Refinery
The E&P company of choice for all stakeholders by pioneering a new standard of excellence Headquartered in Houston, Texas, ConocoPhillips is present in almost 30 countries. Until listing separately Phillips 66 on May 1st 2012, ConocoPhillips was the third largest integrated energy company in USA and the fifth largest refiner in the world. Since then ConocoPhillips is focusing […]
The world largest publicly traded oil and gas company Based in Irving, near Houston, Texas, USA, Exxon Mobil Corporation (ExxonMobil) is listed in NYSE (XOM) and recognized as the world largest publicly traded international oil and gas company. ExxonMobil holds the largest oil and gas resources among the international oil companies (IOC) with 87 billion […]
Definition Bitumen refers to an oil-based non crystalline solid substance produced naturally or from crude oil refining. Bitumen is mostly composed of highly condensed polycyclic aromatic hydrocarbons. After refining, Bitumen is the more viscous, heaviest and thickest petroleum derivative. Comments Natural bitumen is an unconventional oil, sticky, looking like tar and more viscous than molasses. It must be […]
ORPIC evaluates bids on Sohar Refinery Expansion In April the Oman Oil Refineries & Petroleum Industries Company (ORPIC) had qualified eight engineering companies to receive the Call for Tender of engineering, procurement and construction (EPC) contract for the Sohar Refinery Expansion project. ORPIC is a national oil company (NOC), wholly owned owned by the Oman […]
PDO Saih Rawl, PDO Zauliyah and BP Khazzam and Makarem lead Oman natural gas development Last August, the national oil company (NOC) Petroleum Development Oman LLC (PDO) awarded the Saih Rawl Depletion Compression Phase 2 (SRDC2) project to Larsen & Toubro from India to provide with the engineering, procurement and construction (EPC) contract. Earlier this month, […]
BASF FINA Petrochemicals LP and Sabina Petrochemicals to merge into one joint venture The global chemical leader BASF SE, from Germany, and the international oil company Total SA, from France, have decided to merge the assets of the two joint ventures they have in Port Arthur, Texas, USA, to create a new joint venture called […]
Shell made FID on $2 billion Quest Athabasca CCS project Shell, Chevron and Marathon Oil (Marathon) made the final investment decision (FID) for the Quest CO² Capture Sequestration project through their Athabasca Oil Sands Project joint venture. In order to reduce the carbon footprint of the oil sands exploration and production in the Athabasca Oil […]
Bio-technologies to convert GHG into low carbon fuels The nylon world leader, Invista from Wishita, Kansas, USA, and the bio-technology specialist LanzaTech signed a joint development agreement to convert carbon monoxide waste into butadiene and other chemical feedstocks. The producer of “Lycra” and other famous “Coolmax” fibers, Invista is developing and producing high added value […]
