refineries

One Day – One Country: Russia

Russia votes for competitive LNG export projects On December 1st 2013, Russia enforced the new regulation to allow Gazprom Russian competitors such as Rosneft and Novatek to export liquefied natural gas (LNG) from Russia. Until then, this export licence was concentrated in the exclusive rights attributed to Gazprom. But the Stokman experience, the legal pursuits of the European Community …

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PTTGC and Pertamina in talk for Indonesia Petrochemical Complex

PTTGC – Pertamina to sign Java Complex joint venture The Thailand-based PTT Global Chemical plc (PTTGC) and the Indonesian national oil company (NOC) Pertamina are in final talks to establish a joint venture to build from greenfield a world-scale petrochemical complex in Java, Indonesia. This process is following up a heads of agreement (HOA) signed …

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Suncor Total Teck at final decision on Canada Oil Sands Project

Suncor to operate Athabasca Fort Hills mining project Suncor Energy (Suncor) from Canada and its partners, Total from France and Teck Resources Ltd (Teck) from Canada, made the final investment decision (FID) to develop Fort Hills oil sands mine project in Athabasca at the northeast of Alberta, Canada. This decision comes in a context where …

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Petronas to invest $61 billion in Malaysia on next five years

Petronas to decide soon on Bintulu LNG Expansion As part of Malaysia oil and gas and petrochemical strategic development program, the national oil company Petronas is to about to decided on the ninth liquefied natural gas (LNG) train project in its Bintulu LNG facility in the Sarawak Province, Malaysia. On January 4th 2013, Petronas announced in …

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M&G to build world largest PET single line in Texas Corpus Christi

M&G to invest $1 billion in PET and PTA plants in USA The Italian company Mossi & Ghisolfi Gruppo (M&G Group) made the final investment decision (FID) for to build a greenfield polyethylene terephthalate (PET) and purified terephthalic acid (PTA) plants in Corpus Christi in Texas, USA. M&G Group is a wholly owned family company with …

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Lukoil in brief

Harness natural energy resources for human benefit In 1991, the Russian Government published the decree to establish the Langepas Uray Kogalymneft Petroleum Corporation. In 1993, the Langepas Uray Kogalymneft Petroleum Corporation was transformed in open joint stock company under the name of Lukoil Oil Company. Today, Lukoil is listed in London Stock Exchange with the capital dominantly …

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Pemex in brief

We build the Pemex of the Future Petroleos Mexicanos (Pemex) was established as the Mexican national oil company in 1939 as a result of the Oil Industry Expropriation Presidential Decree.  In 1992, the Mexican Federal Government published a new Organic Law to position Pemex and its subsidiaries as a decentralized entity of the Federal Government …

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