shale gas
ExxonMobil steps in liquids-rich Montney shale acreage October 2012, ExxonMobil announced to acquire the Canadian company Celtic Exploration (Celtic) for the amount of $3.15 billion. ExxonMobil has already a strong presence in Canada since the 1940s in beginning with offshore exploration and production in Nova Scotia with the Sable project and in Newfoundland with Hibernia project. […]
In Business to Deliver Headquartered in Calgary, Alberta, Canada, and listed at the Toronto Stock Exchange and NYSE, TransCanada is a leader in energy infrastructures in North America. With more than 60 years of experience and 4,200 employees, TransCanada is active in two types of business, pipelines and energy. In midstream activities, TransCanada builds its […]
Majors work on alternatives to export North Slope gas In October 2012, the major companies operating in Alaska, ExxonMobil, ConocoPhillips, BP and TransCanada submitted to the Alaska administration their first report for an Alaska liquefied natural gas (LNG) export project. Estimated to cost $45 billion to $65 billion capital expenditure, Alaska LNG should be one of […]
Non-end drive to USA paves Enbridge way to Asia With the cancellation of the $16.2 billion Mackenzie Valley pipeline project, Canada integrates the new situation created in the USA with the exponential development of the shale gas these last years. Proposed in the 1970s and finally approved by the Canada’s National Energy Board (NEB), the […]
BP and Shell explore successfully Nile Delta and Western Desert to secure oil and gas supply Then major international oil companies such as BP and Shell decided to extend their exploration and production programs in Egypt in order to secure a long term and sustainable supply in oil and gas to any downstream scheme. After […]
Saudi Aramco chases natural gas onshore and offshore Saudi Arabia consumes 3 million barrels per day of crude oil for domestic consumption that could be substituted by natural gas. In the same time, Saudi Arabia holds 282.6 trillion scf of natural gas.reserves, ranking in the fourth position in the world. When Saudi Aramco decided to […]
Energize – Harmonize – Realize The national oil company PetroChina Company Limited (PetroChina) was established on November 1995, by the Chinese Government from the major restructuring of the oil and gas sector in China and of its national company at that time, China National Petroleum Corporation (CNPC). In this operation the Chinese Government keeps holding 100% […]
Canacol, ExxonMobil, Nexen, Shell lead exploration The national oil company Ecopetrol invites international oil companies such as Canacol, ExxonMobil, Nexen, Shell for partnership to explore and develop shale gas in Colombia. Ecopetrol is owned at 88.5% by the Colombian Government while the remaining shares are floated at the Bogota and New York stocks exchanges. After Mexico […]
