oil and gas prices
$45 billion Alaska LNG FERC approval in progress The major companies ExxonMobil from USA, BP from UK, ConocoPhillips from USA and the midstream specialist TranCanada submitted the first drafts of so called Resources Reports as part of the environmental and project designed reports to be filed in for the Federal Energy Regulatory Commission (FERC) approval […]
Shell and Gasco study Bab Sour Gas Development The international oil company (IOC) Royal Dutch Shell plc (Shell) and the Abu Dhabi National Oil Company (ADNOC) subsidiary Abu Dhabi Gas Industries (Gasco) are preparing the front end engineering and design (FEED) work for the non-associated gas Bab Sour Gas Field Development project in the United Arab […]
What are the main reasons for projects cancellation Since the WTI and Brent barrels prices have lost 20 to 25% of their value in a couple of months we assist to a frenzy of publications and speculations on the consequences of this dip on the Oil & Gas and Petrochemical projects that could be cancelled […]
Saudi Aramco revises plans to explore shale gas Since Saudi Arabia is struggling to increase its natural gas production to meet its fast growing demand, the national oil company Saudi Aramco investigate all potential sources of supply, onshore and offshore, conventional and unconventional. The consumption of natural gas in Saudi Arabia is increasing very fast because […]
Definition Unconventional oil and gas refers to the oil and gas resources which cannot be explored, developed and produced by conventional processes just in using the natural pressure of the wells and pumping or compression operations. These unconventional crude oil and natural gas are trapped in the pores of sediments rocks called shale Comments Until the 1990s the […]
