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Third largest US oil and gas company by equity Home based in Los Angeles, California, USA, Occidental Petroleum Corporation (Oxy) is listed in New York Stock Exchange since 1964 and is operating as an international oil company. With more than 40,000 employees, Oxy focuses its oil and gas operations in three core regions of the world: […]
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 […]
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 […]
Mozambique to join Qatar and Australia LNG exporters Anadarko Petroleum Corporation (Anadarko) and its partners Mitsui E&P, BPRL Ventures Mozambiques, Videocon Mozambique, PTTEP after acquiring Cove Energy, and Emprecia Nacional de Hidrocarbonetos (ENH), may propel Mozambique among the largest LNG exporting countries with Qatar and Australia with their Mozambique LNG project. With estimated $15 billion capital expenditure, Anadarko LNG project may […]
Gazprom pursues the strategic objective of establishing itself as a leader among global energy companies Home based in Russia, Gazprom is 50,002% state owned company, thus operating as a national oil and gas company. The other 50% shares are traded in Moscow, London, Berlin and Frankfurt stock exchanges in the form of American Depositary Receipts. On this floating […]
BP submitted plan for $12 billion Tangguh expansion In August 2012, BP and its partners MI Berau B.V., CNOOC Ltd , Nippon Oil Exploration (Berau) Ltd, KG Berau/KG Wiriagar, LNG Japan Corporation and Talisman Energy submitted their plan for the Tangguh LNG expansion project to the Indonesian Authorities. BP is planning to add a third train […]
Definition EOR is the acronym of enhanced oil recovery and refers to all the ultimate technologies to compensate the natural depletion of the oil and gas fields Comments In developing a new oil and gas field, the natural pressure of the reservoir is at its maximum. For the oil fields, this natural pressure combined with […]
Woodside in talks with ExxonMobil, BHP and Hess Earlier this year, Woodside Petroleum (Woodside) and its partners Tokyo Gas Pluto Pty ltd (Tokyo gas) and Kansai Electric Power Australia Pty Ltd (Kansai Electric) started up operations of the Pluto LNG project. Tokyo Gas and Kansai Electric are in the same time the purchasers of Pluto gas […]
