale eco-friendly MMA plant Evonik Industries AG (Evonik) selected Mobile, in Alabama, USA, to build the first large scale production unit of Methyl Methacrylate (MMA) using its Aveneer® technology. Formally established under the Evonik Industries brand in 2007, Evonik results from the consolidation of several famous brands of the German […]

YPF and Chevron signed MOU in unconventionals YPF SA (YPF) the Argentina’s national oil company and the international oil company Chevron Corporation (Chevron) signed a memorandum of understanding to explore and develop the local unconventional resources in oil and gas. According to the US Energy Information Administration (EIA) Argentina is the largest producer of natural gas […]

Commit to rejuvenate mature fields and develop massively unconventional resources Headquartered in the Buenos Aires, YPF CORPORATION SA (YPF), is listed in Buenos Aires and NYSE as the largest energy company in Argentina. Established as a national sense, professional, competitive, integrated from the wellhead to the consumer, YPF is operating as the national oil companies (NOCs) in the various […]

Braskem Idesa awards petrochemicals EPC contract Braskem Idesa S.A.P.I. (Braskem Idesa) awarded the engineering, procurement and construction (EPC) contract to Technip-Odebrecht-ICA Fluor for the Veracruz  Ethylene XXI petrochemical complex in Mexico. Braskem Idesa is a joint venture between the Brazilian chemical company Braskem and Grupo Idesa with working interest are shared:  – Braskem 65% is […]

Genel Energy to benefit from dispute resolution In November 2011, the Turkish company Genel Energy International Ltd merged with Vallares PLC to become the largest oil and gas company operating in the Kurdistan region of Iraq. Renamed Genel Energy, the new company enlisted the London Stock Exchange (GENL). For both companies the purpose of this […]

Committed to one thing above all: Excellence Qatar Petroleum (QP) was established in 1974 as wholly state-owned corporation. As a national oil company (NOC), QP is fully upstream–downstream integrated in order to manage all the phases of the oil and gas industry in Qatar. In that respect Qatar Petroleum directly or through its subsidiaries and joint […]

QP to double and upgrade Ras Laffan Refinery Qatar Petroleum (QP) and its partners, ExxonMobil, Total, Cosmo Oil Company (Cosmo), Idemitsu Kosan Company (Idemitsu), Mitsui & Company (Mitsui) and Marubeni Corporation (Marubeni) are moving on the Ras Laffan Refinery expansion project, also called Ras Laffan Refinery phase 2. Decided in 2003 and commissioned in 2009 […]

Sudan and South Sudan to resume oil export South Sudan holds 75% of the oil reserves lying in the previously unified Sudan, but South Sudan needs to use Sudan refineries and pipelines to export it.  When created in created in July 2011 from the scission with the northern part of Sudan, the oil produced in South Sudan continued to be carried out to Port Sudan […]