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Cobalt to join Majors in Angola pre-salt Kwansa Basin With the Cameia discovery, the junior Cobalt International Energy Company Inc. (Cobalt) is joining the major companies BP, Chevron, Eni, ExxonMobil, Galp Energia, Maersk, Petrobras, PetroChina, Statoil and Total in the development of the pre-salt oil and gas reserves lying in the Angola deep offshore Kwanza […]

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Fujian Shenyuan selects Air Liquide for coal gasification End of May 2013, Fujian Shenyuan New Materials Co. Ltd (Fujian Shenyuan) selected Air Liquide to build, own and operate a production unit of industrial gases for its Lianjiang caprolactam project in the Fujian Province, China. Fujian Shenyuan is one of the largest producer of nylon fibers […]

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E.ON to acquire stake in GDF-Suez Austen (ex Jacqui) On May 30th 2013, the German-based E.ON signed an agreement with the French GDF-Suez to take 25% stake in the Austen discovery in the Central UK North Sea. Until then, GDF-Suez was the solely owner of the working interests in Austen. After the transaction, GDF-Suez will hold 75% […]

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Bluegrass Pipeline to feed Gulf Coast Petrochemicals The Oklahoma-based Williams and the Houston-headquartered Boardwalk Pipelines Partners (Boardwalk) signed a letter of intend (LOI) to form a joint venture on building the Bluegrass Pipeline project in USA to connect the Marcellus and Utica giant shale gas fields in the northeast to the petrochemical industry lying along […]

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