China
Wentworth leads consortium with Cove Energy and Maurel & Prom The Dubai-based Wentworth Resources (Wentworth) is an independent oil and gas company with natural gas production and a committed exploration program in the Rovuma Basin of southern Tanzania and northern Mozambique. Wentworth and its concession partners Cove Energy (Cove) and Maurel & Prom own a gas […]
BASF to build butadiene extraction plant in Antwerp The butadiene is a monomer and used as an important chemical intermediate to produce elastomers and thermoplastics, such as synthetic rubbers, latex, acrylonitrile butadiene styrene copolymer and polyamide. The tire industry is the main consumers of butadiene. Other applications for butadiene include paper chemicals and plastics production. BASF is […]
Definition Methanol is the contraction of Methyl Alcohol. Methanol may also be called, wood alcohol or wood spirit because it can be produced as a by-product of the wood distillation. Methanol is a light, colorless, flammable liquid at room temperature, and contains less carbon and more hydrogen than any other liquid fuel. Comments Methanol occurs naturally […]
Gazprom brings Shtokman back to square one Shtokman field was discovered in 1988, and is located 550 kilometers offshore northern Russian coast by 340 meters water depth. The recoverable reserves are estimated to 3.9 trillion cubic meters of natural gas. The project development is planned in three phases, each one to produce 23.7 billion cubic […]
Fujairah builds the third world biggest oil storage hub The Strait of Hormuz is channelizing 35% of the global oil maritime traffic. In a context of increasing tension with the neighboring Iran, Fujairah in the UAE is developing one of the biggest oil storage and export terminal in the world. The storage capacity of the […]
PetroChina to secure its oil supply chain from Athabasca Fort McMurray to Kitimat, BC Step by step the China National Petroleum Company (CNPC or PetroChina), is putting in place all the pieces of its upstream puzzle from Athabasca, Alberta oil sands fields to Kitimat, BC. In 2011, PetroChina payed $1.9 billion capital expenditure to Athabasca Oil […]
Atum discovery proves Rovuma prolific to Anadarko The Atum natural gas field is located approximately at 16 killometers distance from the previous Golfinho discovery to the Northwest within the Offshore Area 1 of the Rovuma Basin. In the Offshore Area 1 of the Rovuma basin, Anadarko Petroleum Company (Anadarko) and its partners share working interests as: […]
Saudi Aramco and Sumitomo evaluate FEED tenders When Saudi Aramco and Sumitomo had created the joint venture PetroRabigh in 2005, this complex was designed as the biggest integrated refinery and petrochemical complex in the World. With a capacity of 400,000 b/d crude oil PetroRabigh has seen several upgrades and expansions. The Front end engineering and design […]
