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ConocoPhillips

Skrugard and Havis confirm Barents Sea potential Statoil and its partners ENI from Italy and Petoro AS (Petoro), the Norway State-owned company, discovered in Skrugard and Havis reserves going far beyond their expectations. Under the license PL 532, Statoil and its partner share working interests in Skrugard and Havis as following:  – Statoil 50% and […]

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$185 million program to boost production by 30% MEG Energy Corp (MEG) from Calgary in Alberta, Canada, announced last July to revise upward its Christina Lake oil field production enhancement program called RISER. Christina Lake is an in situ oil sands field located 150 kilometers south of Fort McMurray in the northeast Alberta. Christina Lake […]

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Statoil’s withdrawal opens door to Gazprom for new partnership with other Majors Since Gazprom, Total and Statoil could not make the final investment decision (FID) in June 30th on Shtokman despite $1.5 billion capital expenditure already spent in the project, some major changes were expected in the project. Statoil‘s decision to withdraw from the project, […]

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Iraq and Chevron Phillips signed a Letter of Intent Iraq and Chevron Phillips Chemical Corp, a joint venture of Chevron Corp and ConocoPhillips, signed a letter of intent to perform a project feasibility study of developing a petrochemical plant in the country. The company would examine building a new facility and upgrading an existing Iraq-owned petrochemicals […]

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Chevron Phillips to build two new Polyethylene units  In April, Chevron Phillips Chemical Co. (Chevron Phillips) confirmed to build two polyethylene facilities in Sweeny facility in Old Ocean, Texas, which is located in Brazoria County. The two polyethylene facilities planned are part of the company’s U.S. Gulf Coast (USGC) Petrochemicals Project. The Woodlands-based chemical company, Chevron […]

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