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Houston

Funnel the Right Projects Much discussion has taken place on the current oil price situation where analysts don’t seem to be able to agree on the real root of the problem, nor on the actual forecast of this so-called crisis. But in Chinese language the word “crisis” is translated in the same word as “opportunity”, which […]

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CNOOC to award Liuhua 11-1 TLP FEED contract The state-owned company China National Oil Offshore Corporation (CNOOC) is finalizing the conceptual design for the expansion of the Liuhua 11-1 offshore oil and gas field within the South China Sea. Immediately after hammering the decision of the concepts to be developed, CNOOC will award the corresponding front […]

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Velocys to provide technology to Pinto Ohio GTL project The Houston-based Pinto Energy (Pinto) has selected Ashtabula in the Ohio, USA to build its first unit of series of small scale unit of gas-to-liquids (GTL) transformation. Considering the long standing gap between the natural gas prices and the low sulfur diesel price, Pinto Energy identified the […]

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USA Key Projects and Business Highlights In June 2013, the US energy agency, Energy Information Administration (EIA) updated its estimation of the shale gas reserves in the world and published its first estimations for the shale oil where USA ranks in the Top 5 countries in both cases. According to the 41 countries analyzed by the EIA, […]

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