Tags
General header

Oil & Gas

Odebrecht, Petrobras & Braskem to lead Camisea gas field development Brazil has come forward with cash injections aimed at bringing the gas into the international markets and help Peru’s Petrochemical sector development. Odebrecht will lead a consortium of three Brazilian firms plans to spend up to $5 billion capital expenditure instead of the previous $3 billion  in the perspective of higher potential for Peru’s […]

admin
Reading: 3 min
Read more

Definition “CBM” is the acronym of CoalBed Methane. CBM is a form of natural gas found along with coal seams underground. It is also called as Sweet gas because of lack of hydrogen sulphide in it Comments In a natural gas reservoir, gas is compressed by the pressure in the formation.  Expansion of the gas provides […]

admin
Reading: 3 min
Read more

$4 billion for first Brunei Refinery & Aromatics complex Zhejiang Hengyi Petrochemicals co.ltd (Zhejiang Hengyi) is the largest polyester fibers manufacturer in China. Founded in 1994 it is a privately owned company. Zhejiang Hengyi is planning to build an integrated refinery and petrochemical complex at Pulau Muara Besar in Brunei Darussalam with  the country’s first aromatics production facilities, the chemical-fibers production units. […]

admin
Reading: 3 min
Read more

Tsusho takes 32.5% of Encana’s Coalbed Methane Toyota Tsusho Corporation (Tsusho) has reached an agreement with Encana Corporation (Encana), Canada‘s largest natural gas producer, to acquire a 32.5% interest in a coalbed methane (CBM) project. Tsusho will pay C$602 million to acquire the interest and in capital expenditure over the coming seven years. Tsusho has […]

admin
Reading: 3 min
Read more

UOP provides Propane Dehydrogenation Technology Zhangjiagang Yangzi River Petrochemical Co. Ltd is a joint venture between:  – New Oriental Energy Co.,  – Huachang Chemical Co.  – Feixang Chemical Co (a Rhodia‘s subsidiary). Zhangjiagang  is located in the Jiangsu province, China, which is about 110 km from Shanghai. This large scale project is to meet the growing demand in […]

admin
Reading: 3 min
Read more

Framo Engineering is now part of Schlumberger to create a subsea process and boosting system capable of meeting the demands of the subsea environment and changing flow conditions over the life of a field. The Gullfaks Field is located in the central part of the East Shetland Basin in the Northern Norwegian North Sea and […]

admin
Reading: 3 min
Read more

Definition “JCC” is the acronym of Japanese Crude Cocktail or more formally Japan Customs-cleared Crude. This Japanese Crude Cocktail results from a basket of the most traded crude oils to be used as the reference price for long-term supply LNG Contracts. Japan created the JCC Contracts  after the first oil shock, in the early 1970s, to secure its first […]

admin
Reading: 3 min
Read more

Sabine Pass LNG Terminal opens overseas export to Shale gas production Originally planned to be a LNG  Import Terminal the Sabine Pass LNG project in Lousianna,USA, had been left in stand by for a while, until the Shale gas industry managed to put the domestic gas prices down below $4 per mmBTU with a great […]

admin
Reading: 3 min
Read more

Stay up to date!

Susbcribe to our newsletter for weekly updates about energy projects

We promise we’ll never spam! Take a look at our Privacy Policy for more info.