South America
Shaping The Future Established in 1894 in Germany for drilling and mining potassium salt, Wintershall started the oil production in 1930 and joined the chemical group BASF in Ludwigshafen as a wholly-owned subsidiary in 1969. Based in Kassel, Germany, Wintershall is the largest German crude oil and natural gas producer and operates the largest network of pipelines […]
After Occidental, Mexichem signed with Pemex In August 2012, Mexichem SAB (Mexichem) signed a Memorandum of Understanding (MOU) with Occidental Petroleum Corp. (Oxy) through its chemical branch Oxychem to build a new ethylene cracker for the supply of vinyl chloride monomer (VCM). Vinyl Chloride Monomer is the primary feedstock for the production of the numerous […]
YPF and Chevron signed MOU in unconventionals YPF SA (YPF) the Argentina’s national oil company and the international oil company Chevron Corporation (Chevron) signed a memorandum of understanding to explore and develop the local unconventional resources in oil and gas. According to the US Energy Information Administration (EIA) Argentina is the largest producer of natural gas […]
Commit to rejuvenate mature fields and develop massively unconventional resources Headquartered in the Buenos Aires, YPF CORPORATION SA (YPF), is listed in Buenos Aires and NYSE as the largest energy company in Argentina. Established as a national sense, professional, competitive, integrated from the wellhead to the consumer, YPF is operating as the national oil companies (NOCs) in the various […]
Braskem Idesa awards petrochemicals EPC contract Braskem Idesa S.A.P.I. (Braskem Idesa) awarded the engineering, procurement and construction (EPC) contract to Technip-Odebrecht-ICA Fluor for the Veracruz Ethylene XXI petrochemical complex in Mexico. Braskem Idesa is a joint venture between the Brazilian chemical company Braskem and Grupo Idesa with working interest are shared: – Braskem 65% is […]
2B1st, we propose you a new category of information For months we run a blog and publish a Newsletter every day with three categories of information: – One day – One News – One day – One Project – One day – One Word With these categories of information we intend to address different topics. […]
Definition EEZ is the acronym of Exclusive Economic Zone EEZ defines the maritime area of 200 nautical miles distance (370 km) from the coast baseline where each state is entitled to empower its sovereign rights. Comments The legal definition of the EEZ was given in 1982 by the United Nation Convention on the Law of […]
CNOOC and Sinopec target Nexen and Talisman assets July 23rd 2012, the Chinese CNOOC Ltd (CNOOC) announced to have signed an Arrangement Agreement with Nexen for the acquisition of the Nexen shares listed in Toronto and New York Stock Exchanges. The aggregate value of the proposed acquisition is approximately $15.1 billion on the top of which […]
