China
Mozambique Key Projects and Business Highlights In 2012 Mozambique has emerged as a new star in the oil and gas universe with series of major discoveries in the Rovuma Basin, offshore the west coast of Africa. Every month, companies like Anadarko, Eni, Total, Mitsui E&P were announcing successful test wells of natural gas. All the […]
Australia Key Project and Business Highlights In 2012, Australia popped up as center of universe for the liquefied natural gas (LNG) industry with the number of LNG projects pilling up, the costs of these projects spiraling up by 80%, the new discoveries leading to strategic changes. With a second wave of LNG projects representing $156 billion capital […]
2B1st Christmas blog: One day – One Country For nearly one year we propose you every day information about the projects, the companies and news related to the oil and gas and petrochemical industry somewhere in the world. We select the topics sometimes because of their immediate interest for the daily business, sometimes as they illustrate long term […]
CNPC to take $2.2 billion stake in Encana Duvernay The China National Petroleum Company (CNPC or PetroChina) speeds up acquisitions of interests in Canada with the $2.2 billion offered to the local Encana for stake in the Duvernay oil sand project. According to the deal reached between the parties, PetroChina will take, through its wholly-owned subsidiary […]
Leading North American energy producer Born in 2002 in Calgary, Alberta, from the merger between PanCanadian Energy Corporation (PanCanadian Energy) and Alberta Energy Company Ltd (Alberta Energy), Encana is operating in oil and gas exploration and production in North America. Headquartered in Calgary, Encana is listed in Toronto and New York Stock exchanges. Created in the 1880s […]
CNPC to pay BHP $1.6 billion for 10% of Browse LNG The super giant China National Petroleum Corporation (CNPC or PetroChina) is to acquire the 10% stakes held by BHP Billiton in the $40 billion capital expenditure Browse LNG project. In practice the transaction is based on PetroChina to pay $1.6 billion to BHP Billiton for: – […]
Energizing Chemistry Lanxess AG (Lanxess) is a young company founded in 2005 with 150 years of history in the chemical industry as the result of Bayer strategic spin off of plastics and synthetic rubber assets. Still home-based with Bayer in Leverkusen, Germany, will relocate headquarters next door in Cologne, in 2013. Lanxess is covering 31 […]
China National Offshore Oil Corporation The China National Offshore Oil Corporation (CNOOC) is the Chinese third largest oil and gas company in China after PetroChina (CNPC) and Sinopec. Based in Hong Kong, CNOOC was established in 1999 to develop the offshore resources in complement of PetroChina focusing on the onshore exploration and production and Sinopec […]
