flared gas
World Bank and European Bank for Reconstruction & Development to provide funding to reduce flared gas The World Bank and the European Bank for Reconstruction and Development (EBRD) are calling the oil companies and the producing countries to cut the gas flaring by 30% in the next five years. According to 2011 estimations, about 140 […]
Total to convert Antwerp naphtha cracker to ethane Total announced during investor day, that he will spend $1.5 billion capital expenditure to adapt its Antwerp refinery and petrochemical complex to the market conditions. With a capacity of 350,000 b/d, Antwerp is the second largest refinery in Europe and the largest in Total including: – 348,000 […]
Definition CPF is the acronym of Central Processing Facility. Comments In the industry CPF may refers to any kind of manufacturing process as soon as it belongs to the core of the transformation of the facility. In the Oil and Gas industry, CPF belongs to the upstream activity to described the production unit performing the […]
Definition Associated gas refers to the natural gas found in association with oil within the reservoir. There are also reservoirs that contain only natural gas and no oil, this gas is termed non-associated gas. Comments Raw natural gas comes from three types of wells: oil wells, gas wells, and condensate wells. natural gas that comes from oil wells […]
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 […]
Shell and Mitsubishi to gather gas from Basra oil fields The Iraq Government has given its nod to the natural gas exploration deal signed between Shell from the Netherlands and Japan’s Mitsubishi Corporation (Mitsubishi). The project, which requires capital expenditure of around $17.2 billion, was initially signed in 2008. The joint venture, Basra Gas Company (BGC) is state-controlled […]
