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SCOP still struggles to increase oil storage capacities in South of Iraq

$2 billion Nasiriyah and Bin Umar Oil Depots delayed The national oil company (NOC) State Company for Oil Projects (SCOP) has announced to postpone the tenders opening ceremony for the $2 billion oil storage depots project planned in the south of Iraq. Since the license rounds in 2009 and 2010 during which Baghdad Government awarded …

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Eni mulls Floating LNG alternative in Mozambique Area 4

Eni to consider FLNG to speed up Mozambique LNG The Italian major company Eni and its partners, China National Petroleum Corporation (CNPC or PetroChina), the local Emprecia Nacional de Hidrocarbonetos (ENH), Kogas from South Korea and Galp Energia from Portugal, are considering to use floating liquefied natural gas (FLNG) vessel to speed up the development …

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RiCoal to build world-scale Coal-To-Olefin complex in Russia

RiCoal selected Rostov for its Petrochemical complex The Russian joint venture RiCoal Chemical Coal Plant (RiCoal) is planning to build a world-scale Coal-to-Olefin and petrochemical complex in Rostov-on-Don in the south of Russia. Estimated to require $2.5 billion capital expenditure, RiCoal selected Rostov-on-Don location because of available coal and natural gas available in the region and …

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