Russia
Shell – Estonian Eesti Energia – Karak International Oil to explore and develop Jordan oil shale resources The Jordan Oil Shale Company (JOSCO), a wholly owned Shell subsidiary, the Estonia company Eesti Energia (Enefit) and Karak International Oil (Karak) from the UK–based Jordan Energy and Mining Ltd, are now moving from the exploration phases of […]
Gazprom accelerates its export LNG terminal projects After the expansion of the Sakhalin-2 LNG project and the future Vladivostok LNG project on the east coast, the Russian gas leader Gazprom is looking west and investigating solutions to substitute the challenging Shtokman project in reviving the old Baltic LNG project on the Gulf of Finland. Among all the […]
Cyprus selected Vassilikos to locate three LNG Trains The French major company, Total, is reported to have signed a memorandum of understanding (MOU) with the newly formed Cyprus National Hydrocarbons Company (CNHC) on the second liquefied natural gas (LNG) train of the Cyprus LNG project. Through this agreement Total is joining Noble Energy (Noble) from Houston, […]
Rosneft and ExxonMobil to export LNG from Russia During a visit in April on the Sakhalin-1 facilities, Rosneft Chief Executive Officer Victor Sechin announced his intention to export liquefied natural gas (LNG) from Russia in joint venture with his partner ExxonMobil in Sakhalin-1 on the far east of Russia. Mr Sechin indicated that this Russia […]
Rosneft and Mitsui signed MOU for Nakhodka complex During the visit of Prime Minister of Japan Shinzo Abe to Russian President Vladimir Putin on April 29th, 2013, the Russian oil and gas and petrochemical giant OJSC NK ROSNEFT (Rosneft) and the Japanese conglomerate Mitsui & Co., Ltd (Mitsui) inked a memorandum of understanding (MOU) to develop […]
Ineos-UOP to provide MTO technology license The Chinese Jiangsu Sailboat Petrochemical Company Ltd (JSPCL) selected the Ineos and Honeywell’s UOP technology for its world-scale methanol-to olefin (MTO) project planned at Lianyungang, in the north of the eastern province of Jiangsu in China. JSPCL belongs to the large Jiangsu Shenghong Group, listed among the top 500 Chinese […]
ExxonMobil, Woodside, Statoil ready to board on FLNG Earlier this month, ExxonMobil and its partner BHP Billiton (BHP) unveiled their project to introduce their first floating liquefied natural gas (FLNG) vessel as the remedy to stop the costs inflation of its Scarborough natural project offshore Australia. A week later, the Australian company Woodside Petroleum (Woodside) […]
RiCoal selected Rostov for its Petrochemical complex The Russian joint venture RiCoal Chemical Coal Plant (RiCoal) is planning to build a world-scale Coal-to-Olefin and petrochemical complex in Rostov-on-Don in the south of Russia. Estimated to require $2.5 billion capital expenditure, RiCoal selected Rostov-on-Don location because of available coal and natural gas available in the region and […]
