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Solvay and Sibur to produce oil field process chemicals The Russian petrochemical company SIBUR and the Belgium chemical group Solvay signed Heads of agreement in London to produce jointly surfactants and oil field process chemicals. According to the agreement, SIBUR and Solvay Novecare will create a 50/50 joint venture called RusPAV. The joint venture RusPAV should […]

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A world leader in natural gas In August 1986, The UK Government established and enlisted in London Stock Exchange British Gas Plc by the privatization of the British Gas Corporation and transfer of the corresponding assets. After spinning off the non strategic activities, Centrica plc. and what is renamed today National Grid plc, British Gas became BG […]

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Energy on the move Established in1933 by Leon Hess to truck and deliver oil in New Jersey, Hess Corporation has become today a global independent energy company acting:  – Upstream in oil, natural gas and condensate exploration production  – Downstream in refining and marketing refined petroleum products and natural gas  – Distributing electricity With Headquarter in […]

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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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Pemex to import natural gas from Eagle Ford shale field The Mexican national oil company Petroleos Mexicanos (Pemex), through its international gas trading division MexGas International (MGI), is pursuing several pipelines projects to import natural gas from USA. In Mexico as in other countries, the price of the natural gas is a key driver of the performances […]

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Technip signs FEED contract for Dow Texas Operations October 2012, The Dow Chemical Company (Dow) selected Technip from France for the front end engineering and design (FEED) of its world scale ethylene project on the Gulf Coast, Texas, USA. Dow is the world largest manufacturer of olefin and polyolefin products. Based on ethylene cracking, the production costs are directly related […]

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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 […]

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