downstream
Largest petrochemical company in Russia and CIS The Siberia Urals Petrochemical Company (SIBUR) was established by Decree as a joint-stock company in 1992. SIBUR was formed from multiple entities processing oil, gas and petrochemicals across Russia. In 2001, SIBUR was taken over by Gazprom to resolve debts reorganize the company. In 2008, Gazprom considered the petrochemical […]
Sinopec to take shares in Russia Sibur’s facility On October 2012, China Petroleum and Chemical Corporation (Sinopec) and the Russian company Sibur signed Heads of Agreement to sell to the Chinese company shares of the Krasnoyarsk Synthetic Rubbers Plant JSC (KSRP). Sinopec is the second largest Chinese national oil company after PetroChina (CNPC) and among the Top 10 largest […]
A leading Asian exploration and production company Home based in Bangkok, Thailand, PTT Exploration and Production Public Company Limited (PTTEP) was established in 1985 to provide Thailand with sustainable oil and gas supply in competitive conditions. PTTEP is a national petroleum exploration and production company owned by the state-owned company PTT, but since 1993, PTTEP […]
BG to become first supplier of LNG in China BG Group from UK and China National Offshore Oil Corporation (CNOOC) signed Heads of Agreement (HOA) about the Queensland Curtis Liquefied Natural Gas (QCLNG) project. Both companies were already partnering in the QCLNG project, but with the agreed Heads of Agreement, BG Group and CNOOC manage […]
Harness natural energy resources for human benefit In 1991, the Russian Government published the decree to establish the Langepas Uray Kogalymneft Petroleum Corporation. In 1993, the Langepas Uray Kogalymneft Petroleum Corporation was transformed in open joint stock company under the name of Lukoil Oil Company. Today, Lukoil is listed in London Stock Exchange with the capital dominantly […]
Energy on the move Established in1933 by Leon Hess to truck and deliver oil in New Jersey, Hess Corporation has become today a global independent energy company acting: – Upstream in oil, natural gas and condensate exploration production – Downstream in refining and marketing refined petroleum products and natural gas – Distributing electricity With Headquarter in […]
STAR Refining plans one of largest projects in Turkey Through the joint venture STAR Refining Inc. established in January 2012, the State Oil Company of Azerbaijan Republic (Socar) and Turcas Petroleum AS (Turcas) are developing the $5 billion Aegean Refinery project on the western coast of Turkey on the Aegean Sea. The Socar Turcas Aegean […]
We build the Pemex of the Future Petroleos Mexicanos (Pemex) was established as the Mexican national oil company in 1939 as a result of the Oil Industry Expropriation Presidential Decree. In 1992, the Mexican Federal Government published a new Organic Law to position Pemex and its subsidiaries as a decentralized entity of the Federal Government […]
