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National Oil Company

GDF-Suez to build and operate Uruguay LNG Terminal Gas Sayago, the joint venture between the  national oil company (NOC) Administracion Nacional de Combustibles, Alcohols y Portland (ANCAP) from Uruguay and the national power utility Administracion Nacional de Usinas y Trasmisiones Electricas (UTE), awarded its Montevideo liquefied natural Gas (LNG) receiver terminal project to energy group GDF-Suez […]

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CNPC to join Petroecuador in Ecuador Refinery project The giant China National Petroleum Company (CNPC or PetroChina) is currently in discussion with the national oil companies (NOCs) Petroecuador and Petroleos de Venezuela SA (PDVSA) to take a stake in the Ecuador Refineria del Pacifico project. With a production of 500,000 barrels per day (b/d), Ecuador […]

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Dangote to invest $8 billion in new Nigeria refinery The Nigerian billionaire Aliko Dangote announced its project to build a greenfield new refinery in Nigeria in order to compensate current imports. Nigeria is the largest crude oil producer in Africa but is also one of the largest importer of fuels despite the largest installed base […]

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Saudi Arabia to work on Red Sea LNG Terminal Project The national oil company Saudi Aramco is considering again to build liquefied natural gas (LNG) import terminal on the Red Sea. In the previous years, the Kingdom of Saudi Arabia has already pushed and shelved this Red Sea LNG import terminal project. This stop-and-go attitude […]

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