downstream
Dow to increase customer focus and reduce costs Last July, The Dow Chemical Company (Dow) reported 31% tumbled earnings for the second quarter 2012 as the consequence of the global slowdown of the demand and depressed prices on global markets. Less than two months later Dow is publishing its new global organization to restore earnings […]
The E&P company of choice for all stakeholders by pioneering a new standard of excellence Headquartered in Houston, Texas, ConocoPhillips is present in almost 30 countries. Until listing separately Phillips 66 on May 1st 2012, ConocoPhillips was the third largest integrated energy company in USA and the fifth largest refiner in the world. Since then ConocoPhillips is focusing […]
ConocoPhillips to merge Offshore experience and Cascade LNG know-how into its first Floating LNG In 1969 the ConocoPhillips Company (ConocoPhillips) pioneered liquefaction of natural gas (LNG) with its first LNG facility in Kenai LNG, Alaska, USA. Then ConocoPhillips optimized its process with a series of world-scale onshore LNG projects, Atlantic LNG, Egyptian LNG, Darwin LNG, Equatorial LNG and Angola […]
Chevron explores next generation of energy innovation. Based in San Ramon, California,USA, for 130 years, Chevron Corporation (Chevron) is listed in NYSE (CVX) As one of the world’s leading integrated international oil and gas company Chevron conducts business worldwide to: – Explore, produce and transport crude oil and natural gas – Refine, market and distribute transportation fuels and lubricants […]
The world largest publicly traded oil and gas company Based in Irving, near Houston, Texas, USA, Exxon Mobil Corporation (ExxonMobil) is listed in NYSE (XOM) and recognized as the world largest publicly traded international oil and gas company. ExxonMobil holds the largest oil and gas resources among the international oil companies (IOC) with 87 billion […]
Enterprise to proceed with Appalachia-to-Texas pipeline The Houston-based Enterprise Products Partners L.P. (Enterprise) is opening since September 1st a period to offer the opportunity for long term commitments with additional capacity for its Appalachia-to-Texas (ATEX Express) pipeline. Enterprise is a North American midstream leading company providing transportation services for crude oil, refined products, natural gas, […]
BP hits gas in Egypt Nile Delta Block North El Burg BP and International Egyptian Oil Company (IEOC), the local operating company of the Eni Egypt, confirmed two news gas discoveries, Taurt North and Seth South, in its offshore concession of the North El Burg, in the Nile Delta, Egypt. These findings follow 50 years of […]
Definition Bitumen refers to an oil-based non crystalline solid substance produced naturally or from crude oil refining. Bitumen is mostly composed of highly condensed polycyclic aromatic hydrocarbons. After refining, Bitumen is the more viscous, heaviest and thickest petroleum derivative. Comments Natural bitumen is an unconventional oil, sticky, looking like tar and more viscous than molasses. It must be […]
