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For 2011, Shell reported $470 billion revenues and $37 billion in free cash flow, well supported by an average price of the barrel over $100 and a shift in the gas market toward countries with higher added value. Today the gas business represents more than 50% of Shell revenues. With a cash flow expected to […]

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 INPEX has established a joint venture with Total, a France-based firm, with the parties holding 76% and 24% shares, respectively. They announced on January 13th 2012 that they have taken the final investment decision for the Ichthys liquefied natural gas (LNG) project in Australia. The project budget jumped by 70%, from US$20 billion dollars to […]

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Saudi Aramco Asia Company Limited (SAAC), a subsidiary of Saudi Aramco, and PT Pertamina (Persero) signed a Memorandum of Understanding to jointly evaluate the economic feasibility to build an integrated refining and petrochemical project in Tuban in East Java, in the Republic of Indonesia. The proposed refinery and petrochemicals project will be designed to process […]

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Last week the North Sea crude quoted in euro exceeded with 93.63 euro a barrel the previous peak of July 2008 at 93.5 euro. We were used to see the barrel price in US dollars on high levels, especially since 2008 with the famous 147 US dollar historical record. But at that time, the economy […]

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 The most advanced solutions to make the Oil & Gas and Petrochemical market easy to win Introduction The  Oil & Gas and Petrochemical market is huge, more than $500 billion capital expenditures (CAPEX) per year. In this context, 2B1st Consulting is mobilizing experts from the Oil & Gas and Petrochemical industry together with communication specialists to provide a comprehensive view of this market and make it easy […]

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More than $500 billion investment drives the Oil & Gas and Petrochemical market in more than 2000 projects all over the World. Each one of these projects may take years to launch execution and involve multiple key players, among the End Users, the Engineering companies, the Manufacturers, the Distributors and Services providers. To help these actors to […]

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We simplify you the Oil & Gas and Petrochemical market conquest  Introduction The  Oil & Gas and Petrochemical market is huge, more than $500 billion capital expenditures (CAPEX) per year. In this context, 2B1st Consulting is mobilizing experts from the Oil & Gas and Petrochemical industry together with communication specialists to provide a comprehensive view of this market and make it easy to win […]

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